WARSAW / DUBLIN – Leading aparthotel operator Staycity Group and international investment firm Solida Capital today announced a strategic partnership for the development of a new Staycity Aparthotel in Warsaw, marking Staycity’s entry into the Polish market.
The property, located in the vicinity of Warsaw CBD, was originally constructed as an office building in 2005 and is currently undergoing a redevelopment conversion. Upon completion in late 2026, the building will house a 268-key Staycity Aparthotel, offering a mix of self-catering studio and one-bedroom apartments. Guests will also benefit from a full range of amenities, including a café, gym, co-working space, and gastronomy services.
“As part of our expansion into new markets, Poland is a key target—currently the fifth-largest economy in Europe (by PPP) and significantly outperforming the broader European market, a trend that looks set to continue.
Solida was a natural partner for us, sharing a strategic vision and offering value creation across the full spectrum of asset management and investment. Their capabilities in real estate development and procurement and dedication to ESG complement our own strengths. Together, we aim to deliver well-balanced investment opportunities, underpinned by our strong covenant and brands, secured on long-term, sustainable rents,” commented Andrew Fowler, Chief Development Officer, Staycity Group.
Warsaw, with its dynamic economy and growing international profile, continues to strengthen its position as a leading destination in Central and Eastern Europe for both business and leisure travel. Major infrastructure projects, including the expansion of the metro and tram networks, are further enhancing the city’s attractiveness for investors, residents, and visitors alike.
“Our investment was driven by the conviction that sustainable urban regeneration can go hand-in-hand with strong financial performance. Partnering with Staycity allows us to reposition an underutilized asset into a high-quality aparthotel that meets the needs of Warsaw’s growing hospitality market while enhancing the vibrancy of this location. Thi
project reflects Solida Capital Group’s strategy of purposeful investment, where ESG considerations and long-term value creation are central to our approach. We are proud to support the city’s development and contribute to its continued international appeal. Staycity is an ideal partner for Solida, as we share a common vision for growth, market potential, and values that form the foundation of long-term business relationships. We look forward to building on this partnership to deliver exceptional hospitality experiences and lasting value for the communities we invest in.” said Joao Saracho, Managing Director, Solida Capital Europe.
About Staycity Group
Dublin-based Staycity Group was established in 2004 by CEO and co-founder Tom Walsh. The company now operates 6,300 aparthotel rooms in 39 aparthotels across 18 vibrant cities, appealing to both business and leisure travellers from across the globe.
The aparthotels operate under the Staycity Aparthotels and Wilde brands and feature studios, one-bed, two-bed and three-bed apartments sleeping up to seven people. The design-led apartments have fully equipped kitchens with plenty of space to cook, eat, work and relax. All properties have a 24-hour reception with most having a guest lounge, café, bar, laundry room, gym and parking.
Current locations across the Staycity and Wilde brands include Berlin, Birmingham, Bordeaux, Cambridge, Dresden, Dublin, Edinburgh, Frankfurt, Heidelberg, Leipzig, Lisbon, Liverpool, London, Manchester, Marseille, Paris, Venice and Vienna with many more exciting cities in the pipeline.
About Solida Capital Europe
Solida Capital Europe is an integral part of Solida Capital Group, an established asset management firm headquartered in Dubai. The Group is dedicated to creating long-term value through purposeful investments that align strong financial performance with sustainable urban regeneration.
In Central and Eastern Europe, Solida Capital Europe focuses on real estate investments and property development, supported by its in-house development team and offices in Warsaw, Poland, and Bucharest, Romania. With deep regional expertise and a robust track record across the most prominent real estate asset classes, the company seamlessly integrates asset management, investment management, and development functions to capture value across every stage of the project lifecycle.
Guided by a strategy that combines proprietary capital with partnerships alongside likeminded investors, Solida Capital Europe leverages both local market insight and a globally experienced team to identify and deliver high-quality opportunities.
