Warimpex Sells Hotel in Warsaw

Professional ServicesReal Estate ♦ Published: July 28, 2011; 17:52 ♦ (Vindobona)

The Austrian real estate company sells the Sobieski Hotel in Warsaw, together with an adjacent 6,000 square meter office building to Wenaasgruppen, headquartered in Norway.

Warimpex Sells Hotel in Warsaw / Picture: © Vindobona.org

Warimpex, Europa Fund II and George Mula agreed to sell their 100 % interest in the Sobieski Hotel to the Norwegian investment company Wenaasgruppen which specializes, amongst other activities, in hotel propertiesand asset management. The sale price agreed was in excess of € 50m.

“This sale takes place after the successful fulfilment of a five-year business plan. We have…