Varso Tower in Warsaw is completed

14
Sep
2022
News - Varso Tower in Warsaw is completed #HB Reavis #office #Poland #Warsaw

by Property Forum | Office

HB Reavis has completed the construction of Varso Tower, the tallest skyscraper in the EU, designed by Foster + Partners. The first tenants will soon move in.


The 310-meter tall (spire included)  tower located next to the Warsaw Central Railway Station reached ground level in early 2019, rose above the Palace of Culture and Science in late 2020, and soon after topped out at its 230 m full roof height. It also boasts Warsaw’s highest garden, as sixteen trees were planted 206 m above ground in mid-2021.

The quality of the pro-ecological solutions used in the building, conducive to the well-being of users, has been verified by independent auditors BREEAM and WELL.

Currently, tenants are arranging their offices inside the building. The first employees will move into Varso Tower in September. Ultimately, the following companies will open their offices here: the IT service provider Box and the international law firms CMS and Greenberg Traurig.

Varso Tower is one of the three buildings of the Varso Place complex, which includes offices, a hotel, an innovation centre and a shopping and service arcade housing, among others, restaurants, a fitness club and a clinic. In line with the adopted strategy of active management and building the long-term value of the completed properties, HB Reavis is also the manager of Varso Place.




New leases

  • 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.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

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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