Warsaw, October 2, 2014 - Castle Carbery Properties, on behalf of Mazovia Holdings II Sp.z o.o., has sold the Cirrus Office Building located in the Mokotów District of Warsaw, to a subsidiary of Adgar Investments & Development, a real estate investor traded on the Tel Aviv Stock Exchange.
Cirrus is a modern office building with a total leasable area of 14,007 square meters. The Property, located across the street from Galeria Mokotów, is leased by reputable international tenants, such as GlaxoSmithKline, Alcatel Lucent, Regus, Deutsche Bank, Millennium Bank and Mercury Engineering.
Michael Scully from Castle Carbery Properties said: „Castle Carbery Properties ltd is delighted to deliver a successful and profitable sale in accordance with the lifetime of the fund. The successful sale of Cirrus confirms the continued demand among institutional investors for modern, well-leased office assets in Warsaw.”
Colliers International acted as the exclusive sale agent for the Vendor.