Warsaw’s Ethos and Astoria buildings change hands

Credit Suisse Asset Management Global Real Estate has, acting on behalf of its property funds, acquired the Ethos and Astoria mixed-use buildings in downtown Warsaw from Kulczyk Silverstein Properties and Strabag Real Estate respectively. The value of the transactions has not been disclosed. Built in 1998 and thoroughly refurbished in 2016-2017, the Ethos building comprises 13,000 sqm of office space and nearly 4,500 sqm of retail area. Astoria was completed in 2016 and offers around 19,000 sqm of office and retail GLA.

(Warsaw Business Journal)