Around 20 investment transactions with a total volume of ca. EUR 504 million were closed in Q1'16.
A few significant preliminary transactions, including a record high acquisition of 75% stake in Echo Prime Properties portfolio by Redefine as well as sale of Prime Corporate Center (new Raiffeisen HQ in Warsaw) by Golub GetHouse to Warburg-HiH were signed in Q1'16 and will be finalised in Q2-Q3'16.
We anticipate, that the end-year volume will easily exceed EUR 4.0 bn, boosted by portfolio sales and prime office assets in Warsaw.
Source : Savills