EURO STYL sold BHP Office Park in Gdańsk

BPH Office Park in Gdańsk
BPH Office Park in Gdańsk
Tricity developer signed a sales agreement concerning BPH Office Park office complex in Gdańsk with GNT Gdańsk partnership with Irish capital.

BPH Office Park is located in Jasień district situated ca. 10 km to the west from the center of Gdańsk. It is composed of three buildings – A, B, C, the total lease area of which amounts to 20 000 sq. m. A and B structures were commissioned in July 2013 and C building – in January 2014. The complex is fully rented by BPH S.A. bank (GE Capital Group) within a long-term contract.

 

See also: Build-to-suit office

 

EURO STYL is one of the biggest and the fastest developing developers in Tricity. The company may boast about realization of several residential projects with the total area of over 180 000 sq. m and successful enterprises from the segment of commercial properties. 

 

After the successful completion of many residential projects, we realized our first sales transaction in the segment of commercial properties. The office market constitutes a direction in which EURO STYL Group is planning its further development. The example of it may be such projects like Tensor in Gdynia or C200 Office in Gdańsk and other planned businesses. The sales of BPH Office Park office complex confirms the effectiveness of a development strategy adopted by the company – comments Mikołaj Konopka, Vice-president in EURO STYL. 

 

The value of the transaction is not revealed. EURO STYL company was advised by JLL experts. We are glad about the possibility of cooperation with EURO STYL company at sales transaction of BPH Office Park. The transaction constitutes a confirmation of increased interest of investors and growing liquidity of the largest office markets apart from Warsaw. After big purchase/sales contracts registered in Cracow and Wrocław, the attention of investors is directed on the best office products on the fourth largest and dynamically developing Tricity market in the country – says Rafał Kosoń, Director in Capital Market Department for Office and Warehouse Real Estate, JLL.


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