POLAND Heimstaden Bostad buys more Warsaw projects
Residentialschedule 27 January 2021
Building D of Unique Tower in Warsaw’s Wola-Centrum district
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Moko Botanika in Służewiec district
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Studio Okęcie in Włochy district
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Swedish residential developer and investor Heimstaden Bostad has made its second acquisition in Poland with the purchase of three build-to-rent projects in Warsaw from their developer, Marvipol Development, for PLN 380.9 mln.
The projects included in the transaction are Moko Botanika in Służewiec district, Studio Okęcie in Włochy district and building D of the Unique Tower complex in Wola-Centrum district. Altogether they will comprise 647 apartments (29,851 sqm) and eleven commercial units (1,068 sqm). The total annual rental income of the units is estimated at PLN 30.6 mln gross. The deal agreed also comes with the option to buy another 60 apartments.
The conclusion of the contract with Heimstaden is in line
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