Poland Syrena sells PRS project in Warsaw
Investment & financeschedule 02 April 2025
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Syrena Real Estate has sold its first PRS project at ul. Wolska in Warsaw. The new owner is the Belgian company Xior Student Housing NV. The transaction value was EUR 12 mln, making it the second successful sale of a stabilised PRS project in Poland.
Located at the intersection of ul. Goleszowska and ul. Wolska in Warsaw, the building was Syrena Real Estate's first independent PRS project. The company purchased the property from Dantex Holding in October 2022 using its own funds, and then carried out the finishing work and commercialised it in a record time of two months. 100 pct of the lease agreements were denominated in euros.
We are proud of this transaction. Our return on capital was 35 pct in just two years. We have proven that full
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