CPI Property Group announced the acquisition of Equator I office building in Warsaw from Immofinanz. The investors previously acquired the Equator IV office building in Warsaw from Karimpol Polska.
“CPIPG’s office platform in Warsaw now comprises 11 office properties across more than 270,000 square metres,” said Barbara Topolska, Country Manager for CPIPG in Poland. “The scale of our operations allows CPIPG to uniformly implement our proprietary management model to drive efficiencies and enhance our ability to meet the needs of our tenants.”
Located on Aleje Jerozolimskie, in the vicinity of Zawisza Square, Equator I was completed in 2008 and comprises over 19,500 square metres of Class A office space located on 15 floors. Equator I is certified BREEAM “Very Good,” thus further enhancing the proportion of green-certified buildings in CPIPG’s portfolio. Equator I was acquired from Immofinanz.