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Echo Investment’s Malthouse Offices Are Sold to Deka Immobilien

Irina Negoita by Irina Negoita
September 21, 2021
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Echo Investment’s Malthouse Offices Are Sold to Deka Immobilien
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On August 5, 2021, investment and asset manager Deka Immobilien acquired Echo Investment’s Malthouse Offices, the biggest office building of the Warsaw Brewery complex, as well as the historic Malthouse, for approximately EUR 152.3 million.

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Warsaw Brewery is an urban rehabilitation project in central Warsaw, encompassing three office buildings, of which the first two – Gatehouse Offices and Villa Offices, were already sold by Echo Investment. Deka Immobilien received an occupancy permit in September 2020 and has already welcomed its tenants in its Malthouse Offices. The asset consists of a seven floors office building, the historic Malthouse, the Central Garden and the historical cellars. The property, completed in September 2020, comprises of GLA 29,600 square meters and two levels underground parking with 180 parking places.

“Warsaw Brewery is currently one of the most interesting locations in the capital. Lively, well-designed area in the business centre of Warsaw attracts people to live here, tenants to locate their headquarters and investors to place their financial assets into great office buildings,” declared Echo Investment’s Management Board Member Malgorzata Turek, adding that they are “welcoming a new co-host of this unique destination project – Deka Immobilien – and we are happy to be able to launch the full food and beverage offer together this summer.”

 

 

 

 

 

Tags: Deka ImmobilienEcho Investment
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Irina Negoita

Irina Negoita

Irina is an international business journalist with ten years of experience across several geographies, and writing for renowned publications including IHS, UBM, or S&P Platts, among others. She holds a BA in International Affairs and Communications from Vesalius College in Brussels, and an MSc in Crime Science from UCL in London.

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CEE Real Estate Matters

CEE Real Estate Matters is an online and eZine format publication dedicated to the fast-moving real estate markets in Central and Eastern Europe. Our diligent team of journalists works tirelessly to bring about news and analysis in five key areas: residential, office, retail, logistics and proptech. We guide real estate professionals through the complexities of these sectors, from stand-out development projects and deals, to financing, legislation and big executive moves.


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