“The positive state of the economy in Poland, the unique location of the planned building and having S+B Gruppe AG on board as an experienced project developer were the essential reasons for this investment,” says Robert Bambach, the member of the Management Board of Commerz Real AG responsible for real estate transactions. “With the acquisition of the property Aleje Jerozolimskie 44 we are undertaking a commitment for the third time in the Polish capital for the open-ended real estate fund hausInvest. 2010 saw the acquisition of the office building Harmony Office Center, two years later the purchase agreement was signed for the office complex Tulipan House. In total the Warsaw hausInvest portfolio will encompass some 66,000 square metres in the future.”
Directly opposite the property is the Palace of Culture and Science, a Warsaw landmark, and the “Rotunda”, one of the best-known buildings in the city. Furthermore, the planned real estate Aleje Jerozolimskie 44 will profit from excellent local transport connections as the metro station CENTRUM is right in front of the site and the central railway station is a mere 300 metres away. A number of heavily-frequented stores, as well as hotels and restaurants in the neighbouring buildings, will provide the future tenants of the property with ideal shopping opportunities and fine eateries.
“The development of a new building in an absolutely core location at the intersection of the best-known main streets in Warsaw provides an excellent opportunity for all involved. With Commerz Real as a renowned investor, the support of the city council and our developer know-how we believe the prerequisites have been fulfilled in an ideal manner for the development and realisation of a high-quality office building and business premises, which will be a source of great joy for the future tenants,” says Reinhard Schertler, Chief Executive Officer of S+B Gruppe AG.
3,139 chars (incl. blank spaces)
