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Arcona buys Szczecin office

Eurobuild CEE 09 August 2017
Arcona buys Szczecin office
Maris has a gla of around 5,500 sqm
POLAND The Arcona Property Fund has finalised the purchase of Centrum Biurowe Maris from Bywater Properties for EUR 8.9 mln.

Maris is a six-storey building constructed in the centre of Szczecin in 2006 with a leasable area of app. 5,500 sqm and 119 underground parking spaces. The building has eleven tenants including Intive, Mobica and Prudential. The purchase, which was financed by DNB Bank Polska, included the SPV that owned the building. White & Case M. Studniarek i Wspólnicy, APP Projekt and TPA Polska advised the purchaser in the transaction and the seller being advised by DLA Piper Wiater. The acquisition brings the value of Arcona’s portfolio to EUR 96.8 mln. It includes properties in Slovakia (41.7 pct of the portfolio), Poland (40.5 pct) and the Czech Republic (17.8 pct). At the end of 2016 and early 2017 Arcona Capital completed the purchase of eleven shopping centres in Poland.

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