Von der Heyden Group sells Andersia Business Centre to PHN S.A.!

01.07.2015

Von der Heyden Group has the pleasure to announce having entered into a transaction with Polski Holding Nieruchomości S.A. who purchased VDHG’s shareholding in one of its 12 Polish special purpose companies, Andersia Business Centre Sp. z o.o.

Andersia Business Centre Sp. z o.o. owns the modern Class A office building – Andersia Business Centre (ABC), combining office and retail function in the heart of business in Poznań, fully let to renowned Tenants. The Building is in the neighbourhood of the Old Town, Stary Browar and Poznań International Fairs.

In March 2015, the ABC obtained the LEED gold certificate.

Andersia Business Centre is the first office building purchased by PHN S.A. in connection to the company’s acquisition strategy.

Although particular terms of transaction were not disclosed, Sven von der Heyden, Chairman of the Von der Heyden Group, said: ‘We have come a long way to close this transaction, since a letter of intent was signed half a year ago. We are pleased to have found with PHN a stable, reputable and experienced real estate investor as the new owner and wish them good luck with the third phase of buildings the Von der Heyden Group erected on Plac Andersa.’

‘We are pleased that we have completed the negotiations held over recent months to acquire an investment property. Andersia Business Centre is a building characterized by a very good location, high standard of offered space, and reputable tenants’, said Artur Lebiedziński, President of the Management Board of PHN S.A.

‘The transaction involves acquiring 100 percent of shares held by Andersia Business Centre Sp. z o.o., the building’s owner. We have also taken over a loan taken out in Bank Zachodni WBK S.A. The transaction is an element of PHN’s strategy aimed at increasing its modern leasable space assets. The Andersia Business Centre office building will definitely be a valuable asset in our portfolio’, saidWłodzimierz Stasiak, Member of the Management Board of Polski Holding Nieruchomości S.A.

Adam Trybusz, President of the Management Board of Andersia Business Centre Sp. z o.o. and Managing Director of Von der Heyden Group for Poznań said: ‘For years the market has waited for an active Polish player. Transaction with PHN is a positive signal for further development of the Polish commercial real estate market giving a big hope for the future. Polish commercial properties in Polish hands become a fact. I’m happy to have contributed to this reality.’

In the transaction, Von der Heyden Group was advised by Knight Frank Sp. z o.o.
It was a pleasure to represent Von der Heyden Group in the disposal of Andersia Business Centre to PHN. The terms of the transaction proved that this is the highest quality office building in the best location in Poznań’,  said Krzysztof Cipiur, manager in Capital Markets at Knight Frank.

Knight Frank had advised also during previous two VDHG’s remarkable sale transactions at the Anders Square in Poznań: Poznań Financial Centre (PFC) sold to AIB Polonia Property Fund S.a.r.l. in 2004 (Istphase development) and Andersia Tower (AT) sold to DEKA Immobilien in 2008 (2nd phase development).

Andersia Business Centre, a joint venture between Von der Heyden Group and the City of Poznań constitutes the third phase of Anders Square Development developed by VDHG in 2012. The 5 storey above ground ABC building comprises app. 14.000 sqm usable area and two underground levels with 144 parking places.

The ABC building was designed by the Architectural Studio of Ewa and Stanislaw Sipińscy who had also designed the previous two phases. Project management has been entrusted to Probuild Sp. z o.o. Porr (Polska) S.A. acted as a General Contractor and Knight Frank Sp. z o.o. as a financial advisor and broker.  PHN S.A. was advised by:  Jones Lang LaSalle and Greenberg Traurig Grzesiak.With the sale of ABC, VDHG was advised by the law firm Piszcz, Norek i Wspólnicy.


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VDHG-PHN Press Release – ABC sale-ENG -2-07-2015