Adgar Group bought Ochota Office Park

Ochota Office Park in Warsaw
Another investment joined Group Adgar’s portfolio – Warsaw Ochota Business Park complex.

Adgar Group is already an owner of such Warsaw projects as Adgar Plaza, Adgar Business Centre, Adgar Business Centre II (ABC II), Adgar Plaza Conference Centre and BMW Inchcape. The company informed that it has signed a contract with Mahler Projekt International concerning the purchase of office complex Ochota Office Park.

The place is located on Aleje Jerozolimskie 181. The transaction concerns a 36,350 m2 lot and three buildings, together offering 40,000 m2 of office space and 1000 parking spaces. Both sides do not disclose value of the transaction.

The contract was signed by: on Group Adgar’s side – Roy Gadish and Eyal Litwin, members of the board, and Tomasz Piotrowski, lawyer. On Mahler Project International’s side – Hans Gerhard Mahler and Martin Reuber, members of the board.

Lately we have successfully finished the process of office space lease in technologically advanced Adgar Plaza buildings. For some time we have been looking for other attractive places in Warsaw. Our strategy is to invest in profitable real estate assets. We were interested in objects, which market value could be risen thanks to our experience and knowledge of modern technology – such was the case of 360o office building in Tel Aviv or Adgar Business Centre in Warsaw. Now we are planning the future of Ochota Office Park, we want to modernise the building and existing systems. We started a collaboration with a famous design company, Hermanowicz Rewski Architekci and with Jones Lang LaSalle company. We already started a lease of the office space. We will disclose more information when our plans will be accepted – says Eyal Litwin, Country Manager of Adgar in Poland.

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