Philips to renews its lease agreement in Warsaw

Philips Lighting Poland and Philips Poland decided to renew office lease agreement in Philips House located at Aleje Jerozolimskie 195B in Warsaw. Experts from international advisory firm JLL represented Philips in negotiation of lease terms.

Karol Patynowski, JLLKarol Patynowski, Associate Director, Tenant Representation at JLL, comments: “Philips decided to stay in its current office at Aleje Jerozolimskie 195B due to its convenient location and access to public transportation as well as landlord’s flexibility”.

Philips House, offering 5,571 sq m of class A office space, is located in the Western part of Warsaw at Aleje Jerozolimskie, one of the main communication arteries of the city. The property owner of Philips House is Griffin Real Estate. This year, the company is planning refurbishment of the building’s façade and interiors, including its reception and HVAC systems.

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