The soon to be completed Chmielna 89 office building in Warsaw and Tischnera Office in Kraków are to be added to the portfolio of Globalworth, the leading office investor in Central and Eastern Europe. The office projects, both developed by Cavatina Holding S.A., will offer a total of approx. 60,000 sqm of leasable space.
Global real estate services firm Cushman & Wakefield has been managing Astoria Premium Offices in Warsaw since the beginning of September 2019.
Astoria Premium Offices is a building offering nearly 18,500 sq m of office space and approximately 1,000 sq m of retail space in the very heart of Warsaw. It is located at 2 Przeskok Street, in the Śródmieście district. The building has received the LEED certificate with a Platinum rating.
“The Astoria Premium Offices building boasts a sophisticated design with all the advantages of an unrivalled downtown location and one of the most desirable and iconic addresses in the centre of Warsaw. Its tenants include reputable Polish and international companies,” said Grzegorz Dyląg, Head of Business Space, Asset Services, Cushman & Wakefield.
Source: Cushman & Wakefield
Equiniti opens its first office in Poland. The high-tech company has just moved to Cavatina Holding’s Equal Business Park C in Krakow where it took up more than 2,350 sq m of office space. The company will create approximately 150 jobs in its new office. Equiniti was supported in its entry into the Polish market by Savills, which advised the tenant on the choice of the location.
The institution that promotes knowledge about South Korea has chosen the Nordic Park office building in Warsaw for the third time. The tenant has extended its 1,200 sqm lease contract for another five years.
Grupa Żywiec plans to move its Warsaw office to the city center. The company selected Wola, which is the most “beer-ish” of the city's districts. In autumn 2020, Grupa Żywiec will move to Browary Warszawskie.
There is growing interest in multi-functional projects on the market. The share of flex space, which is an interesting option for large tenants is also increasing.
Warsaw Brewery is becoming the Meeting and Flavors District. Echo Investment starts with playing well: Robert Lewandowski, the captain of the Polish national team and a striker of Bayern Munich, together with his associates will open an original restaurant in a historic Malthouse, that is the heart of this city quarter in Warsaw's Wola district. As early as in autumn 2020, they will invite Warsaw residents for breakfast, afternoon meetings and evening matches.
Azora Europa has sold two office projects located in Krakow, Green Office and Avatar, to Cromwell European Real Estate Investment Trust (CEREIT) for EUR 78.2 million. Savills advised the vendor on the disposal of both assets.
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