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GLL Real Estate Partners bought Renaissance

Warsaw. Falcon Real Estate Investments company, belonging to private spanish investors, has sold a prestigous property.

GLL Real Estate Partners accquired an A-class office-retail building put to use in year 2005. Renaissance offers it's lessees an area of over 5 000 m2.

- We're immensely pleased with a chance to cooperate with GLL Real Estate Partners during the acquisition of such a prestigous property. We're seeing a strong demand for office buildings in Poland's capital and Warsaw still remains one of the investors' most desired locations in Europe. Warsaw becomes more and more popular because of Poland's relatively stable economy in comparison to other countries in the region – said Sean Doyle, Associate Director in CBRE's capital market's division in Poland. The Company was the sole advisor in the process of purchase.

Renaissance is located on Plac Zbawiciela which is one of the most fashionable locations in Warsaw.

Tags: Warszawa
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