Karolkowa Business Park to keep a key tenant for longer

06
Sep
2022
News - Karolkowa Business Park to keep a key tenant for longer #lease #office #Poland #Warsaw

by Property Forum | Office

Krajowy Ośrodek Wsparcia Rolnictwa (KOWR) has renewed its lease agreement at the Karolkowa Business Park office building, owned by the Menora Group, Shikun&Binui Group and M&A Capital. According to data from the Polish Chamber of Commercial Real Estate, ​the renegotiation of the 10,000 sqm contract is one of the largest transactions in the Warsaw office market for Q2 2022.


Krajowy Ośrodek Wsparcia Rolnictwa is a state-owned institution that aims to develop Polish agriculture and rural areas in the country. Among the tasks of KOWR are investment activities in the field of innovation and renewable energy sources, as well as the management of agricultural property of the State Treasury. The tenant moved into Karolkowa Business Park in 2015. The contract extension means that KOWR will remain in this location for another six years.  

"As part of our contract renegotiation, we decided to set up a new customer service office – it is available on the ground floor of the building. We chose this location for a number of reasons. The office building is perfectly located, with a metro station– Rondo Daszyńskiego - and numerous public transport options nearby. So it’s within easy reach for all the people who work with us no matter where they live in the capital. Karolkowa Business Park also provides us with a comfortable workspace, and the building itself is innovative, environmentally friendly and energy-efficient", says Artur Gruszczyński, Acting Director of the Administrative Office, National Agricultural Support Centre (KOWR).  

"We are proud of the fact that Karolkowa Business Park will remain the headquarters of such an important Polish state institution as Krajowy Ośrodek Wsparcia Rolnictwa. The extension of the lease agreement confirms that the building meets the tenant's high technical and organizational requirements", comments Sylwia Pytko-Burska, Asset Manager at M&A Capital SARL.

Karolkowa Business Park is an 11-storey class A office building which is stylish and modern, with roof terraces and green gardens available for tenants and guests alike. The glass façade of the building incorporates restored, historic fragments of the walls of the first Philips factory in Poland. The ecological solutions applied in the office building have been confirmed by a BREEAM “Excellent” certificate.  

"Karolkowa Business Park is distinguished by its unique atmosphere – it is an office building that combines history with modernity. Numerous building solutions and innovative technologies are complemented by green areas where you can rest and recharge your batteries. Our tenants can also enjoy the convenience offered by the availability of a large number of parking spaces for cars and bicycles. There are also other amenities in the complex, such as a large FRAC delicatessen and very interesting culinary concepts, such as the Shoku restaurant and Europe's first Shell Cafe Premium. It is worth noting that, in addition to KOWR, we have also recently had contracts extended with such esteemed brands as Electrolux and Volkswagen Home", adds Sylwia Pytko-Burska.

The Karolkowa Business Park building offers a total of 18,500 sq m of A-class office space. The office building is 96% occupied. The asset manager for the office building is M&A Capital Sarl.




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