ARTICLES LABELLED WITH TAG DWS

FLE SICAV FIS, managed by FLE GmbH, has acquired from DWS its fifth office property in Poland – the Kopernik Office Buildings in Warsaw. Knight Frank advised the buyer and Colliers represented the seller. The price remains confidential.

7R  and DWS have closed a transaction for the transfer of ownership of 7R Park Poznań East II, a warehouse park with a gross leasable area of over 51,000 sqm. The price has not been disclosed. 

Property Forum reported less than a month ago that the BC 140 office building in Budapest's Váci út was being sold. At that time, the new owner apparently would have been Chinese-owned Resolution Property but the latest developments indicate that the company that actually acquired the building in Portugal's Fidelidade. Although the two companies are rather far from each other at first glance, they are actually part of the same Chinese holding.

UK-based property investor Resolution Property, a key partner of leading Chinese investment firm Fosun, has acquired its third office building in Budapest. The 16,270 sqm BC 140 building, located on the Váci Road office corridor, has been sold by German asset management company DWS.

Torus has sold the fourth and final stage of the Alchemia business complex in Gdansk - the Neon office building. The buyer is global real estate investment manager DWS, on behalf of one of its German retail real estate funds. The net value of the transaction is over €80 million.