Google Poland Acquires Office Building In Warszawa For €583M
Rondo Daszyńskiego 2b, 02 843 Warszawa
$583,000,000
Building Size
—
Asset Type
Office
Closing
Mar 8, 2022
AI
Google Poland has recently purchased an office property in Warsaw, Poland for €583,000,000. The property, located at rondo Daszyńskiego 2b, 02-843 Warszawa, is part of the office sector.
Summary of transation details
- Property Type: Office
- Transaction Amount: €583,000,000
- Vendor: Ghelamco - Marie-Julie Gheysens
- Purchaser: Google Poland
- Agent: Sean Doyle - CBRE
Marie-Julie Gheysens, representing Ghelamco, served as the vendor in this deal, while Sean Doyle from CBRE acted as the agent for Google Poland. This transaction marks a significant investment by Google Poland in the Warsaw office market.
Players
Warsaw Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.03%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93