Press release

19 Jan 2021

Ernst & Young Corporate Finance acting as transaction advisor in the process of selling 11 Buma Group office properties

Ernst & Young Corporate Finance, with the leading role led by Anna Kicińska, Bartłomiej Smolarek, Daria Świątek, Paulina Marcinek, Kamil Filiński, and Ipopema Securities worked as transaction advisors for the Buma Group in the process of selling 11 office properties located in Cracow and Wrocław, with a total GLA of 125 thousand sq m.

- Poland, among the countries of Central and Eastern Europe, is distinguished by strong regional markets such as Cracow and Wrocław, where the Buma Group has been successfully operating for years. This transaction proves that despite the existing conditions, real estate assets still remain in the field of purchasing interest of market players, including those from outside Poland – says Anna Kicińska, EY Partner and EY Real Estate Leader.

The agreements transferring the ownership of A-class office assets of the Buma Group were concluded on January 13th, 2021. The buyer is Partners Group, the global private markets investment manager, acting on behalf of its clients, while Reino Partners will act as an asset manager.

About EY

EY is a leading global professional services firm in assurance, tax, strategy and transaction and consulting services. Worldwide, nearly 300,000 best professionals operating from more than 700 EY member firms based in more than 150 countries share EY values and commitment to deliver exceptional client service. Our mission is “Building A Better Working World”, as a better working world is a better working economy, society and ourselves. 

EY in Poland has about 4,000 professionals operating from 7 offices across Poland – Warsaw, Gdańsk, Katowice, Kraków, Łódź, Poznań, Wrocław and EY SSC. EY Poland has been announced the “Best and Most Successful Tax Advisory Services Firm” several times in the business media rankings, and has also topped the “Best Accounting Firm” lists.

Since 2003 EY Poland has been running the EY Entrepreneur Of The Year Poland programme, with the country winners representing Poland to vie for the EY World Entrepreneur Of The Year title in the finals held annually in Monte Carlo.

EY is also one of the best employers in Poland. The firm has been honoured with Uniwersum’s “Best Employer” title and the “Most Desirable Employer” in the “Employer Of The Year®” ranking by AIESEC. EY has also received the “Great Place to Work” awards in the category of firms with more than 500 employees.