Commerz Real leases 12,000 sqm to Warsaw’s Municipal Office

22
Jul
2021
News - Commerz Real leases 12,000 sqm to Warsaw’s Municipal Office #Commerz Real #lease #office #Poland #Warsaw

by Property Forum | Office

Warsaw’s Municipal Office has leased 12,000 square metres in the recently completed Widok Towers in Warsaw. The Technical City Hall will occupy ten of the total of 28 stories in the future. The high-rise complex, which was developed by Austria’s S+B Gruppe, has been owned by the Commerz Real open-ended real estate fund hausInvest since 2014.


“In concluding this lease agreement, Widok Towers is underlining its significance as an outstanding landmark building in the heart of the Polish capital,” says Mario Schüttauf, a fund manager for hausInvest. The 95-metre-high ensemble is located directly in downtown Warsaw at a rotunda junction formed by the Al. Jerozolimskie and ul. Marszałkowska roads, directly opposite Centrum metro station. The leasable area of approx. 34,800 square metres is essentially subdivided into about 28,900 square metres for offices, about 3,600 square metres on the first floor, the ground floor and the first basement level for retail outlets and gastronomy, as well as about 1,800 square metres of storage space. In addition to a prestigious 15-metre-high lobby with a contact-free access control system, the complex has several – in part greened – patios, 130 car parking spaces and a large number of bicycle stands, as well as the corresponding changing rooms, lockers and showers.

Commerz Real and S+B Gruppe are aspiring to certification for Widok Towers to the international sustainability certificate LEED (Leadership in Energy and Environmental Design) in Platinum, the highest category.




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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