Skanska secures Poland’s largest office lease to date

01
Jul
2020
News - Skanska secures Poland’s largest office lease to date #development #lease #office #Poland #Skanska #Warsaw

by Property Forum | Office

The PZU Group has leased 47,000 sqm of office, retail, service and warehouse space, as well as 325 parking spaces in Generation Park Y – Skanska’s highest office building in CEE located in Warsaw. With this lease, the building is now 98.5 percent occupied. The PZU Group will move its headquarters to the new office in Q2 2022. This is the largest lease agreement in the history of the office market in Poland and the history of the Skanska Group in the world.


The Generation Park Y tower, which will receive the address of Daszyńskiego Roundabout 4, has 38 above ground and 4 underground floors with 187 parking spots for bicycles and 325 parking spaces for cars, each equipped with sockets for charging electric vehicles. A 330 sqm green wall will be built in the lobby of the building, and thanks to the glazed facade, it will also be possible to admire the interiors from the outside. At a height of 127 meters, there will be a green terrace overlooking Warsaw’s city centre.

Generation Park Y is expected to be completed in the first quarter of 202, and the fit-out works for the PZU Group will be completed in the second quarter of 2022, which is also the date of the handover. Along with the completion of the building, the area between the office buildings of the Generation Park complex will undergo a transformation. A "green concrete" pavement will be created to clean the air from smog and car exhaust fumes.

Once the work is completed, the building will apply for the LEED Platinum, Building without Barriers and the WELL Core & Shell certificates.




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  • 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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