Capital Park Group has sold the Royal Wilanów complex in Warsaw to the Czech real estate fund WOOD & Company. The value of the transaction exceeded €100 million. The building offers 37,000 sq m of lettable space and is fully commercialized.

Royal Wilanów is a modern, mixed-use complex located in Warsaw’s Wilanów district. The five-storey Class A building offers approximately 25,000 sq m of office space. The remaining space comprises a retail and service area with a wide range of dining options, shops, a kindergarten,
a fitness club and medical operators. A total of 908 parking spaces are available to customers in the underground car park. Tenants include Hilti Polska, Erbud S.A., Carrefour Polska, MJM Holdings, Benefit Systems S.A., Lindt & Sprüngli Polska, Medicover and LUXMED.

“Royal Wilanów is much more than just a building for us. It has also been the headquarters of our company for many years. Since its opening in 2015, we have been consistently developing this place and taking care of its day-to-day operations, watching with pride as it became an integral part of the Wilanów district and a popular destination for the local community. We are pleased that the project is now in very good hands and we remain involved as the property manager, ensuring continuity for our tenants and partners,” says Marcin Juszczyk, Managing Partner, Vice President of the Management Board at Capital Park Group.

With this acquisition, WOOD & Company has more than doubled its exposure to the Polish office market. This is the group’s fifth property investment in Poland and its third office building in Warsaw, following the Astrum Business Park and Concept Tower projects.

“Royal Wilanów is a unique complex that combines offices with retail, services and leisure areas, creating a vibrant environment for both tenants and the local community. A diversified base of more than 80 tenants and the building’s historically high occupancy perfectly reflect our investment strategy focused on high-quality assets with attractive long-term returns,” says Jan Kolb, Investment Manager at WOOD Real Estate.

“The acquisition of the Royal Wilanów project is fully aligned with our long-term investment strategy, which aims to strengthen exposure in key Central European markets, particularly Poland, one of the largest and most liquid real estate markets in the region. The transaction contributes to the further geographical diversification of the Office and Retail sub-funds’ portfolios and supports the stability of long-term returns,” adds Jiří Hrbáček, Portfolio Manager at WOOD Real Estate.

CBRE, MDDP and Greenberg Traurig advised Capital Park Group on the sale, whilst WOOD & Company was supported by Avison Young, CMS and Koda.