SEB Asset Management has bought the Salzburg Centre in Warsaw’s Mokotow office district for €41m from Immoeast.
The eight-storey class-A office building, completed in 2007, has 10,660 m2 of lettable space as well as 100 parking places and is within walking distance from the city’s main rail station.
Tenants in the fully let building are mostly IT and financial services companies, and include Deutsche Bank and Credit Suisse Asset Management. The average lease length is 5.6 years.
The purchase, which follows on from SEB’s purchase of Ande?l Park Building B in Prague in March, is for SEB’s open-ended SEB Global Property Fund.
