Colliers represented the sellers in the sale transaction of Łużycka Office Park (buildings A, B, C and D) and Łużycka Plus, located in Gdynia. The new owner of the complex is a joint venture of Czech real estate open-ended fund INVESTIKA and Luxembourg private equity investor BUD HOLDINGS.
All purchased buildings represent the A class, with a total GLA of 27,200 sqm. They are a great example of a sustainable construction project, located in the dynamically developing business centre of the city, in a unique direct location at the Pomeranian Metropolitan Railway (PKM) stop and in the vicinity of two fast city rail stops (SKM), in close proximity to the main communication artery of Gdynia, Sopot and Gdańsk. To the international airport access by car or PKM takes about 20 minutes only.
Łużycka Office Park and Łużycka Plus feature timeless architectural and technical solutions, that guarantee comfortable working conditions for its tenants. The facades mixed with natural stone have a variable percentage of glazing, adjusted to the sunlight and energy entering the buildings. The grounds of the entire complex, including the parking canopies, have been carefully designed as a garden. The interiors of the property are planned in a way that creates functional office space. The quality of these office projects is confirmed by the obtained ecological certificates BREEAM and “Object without Barriers”. And the Highly Commended Office Development Poland award at the European Property Awards as well.
“This project was our flagship for years. One of the first “brownfield” investments exchanging a secondary part of the city to a vigorous new business centre. I believe the new owner will continue our success story and our tenants will stay in good hands,” says Sergiusz Gniadecki from SGPM, the asset&property management company responsible for this project.
“Łużycka Office Park and Łużycka Plus offered an interesting investment opportunity how to strengthen our portfolio by adding quality office buildings with a long WAULT at one of the most attractive locations in Poland. Moreover, we know the location very well since we bought the office complex Tensor next to Łużycka Office Park this year. We plan to manage both complexes as one in the future and expand the synergies and common amenities for our tenants,” says Václav Kovář, the portfolio manager of the INVESTIKA real estate fund.
“The transaction demonstrates the resilience of the regional office investments market in Poland and proves again that institutional-quality office assets with high-quality office tenants and impeccable retention record will continue to generate traction among key institutional investors,” says Piotr Mirowski, Senior Partner and Board Member at Colliers, responsible for bringing the deal to successful completion.
The global healthcare sector remains buoyant and is expected to grow despite a challenging economic outlook, according to global property advisor, Knight Frank. Investors remain confident in the long-term...