SI gets on PAR

The Luxembourg-based Sireo Immobilienfonds No. 4 SICAV has acquired the PAR Tower, an office building located in the Wola District directly west of the city center, from Rida Development Corporation.

The PAR Tower was completely rebuilt and refurbished in 2000. The building consists of nine floors totaling 6,200 sqm of office and storage area.

The building is rented to a Polish-governmental institution on a long-term basis.

The Sireo Immobilienfonds No. 4 SICAV is a pan-European fund with combined investments of EUR 1 (zł.4) billion.