Adventum International, a Malta-based boutique investment fund manager, has acquired yet another property in Poland. The 17, 000 sqm Centrum Orlat office building at Plac Lwowskich in Wrocław was purchased from seller EFL Service S.A. being part of the financial groups of the European Leasing Fund S. A. With this transaction Adventum’s Quartum Polish office portfolio grew to 63.000 sqm GLA.
From the purchaser’s side Business Development Director Andras Marton commented after the deal was closed. “We are glad to have undertaken the transaction with Credit Agricole, a highly professional business partner. Centrum Orlat has an excellent location and strong property fundamentals. Our strategy with the asset is to undertake a full refurbishment program, transforming it into a modern, energy-efficient Class A office building with BREEAM certification. Leasing of the property has already commenced, led by CBRE with Centrum Orlat re-opening its doors in Q1 2021.”
In the transaction, Deloitte Legal and Knight Frank advised the Seller; act Legal BSWW, Avison Young and Deloitte Tax the Purchaser.