HB Reavis tops out Warsaw office tower

30
Apr
2021
News - HB Reavis tops out Warsaw office tower #HB Reavis #office #Poland #Warsaw

by Property Forum | Office

HB Reavis has delivered the campus-style buildings of Forest, a project focused on incorporating natural elements and greenery into the urban scape of Poland's capital. Along with it, the company topped out the 120-metre-tall Forest tower.  


The completed buildings offer over 20,000 sq m of office space (which equals about one-third of the Louvre Museum in Paris), ground floor retail and restaurant opportunities. While still under construction, the adjacent tower has now reached its full height.  

When the entire project is complete in Q1 2022, its gross leasable area will be almost three times as much as it is now. Forest's design by HRA Architekci's will put an emphasis on biophilia and active design. A public courtyard filled with around 200 trees will be complemented by an energy-efficient facade with bronze-coloured panels inspired by tree bark. The rooftop entrances and plant pots will also be covered in a rust-like weathering steel that naturally changes shades over time.  
 
The roof features a community farm for urban gardening with the possibility to plant herbs and vegetables, relaxation zones and views of the landscaped surroundings. The design maximises resources to reduce Forest's carbon footprint, for example, by reusing rainwater to irrigate the plants. This approach has helped it become one of Poland's greenest offices, with BREEAM and BREEAM Communities certifications and WELL Precertification.  
 
DIY retailer Leroy Merlin has already taken 12,000 sq m in one of the city’s largest transactions of 2020. Private healthcare service Enel-med also recently announced its move into the development in addition to the opening of a new on-site medical centre.  



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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