ECO Azora buys Green Office

The Azora International Group fund has acquired from the Buma Group two modern office buildings within the Green Office complex.

The Azora International Group fund has acquired from Buma Group two office buildings within the Green Office complex. The subject of the agreement concluded on the 21st of December 2011 is 11,3 tys. m kw. of leasable office space. Both buildings are occupied by Motorola Polska Solutions Sp. z o.o. Jones Lang LaSalle represented the Buma Group in the sale transaction. Legal assistance was provided by the Norton Rose law firm.

The Green Office complex is located in Kraków and consists of three, 4-storey A-class office schemes. The total leasable area within the complex is 21,3 tys. m kw. The architectural design was prepared by the Krakow-based UCEES architectural studio.

Azora Europa is a private equity investor and part of Azora International Group. The fund manages 700 million euro of capital. Azora Europa has been present on the market since 2007 and is very active in CEE and SEE region. Its main shareholders are Spanish savings banks, pension funds and private investors.


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