Revetas Capital has sold an 8,300sqm office building in southern Poland to Proton Property for an unspecified amount.
Revetas confirmed it had sold Building A in the Bonarka for Business (B4B) complex at ul Puszkarska 7F in Krakówo to the investor and developer.
Vlad Dragoescu, partner and head of portfolio management for central and eastern Europe at Revetas Capital, said: “The disposal of Building A forms part of our ongoing portfolio management strategy for Bonarka for Business and reflects continued investor interest in well-located office assets in Kraków.
“While market conditions across the office sector remain selective, we continue to see strong long-term value in the B4B complex. We are pleased to complete this transaction with an experienced local investor with whom we share a constructive and relationship-driven approach.”
Antonio Pomes, director and country head of portfolio management at Revetas Capital, said: “Bonarka for Business has established itself as one of Kraków’s leading office destinations, benefiting from its strategic location, strong connectivity and mature business ecosystem. We remain committed to its further enhancement through active asset management and occupier-focused initiatives.”
Tomasz Gawarecki, CEO of Proton Property, said: “We are very pleased with the completion of this transaction. This is a strategic move that will allow us to offer our clients yet another high-quality office building.”
Sykstus Gaczoł, VP of Proton Property, said: “This investment is proof of our faith in the potential of the Kraków office market. We believe that Bonarka Office will bring tangible benefits not only to our clients but also to the local community, stimulating further economic development in this part of the city.”
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