Pursuant to the agreement, Partners Group – one of the leading investment firms globally – purchased 11 prime office properties (including two under construction) in the cities of Kraków and Wrocław. The leasable area of the completed buildings is approx. 100 000 sqm, while approx. 25 000 sqm is under construction. Properties that are generating fixed income or are at an advanced stage of development and commercialisation constitute a vast majority of the portfolio. The assets will be managed by REINO Partners, a REINO Capital company.
“Bringing in a partner as prestigious as Partners Group and achieving such substantial growth in assets under management is certainly a great success for our team, especially in a business environment as hard as it currently is. This shows that foreign investors hold in high esteem our competences, years of experience and unparalleled familiarity with the local market,” said Radosław Świątkowski, CEO of REINO Capital SA.
Greenberg Traurig acted as lead transaction adviser for the buyers in the acquisition of BUMA Group’s assets. Deloitte provided financial and tax advisory, while Gleeds acted as technical adviser. Goodwin Procter (UK) LLP acted as legal adviser to Partners Group, also with regard to the asset management agreement with REINO Partners. London-based South 40 Capital acted as placement agent. The vendors were advised by Clifford Chance, Ipopema and EY.
REINO – a pioneer in ESG-focused real estate asset management – has taken the next step to improve all its processes in the field of environmental, social and corporate responsibility. The company has created the new…