Adventum strikes again in Poland with Katowice office buy

Malta-based boutique fund manager Adventum International has acquired the 17.500 m2 Katowice Business Point office building in Katowice, Poland, for an undisclosed amount.

The deal, the fourth investment made by Adventum's Quartum real estate fund in CEE over the past seven months, involves an 11-storey, office building boasting a BREEAM ‘Very good’ green rating.

Katowice Business Point (KBP) was developed in 2010 by Ghelamco as their flagship project in Katowice.  The property serves as the headquarters of Tauron Polska Energia SA, the largest energy distributor in Poland.

Andras Marton, director at Adventum International commented: 'The acquisition is a confirmation of Adventum International’s transaction know-how in handling complex structures. As a Mid-Cap fund manager we continue to seek core + and value-add opportunities in Poland, Hungary, Czechia and Romania and plan to undertake further two transactions in 2020 with Adventum Quartum.'

The deal was financed by Santander Bank Polska with CBRE representing the purchaser as debt advisor.

Dentons and Avison Young advised the seller; act BSWW, MDDP, Knight Frank and Sentient acted for the buyer.

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