GalCap goes Poland

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GalCap Europe, an investment and asset manager active in Austria and the CEE region, has entered Poland with the purchase of two historic boutique office buildings in Warsaw: Wilcza 46 and Mokotowska 33/35.

The seller was Amhola and the sales price remains confidential. GalCap was advised by Savills, Linklaters, Crido and DIL while Amhola was represented by Colliers International and MDDP. The two buildings have a combined gla of around 7,500 sqm of office and retail space and the tenants include the Museum of Polish History, the Adam Mickiewicz Institute and the State Mining Authority. GalCap Europe was founded by Manfred Wiltschnigg, Marco Kohla and Paul Hallam in 2015.

The company is active in Austria, Poland, Czech Republic, Slovakia, Hungary, Slovenia, Croatia, Serbia and Romania. “Acquiring Wilcza 46 and Mokotowska 33/35 is a unique investment opportunity on Warsaw’s market, which due to their superb location and timeless character is a perfect fit for our growing portfolio in the region. The two assets are perfect examples for our value-driven investment approach: well-established buildings in the most central locations with lease contracts that are not predominantly long-term,” stated GalCap managing partner Marco Kohla in explanation of the reasons for the purchase.

 

Quelle: english.eurobuildcee.com, 13.12.2018