Adgar to expand the Adgar Plaza complex in Warsaw

23
Nov
2022
News - Adgar to expand the Adgar Plaza complex in Warsaw #Adgar #office #Poland #Warsaw

by Property Forum | Office

After its August acquisition of the Renaissance Tower office building in Warsaw's Wola district, the company has increased its holdings in the business district of Służewiec. Another office building will be constructed on a plot of nearly 7,000 sqm, located at 10 Marynarska Street, in the immediate vicinity of the existing Adgar Plaza complex.


The previous owner of the plot at 10 Marynarska Street was Pekao S.A. bank. According to Adgar Poland's plans, a new office building will be built there, significantly expanding the developer's offer in this part of Warsaw. The plot is adjacent to a complex of three office buildings (with a total area of 39,000 sqm) already owned by the company: Adgar Plaza A and B and Adgar Plaza One.

"The development prospects for Służewiec are very promising, and the completed road and transportation investments have significantly enhanced its business and residential potential. The synergy of these two urban functions, characteristic of modern and well-managed agglomerations, is crucial in our investment decisions.For the role of Adgar Poland is not limited to providing comfortable, friendly and flexible working conditions in the company's office buildings. We also take care of the multifunctional aspect of our buildings, so that the local community can benefit from many non-office services in them. The presence of nurseries, kindergartens, stores, cafes, restaurants or fitness clubs in our properties allows us to create a space that is vibrant even after office hours, and additionally fits in with the trend of so-called "15-minute cities","  says Michael Mevorach, Country Manager, Adgar Poland. In addition to the property at 10 Marynarska Street, Adgar Poland has also recently purchased a smaller plot of land (750 sqm), located between the new development and Adgar Plaza One. The purchase of the plot consolidates the available space and will enable the functional and visual coherence of the entire Adgar Plaza complex.

The office building to be constructed at 10 Marynarska Street will be the fourteenth in the company's portfolio of Warsaw properties. Their total area as of today is 140,000 sqm.




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  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

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  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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