News

Iris office building sold by entity being a part of CPD Group to DL Invest Group.

Iris office building, located in Warsaw at 9 Cybernetyki Street has been sold by the entity being a part of CPD Group to DL Invest Group.

Iris is a modern class A office building being a part of Cybernetyki Office Park located in Mokotow Business District – rapidly developing Warsaw district. Total building space exceeds 14,000 sqm. Iris is 7 kilometers away from the city centre and only 2 kilometers from the Chopin airport.

“The acquisition of such a valuable asset is an important element of DL Invest Group development strategy. Our portfolio of real estate assets is being constantly expanded through developments and acquisitions of new projects. This is another purchase of DL Invest Group closed this year. The value of our real estate portfolio already exceeds PLN 2 billion. We are capable to acquire assets and development projects quickly, thanks to a well-developed internal structure. This structure allows us also not only to conduct a quick appraisal of the property, but in particular generate additional value by revitalizing or re-commercializing of the project. We are constantly looking for attractive assets to purchase, especially those where we can generate additional value. And Iris is a great example of such an asset – with significant potential to increase value. Additionally, over 95% of the available lease space is based on strong tenants such as Asus, Poczta Polska or Saint Gobain, what guarantees constant, long-term cash flow” – comments the acquisition Dominik Leszczyński, CEO at DL Invest Group.

Źrodło: https://strefainwestorow.pl/wiadomosci/20221017/avison-young-doradzal-spolce-z-grupy-cpd-w-sprzedazy-biurowca-iris-do-dl-invest