Echo’s new Warsaw office project gets its first green light

22
Jun
2017
News - Echo’s new Warsaw office project gets its first green light #development #Echo Investment #office #Poland #Warsaw

by Ákos Budai | Office

Echo Investment has been granted a permit for the construction of the first office building which is part of the Browary Warszawskie project in the quarter of Grzybowska, Wronia, Chłodna and Krochmalna streets.


The name of the building ‘Offices at the Gate’ refers to a nearby city square under the name of the Brewery Gate. All the names of the office buildings which will be developed within the area of Browary Warszawskie will be inspired by the history of the Haberbusch & Schiele brewery, which was established at this site over 170 years ago.
 
‘Offices at the Gate’is a building which will offer nearly 13,000 sqm of modern office space as well as 1,100 sqm of services. It will consist of two parts (11 and 7 floors) with a two-storey underground car park for 106 cars. The project also includes 82 parking spaces for bicycles. The work related to the construction of the office building is to be launched in July this year.

The work related to the partial construction of the city square under the name of the ‘Brewery Gate’ is to start at the same time. There will be more such public squares – other ones will be developed e.g. in the historical Brewhouse building as well as between residential buildings in the northern part of the plot (the so-called Breakfast Square). Residents, walkers, tourists and employees of the companies which will have their offices here will be able to use an open area of as many as 15,700 sqm, which will make it possible to freely walk around Browary Warszawskie all day and night. The project will also involve the development of new streets, including a completely new section of Krochmalna Street.



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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