Skanska has sold Westin Warsaw, a five star hotel in Warsaw, Poland, to Al Sraiya Holding Group. The value of the transaction is €56 million and the sale was recorded by Skanska Commercial Development Europe in the fourth quarter of 2016. The transaction is expected to be closed in the first quarter of 2017.
Al Sraiya’s Hospitality Group owns hotels in Doha, London, Munich, Washington DC and Warsaw.
Sign up today for the latest news