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Hines Sells Proximo II

Alex Hayes 12 September 2018

Alex Hayes

Journalist

+48 22 356 25 20
alex.hayes@eurobuildcee.com

Alexander Hayes is currently working as a journalist for Eurobuild Central & Eastern Europe magazine. Originally from the UK, he moved to Poland in 1995 and has been working in real estate for over four years. He has a BA in english literature from the University of Buckingham.

Hines Sells Proximo II
Proximo II was delivered in January 2018
POLAND Hines has sold the Proximo II building at ul. Przyokopowa 26, which was part of the Hines Russia & Poland Fund portfolio, to the CS Nemovitostní Fond (CSNF), managed by the REICO investment company of Česká spořitelna (REICO IS ČS).

Hines has sold the building for EUR 77.3 mln. “We would like to thank REICO and its team for the second transaction successfully completed within a twelve-month time frame. We are sure Proximo II ideally fits REICO’s portfolio in Poland,” said Przemysław Iznerowicz, the managing director at Hines Polska.

Proximo II was delivered in January 2018, and is 100 pct leased to such tenants at Accenture, EY, Six and IT Kontrakt. It is now the second building in the Proximo complex to be bought by REICO IS ČS, which bought Proximo I in August 2017.

In the transaction Hines was represented by Dentons, Cushman &vWakefield and Crido. The purchaser was advised by White & Case, CBRE, TPA and DIL.


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