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

  • 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.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

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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