Catalyst Capital Purchases Moniuszki Tower in Warsaw

Catalyst Capital Purchases Moniuszki Tower in Warsaw Catalyst Capital LLP is pleased to announce the purchase of the 9,231 sq m Moniuszki Tower in central Warsaw on behalf of its European fund, Catalyst European Property Fund. The building is completely occupied by a single tenant, Telekomunikacja Polska S.A. on a short-term lease expiring in 2013.

“This purchase reflects our confidence both in the underlying strength of the Polish economy in these current times and in our intent to invest further funds into the Polish retail and office market”, stated Kean Hird, partner at Catalyst Capital. Tomasz Doktór, head of Catalyst’s Warsaw office, explained “This purchase fits ideally with the investment strategy of our fund because the tenant will vacate the property entirely leaving us free to conduct a full renovation of the property to update it to current commercial and environmental standards.”

Catalyst has been active with its European fund during 2011 in Germany, France and the U.K. as well as Poland. Moniuszki Tower was developed in 2002 and is a 22 Storey office tower. Senior debt for the purchase was provided by Nordea Bank. CBRE acted as commercial advisors on this transaction.

For further information contact:
Deborah Tuck
Catalyst Capital LLP
33 Cavendish Square
London W1G 0PW
+44 (0)20 7290 5100

Tomasz Doktór
Al. Jana Pawła II 15
00 - 828 Warszawa
+48 (22) 697 73 50

Note to Editors
About Catalyst Capital LLP
Headquartered in London with European offices in Paris, Frankfurt and Warsaw, entities associated with Catalyst Capital purchases, builds and manages a significant portfolio of retail, office and industrial real estate, based upon opportunistic or value-added strategies in Europe. Catalyst Capital is privately owned by its management and is a direct owner-operator of commercial property through its managed funds. In its 15-year history it has acquired, in partnership with institutional and private investors, a commercial real estate portfolio, comprising both individual assets and portfolios, totalling over €4.1 billion, improved during Catalyst’s ownership then resold. Catalyst Capital focuses its European real estate activities in the UK, France, Belgium, Germany and Poland. Outside Europe, Catalyst co-manages the Catalyst Samsara India Opportunity Fund, with Samsara Capital in Mumbai.

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