JLL and CPI begin cooperation on 320,000 sqm of Polish offices

22
Sep
2021
News - JLL and CPI begin cooperation on 320,000 sqm of Polish offices #CPI #JLL #office #Poland #property management #Warsaw

by Property Forum | Office

CPI Property Group signed framework agreements with advisory company JLL for comprehensive project management services in 13 office buildings in Warsaw. The total GLA that the cooperation encompasses is approximately 320,000 sqm. The JLL Project & Development Services team will be responsible for the implementation.


As part of the agreement, JLL experts will provide fit-out project management services - from negotiations with both prospective and current tenants to the delivery of fully furnished and equipped offices. The company will also recommend works contractors, control costs and oversee the project in all areas. Framework agreements between CPI and JLL encompass Warsaw office properties: Atrium Centrum, Atrium Plaza, Central Tower, Concept Tower, Equator I, Equator II, Equator IV, EUROCENTRUM, Green Corner, Moniuszki Tower, Oxford Tower, Prosta 69 and Warsaw Financial Center.

"CPI, in terms of GLA, is the largest office property portfolio owner in Warsaw. It is all the more gratifying that CPI has once again placed its trust in us by involving JLL in such a major project. Having signed framework agreements with CPI, our team now manages projects totalling almost 600,000 sqm on behalf of landlords and owners. The last 18 months of the pandemic has further increased the importance of proper planning, design and preparation of offices in accordance with the tenants' new expectations regarding functionality, security, a comfortable working environment, as well as technological solutions and ecology. The synergy of processes and their appropriate management is key in meeting these expectations. In this respect, we have a wealth of experience and competencies to match", says Artur Pakuła, Head of Project & Development Services, JLL.

This is another example of CPI's fruitful cooperation with JLL. Prior to this agreement, in the Warsaw Financial Center building, JLL supervised fit-out projects for tenants, a major renovation of the building’s main lobby and modernisation of the lifts.

The Project and Development Services team at JLL Poland consists of 25 experts with extensive experience and know-how in areas including architecture, design, engineering and project management. P&DS works with property owners from all market segments, funds, developers and leading corporate tenants. In the office sector alone, the P&DS team advises property owners and landlords on a portfolio of approximately 600,000 sqm.




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New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.


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