CA Immo starts renovation of Saski Crescent in Warsaw

23
Feb
2023
News - CA Immo starts renovation of Saski Crescent in Warsaw #CA Immo #ESG #office #Poland #renovation #Warsaw

by Property Forum | Office

The Saski Crescent office building, located in Warsaw, at the intersection of Marszłakowska and Królewska streets, will offer more than 15,000 sqm of office space after renovation. The procedure will be completed in 2024. 


"Successively increasing the energy efficiency of the building stock is one of the biggest challenges for the real estate sector. With the planned renovation of Saski Crescent, we will be able to offer the Warsaw office market a completely new and attractive product, while at the same time taking another step towards achieving CA Immo's climate targets. The boutique character of the building, its prestigious location, the surrounding greenery and proximity to the park, convenient connections to Warsaw's public transportation network, and the green solutions for optimised energy efficiency, which also enable savings in operating costs, are unique assets of this project. In addition, the new Saski Crescent will offer attractive common areas that tenants can use for less formal meetings and exchanges. In this modernization project, we are focusing on those elements that bring the greatest benefit to both our tenants and the environment", said Andrzej Mikołajczyk, Managing Director at CA Immo in Poland

In line with CA Immo’s strategic focus on Class A, green office buildings, the modernization of Saski Crescent aims at both people’s comfort and functionalities supporting environmentally and climate-friendly building operations. Modernized systems like a digital Building Management System (BMS), Smart Meters and new technological solutions for optimal ventilation quality, overall thermal comfort and energy-efficient lighting are expected to lead to a significant increase in building energy efficiency and tenant comfort. The renovation process is designed to lead to a 30% reduction in Primary Energy Demand (PED) of the building, resulting in energy consumption which is 40% below the European average specified by the ESG Index (index-esg.com). The planned reduction in PED is in line with the Technical Screening Criteria for renovation of existing buildings as defined by the EU Taxonomy Regulation.

Like all CA Immo properties in Poland, Saski Crescent is 100% powered by renewable electricity. On-site renewable energy will be additionally generated through the installation of photovoltaic panels on the roof.

In addition, CA Immo will implement a new, functional design for the common areas of the building. With the building's users in mind, CA Immo will introduce new services like a small gym, as well as facilities for cyclists and electric car users. Saski Crescent will be certified according to BREEAM (Excellent level) and WELL Core & Shell standards. By using intelligent digital solutions that support efficient use of the building, CA Immo is also aiming for WiredScore certification. In the next step, the neighbouring Saski Point office building will also be converted in a similar way.




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  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.


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