Tuesday, 5 May 2026
CA Immo has completed the disposal of the Sienna Center office building in Warsaw, as part of its ongoing portfolio repositioning strategy.
The property, completed in 1998, provides approximately 20,000 sq m of gross leasable area and includes around 210 parking spaces. Located in the city centre, the building is multi-let and was around 96% occupied as of February 2026. The weighted average unexpired lease term stands at four years, with annualised gross rental income of approximately €3.98 million.
Keegan Viscius, CEO of CA Immo, said: “The successful sale of Sienna Center is a further step in the implementation of our strategic capital rotation programme. With this sale, we free up capital for alternative allocation options, and monetise future profits where only limited further value creation exists under our business model. The proceeds from sale may be used in a number of ways, including general corporate purposes, accretive investment in our prime portfolio, repayment of debt, buyback of shares, and external investment should attractive opportunities arise.”
The transaction reflects CA Immo’s strategy of concentrating on newer, large-scale office assets in central urban locations, while divesting properties that no longer align with its core portfolio criteria.
Greenberg Traurig and CBRE advised the seller on the transaction.
