Savills to recommercialise Crown Square in Warsaw

27
Oct
2021
News - Savills to recommercialise Crown Square in Warsaw #office #Poland #property management #Savills #Warsaw

by Property Forum | Office

Savills has been instructed as the exclusive leasing agent for Crown Square, an office building at 31 Przyokopowa Street in Warsaw’s Wola district, right next to the Rondo Daszyńskiego metro station.


Crown Square is a class A+ office building with more than 16,000 sq m of office space, spread over 13 floors. It had its communal areas refurbished in 2020. Its glass façade permits plenty of natural light into the interior and its well-designed space provides a comfortable work environment.

The building also has a three-level underground car park with 220 parking spaces. Its immediate vicinity features numerous tram and bus stops and a station of the M2 metro line. Crown Square has received a BREEAM In-Use certificate with an Excellent rating. M&A Capital is the Asset Manager for the property.

Savills has been reappointed to commercialise Crown Square after several years and will support the landlord in lease renegotiations and tenant acquisition.

“We are very familiar with Crown Square as we had the pleasure of looking after it in the past. We successfully completed its commercialisation in 2017. It was 100% let at that time. We are delighted that the new owner has reappointed us as the leasing agent on the scheme. The property’s unrivalled advantage is its excellent location close to a metro station. What’s more, its recent refurbishment has added to its appeal. The reception lobby has been redesigned in line with the latest trends to create a modern entrance space – it will certainly make an impression on all visitors,” says Monika Wakulska, Associate Director, Landlord Representation, Office Agency, Savills.




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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