Walter Herz and Syrena Invest complete another land transaction in Warsaw

Walter Herz, working with Syrena Invest, has completed another land acquisition for a residential development in Warsaw. The latest transaction concerns a site on Głębocka Street in the Białołęka district, where a project consisting of 79 apartments and an underground garage is planned. The scheme will offer around 4,300 sqm of usable floor area. This deal follows an earlier acquisition for Syrena Invest at 29 Siennicka Street.

“We value Walter Herz’s advisory services and comprehensive support in investment processes, which often require a high pace of action, strong commitment, and the ability to develop effective solutions at various stages. Another transaction in Warsaw confirms that together we are able to successfully identify and close valuable opportunities in the residential segment,” said Marianelly Hernandez Reyna, General Director at Syrena Invest.

Walter Herz advised throughout the acquisition, including analysis, project preparation, negotiations and completion of the transaction. The team’s responsibilities included evaluating the investment potential and structuring conditions acceptable to both sides.

“This was a demanding, multi-stage transaction, successfully completed thanks to thorough analysis, consistency in negotiations, and a cooperative partnership between the parties. The obtained building permit increases the project’s value and allows for faster implementation of the investment,” said Damian Karkosiński from Walter Herz. “Following the successful land transaction at 29 Siennicka Street, this is another joint project that confirms the quality of our business relationship. We are very pleased to continue our cooperation with Syrena Invest and are glad to support the development of their project portfolio in the Warsaw residential market, where Białołęka remains one of the most promising locations,” he added.

Syrena Invest has operated in the Warsaw property market since 2007, focusing on residential and commercial development as well as investor support. Its portfolio includes completed projects on Jaktorowska Street, within Miasteczko Wilanów, on Mińska Street in Praga-Południe, on Klukowska Street in Targówek, and on Racławicka Street in Mokotów, along with the ongoing project at Siennicka Street in Grochów. The company is a member of the Polish Association of Developers and the Polish-Spanish Chamber of Commerce.