Immoeast sells Warsaw's Salzburg Center for EUR 41m

Immoeast has sold the Salzburg Center building in Warsaw to German open-ended real estate fund SEB Global Property Fund for EUR 41mln. The 10,660 m[sup]2[/sup] Salzburg Center is located in the booming office district of Mokotow on the edge of the Central Business District (CBD) of the city. The Class A building has parking facilities for about 100 cars. Major tenants in the fully-let property are Credit Suisse Asset Management, Deutsche Bank, TPA Horwath and PKO Bank.

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