Linklaters advises Echo Investment on the sale of the Face2Face Business Campus office complex in Katowice
Linklaters has advised Echo Investment, the largest Polish developer, on the sale of the Face2Face Business Campus office complex in Katowice, to a joint venture of Investika – a Czech retail investment fund, and Bud Holdings – a private equity company. The deal value exceeded EUR 100 million.
Face2Face Business Campus consists of two buildings encompassing 47,000 sqm of office space. The complex is leased in almost 100% to tenants such as Capgemini, Honeywell, DAZN, Orange, Medicover Polska and CitySpace. Face2Face is located at Chorzowska Street, the major communication route in Katowice agglomeration, with key city destinations available in a short walking distance.
The transaction was led by Tomasz Trystuła (managing associate) and Marta Strykowska (associate), supported by Joanna Roman (junior associate) from Warsaw real estate practice.