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Office Market News

Surprising Adriatic cuisine in Warsaw Brewery. Pjaca restaurant will create a family atmosphere and delicious food

A tasty part of Warsaw Brewery is getting bigger and bigger. The culinary proposal offered the Meeting and Flavors located in the very centre of Warsaw is enriched by the Pjaca restaurant that serves unique Adriatic cuisine, based on the traditions of the Balkans and Italy. The first guests will taste this amazing menu at the end of 2020.

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Warsaw Office Market flourishes

Warsaw office market is growing at a fast pace. Total stock at the end of Q3 of this year stood at nearly 5.6 million sqm. Nearly one fourth of existing stock is less than 5 years old, and the sector is set to increase by at least another 10% over the next two years. Results recorded so far show that 2019 might prove to have been another record-breaking year in terms of office take-up. Demand is driven by leases signed for spaces of record-breaking size, one such example being the lease signed by mBank for nearly all the space in the Mennica Legacy Tower high-rise office building.

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Echo Investment invests in Wrocław. MidPoint71 office building to be centrally located

Echo Investment has started the construction of the MidPoint71 office building at Powstańców Śląskich street in Wrocław. The project will provide nearly 37,000 sqm modern office space. The first tenants will be able to work here in the fourth quarter of 2021.

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BNP Paribas Bank moving to Francuska Office Centre in Katowice

BNP Paribas Bank will join the tenants of Francuska Office Centre in Katowice. BNP Paribas Real Estate Poland Office Agency experts supported the new tenant in a lease process.

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Horizon with a new strategy

Horizon (formerly Horizon Plaza), a class A office complex in Warsaw’s Mokotów-Służewiec district, is going through an overall rebranding process conducted by global real estate services firm Cushman & Wakefield. Union Investment, the property owner, decided to rename the office building, create a new visual identity, introduce a new signage system in common areas and present a new showroom.

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Business report on Rzeszów - 2019 focus on Rzeszów

Rzeszów is the most important business location in Poland on the Krakow – Lviv line. For years, the city has been dynamically developing its economic potential, and the portfolio of companies present in Rzeszów is constantly growing. Starting from the aviation sector, through the IT industry, reaching the sector of modern business services, Rzeszów proves the wide range of competences of the personnel are available in the city.

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Gdańsk-Północ district court relocates its third land and mortgage register division to the Pomerania Office Park

The Gdansk-Północ District Court in Gdansk has decided to relocate its Third Land and Mortgage Register Division from its head office in Piekarnicza Street to the ZEFIR building in the Pomerania Office Park. The new office will occupy more than 2,000 sq m. The tenant was represented by Daria Zagożdżon-Dembicka from global real estate services firm Cushman & Wakefield.   ZEFIR is the first building of the Pomerania Office Park, located in Żabi Kruk Street in central Gdansk and close to the Old Town. It enjoys direct access to multimodal transport infrastructure. The four-floor office building offering 5,000 sq m of leasable space boasts a prime location, a high fit-out standard and a unique design. The owner of the office building is UNIMOR DEVELOPMENT S.A.   Source: Cushman & Wakefield

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Globallogic supported by the Cushman & Wakefield international advisory company historical transaction on the Wroclaw office market

In October 2021, GlobalLogic, the international leader in the IT industry, will occupy an area of ​​10,000 sq m. as part of a new lease agreement at Wrocław Business Park - Strzegomska Park. This is the first transaction in the history of the Wrocław office space market in which the landlord decided to demolish a part of a functioning office complex and then build a new building here fully adapted to the needs of a specific tenant. Thus, GlobalLogic, being an IT industry leader, sets new trends also on the local office real estate market. GlobalLogic used the transaction to support the international consulting company Cushman & Wakefield. GlobalLogic is a leader in the field of digital product engineering services. The company helps clients design, create innovative products and platforms, as well as create digital experiences tailored to contemporary realities. GlobalLogic has 30 engineering centers and design studios, employing a total of over 15,000 professionals from around the world. The Polish branch of GlobalLogic specializes in software for embedded systems and digital transformation. - We will try to meet the highest expectations of our employees - says Piotr Krzysztofik, president of GlobalLogic Poland and Croatia. - Our office, in every respect, will meet the highest standards not only in Wroclaw, but also in Poland. I mean, among others optimal quality of finishing materials used and an ergonomic way of arranging the interior in the building. Modular spaces will appear there, adapted to the specifics of the work of individual project teams. Areas for rest or physical activity with yoga and strength training are also provided. There will also be a restaurant. A car park will be built in the basement of the building, which will complement the outdoor parking spaces. - We are very happy that GlobalLogic, which has been our partner for many years, has once again trusted us and has decided to enter into another long-term Agreement with us. It is confirmation for us that it is worth applying clear and partner cooperation principles. With our tenants in mind, we have decided to completely rebuild the Park - new buildings will be erected in the place of current buildings in accordance with the highest standards currently present on the commercial space market - said Adam Galewski, Managing Director at DEVCO Sp. z o. o. - We are witnessing a history on the Wrocław office market, because this is the first transaction of this type in which the landlord decided to first demolish part of the functioning complex, and secondly to build in its place a fully-adapted office building with an area of ​​over 10,000 sq m . Under the current contract, GlobalLogic will remain a tenant in a part of the Wrocław Business Park complex - Strzegomska Park until the new space is occupied. In addition to the high standard that the landlord provides in the new building, GlobalLogic appreciated the location of the Wrocław Business Park - Strzegomska, which as a result of the modernization of the communication infrastructure currently underway, directly adjacent to the park, is significantly gaining attractiveness - says Marcin Siewierski, Associate, Office Space Department, Office Manager Cushman & Wakefield in Wroclaw. Wrocławski Park Biznesu - Strzegomska Park is a complex of 12 independent A + class office buildings with a total area of ​​15,000 sq m. - as a result of the reconstruction at the Business Park, 6 new buildings with a total area of ​​approximately 50,000 sq m will be built in the place of the current buildings. The complex is located at Strzegomska Street, close to the center of Wrocław and Wrocław Airport, as well as near the Śródmiejska Bypass and Legnicka Street, which allow convenient access to any part of the city.     Source: Cushman & Wakefield

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