CPI Property Group acquires another Warsaw office building

30
Jan
2020
News - CPI Property Group acquires another Warsaw office building #CPI #investment #office #Poland #Warsaw

by Property Forum | Investment

CPI Property Group announced the acquisition of the Green Corner A office building in Warsaw.  The property was acquired from DWS Group, one of the world's largest asset managers and a significant investor in commercial real estate in the CEE region.


Located in Warsaw’s central business district, Green Corner A is a modern, LEED Platinum certified, Class A3 office building spanning 14,860 square metres of leasable area over seven floors. Green Corner A was completed in 2012 and is nearly 100% occupied by strong local and international tenants such as PKO Bank Polski Group and Grant Thornton.

“Green Corner A is an important addition to CPIPG’s office portfolio in Warsaw,” said Barbara Topolska, Country Manager for CPIPG in Poland. “We will continue to pursue similar acquisitions in central locations with great tenants, high occupancy, steady rental income and strong green credentials.”




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New leases

  • XXS GYM has signed a lease for over 850 sqm of space in the modern O3 Business Campus office complex, located on Opolska Street in the northern part of Cracow.
  • Alior Bank has extended its lease at Ocean Office Park B in Kraków to accommodate its Private Banking Department. The deal, supported by brokerage firm CBRE, marks the final stage of a two-year consolidation of the bank's Kraków operations. Following the expansion, the bank occupies approximately 7,000 sqm within the Cavatina Group-owned complex.
  • TriGranit has finalized a lease extension with Mondelez Europe Services to remain in the Signum Work Station building through 2032. Facilitated by broker CBRE, the agreement secures nearly 4,000 sqm of office surface for the global snacks group member within Warsaw’s Mokotów district.

New appointments

  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.


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