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«Commerz Real just transacted its premier investment in Poland as it signed the deed for "Tulipan House" in Warsaw. The office complex, which was completed at the end of last month, is earmarked for one of the company’s open-ended property fund, hausInvest global. The office property stands for an investment volume of approximately 61 million euros and was sold by Segro BV. and Segro Sp.z.o.o. A small fraction of the gross lettable area of 18,545 m² is reserved for retail or gastronomy. On top of that, the premises include 500 parking spaces. The absence of support structures throughout the usable floor area permits flexible floor plans. With its modern mechanical services, the high-end façade, and the flexible layout, this four-storey office complex goes a long way in meeting the requirements of even the most demanding tenants.
Tulipan House is located in the centre of the vibrant Mokotów district that borders on the southern edge of Warsaw’s central business district (CBD) and counts among the city’s largest business quarters. Numerous media companies, public sector institutions, and one of Poland’s most sales-intensive shopping malls are found in Mokotów. The property boasts outstanding access to public transportation, and Frédéric Chopin International Airport is just a few minutes’ drive away.
"The acquisition of Tulipan House comes in the wake of our commitment in the Czech Republic, and is meant to develop another Eastern European market for hausInvest global," argues Hans-Joachim Kühl, the Board Member of Commerz Real AG in charge of real estate acquisitions. "We have previously invested in Poland on behalf of our closed-end funds. So, we are quite familiar with the market and convinced that its dynamic growth offers attractive value-increase potentials." » (CS della Società)
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