40,000 sqm lease agreement signed for new Warsaw tower

28
Feb
2019
News - 40,000 sqm lease agreement signed for new Warsaw tower #Golub GetHouse #lease #office #Poland #Warsaw

by Property Forum | Office

mBank’s headquarters will be located in the tower of the Mennica Legacy Tower complex. The total office space at the complex developed by Golub GetHouse and Mennica Polska S.A. at the intersection of Prosta and Żelazna streets in Warsaw has thus been commercialized. The agreement signed by the bank and Mennica Legacy Tower investors is one of the largest transactions in the history of the office market in Poland.


Mennica Legacy Tower will house the new Warsaw headquarters of mBank. It will replace the existing locations, e.g. on Senatorska and Królewska streets. In total, over three thousand bank employees will work on over 40,000 sqm. The building will also house one of the flagship branches for customers.
 
mBank is the fourth largest bank in Poland in terms of balance-sheet total. It specializes in mobile banking. It was also the first online bank in Poland. It provides services to customers countrywide, as well as in the Czech Republic and Slovakia. Its headquarters is located in Warsaw. Retail banking is based in Łódź.
 
The 140-metre-high Tower with the neighboring 43-metre-high Western Building will offer a total of 65,630 sqm of modern office space. The project was designed by the renowned Chicago-based architecture firm Goettsch Partners, which decided to work with the well-established design consultants Epstein.
 
The entire project will be completed in line with the demanding requirements of the BREAAM international environmental certificate with an “Outstanding” rating. The entire complex will be open in autumn 2019.



New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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