S+B GRUPPE AG has acquired the superbly located building Senatorska 18, 18A right in Warsaw’s city and financial center from Commerz Real, a company of the Commerzbank Gruppe. Located right across from Warsaw’s National Theater, Senatorska with its leasable area of 17,000 sqm, the approximately 170 parking lots and its seemingly historical façade is one of the city’s most known addresses.
According to Franz Paul Bauer, shareholder and member of the management board with S+B Gruppe AG, Senatorska is a unique opportunity to bring new shine to an outstanding real estate landmark right in the heart of the capital city of Warsaw.
As with the other buildings developed up until now by the S+B GRUPPE AG in Warsaw, i.e. Zebra Tower, Hotel Hampton by Hilton Warsaw City Centre and KroLEWska and the Widok Tower project that is currently under development, with Senatorska the company also aims to ensure the highest standards as far as quality and sustainability are concerned. Future office users will be able to enjoy in this unique location office spaces that offer a free view of the National Theater and of the surrounding green areas.
Income-producing properties are becoming an increasingly appreciated option for Romanian or foreign private investors who have previously been mainly active in the residential sector and who are now targeting...