CPI Property Group, owner of income-generating real estate in the Czech Republic, Berlin and the CEE region, announces the acquisition of a 50.3% stake in the Chałubinskiego 8 office building in central Warsaw.
Chałubinskiego 8 is one of the most recognisable and distinctive high-rise office properties in Warsaw and comprises 46,000 square metres of GLA across 47 floors.
“The Group believes Chałubinskiego 8 is a superb long-term acquisition, with steady rental income and the potential for adjacent developments,” said Tomas Salajka, head of acquisitions and asset management for CPIPG. “With a relatively small initial investment, we can enhance our market-leading portfolio in Warsaw while creating opportunities for the future.”
Source : Company