Yareal sells LIXA office buildings in Warsaw

Developer Yareal and investor Commerz Real (acting on behalf of South Korea’s Hana Investment fund) have signed an agreement for the forward sale of two buildings of the LIXA under-construction office complex in Warsaw. The value of the transaction has not been revealed. The properties in question total 28,700 sqm of office space and are currently almost 80 percent leased out with bank BGŻ BNP Paribas being the anchor tenant. The entire LIXA complex, which is being developed in the Wola district of the Polish capital, will offer 65,000 sqm of office area at full build-out. It is expected to be certified in the BREEAM system at the “Excellent” level.

(Warsaw Business Journal)