Information from the office market

Sky Office Center with Excellent rating of BREEAM In-Use certificate

Another BREEAM In-Use certificate award for Warsaw's Sky Office Center office building. The building received an Excellent rating for the sustainable solutions and building management used in the facility. High distinction for one of Warsaw's office buildings. Sky Office Center has received BREEAM In-Use certification thanks to, among other things, the special sustainable solutions used in the building, as well as the building management system. As a whole, the Sky Office Center building received an Excellent rating. Sky Office Center is a Warsaw office building located on Rzymowskiego and Modzelewskiego streets. Its leasable area is about 4,700 sqm, and its height reaches six stories. An underground parking lot for cars is available to tenants. The building's advantage is also its attractive, well-connected location. Compared to other buildings, Sky Office Center is also distinguished by its interesting, distinctive architecture with a glass, wavy facade.

The Park Kraków complex with financing from PKO BP

The modern office development The Park Krakow, under construction on Saska Street, has obtained financing from PKO BP bank. The transaction amounted to 36 million euros. Good news for The Park Kraków office building. Developer White Star Real Estate and investor Cain International have just obtained investment financing provided by PKO BP. The bank has provided a €36 million investment and construction loan for the modern Krakow facility. The Park Krakow complex is a modern office building under construction in the Podgórze district. Ultimately, it will include eight buildings. The total leasable area will reach as much as 100,000 sqm. The first of the buildings is expected to be ready as early as the second quarter of this year and will provide the local market with about 12,500 sqm of space. Tenants will be provided with underground parking spaces, electric vehicle charging stations and bicycle infrastructure. There will also be green areas around the building with special relaxation and activity zones.

Deutsche Bank headquarters to stay in Warsaw's Focus for a while longer

Deutsche Bank Polska has decided to extend its lease in one of Warsaw's office buildings, Focus. The bank's employees have remained in their current workplace since 2001. A permanent tenant in Warsaw's Focus office building has decided to extend its lease agreement for work space. Deutsche Bank Polska has been present in the building since 2001 and has just extended the lease agreement for its existing space. The long-standing attachment of the company's employees and clients to its existing headquarters, as well as access to high-end office space and many amenities, contributed to this step. Focus is a Warsaw office building located on Armii Ludowej Street. It provides about 34,000 sqm of workspace to the local market and climbs 12 stories in height. In addition to office space, the building also offers space for retail and service establishments. Tenants are provided with above- and underground parking spaces and bicycle facilities. Also present in the building is an interior atrium connected to a winter garden. What also sets the building apart from other office buildings in the city is its unique architecture and cube shape.

CMS law firm a tenant of Varso Tower

The Varso Tower skyscraper will become the headquarters for the CMS law firm, whose office will be the first in Poland to be subject to WELL Building Standard certification. The tenant's new location will occupy about 7,000 sqm of space. The Varso Tower building has gained a new tenant. The CMS law firm will move into the skyscraper in late 2022/early 2023. The company's new headquarters will occupy about 7,000 sqm of office space spread over five floors of the building. What's more, the CMS law firm space will be the first in Poland to apply for WELL Building Standard certification. Varso Tower is the tallest building in the European Union, reaching up to 310 meters in height. It was located in Warsaw on Chmielna Street and is part of the Varso Place complex. In addition to modern floor space, it offers tenants many amenities, such as underground parking for cars, infrastructure for cyclists and viewing terraces. The building has also been awarded WELL Core & Shell and BREEAM certification, where it received an Outstanding rating.

Nowogrodzka Square office building sold

The Nowogrodzka Square office building has found a new owner. Yareal has signed a contract for the sale of the building with a French fund owned by Amundi Real Estate. More changes on the Warsaw office market. The modern class A office building Nowogrodzka Square has been sold. The previous owner of the building was Yareal, for which it was a flagship investment. The building went into the hands of a French fund managed by Amundi Rel Estate. Nowogrodzka Square is a modern Class A office building that provides approximately 11,000 sqm of workspace, which is spread over 7 floors. It was put into operation in 2018. The first floor of the building includes retail and service units. On the highest floor of the building there is a terrace with an exceptional view of the Warsaw skyline. In addition, there are underground parking spaces for 140 cars, charging stations for electric vehicles and extensive bicycle infrastructure available to tenants. The building has been awarded a BREEAM certificate at the Excellent level.

Commercialization of X20 office building at 90 percent

Warsaw's X20 office building continues to attract new tenants. Recently signed leases have made the building already 90 percent leased. The X20 office building is doing a great job of commercializing its office space. The recently signed lease agreement with logistics company Linktis and the expansion of the workspace by almost 200 sqm of the company Polski Standard Płatności BLIK have made the building already 90 percent leased. In addition to them, many other forms have recently moved into the office building, such as Inpost, Universal Music Polska and B2RLaw, for example. The X20 office building is a Warsaw building located on Czerniakowska Street, completed in 2020. It provides the local market with about 16,000 sqm of leasable space, which is currently almost fully leased. The building's users have underground parking spaces for cars, and the first floor of the building houses a Lidl grocery store and a Rossmann cosmetics drugstore.

A loan has been obtained to refinance the Tischner Office development in Krakow

Cavatina Holding S.A. has obtained a €50 million investment loan to refinance the Tischner Office project. Support for the Krakow office building was provided by the bank Norddeutsche Landesbank - Girozentrale. German bank Norddeutsche Landesbank - Girozentrale has granted an investment loan to Cavatina Holding S.A.. The transaction amounted to 50 million euros and will be used to refinance the Tischner Office project in Krakow. Part of the loan (34.25 million euros) will be used to repay a loan from Alior Bank. The remaining amount will support Cavatina Holding S.A.'s ongoing operations. Tischnera Office is a Krakow office building located at Zakopiańska and Tischnera streets. The building is distinguished from other buildings by multiple green areas, such as a patio and numerous terraces. It offers tenants about 34,000 sqm of space, and the building has 10 floors. In addition, parking spaces and bicycle facilities are at their disposal.

Gdansk Officina headquarters for new IT tenant

The Officyna office building has gained a new tenant from the IT industry - the international company Avenga. The company's employees will move into the building in the second quarter of 2022. Avenga, a company operating on the global IT market for 20 years, has decided to open its new office in Gdansk. It has chosen the modern Officyna office building as its headquarters, where it will occupy almost 250 sqm of working space. The lease agreement covers a period of 5 years, and the company's employees will move into their new office as early as the second quarter of 2022. The Officyna office building is part of a complex of two buildings located in Gdansk on Grunwaldzka Street. In total, the entire facility provides about 12,300 sqm of leasable space to the local market. The office building boasts a Platinum rating in LEED certification. In addition, tenants have above- and underground parking spaces and extensive bicycle infrastructure at their disposal. APA Wojciechowski Architekci studio is responsible for the architectural design of the building.

Modernization of Warsaw's Marynarska Point I office building

Changes are afoot at Warsaw's Marynarska Point I office building. The common areas of the office building will be modernized, and the whole will be complemented by illuminated facades. The Marynarska Point I office building will undergo significant changes. The modernization of the building's common areas is already scheduled for the first quarter of this year. These will include a reception area on the first floor and elevator lobbies on each floor. When the renovation work is completed, an illuminated visualization will be installed on the façade, which is a project by international architecture studio Arch. Marynarska Point I is a Warsaw office building with 11 floors above ground. It has about 11,400 sqm of office space available. In addition, the building also includes retail and service units and tenant amenities in the form of above-ground and underground parking spaces. The building has been awarded a BREEAM certificate at the Excellent level.

First building of Quorum complex in Wroclaw almost ready

The first phase of Wroclaw's Quorum development is in the final stages of completion. The Quorum D office building will be ready in the second quarter of 2022. The second quarter of 2022 will bring a significant change to the Wrocław office market. Work on the first building of the Quorum complex, which will ultimately be a complex of five multifunctional buildings, is expected to be completed by then. The final finishing and installation work is already underway at the Quorum D office building, a glass facade is being created and the historic brick facade is being renovated. Quorum D is part of a larger Wroclaw development, which involves the creation of a complex of five buildings with mixed-use space. The Quorum D office building will provide more than 16,000 sqm of Class A office space to the local market. The human and nature-friendly solutions used in the building will allow Cavatina Holding to apply for a BREEAM certificate at the Excellent level. In addition to work space, tenants will have a number of amenities at their disposal, such as parking for nearly 300 cars and a green patio inside the building.