The acquisition of International Business Centre is another Deka Immobilien’s transaction on the Polish market performed this year. A few weeks after undersigning preliminary purchase agreement for the InterContinental Hotel in Warsaw from UBM and Warimpex SA, DEKA acquired the IBC office building in Warsaw (at the junction of ul. Armii Ludowej and ul. Polna). The takeover was approved by the Polish antimonopoly regulator. 

TPA Horwath has recently represented Deka Immobilien in acquisition of the InterContinental Hotel. This year TPA Horwath has also advised on other key real estate transactions on the Polish market, including: the acquisition of Lodz’s Shopping Mall Manufaktura by Union Investment, the acquisition of Twarda Tower (TP S.A. headquarter) by the Europa Capital LLP fund and has just completed the sale of Marynarska Business Park by Aberdeen.

The total value of transactions, which TPA Horwath’s experts worked on or have been currently engaged in, is about one billion euros.