Another real estate transaction took place in Katowice. The Aviva Investors fund has sold its office building Millennium Plaza.
The building has been purchased by Lone Star, a private equity firm headquartered in Dallas that invests in real estate, equity, credit and other financial assets. Since the establishment of its first fund in 1995, Lone Star has organized …
Since January 2010, the Katowice office of King Sturge negotiated leasing contracts for almost 10 000 sq. meters in the City’s office buildings. The transactions were mostly signed for Katowice Business Point (KBP) of which King Sturge is the exclusive commercialization agent. Latest contracts in KBP were secured for about 1 000 sq. meters.
Additionally, the agency extended a lease agreement with Inkasso Plus for 137 sq. meters
New office developments, which are going to be delivered to the stock this year in Katowice, will increase the supply for approx. 50 000 sq. m. The situation will give an opportunity for tenants to choose between more options and to find appropriate location for office. At one time, existing office buildings can face with a loss of theirs present occupants. Consequently, the existing locations are expected to fit in with market changes and to adopt some incentives to keep present and/or gain new tenants.
King Sturge, a property consultants agency extended a contract with PZU for a rent of 2 500 sq. m in the Millenium Plaza office building. The contract was extended for the next four years. Decisive factor was a localization of the building which is well known among costumers of PZU. Moreover, the area of 330 sq. m will be occupied by Karbonia Polska (142 sq. m) and Det Norske Veritas (182 sq. m).
Copyright © 2023 | WordPress Theme by MH Themes