Wilanów One enters phase two

Located on ul. Królowej Marysieńki Bis in Wilanów, Warsaw's most prestigious neighborhood, Wilanów One will provide approximately 2,000 high-end apartments, a shopping center, service outlets as well as other amenities. The whole project is scheduled to be completed by 2015.

In its second phase, which expected to be completed by August 2009, Wilanów One will deliver 80 high-end apartments in a four-storey building. Most of them will feature three bedrooms on an approximate space of 75 sqm.

There will also be several five-bedroom penthouses of up to 170 sqm. All of the apartments will be air-conditioned and most of them will have floor-to-ceiling windows and walls of either 2.90 or 3.40 meters in height.

The building's design is attributed to a joint initiative of Israeli BLK Architects and the Warsaw-based Szymborski & Szymborski studio.

"We are very glad that the work on the project is gaining momentum and our apartments are being developed fast. The first inhabitants will move into Wilanów One as soon as this year,"  said Moshe Eytam, general manager of Wilanów One.

While phase one is still to be completed, it is expected to be delivered by Q4. Sales within the second phase are already kicking off, with prices ranging from zł.7,500 to zł.15,000.

Wilanów One is a joint investment of AFI Europe and Macquarie Global Property Advisors (MGPA).

AFI Europe is a subsidiary of Africa Israel Investments Group, an international investment company. MGPA is an international private-equity real estate fund best known in Poland for Warsaw's Rondo 1 office tower.