AIB property fund invests in Poland

AIB Capital Markets has announced that its Polonia Property Fund has acquired a second regional office building in Poland.

The €30 million property is located in the heart of Krakow and provides over 14,000sq metres of prime commercial office and retail space. The acquisition represents the first major office transaction in Krakow’s central business district. Tenants include Cap Gemini and Fortis Bank.

Michael O’Hara, chief executive of the fund, said the yield on the investment was above current market levels. The fund has invested €400m in commercial property in Poland and Hungary.

More in this section

Puzzles logo

Puzzles hub

Visit our brain gym where you will find simple and cryptic crosswords, sudoku puzzles and much more. Updated at midnight every day.

News Wrap

A lunchtime summary of content highlights on the Irish Examiner website. Delivered at 1pm each day.

Sign up

Our Covid-free newsletter brings together some of the best bits from, as chosen by our editor, direct to your inbox every Monday.

Sign up