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.




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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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