Asbud launches new residential project in Warsaw

29
Apr
2021
News - Asbud launches new residential project in Warsaw #ASBUD #Poland #residential #Warsaw

by Property Forum | Residential

Construction of two 95-metre Towarowa Towers located on Prosta Street in Warsaw's city centre is starting. It is another investment by Asbud Group near Daszyńskiego Roundabout.


The whole complex consists of twin 29-storey towers and 3 lower apartment buildings which will be constructed at a later stage. There will be about 900 apartments in the whole complex.

The twin towers will have almost 600 apartments of various sizes, ranging from 25 to 140 sqm and 4 underground levels garage. At the moment only tower A is on sale - almost 40% of the apartments have already been sold. The apartments are sold with turn-key finishing that clients can choose from 3 different standards. For future residents, there a common area with terraces together with a recreation area, a fitness club and a lounge bar are also planned.

The complex, to be built only 1 minute walking from Daszyńskiego Roundabout, will serve primarily a residential function as well as retail activities on ground floors, well balanced with the neighbouring area that possesses mostly Class A offices.

Construction of towers is planned to last about 37 months. The general contractor is Hochtief Polska which has a proven track record in constructing high-end towers such as Rondo 1 and Cosmopolitan.  

"This complex shows Asbud’s determination of bringing to the market additional sustainable product that would further contribute to the city and its residents a great deal of comfort, quality at attractive prices in comparison to other premium projects in respect", says Raied Tanous, CEO, Asbud Group

Asbud Group is part of two international real estate developer groups: Shikun & Binui and Tanous Group.




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  • International fashion retailer Primark has opened its fifth Romanian store, spanning 3,185 sqm, at ElectroPutere Mall in Craiova, marking its debut in the country's south-west region. The launch follows a €10 million investment.
  • Speedwell has secured four new medical tenants for its Paltim mixed-use urban project in Timișoara. Colegiul Medicilor Stomatologi - Filiala Timiș has leased approximately 105 sqm, with an opening scheduled for November 2026. Concurrently, Paul Bold Dental Solutions will open a 143 sqm dental clinic in November 2026. Ophthalmology clinic ArtVision Med & Sofilens Lux has occupied 172 sqm since January 2026. Lastly, Ziva, a dermatology, aesthetics, and gynaecology clinic, has taken 92 sqm and will officially open in July 2026.

New appointments

  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.


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