Adventum Group, which focuses on CEE real estate investments, have completed the fifth acquisition through its Adventum Penta Fund SCA SICAV-RAIF.
As of today, close to 250 million EUR has been raised and onboarded on the Adventum PENTA platform, overwhelmingly from blue chip institutional investors. Adventum has managed to attract institutional capital from Hungary, Germany, the UK and further European countries based on Adventum’s strong track record, remarkable pipeline and ESG compliant green fund offering. Adventum targets high yielding core plus office buildings in economic centers of the core CEE region.
The fifth acquisition of the Fund is the Wola Retro office complex in Warsaw, Poland that was constructed in 2019 by Develia SA. The property is situated in the Wola District the newest city center hub and still dynamically growing prime commercial and residential city location. The altogether 25,900 sqm (GLA) Wola Retro office complex is composed of two integrated sections, a 6,900 sqm heritage (façade) low rise building, and a 19,000 sqm, 14 storey newly built component. Both sections were delivered to high standard and comply with class A office specifications and modern ESG requirements.
Source: Press release