Deltamarin, a Finish consulting and design office for the marine industry, is relocating to a new, larger 1,000 sq m office in building B2 of BCB Business Park in Gdańsk. The tenant was represented by global real estate services firm Cushman & Wakefield.
Deltamarin provides services for marine and offshore companies, including shipyards, ship equipment suppliers, ship owners, marine suppliers and oil concerns. It has over 25 years of experience in marine engineering, ship design and specialist tooling solutions. In addition to Poland, Deltamarin is also present in China, Croatia and Finland.
“After more than six years of using several office spaces in building B1 we decided to move to the recently-completed building B2. As the new office occupies the entire lower wing of the building, we have finally accommodated all our employees in one space. We also have a more user-friendly and tailor-made work environment in the same location, which our employees have already become accustomed to,” says Jadwiga Sztelwander-Zięba, General Manager, Deltamarin Poland.
“Cushman & Wakefield was engaged as an advisor to Deltamarin during their search for office space. Our team was responsible for the selection of the new location in Gdańsk and participated in negotiations of lease conditions with the property’s owner. We are seeing a growing interest among international companies in the area near Gdańsk Airport, which is evidence of the increasing significance of Tricity as a long-term business location,” says Daria Zagożdżon-Dembicka, Negotiator, Office Agency, Cushman & Wakefield.
BCB Business Park is a business centre in Gdańsk-Rębiechowo, in the immediate neighbourhood of Lech Wałęsa Airport, within an approximately 20-minute drive from the city centre. At full build out, the project will offer approximately 50,000 sq m of class A office space. Building B2 is the second of the five planned buildings of the complex. It was completed in 2017 and offers more than 9,000 sq m of office space.
Source: Cushman & Wakefield
The Spark C office building in Warsaw was the first in Poland to obtain the demanding WELL Core & Shell Certification. This means that the building met a number of strict criteria related to health, well-being and comfort of work. The certificate was granted by the International WELL Building Institute (IWBI). In addition, the Skanska Group’s office located in Spark C obtained the LEED Commercial Interior certification at the highest platinum level. Thus, this innovative office building can already boast of five of the most important multi-criteria building assessment certificates on the market.
Vincent Vallois MRICS, Co-Founder of Online Real Assets – CEE Partner of Spaceflow tenant experience application – sees the market from a new perspective. Online Real Assets has just launched Spaceflow in Hungary and they see great potential and momentum for a space-as-service transition of the commercial real estate market.
Harbingers, a company offering e-marketing solutions, is moving to the Mosiężnicza 3 office building in Kraków. Leasing nearly 300 sqm it is going to occupy the entire floor. In the process of searching for the right premises and during negotiations it was advised by Knight Frank.
Another excellent year for the investment market, record office lease transactions in Warsaw and the burgeoning growth of alternative asset classes - these are some of the Polish commercial property market highlights of 2019. Real estate advisory firm Savills forecasts that next year the market’s performance will depend on the health of the global economy, and key developments will include the completion of spectacular office towers and mixed-use projects.
ManpowerGroup, a global HR consultancy, has leased 1,200 sq m of office space in Olivia Gate in Gdansk. The tenant was represented by global real estate services firm Cushman & Wakefield.
ManpowerGroup is the leader in HR solutions. It has operated in Poland since 2001 and has built a presence in 40 locations across the country. ManpowerGroup will focus on the growth of its Manpower and Experis brands in the new location, which will also be home to an international team delivering RPO (Recruitment Process Outsourcing) solutions. It provides services in contingent staffing and permanent recruitment, personnel consulting and career management. ManpowerGroup’s brand portfolio includes ManpowerGroup Solutions, Manpower, Experis and Proservia.
“The relocation of our offices in Tricity is our response to the growing needs to accommodate our growth. As we are a recruitment partner for multiple cutting-edge organisations, an attractive office serves an additional function - it helps reinforce our image as a dynamic and reliable partner for both our clients and job applicants,” says Tomasz Walenczak, Manpower Brand Director. “A multifunctional space in a convenient location also translates into a more comfortable work environment. Modern interior design items help us respond to diverse employee needs and meet their workplace expectations,” adds Tomasz Walenczak.
“Olivia prides itself on its community - a unique group of companies and people. Not only do they work in buildings located next to one another, but they also build business-to-business relations and engage in joint projects, sports leagues, a joint sailing club and hundreds of similar charitable, business and activity-related initiatives. In Olivia Business Centre we are united by our passion and this motto best reflects the relations we do our best to build at the site. Manpower superbly complements our community as they are an HR company and a very important service provider for other Olivia residents,” says Maciej Kotarski, Leasing Director, Olivia Business Centre.
“Cushman & Wakefield’s team was responsible for securing a new office location in Tricity for ManpowerGroup. The integration of both local and global brands of the company posed many challenges, but we are pleased that we fulfilled all the requirements of our client and guaranteed business continuity of all the teams. The continued presence of ManpowerGroup in Gdansk for years to come is confirmation that the Tricity labour market still has a lot to offer,” said Katarzyna Ciszewska, Junior Negotiator, Office Agency, Cushman & Wakefield.
Olivia Gate is part of Olivia Business Centre, the largest office complex in northern Poland, located at 472 Grunwaldzka Avenue. It offers more than 17,000 sq m of office space spread over seven floors, and a two-level underground car park with 365 parking spaces.
Source: Cushman & Wakefield
Patrizia Immobilien AG has sold Feniks office building located in Warsaw to South Korean Investor via Warburg-HIH Invest Real Estate. Savills advised the buyer in the transaction.
Wide-ranging Outlook 2020 report uncovers the issues facing investors and occupiers
From retail survival and sustainability investment through to the impact of automation and major political and economic change, Cushman & Wakefield’s new EMEA insight report explores the major themes the commercial real estate industry needs front of mind next year.
The Outlook 2020 report contains 11 chapters examining the major challenges and opportunities confronting the commercial real estate industry across the region.
Colin Wilson, Chief Executive Officer, EMEA, at Cushman & Wakefield, said: “Real estate isn’t immune to external factors, but it is the driver of its own destiny in many ways. It is as important to understand what demographics mean for the future of real estate and how a changing society fundamentally challenges the status quo as it is to understand absorption or yields.”
Katarzyna Lipka-Nawrocka, Manager of the Consulting and Research team in Cushman & Wakefield Poland, said: “The report outlines a number of interesting themes and trends which are becoming increasingly notable on the Polish real estate market as well. Changing demographics, new technologies, environmental protection and sustainable growth are just a handful of factors shaping the future of all sectors going forward. That’s why it is so important for both real estate investors and occupiers to understand the long-term impact of these issues and to reformulate their respective strategies.”
Key themes in the report include:
Service isn’t a choice, it’s a necessity that all investors in all sectors are having to rethink.
Andrew Phipps, Head of EMEA Research & Insight at Cushman & Wakefield, points out that technology fuels a shift in the use of physical space. “As space and technology become more entwined, we are seeing an increase in the amount of services people can use in a set space,“ he said. “With people requiring an ever-increasing level of flexibility in their everyday lives, they expect products and services to be provided on demand. Occupiers and landlords will need to adapt to those expectations to future-proof their businesses.”
Pay lip service to sustainability at your peril. Investors that don't act risk impacting value.
Phipps said: “People are leading the green revolution and ‘forcing’ businesses to make a change. Investors will further encourage market practices to integrate sustainability requirements into their decisions. From a real estate perspective, climate change will affect valuation, leasing and investment markets. An eventual downward repricing of higher-risk assets will be the market’s way of redirecting capital to locations and assets less exposed to climate risk.”
Formats will continue to shift as retailers demand more from investors.
“Retailers need an even deeper understanding of consumers’ behaviour and what drives their decision-making to provide them with the products, services and experiences they want to buy. This requires investment,” said Phipps.
The current retail revolution is not the first significant change that the sector has experienced as shopping centres and out-of-town supermarkets also fundamentally changed the way consumers shopped. This latest structural change increases the efficiency of retailing and provides greater choice for consumers in terms of when, where and how they shop.
Living formats will evolve with an increasing demand for inclusive, carefully curated communities where retirement and starters live side by side.
“Older generations could profit from new concepts created by and for the younger generation, such as intergenerational living or co-locating,” said Phipps. “The sharing economy could evolve into the idea of shared living, bringing heterogenous consumer bases together.”
Productivity measurement will become an increasing influence in the workplace as technology helps to shine a spotlight on performance.
Data collection on how office spaces are being used is nothing new, but Internet of Things technologies are transforming the visibility of operations and the knowledge that can be derived. This insight into the performance of buildings and workspaces enables inefficiencies to be tracked and understood, building expenses to be reduced and a better, more productive environment for occupiers to be created.
Source: Cushman & Wakefield
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