Property adviser Cushman & Wakefield announced on Monday that it has represented Danone in the sale-and-leaseback transaction by the French food products multinational of its main office building in Poland. The financial details were not disclosed.
Property adviser Cushman & Wakefield announced on Monday that it has represented Danone in the sale-and-leaseback transaction by the French food products multinational of its main office building in Poland. The financial details were not disclosed.
The 5,000-m2 property in Redutowa Street in Warsaw was acquired by a private equity fund. Danone signed a new long-term lease for that property with the fund.
Danone has been operating in Poland for over 19 years and employs over 1,400 staff. The Polish branch is part of the Danone Group, the world's leader in the food sector. It offers primarily dairy products such as yoghurts and cheeses which are manufactured in its two Polish factories.