C&W rebrands Warsaw office building for Union Investment

12
Mar
2020
News - C&W rebrands Warsaw office building for Union Investment #Cushman&Wakefield #office #Poland #rebranding #refurbishment #Union Investment #Warsaw

by Property Forum | Office

Horizon (formerly Horizon Plaza), a Class A office complex in Warsaw’s Mokotów-Służewiec district, is going through an overall rebranding process conducted by global real estate services firm Cushman & Wakefield. Union Investment, the property owner, decided to rename the office building, redesign its visual identity and landscape, introduce a new signage system in common areas and launch a new showroom. In spring 2020, more greenery, new tenant amenities and landscape elements will be added in the areas around and near the building.


The Warsaw office market is growing at an exponential rate, with new projects emerging on the map of the Polish capital, investors stepping up activity, and tenants increasing their requirements with respect to property owners and managers. The ever stronger competition is forcing the owners of older buildings to make changes and adapt to current standards.

“The preparation of a new visual identity concept and rebranding strategy for Horizon was a multiphase and complex process. We began our work with an in-depth analysis of the needs of the building’s tenants, its potential, location, surroundings, and previous identity. Relying on the data collected and integrated real estate marketing, I prepared a consistent marketing strategy to reposition Horizon on the Warsaw office market. The planned changes, including the re-landscaping, will significantly improve the perception of the building by potential tenants, as well as the work environment and user comfort. Another argument in favour of the strategy is that tenants are being increasingly driven to relocate to Mokotów-Służewiec, which has been recently going through a metamorphosis: from a typical business district into a vibrant place for spending leisure time,” said Małgorzata Frąckiewicz, Property Marketing Manager, Office Agency, Cushman & Wakefield.

As part of the first marketing phase of the rebranding process, Horizon Plaza was renamed, given a new logo and a suite of leasing materials such as brochures and presentations. Now, it is being revamped to deliver a fresh interior and look. Its common areas, garages and outdoor areas will be provided with new signage elements. The showroom arranged to present to prospective tenants all fit-out options for a typical floorplate was relocated from the tenth to the fourth floor and fully remodelled. During the next stage, public spaces around the building will be redesigned to provide a lot more greenery and landscape elements. The effects of all this work will be seen in the summer of 2020.




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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