CPI Property Group has acquired a 50.3% stake in the Chałubinskiego 8 office building in central Warsaw.The asset is one of the most recognisable and distinctive high-rise office properties in Warsaw and comprises 46,000m² of GLA across 47 floors.The purchase price was not disclosed.
“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.”
