Commerz Real sells Jabłonowski Palace in Warsaw

Commerz Real sells Jabłonowski Palace in Warsaw

Published at: 2018-08-10 11:25 | Author: CIJEurope.com
S+B Gruppe bought the Jabłonowski Palace in Warsaw from Commerz Real. The property offers 17,000 sqm of leasable space on four floors. It was built between 1773 and 1785 for Antoni Jabłonowski based on a design by Jakub Fontana and Domenico Merlini. Cushman & Wakefield represented Commerz Real in the transaction process. “The Jabłonowski Palace located on Senatorska street is an iconic office building in Warsaw’s historic city center, and we are very proud of having represented Commerz Real in the disposal of this very special property that is the registered seat of mBank, one of Poland’s leading financial institutions,” said Soren Rodian Olsen, partner with the capital markets group at Cushman & Wakefield. “This transaction pays tribute to older and historical buildings being able to compete for institutional capital in Warsaw’s booming office market.”

Similar Stories:

Housing prices in Hungary’s Balaton average €3,200 per sqm
Housing prices in Hungary’s Balaton region are on the rise. Apartments along Lake Balato  »
ADO Properties S.A.’s operational improvements cap off a strong 2018
ADO Properties, a Berlin residential specialist, strengthened its market position during i  »
With German housing prices on the rise across the country, more and more potential homebuy  »
Czech mortgage rates stabilize at 3%
The upwards spiral of mortgage rates halted in February at least momentarily, with the ave  »
Investors from China, Russia and other countries are leading a growing influx of foreign f   »
Czech Republic  ♦  Round Hill plots European growth
The buildings are located in Helsinki and in regional towns near the south of the country.   »
The 340 apartments, built in a total of nine buildings, have long since sold out as Slovak   »
Emotions are running high on the Romanian residential market where demand is outstripping   »