2016 – A Golden Year for ZŁOTA 44

One of the tallest and most luxurious residential towers in Europe has entered the key stage of completion. Over the course of 2016, the investors of ZŁOTA 44 – Amstar and BBI Development S.A. – will be finishing construction on the building and conducting a sales campaign in Poland and select international markets. The key events of the upcoming year include unveiling the building’s entrance lobby, which was designed by world-renowned architect Daniel Libeskind, completing the world-class amenity floor and handing over the first apartments to residents at the end of 2016.

A detailed concept of the luxurious entrance lobby will be presented at the beginning of 2016. The impressive 6-meter high space represents the finale of Daniel Libeskind’s work on the project, which aims to link the building with the surrounding urban structure and community. The ground floor of the building will also feature the residents’ wine cellar with tasting room and nearly 1,000 square meters of premier commercial space.

Multiple award winning tower with the highest level of luxury in Poland

As the premier residence in Poland, ZŁOTA 44 provides residents with an unmatched living experience with comfort and convenience that is unique across Central and Easter Europe. This is evident by the results of the 2015 International Property Awards – one of the world’s most prestigious property awards – in which ZŁOTA 44 recently won the top awards in three distinguished categories: Best Residential Development, Best Apartment, and Best Interior Design Show Home. ZŁOTA 44 also previously won the same awards in the Poland category, making it the first Polish project to win three awards in both the Poland category and Europe category.

More than 70 residential experts from around the world judged the contest, and the awards are evidence that ZŁOTA 44 has truly differentiated itself from its competition. The building’s unique features include its avant-garde design and iconic architecture, its world-class amenities and services, the elegant interior designs and spectacular views, and innovative energy-efficient solutions that will benefit residents. – No other building in Poland provides such an abundance of amenities of such exceptional quality and such a range of apartment interior design variants. To us, it is very important to understand each client’s individual needs and to satisfy them in a way that makes purchasing an apartment at ZŁOTA 44 a source of pleasure, just like buying a luxury car or yacht. – said Rafał Szczepański, Vice President of BBI Development S.A.

A healthy and active lifestyle

In mid-2016, BBI Development S.A. and Amstar will also deliver the 1,400 square meter amenities and leisure area on the building’s 8th floor, which will accommodate a healthy lifestyle and relaxation. With such an exceptional space just outside their doorstep, residents and their guests will have exclusive daily access to five-star amenities including a 25 meter swimming pool – the largest private swimming pool in Poland, a fully equipped gym, massage rooms, Finnish sauna, steam bath, and cinema with a golf simulator. The amenities floor will be complete with a spacious terrace equipped with a Jacuzzi and sun deck with lounge chairs. For ZŁOTA 44, the amenities and leisure space are not just an addition but a fundamental element of the design that represents the lifestyle chosen by the building’s residents.

BBI Development S.A. and Amstar provide the ZŁOTA 44 residents an offer that does not exist elsewhere in the Polish market, providing a unique lifestyle and greater freedom of choice. Advanced work is currently taking place to deliver three new show apartments to supplement the existing three show apartments on the 50th floor. The new show apartments will present the available fit-out packages created by the acclaimed design studio Woods Bagot, which provides prospective buyers with nine different interior options to create an individual apartment character suiting their preferences. The fit-out packages comes in three variants – Standard, Premium, and Deluxe – and each variant comes in three different color schemes.

A profitable investment

In addition to purchasing a luxurious apartment in the top location in Poland, owners of ZŁOTA 44 apartments also benefit from an excellent investment opportunity. The current average rental yield for high quality apartments in Warsaw is approximately 7.5%. The capital city of Poland differs considerably in this respect from other European cities, such as London (2%–5.5%), Paris (3%–4%), Berlin (3%–4%), or Budapest (6%–7%). – These attractive yields have captured the attention of both Polish buyers and international buyers. Since launching our international sales campaign, we have seen considerable interest from foreign buyers looking for stable income returns with long-term capital appreciation. We anticipate that up to 30% of our clients will be from abroad. – said Jeffrey Stonger, Senior Vice President of Amstar.
The international sales campaign was launched in November 2015 and a high profile event, with Daniel Libeskind in attendance, was held at ZŁOTA 44. ZŁOTA 44 will also have a large presence at the March 2016 MIPIM trade show in Cannes, which will focus on residential investments this year.

For detailed information, the media should contact:
Tomasz Andryszczyk, Primo Corporate Advisory
Phone: 501 070 377