Aberdeen Immobilien Kapitalanlagegesellschaft entered into a long-term renewal lease agreement with Deutsche Bank for its Polish head office in Warsaw. The property is directly held by the Open-ended Property Fund Degi International.
The Focus Filtrowa building, which comprises a rental area of 34,000 sqm, was built in 2000 and purchased by Aberdeen Immobilien for Degi in 2007.
The centrally-located property has held its own against numerous competitors, including new developments in the area. The 9,900 sqm lease agreement has a fixed term of seven years.
Cushman & Wakefield acted as broker on behalf of Aberdeen, whereas Jones Lang LaSalle represented Deutsche Bank.