The German investment fund Catella Wohnen Europa purchased 72 apartments in the building at Złota 44 in Warsaw. Thus, it became the owner of apartments on 9 floors of the high-rise building located in the very centre of the capital.
We are glad that we could take part in a transaction so important for the real estate market yet again. It should also be emphasised that this transaction fits the trend shaping the new sector of real estate for rent. Investments of this type prove that Polish real estate market is in an excellent form and attracts further investors from abroad.
-comments Małgorzata Dankowska, Partner managing the real estate team and the Warsaw tax practice of TPA Poland.
The fund purchased apartments on floors from 11th to 19th. What is important, this fund invests only in very low-risk real estate. It has already invested in: Germany, France, the Netherlands or Scandinavia. By selecting Złota 44 for their next investment, representatives of the fund implied that they treated this project as safe investment of capital.
Apartments located at Złota 44 are intended for the rental market. In total, there are 287 in the 54-storey building. The offer is addressed first and foremost to representatives of the business world, expats, embassy employees.