Real estate Office property
13:58 28 July 2026
Post by: WBJ

Another office building in central Warsaw acquired by Syrena Real Estate

Syrena Real Estate, a Warsaw-based investor and asset manager, has acquired the Renaissance Building – a historic building situated on Plac Zbawiciela in Warsaw. The purchase of the property, with a usable area exceeding 7,000 sq m, is part of the company’s strategy to acquire high-quality projects

Another office building in central Warsaw acquired by Syrena Real Estate
Source: Syrena real estate

The Renaissance Building is a six-story office building, with approximately 4,600 square meters of office space and 600 square meters of retail space on the ground floor. A three-level underground car park provides 72 parking spaces. The property is situated in the very heart of Warsaw, in one of the most recognizable and prestigious locations in Śródmieście – on Plac Zbawiciela. The building’s history dates back to the early 20th century.

Originally known as the Pawłowicz Tenement, it was constructed between 1902 and 1903 as a mixed-use residential and commercial building in the Neo-Renaissance style, typical of Warsaw’s tenement architecture at the turn of the 19th and 20th centuries. Following the destruction caused by the Second World War, the tenement house was rebuilt and, at the start of the 21st century, converted into an office block. In 2005, the refurbished building was put into use. The third story of the historic part of the tenement house was restored, and two additional stories with a modern, glazed structure were erected above it. Further renovation work and refurbishment of the façade took place in 2016.

"The Renaissance Building is one of those landmarks that define Warsaw’s identity. It has a unique history, an excellent location and a timeless character – in other words, everything we are looking for as we build the Syrena Real Estate portfolio. We believe it is worth investing in properties that do not lose their significance over time, but instead increase in value. That is why we are taking a long-term view of the Renaissance Building. We want to preserve its office and retail character, whilst retaining the option to gradually convert the office space into residential units, as permitted by the provisions of the local spatial development plan, should this be justified by market conditions,” says Witold Zatoński Kotomski, founder of Syrena Real Estate.

Syrena Real Estate received legal support from the law firm Wolf Theiss, with financial and tax advice provided by Deloitte, and technical advice by Iliard and Reesco. The transaction was financed by Bank Pekao SA, which was represented by the law firm WKB Lawyers.

The acquisition of the Renaissance Building is part of Syrena Real Estate’s consistently implemented strategy, which focuses on modernizing and redefining existing buildings 

in Warsaw’s prime locations. Previously, the company successfully transformed the HOP building on Chmielna Street, with an area of nearly 14,000 sq m, and the Diuna complex in Mokotów, comprising approximately 46,000 sq m of space. In May 2025, Syrena Real Estate expanded its portfolio with another property – Zaułek Piękna, offering 8,800 square meters of space.

(Press Materials)


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