Alides Polska acquires its first investment in Warsaw

Alides Polska, subsidiary of Alides REIM, the Ghent (Belgium) based property developer and investor, acquired on December 22^nd a property with a total surface of 3 250 m2, located on a prime location in Warsaw's Wola district.

Following the previous purchases of the Imperial Shipyard site in 2017, together with Revive, and the Waterside office complex in Gdansk in 2021, it’s Alides' third investment in Poland. The purchase of the property in Warsaw at 53 Karolkowa Street is another step implementing the development strategy of the family-owned group, which focuses on acquiring top strategic locations with long-term potential, this in central cities both in Belgium, Poland and Luxembourg.

Alides enters Warsaw

"After Gdansk, the time has come for Warsaw", says CEO Rikkert Leeman. "We are starting our presence in the capital at Warsaw Wola. It is a medium-sized plot perfectly located near the city centre and the Rondo Daszyńskiego A-class office HUB. In short, as a first acquisition in the capital, the location fits perfectly with our business plans.", Leeman adds.

Alides intends to develop a brand new apartment building with 105 units on the purchased site, with service units on the ground floor and an underground car park. Great attention will also be paid to the green surroundings around the new development, which will be landscaped in accordance with the recently adopted local zoning plan

AAA location

The purchased property is located on Karolkowa Street, where the street ends at Solidarności Avenue. The area has excellent accessibility. Trams and buses are available in the immediate vicinity, and the Central Railway Station is approximately 16 minutes away by tram. The largest complex of A-class office buildings clustered around Daszyńskiego Roundabout and along Kasprzaka Street can be reached in a 15-minute walk. The multifunctional neighbourhood offers a wide range of services such as grocery shops, kindergarten, primary school, fitness club, health centre, restaurants, … . With the Warsaw Uprising Museum as an example, there is also no shortage of tourist attractions.

"We will start our activities in Warsaw with the development of a brand new residential project that will be built with particular attention to our core values of quality and sustainability.", Rikkert Leeman adds. "We plan to build a new residential building with 105 apartments that fits in perfectly with its surroundings and offers a valuable living space for future residents.”

Alides Polska acquired the property from Sono Development II Mako Investment with the support of law firm Sadkowski and Partners. The service was led by the law firm's partner Mariusz Kowolik and performed by Jacek Ziembiński with the support of the team: Barbara Hornowska and Dominika Kaczmarek. The purchase price will not be disclosed.

About Alides

Alides, a familial real estate actor and part of the Group Maes from Ghent founded in 1892, has been an established value in the real estate sector for generations. Thanks to its hybrid profile of investor and developer and with the focus on quality, sustainability, and innovation Alides realizes its expansion strategy on strong urban locations in Belgium, Luxembourg and Poland.

With its long-time experience in office and residential real estate, Alides wishes to perpetuate and reinforce its position as a reference real estate company. Thanks to a long-term vision, a customer-based approach, and turn-key solutions, Alides is realizing its mission as “your partner in real estate”. Alides’ private real estate portfolio is valued over 600 million € and its development pipeline represents a future turnover of more than 800 million €.