Corum Asset Management acquires DSV HQ in Warsaw
DSV, a global supplier of transport and logistics services, has closed the sell-and-lease-back transaction with French investor, Corum Asset Management, for the new DSV International Shared Service Centre in Warsaw’s Mokotow Business District. The total leasable area (GLA) of the project is 20,000 sq m.
With a 10-yr lease to DSV International Shared Services, this deal is setting a new benchmark in Mokotow. Soren Rodian Olsen and Marcin Kocerba from global real estate services firm Cushman & Wakefield advised the seller.
“The new DSV HQ building in Mokotow is a landmark in terms of contemporary architecture and features a unique, Scandinavian work environment for the employees of DSV. We are proud of having advised DSV on this very special transaction, says Soren Rodian Olsen, Partner, Head of Capital Markets, Cushman & Wakefield Poland.
DSV Panalpina A/S is global transport and logistics service provider, based in Denmark. With offices and facilities in more than 90 countries on six continents, we provide and run supply chain solutions for thousands of companies on a daily basis. Its 2019 revenues amounted to €12.7bn.
Corum Asset Management is one of the leading real estate investment managers in Europe with more than €2bn in assets under management. The acquisition of DSV HQ in Warsaw is Corum’s 3rd acquisition in Poland during the past 18 months.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 53,000 employees in 400 offices and 60 countries. In 2019, the firm had revenue of $8.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWakeCE on Twitter.