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Articles - Warszawa

Landlords Hold The Upper Hand Amid Rental Growth on The Warsaw Office Market

According to “Occupier Economics: Office Market in Warsaw Q1 2019”, a report published by real estate advisory firm Cresa, Warsaw’s vacancy rate is at its lowest in seven years, but this year’s new supply is likely to surpass 300,000 sqm; this is a temporary situation and so is the negative absorption.

Welcome to Business Garden: a new concept of reception area

Vastint Poland has introduced a new lobby concept in their Business Garden office complexes, developed in collaboration with the internationally recognised London studio, turnerbates Design & Architecture. Roger Andersson, Managing Director of Vastint Poland, says: ‘Vastint sets itself apart from competitors with its new lobby concept, which reflects the innovative and welcoming essence of the Business Garden complexes. Alongside the surrounding gardens, the communal reception lobbies will be a distinguishing feature of our business parks. We are glad that the proposed style and functional layout of the new receptions has been so well received by our tenants.’ The initial brief for the design was to create informal, comfortable and relaxed zones within the reception area that encourage visitors to dwell in the space. The lobbies are now not only places that visitors pass on the way to their offices, but also for meetings, co-working and relaxing. The pilot project was implemented in the lobby of one of the buildings of Business Garden Warsaw. The interior was filled with comfortable armchairs, oak work benches and free standing display credenzas. The traditional reception desk was replaced with a multi-purpose welcome desk supported by a digital check in kiosk and special zones which can be used by tenants and visitors as relaxed break or meeting spaces. Pictures painted by a local artist, inspired by one of the most beautiful parks in Warsaw: Łazienki Królewskie, hang on the walls, as well as digital art by turnerbates Design & Architecture. A warm and welcoming atmosphere is further created with natural fabrics, wooden furniture and lighting that can be controlled via a mood set system to suit daytime and evening ambience. Whilst there is a common design thread throughout the lobbies, the other six lobbies in Business Garden Warsaw are differentiated by changes in colour details and accessories, such as accessories, books and custom-made wall painting installations. The functional layouts of the lobbies also differ according to size and floor plan. Howard Bates, Director at turnerbates Design & Architecture says, ‘For almost two years, we have been working together with Vastint on a concept that will replace existing traditional reception areas in the Business Garden complexes. We have managed to create comfortable spaces that will encourage tenants and their guests to enjoy a warm, friendly environment.’   Source: Vastint

The new Ceetrus office: a work space in a mid-century modern style

Ceetrus Poland has moved its Warsaw headquarters to the IBC building. The new office is an expression of the company’s culture. The design was created by the Workplace Solutions studio.

Business Garden Warsaw welcomes new tenant

Inoffice Group has leased 1,668 m2 of modern office space in Business Garden Warsaw. Inoffice offers flexible workspace for companies seeking ready and fully equipped offices. The offer is dedicated to both small entities and larger companies that need a temporary space for their project teams. The office in Business Garden Warsaw will be the seventh location of Inoffice in Poland. Karolina Pawłowska, Leasing Manager at Vastint Poland says, “Services offered by Inoffice Group will enrich the Business Garden’s offer. It will be an interesting alternative for new customers looking for a small office space, ready to be leased immediately, or a temporary space, often needed by customers just after signing the lease agreement during the period of fit-out works. Certainly, the Inoffice’s proposition will also be interesting for the existing tenants of our complex, that occasionally report the need for an additional office or conference space. In both cases, the advantage of the proposed solution is a short, flexible rental period.” Aleksandra Wojtasik, Managing Director of Inoffice Group says, “We offer traditional offices from 2 to 50 workplaces in open spaces, temporary workplaces, so-called hot desking, and conference rooms for up to 14 people. In a very short time we are able to prepare any division of rooms and provide a wide selection of office furniture. We stand out with a flexible approach to the needs of our clients, providing a space to work in accordance with their expectations and needs.” Business Garden consists of seven buildings surrounded by a large garden with relaxation areas and sports facilities, offering a total of 90,000 m2 of office space. The complex is located at Żwirki i Wigury Street, near the Fast City Train station connecting the airport with the Central Railway Station. In addition, a new NS expressway is planned near the complex, connecting the southern parts of the city with the Warsaw ring road. The complex also offer services of a hotel, conference centre, restaurant and fitness club.     Source: Vastint

EPP and Echo Investment to Open Galeria Młociny on the 23rd of May

The hottest spot in Warsaw is set to open in less than a month. One of the biggest shopping and entertainment venues in Warsaw is now being finished in the capital city’s Bielany district.

Warsaw office market waiting for next spectacular lease transactions

After record-breaking 2018, Warsaw office market is catching its breath and getting ready for new spectacular deals and openings. During Q1 2019, three new office buildings were completed and further 775,000 sq m is currently under construction, says global real estate advisory firm Savills.

Cushman & Wakefield represents WeWork at Europejski

With effect from this month, the Landlord Representation team of global real estate services firm Cushman & Wakefield will support WeWork in attracting new tenants to its flexible office at Europejski Offices. Europejski Offices will be WeWork’s third coworking location in Warsaw and is expected to open in late May or early June this year. It will feature innovative solutions and a modern design known from the operator’s other locations in the capital city. WeWork members enjoy all amenities: the support of a community manager, access to events and special training for community members, a shared kitchen, a chillout zone and unlimited wireless internet access. Other benefits of the coworking space in Krakowskie Przedmieście Street include openable windows and private terraces offering views of Piłsudskiego Square, the Saxon Park and the Presidential Palace. “Europejski is one of the most prestigious locations in Warsaw which will soon become available to WeWork’s tenants. We anticipate that this office will attract strong occupier interest and that we will successfully fill this space in a short time. Large organisations enjoy the convenience of coworking space, especially where they need to build a larger team to work on new projects and quickly provide employees with space for creative collaboration. In addition, due to legislative changes to accounting standards, such space appears an attractive alternative to traditional leases,” says Anna Górska-Kwiatkowska, Partner, Office Agency, Cushman & Wakefield. H.E.S.A. is the owner and investor of Europejski.     Source: Cushman & Wakefield

DLA Piper - the first tenant of Atrium 2

Global business law firm DLA Piper has signed a lease agreement for ca. 4,000 sqm of office space in Atrium 2. The scheme, developed by Skanska Property Poland, is in close proximity to the ONZ Roundabout in Warsaw. With the completion of this agreement, DLA Piper becomes the building's first tenant six months before its completion scheduled for Q1 2016.
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