Martley Capital sales in Warsaw

Martley Capital has finalised the sale of Mazovia Plaza, an office building located in the heart of Praga Północ – an increasingly attractive district for real estate investment in Warsaw.

Eurobuild

25 March 2025

Martley Capital has finalized the sale of Mazovia Plaza, an office building located in the heart of Praga Północ – an increasingly attractive district for real estate investment in Warsaw.

Mazovia Plaza was built in the 1950s as a hotel. In 2000, the building was fully renovated and adapted as a modern office building with period features. The asset comprises of 4,500 sqm of office space over eight floors. The tenants benefit from close proximity to excellent public transport links, with tram and bus stops nearby. At the time of sale, the building was fully leased.

“The sale of Mazovia Plaza is a positive example of investors’ interest in well managed, centrally located, smaller office assets. Mazovia Plaza benefited from active asset management initiatives, where over the holding period, we managed to institutionalize the lease agreements and lease the space to stable and low risk tenants. The asset was acquired by a domestic investor, showing growing share of Polish investors in commercial real estate. As we move forward, we anticipate growing investors interest in well located smaller office buildings, both in Warsaw and top regional cities.” Jan Plocinski, head of Poland at Martley Capital

Avison Young represented Martley Capital on the sell side and DLP Duch/Lisicki & Partners acted as legal advisors.

Martley Capital was launched in December 2023 and has over 35 staff, five offices across the UK and Europe and circa GBP 900 mln in assets under management across 22 mandates. To read the full article click here.