Warsaw’s Wspólna 47/49 office building is fully leased

15
Mar
2023
News - Warsaw’s Wspólna 47/49 office building is fully leased #office #Poland #Warsaw #Yareal

by Property Forum | Office

Yareal Polska has completed the commercialisation of Wspólna 47/49 boutique office building. In 2022, the company leased out more than 4,000 sqm of available office space, with Enervigo, “Future For Ukraine” Foundation, and a representative of the European institutions' sector added to the building’s tenant roster. This means that the building, located in the very heart of Warsaw, at the junction of Wspólna and Marszałkowska streets, is now 100% leased. 


Wspólna 47/49 is an eight-storey office building with approximately 7,800 sqm of office space. Wspólna 47/49 is the first project where Yareal Polska is acting as asset manager on behalf of YAM Invest. This project falls within the strategy of Yareal to develop third-party asset management business.

"Last year saw intensive asset management activity and the re-commercialisation of Wspólna 47/49 office building. Given the challenging macroeconomic environment, this was a formidable task. I am really pleased that our strategy has worked well and today we are proudly announcing the substantial success of attracting new tenants and fully leasing the building. In Wspólna 47/49 office building, we offered our clients a lot of flexibility in the choice of spaces and contract types: here we use the so-called rolling contracts, which are rare on the market. This ensures that companies have much more freedom in terms of planning their future and developing their business than in the case of standard long-term lease commitments", said Marta Zawadzka, Leasing Director at Yareal Polska.

In addition to 7,800 sqm of office space, the tenants of Wspólna 47/49 office building can use a three-storey underground car park for 125 vehicles, a bicycle room, and two terraces on the top floors of the building. In the immediate vicinity of the building there are countless retail and service outlets, restaurants, and vibrant entertainment infrastructure (theatres, cinemas, museums).

The office building is located at the corner of Wspólna and Marszałkowska streets, with instant access to all means of public transport (metro station, bus and tram stops, city bike stations, and the Central Railway Station). The proximity of one of the city’s main transport hubs at Aleje Jerozolimskie means that it is not only easy to reach the offices by public transport but also by car.

BREEAM In-Use certificates were issued to the building in Asset Performance and Building Management categories at 'Excellent' and 'Very Good' levels, respectively. The tenants of Wspólna 47/49 include LabCorp, OneSystem, Trei Real Estate, Datalogic or V4C.




Latest news


New leases

  • IF&B Mille Sapori, the importer and distributor of Italian food products in Poland, has leased 4,118 sqm in the MLP Pruszków II complex. The lease deal was brokered by Coldwell Banker Commercial.
  • Golden Star Estate has secured lease agreements totalling around 2,400 sqm at Warsaw-based Oxygen Park. Puerta has joined as the operator of the SZAWA conference centre, occupying over 650 sqm of training and event space. Additionally, fish product manufacturer Vicziunai-Pol Spółka leased nearly 140 sqm. Existing tenants Parker Hannifin, Diasorin Poland, and Nieruchomości Plus all extended their stays, maintaining a combined footprint of over 1,550 sqm.
  • BearingPoint has relocated its Bucharest office to Vastint’s Timpuri Noi Square, in a deal brokered by Griffes.

New appointments

  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.


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