CA Immo acquires Postępu 14 office building in Warsaw

Greenberg Traurig advised CA Immobilien Anlagen AG (CA Immo), a specialist in office properties in Central European capitals, on the acquisition of all shares in P14 Sp. z o.o., the owner of the Postępu 14 office building located in the Mokotów area of Warsaw.

Postępu 14 is one of the most state-of-the-art office buildings in the district of Mokotów, offering 34,500 sqm of leasable space. The development stands out for its green solutions, including clean energy from wind turbines, cycling infrastructure, an electric vehicle charging station, energy-saving lifts and lighting as well as the use of rainwater to water plants and cool the AC systems.

“It is yet another transaction, following the acquisition of Spire B and Spire C buildings in the Warsaw Spire office complex, which allows us to strengthen our cooperation with this strategic Client. Moreover, we advise CA Immo on certain issues in relation to the ongoing management of the Warsaw Spire complex. We are also looking forward to working together on further acquisitions on the Warsaw market, contemplated by the client,” said Partner Radomił Charzyński.

CA Immo is an investor, manager, and developer specialised in modern office properties across the gateway cities in Germany, Austria, and Central Europe. The company covers the entire value chain in the field of commercial real estate including a high degree of in-house construction expertise. Founded in 1987, CA Immo is listed on the ATX index of the Vienna Stock Exchange and holds property assets worth around €5.2 billion in Germany, Austria, and CEE.