Immoeast, the Austrian property group, has announced its second significant acquisition this week, with the purchase of a office-retail property in Croatia for a total investment volume of EUR 40 mln. The property has a gross lettable area of 21,400 m[sup]2[/sup] and was bought together with Generali.
Immoeast, the Austrian property group, has announced its second significant acquisition this week, with the purchase of a office-retail property in Croatia for a total investment volume of EUR 40 mln. The property has a gross lettable area of 21,400 m2 and was bought together with Generali.
On Wednesday, Immoeast said it had acquired 'Brama Zachodnia', a 14-floor office building in Warsaw, for a total investment of EUR 80 mln. The property, completed in 2001, has an underground garage and usable area of 36,000 m2. Swedish telecommunications giant Ericsson rents about 25% of the space. Other tenants include Gtech, Sagem Communication, Provident Polska and Marsh and McLennan.
