Mokotowska Square sold

Yareal Polska has sold the 7-storey Mokotowska Square building. Its new owner became Deka Immobilien GmbH- an open fund acquiring and managing properties in Germany, which belongs to DekaBank Group

Yareal Polska has sold the 7-storey Mokotowska Square building. Its new owner became Deka Immobilien GmbH- an open fund acquiring and managing properties in Germany, which belongs to DekaBank Group The seller was being represented by Hugan Lovells law firm, while the buyer - by Salans law office's chamber counsel.

Mokotowska Square is a multifunctional structure located in Warsaw's city center on Mokotowska St. APA Markowskie arcitectural studio was in charge of the building's construction project executed by Yareal

The building is commercialized in 80%. Currently last lease contracts are being negotiated for the remaining space. Among the existing leaseholders are companies such as Multikino S.A., Knight Frank, PGE Energia Jądrowa as well as luxurious shops (Escada, Marc Cain, Chiara and le Chic).

 


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