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.




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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