Cybernetyki Office Center – location and potential
Cybernetyki Office Center is located in Warsaw’s Mokotów district, one of the capital’s most established and recognisable business areas. The property benefits from good transport accessibility, including efficient connections to the city centre and Warsaw Chopin Airport. The building offers more than 7,800 sq m of usable space and was classified within Indotek Group’s portfolio as a non-core asset.
Change of use instead of traditional office leasing
The property was acquired by a company that will take it over for its own use and change its original office function. Such decisions are becoming increasingly common on the Warsaw market and reflect rising demand for smaller, stand-alone buildings that can be relatively easily adapted to alternative uses, such as medical, educational or other specialised services.
Repositioning as part of Indotek Group’s strategy
According to Małgorzata Więcko, Head of Asset Management Poland at Indotek Group, the sale of Cybernetyki Office Center confirms the effectiveness of the company’s active asset management approach. Since acquiring the building in 2021, the group has focused on unlocking its potential and preparing it for new functions aligned with current market needs.
The transaction also demonstrates Indotek Group’s ability to respond flexibly to changing market conditions and to consistently implement a value-creation strategy through asset repositioning.
Warsaw office market and the growing conversion trend
As noted by Szabolcs Szimler, Director of International Real Estate Transactions at Indotek Group, the sale of the Mokotów office building fits well with broader trends observed on the Warsaw office market. There is growing interest in smaller buildings which, instead of competing in an increasingly demanding office leasing market, can be converted to alternative uses better suited to local demand.
This approach forms part of Indotek Group’s long-term portfolio reorganisation strategy in Poland and across Central and Eastern Europe, with a strong focus on sustainable transformation and long-term value creation.
Second Indotek Group transaction in Warsaw within 12 months
The sale of Cybernetyki Office Center marks Indotek Group’s second office transaction in Warsaw within the last year. In December 2024, the group also sold Bokserska Office Center, which was acquired by the Polish charter airline Enter Air.
Transaction advisors
Indotek Group received comprehensive advisory support during the sale process. Avison Young acted as the commercial advisor. Legal advisory services were provided by the Warsaw office of Greenberg Traurig, while tax advisory was delivered by Crido.
Indotek Group – investor profile
Indotek Group is a European real estate investment and asset management company operating in 12 countries. Its portfolio comprises more than 350 properties with a total gross leasable area exceeding 2.5 million sq m, across retail, office, logistics, hotel and mixed-use sectors. Indotek’s strategy is based on the revitalisation and repositioning of existing assets, with a strong emphasis on sustainable growth and long-term value creation.
source: esgo.com.pl
