Aparthotel operator Staycity Group and international investment firm Solida Capital have announced a strategic partnership for the development of a new Staycity Aparthotel in Warsaw, marking the group’s entry into the Polish market.
The property, located in the vicinity of Warsaw CBD, was originally constructed as an office building in 2005 and is currently undergoing a redevelopment conversion. On completion in late 2026, the building will house a 268-key Staycity Aparthotel offering a mix of self-catering studio and one-bedroom apartments. Guests will also benefit from a full range of amenities, including a bar, gym, co-working space and café, as well as a restaurant selling light foods throughout the day.
“As part of our expansion into new markets, Poland is a key target – currently the fifth-largest economy in Europe (by PPP) and significantly outperforming the broader European market, a trend that looks set to continue,” commented Andrew Fowler, chief development officer, Staycity Group.
“Solida was a natural partner for us, sharing a strategic vision and offering value creation across the full spectrum of asset management and investment. Their capabilities in real estate development and procurement, and dedication to ESG, complement our own strengths. Together, we aim to deliver well-balanced investment opportunities, underpinned by our strong covenant and brands, secured on long-term, sustainable rents.”
Warsaw, with its dynamic economy and growing international profile, continues to strengthen its position as a leading destination in Central and Eastern Europe for both business and leisure travel. Major infrastructure projects, including the expansion of the metro and tram networks, are further enhancing the city’s attractiveness for investors, residents and visitors.
“Our investment was driven by the conviction that sustainable urban regeneration can go hand-in-hand with strong financial performance. Partnering with Staycity Group allows us to reposition an underutilised asset into a high-quality aparthotel that meets the needs of Warsaw’s growing hospitality market while enhancing the vibrancy of this location,” commented Joao Saracho, managing director, Solida Capital Europe.
“This project reflects Solida Capital Group’s strategy of purposeful investment, where ESG considerations and long-term value creation are central to our approach. We are proud to support the city’s development and contribute to its continued international appeal. Staycity Group is an ideal partner for Solida as we share a common vision for growth, market potential, and values that form the foundation of long-term business relationships. We look forward to building on this partnership to deliver exceptional hospitality experiences and lasting value for the communities we invest in.”
