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KGAL buys Prosta Office Centre

Rafał Ostrowski 22 January 2020

Rafał Ostrowski

Journalist

+48 22 356 25 11
rafal.ostrowski@eurobuildcee.com

Rafał Ostrowski has over 17 years’ experience as a journalist. Before joining ‘Eurobuild CEE’ five years ago, he wrote for Wydawnictwo Murator and Shopping Centre Magazine, as well as for retailnet.pl. He has also written for many newspapers and magazines as a freelancer and prepared photo-reportages. Rafał graduated from the University of Warsaw in philosophy. He also completed postgraduate studies in text editing. For ‘Eurobuild CEE’ he covers most real estate sectors, including logistics, construction, office, residential and retail. He is also in charge of the film direction for Eurobuild TV.

KGAL buys Prosta Office Centre
This is the second purchase made by KGAL in Poland

POLAND German investment and asset managment company KGAL has bought the Prosta Office Centre building in Warsaw’s Wola district from Cromwell Property Group for one of its real estate funds.

The building near the Rondo Daszyńskiego roundabout was completed in 2006 and has eleven floors with 21,000 sqm of office and retail space and three underground levels. "Today we are securing a location that tomorrow will be part of the new Warsaw city centre," said André Zücker, the managing director for real estate at KGAL Investment Management. This is the second purchase made by KGAL in Poland. In 2018 the company bought the 13,000 sqm Spark C building in Warsaw from Skanska. According to Savills, who advised the seller, it is the first deal to be completed in 2020.
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