SEB Asset Management has acquired the Trinity Park III office building in Warsaw on behalf of its real estate mutual fund SEB ImmoPortfolio Target Return Fund for EUR 93 mln. The seller of the top-class office building was the international property developer Ghelamco.

The new six-storey building on Ulica Domaniewska has a U-shaped design and contains three separate foyers. The property comprises a total rental space of 32,587 m2, and 869 parking spaces. Some 4,500 m2 of office space are available on each floor. The main tenants are the Polish branch offices of Unilever, Kraft Foods, Teva Pharmaceuticals and MTV Networks.

Trinity Park III is one the first buildings in Warsaw for which a BREEAM certification application has been filed.

Colliers International, led by director John Banka, represented SEB in the transaction. Colliers has also been involved in other major recent deals in Poland. The property adviser represented develper Mayland Real Estate in the sale of two shopping centres to MGPA in a EUR 236 mln transaction earlier this year. MGPA took an option on a third shopping centre as part of the deal.

Last summer Colliers acted for Skanska in the sale of the Deloitte House office property in Warsaw to Deka for EUR 119 mln.