News Article hotel mixed-use office Poland property management retail Savills Szczecin
by Property Forum | Office

Savills has been appointed property manager of Posejdon, a €78 million (PLN 350 million) office, conference and hotel complex in Szczecin. The building is entering an operational phase, with more office tenants moving in and the first retail stores now open. The opening of two hotels (four- and three-star hotels) is scheduled for the second half of 2020.

“Porto has both revitalised and extended a pre-war department store over the last four years, turning it into the largest mixed-use complex in the very heart of Szczecin,” says Marcin Woźniak, President of Porto, the owner of Posejdon.

Posejdon is a modern and sustainable building with nearly 18,000 sqm of Class AA office space, almost 5,000 sqm of retail and service space, including boutiques of brands previously absent from Szczecin, and two Marriott hotels: a four-star Courtyard and a three-star Moxy, which will provide a total of 255 rooms. Posejdon also includes the largest and most modern conference centre in Szczecin with a seating capacity of nearly 1,000 people.

According to the developer’s declaration, Posejdon is also the largest NZEB (Nearly Zero Emission Building) recently completed in Poland that meets the strict carbon dioxide emissions targets that will take effect in 2021. The BREEAM certified complex features two independent renewable energy sources: geothermal and solar systems. Posejdon’s public patio features Poland’s largest green wall – 150 sqm of specially selected plants adorn the interior of the building.

Posejdon’s office and retail sections, including the stores of Super-Pharm and Lidl, are now fully operational, and the opening of the hotels is scheduled for the second half of 2020. The complex will soon provide a public observation deck on its 35th floor with a bar on its rooftop.

“Mixed-use projects are being developed across Poland on an increasing scale. They have a vital place-making function and create user-friendly and diverse urban spaces. Such complexes are sought after by many tenants and are generally very positively received by local communities. They constitute a challenge for owners due to the need for a different management approach to each property function, but they also enable investment diversification,” says Marta Mikołajczyk-Pyrć, Head of Retail Property Management, Property & Asset Management at Savills.