New contracts and structure of IVG Institutional Funds in Poland

A facade in the Victoria office owned by IVG Institutional Funds, pic Piotr Krajewski
A facade in the Victoria office owned by IVG Institutional Funds, pic Piotr Krajewski
The European fund in Poland will be functioning as a company's department from the date of the second quarter of 2015 due to structural changes. Furthermore, the Polish IVG team signed a new lease contract.

The IVG Institutional Funds GmbH is going to take over an operational activity in Poland within a new department after a structural group reorganization. The modification will allow to use the experience of the Polish team as well as strong support of the European structure of the fund. IVG Institutional Funds GmbH is one of the leading European deliverers of investment products for institutional investors, which manages the assets amounting to 10,5 billion euro.

 

The Polish four-person team of the IVG fund will be managed by Jacek Brzozowski and Grzegorz Fabijaniak. The gentlemen will be directly subordinated to Christopher Linnej, a chairman in Asset Management Europe located in Paris. The Polish team will be responsible for the current IVG portfolio in Poland which includes 11 commercial buildings in Warsaw and 3 structures located in Zabrze, Sosnowiec and Bydgoszcz.

 

IVG has recently signed a lease contract in the Victoria office which is located at Giełdowa 7/9 Street. A new tenant – that is Office BPO – is going to occupy the whole floor in a 13-storey building with the total area of 12 500 sq. m. Victoria received the LEED Gold certificate in the „Existing buildings” category. Moreover, IVG Institutional Funds sold the Jerozolimskie Business Park complex in Warsaw with the total area of 16 840 sq. m to the funds managed by ARES Management in February this year. The purchase of JBP in Poland was a part of a big portfolio transaction including the sales of 8 properties in 5 European countries (Great Britain, Germany, Sweden, the Netherlands and Poland) with the total value of 100 million euro.

 


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