Generali Real Estate has completed the acquisition of Le Palais, a prestigious office building in Warsaw, on behalf of the pan-European “Generali Europe Income Holding” (GEIH) fund managed by Generali Real Estate S.p.A SGR. The seller of the asset is PATRIZIA AG on behalf of its institutional clients.
Le Palais is a historic building in Warsaw, featuring a classic architecture coupled with modern technical solutions. The 6500 mq property is located in the Central Business District of Warsaw, ideally connected to the rest of the Polish capital by public transport and well served by a variety of services such as restaurants, hotels and shopping centres, which made it the building of choice for a strong tenant mix, both for the office and retail spaces. The building is certified BREEAM Excellent.
You can now read the full press release at the link below