Adgar Poland buys PDT Wola in Warsaw

14
May
2021
News - Adgar Poland buys PDT Wola in Warsaw #Adgar #investment #office #Poland #Warsaw

by Property Forum | Investment

At the end of April 2021 Adgar Poland bought the building of PDT Wola. With an area of almost 10 thousand square meters, the structure is located in the middle of the historical Wola and for years has been one of the most important points on the architectural map of the district. Part of the building will be destined for the Brain Embassy – providing coworking space, offices, private spaces for companies, and conference and training rooms.


PDT Wola is the eleventh office building in Adgar Poland's commercial, Warsaw real estate portfolio. So far, the company has developed its presence mainly in the business area of Mokotów and Ochota districts. However, Adgar Poland’s offer will be soon expanded. The company is finishing the modernization of the Kwadrat Theatre's premises at Czackiego 15/17 street. PDT Wola will be the next post-war building that has a chance to become an important location on Warsaw's business map.

"Revitalisation of historical facilities, granting them a new character is a pronounced urban trend that fits with our understanding of responsibility and respect for the identity of a place. I am sure that our idea for future PDT Wola's functionality, just like with the building at Czackiego street, will give back their splendor. We want to keep their authenticity and transform them into vibrant places, showcasing the combination of the local color of the districts with inspiring modernity", said Monika Szelenberger, Head of Leasing & Asset Management in Adgar Poland.

PDT Wola will also be the newest localization of the Brain Embassy concept. It is an original project of modern coworking spaces, implemented in Adgar’s Poland buildings. The main mission of the Brain Embassy is to provide flexible solutions for companies, start-ups, freelancers, and small and medium-sized enterprises. In the Brain Embassy at PDT Wola, besides open space, tenants will have a chance to make use of the private offices, separate and specially arranged private spaces for larger companies. Old, as well as new clients, will also be able to arrange different meetings and events in modern training and conference rooms.

"The development of residential and business infrastructure, expansion of the M2 metro line, and reasonable plan for the district’s progress make Wola a very interesting place to work and live. Balanced development attracts a large group of people, aware of their needs, and desiring to accomplish their goals. We created the Brain Embassy especially for them. In PDT Wola, larger and smaller companies will have perfect conditions to unlock their business potential. Flexible forms of a lease, creating project teams, the possibility of increasing or reducing office space depending on current needs, and additional services based on our philosophy, allows tenants to focus on the most important aspects of their work and company development", said Monika Kaczmarczyk, Managing Director of Brain Embassy.

The PDT Wola building, located at 8/12 Młynarska street, is well known among the residents of Warsaw. The estate is an original project of respected architect Michał Przerwa Tetmajer, who from 1949 was involved in complex reconstruction of ruined, postwar Wola. From 1956 to 2005 PDT Wola served Warsaw residents as the Universal Warehouse Wola. In 2007 the facility gained an office and service character. The elevation was also restored while maintaining the style and characteristic reliefs of the outer panels of the attic.




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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