Avison Young and Colliers jointly advised Octava Property Trust on the sale of the Lighthouse office building in Warsaw. The buyer is an investor with Polish capital.
Lighthouse was erected in 2001 and is located at 435A Puławska Street, at the intersection with the Warsaw ring road, which provides convenient access not only by public transport but also by car. The building offers approximately 6,300 sqm of office space, which maintains a very high occupancy rate.
“This transaction further strengthens the position of domestic capital in Poland’s commercial real estate market. In Q1 2025, Polish investors accounted for 34% of all transactions by number and 17% by volume. They continue to focus primarily on smaller, lower-value assets such as standalone retail units, retail parks, and older office buildings with stable cash flow," comments Bartlomiej Krzyzak, Senior Director, Investment at Avison Young
“Lighthouse is an example of a stable office asset located along one of Warsaw’s main thoroughfares – Puławska Street. The surrounding area features numerous other small-scale office buildings that are also popular with tenants, which contributes to a relatively low vacancy rate in this office cluster. The transaction involving this property demonstrates that well-maintained office buildings continue to attract investor interest, even in a challenging market environment," adds Marek Paczuski, Senior Director, Investment Services at Colliers.
