Warburg-HIH Invest finalizes acquisition of Prime Corporate Center

Warburg-HIH Invest Real Estate has finalized the Sales & Purchase Agreement for the office property Prime Corporate Center in the city centre of Warsaw, Cushman & Wakefield who represented the buyer, informed. The transaction, which took the form of an asset deal, was carried out as a club deal for four separate accounts of German institutional investors. The property has been sold by the Warsaw-based developer Golub GetHouse. The recently completed office property has a total rentable space of almost 20,900 sqm split over 23 floors and five basements. The property also has 197 parking spaces in the underground car park. The Prime Corporate Center is fully let. All office spaces are being occupied by Raiffeisen Bank Polska under a ten year lease.