CA Immo Aquires P1 Portfolio in Poland

People ♦ Published: December 13, 2013; 09:50 ♦ (Vindobona)

CA Immo AG acquires shares of joint venture partner AXA in “P1” Portfolio in Warsaw.

CA Immo Aquires P1 Portfolio in Poland / Picture: © CA Immo AG

• Purchase agreement governing acquisition of remaining 49% stake in “P1” Portfolio signed with AXA

• Investment consolidates presence in prime Warsaw office locations while boosting recurring cash flow

• Acquisition below current book value contributes to growth in NAV

CA Immobilien Anlagen AG has successfully concluded negotiations with AXA Investment…