Skanska sells Westin Warsaw to Qatari group for €56m

02
Jan
2017
News - Skanska sells Westin Warsaw to Qatari group for €56m #hotel #investment #Poland #Skanska #Warsaw

by Ákos Budai | Investment

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.

Hotel Westin Warsaw is located in the prime city centre and has about 21,300 square meters of usable area. It offers 361 guestrooms including 15 suites and a royal suite. It is the first hotel in Poland to comply with the high requirements for environmental certification for existing buildings. It has been awarded a LEED for Existing Buildings: Operations and Maintenance certificate with Silver grade. 

Al Sraiya’s Hospitality Group owns hotels in Doha, London, Munich, Washington DC and Warsaw.

hotel investment Poland Skanska Warsaw


Latest news


New leases

  • Foundever has doubled its footprint to 3,500 sqm within the Bucharest-based Campus 6.3 office building, owned by CPI Romania. Cushman & Wakefield Echinox brokered the deal.
  • International logistics operator Logfret has leased nearly 4,900 sqm of warehouse and office space at the Segro Logistics Park Warsaw, Nadarzyn. The transaction was advised by Axi Immo.
  • Prologis has leased 2,200 sqm at Prologis Park Prague-Rudná to BattSwap. The tenant will utilize the space for assembly, storage, and office operations.

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.


Latest news

News - Warsaw’s growth story is far from over
17
Jun
2026

Warsaw’s growth story is far from over

by Property Forum
Few European capitals have changed as rapidly as Warsaw over the past three decades, yet many believe its biggest transformation still lies ahead. Industry leaders speaking at the closing panel of Future of Real Estate 2026, moderated by Aleksandra Mazzini, argued that the city is entering a new stage of development, driven by technology, talent, infrastructure investment and the evolution of large-scale mixed-use districts. While challenges around planning, regulation and sustainability remain, the long-term outlook for Warsaw was overwhelmingly positive.
Read more >
News - Harden Construction starts logistics development in Sosnowiec
16
Jun
2026

Harden Construction starts logistics development in Sosnowiec

by Property Forum
General contractor Harden Construction has started building a logistics centre in Sosnowiec for the Raben Group, one of Europe's logistics companies, with completion scheduled for Q1 2027.
Read more >
News - Passerinvest Group aims to deliver new Prague offices in H1 2028
16
Jun
2026

Passerinvest Group aims to deliver new Prague offices in H1 2028

by Property Forum
Passerinvest Group, in partnership with the GEMO group, has advanced construction on the Sequoia development in Prague, with final completion scheduled for H1 2028. Gemo is also serving as the general contractor for the project.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy