Generali buys Warsaw’s Piękna 2.0 offices

Investor Generali Real Estate (acting on behalf of the Generali Europe Investments Holding fund) has acquired the Piękna 2.0 office building in downtown Warsaw from a fund advised by Griffin Real Estate. The value of the transaction, which was brokered by JLL (representing the buyer), has not been revealed. The Piękna 2.0 building offers around 15,800 sqm of office space and has recently been thoroughly modernized. In Central and Eastern Europe, Generali Real Estate currently manages a portfolio valued at approximately €1 billion. The company’s other Warsaw office assets include KróLEWska, Senatorska 18 (Pałac Jabłonowskich) and Plac Małachowskiego.

(Warsaw Business Journal)