Credit Suisse Asset Management purchased the Prosta Tower office building, located in the centre of the capital, from the Marvipol group. Experts from TPA Poland provided tax consultancy for Credit Suisse.
Prosta Tower is a class A+ office building located in Prosta Street in the Warsaw district of Wola. The office building is the original building on the map of Warsaw. It has a concrete fa莽ade resembling honeycomb. The building has been designed by an eminent Polish architect – Stefan Kury艂owicz. Built in 2011 by Marvipol, it has since been the company鈥檚 registered office. The usable area of the 18-storey building is 6,080 sq. m.
The value of the transaction was EUR 26.8 million. The developer wants to allocate funds, remaining among other things after the loan for the refinancing of Prosta Tower has been repaid, to new warehouse and logistics investments.
The real estate market in Warsaw is one of the most dynamically developing markets in our country. Investors see great potential in the capital, and interestingly enough this attraction has remained at a similar, high lever for a long time. They want to be here, they want to invest their funds because they see development potential. So we are happy that we are part of this dynamic process and TPA Poland鈥檚 Experts may offer their knowledge and experience.
-emphasises Patrycja Jefimiuk, Manager in TPA Poland.
