Record-breaking deal on Warsaw office property market

Ghelamco Poland has signed a record-breaking agreement for the lease of office space at Warsaw Spire. The new tenant will take nearly 22,000 m2 in the A-class building whose occupancy rate has now soared to over 50%.

The new tenant will occupy 22 000 m2, a fifth of the total office area at Warsaw Spire, becoming the building’s biggest tenant. This is the largest office lease transaction ever concluded in Warsaw City Center, as well as one of the country’s biggest ones.

Warsaw Spire

Warsaw Spire and plac Europejski make up an investment that is unique in terms of scale and quality alike. It is bound to change the public space at Rondo Daszyńskiego considerably. We are conducting the project holistically, in line with sustainable development principles. The crucial objective is to ensure unparalleled spatial order and a well-balanced combination of commercial and public functions. We believe that Warsaw Spire will become a new symbol of modern and economically powerful Warsaw” – comments Jeroen van der Toolen, Managing Director at Ghelamco CEE.

“The project has won the approval of demanding tenants. We are proud to learn that our unique concept has been recognized for its seamless integration of office and public space. Warsaw Spire is the capital’s new business center created by us close to Rondo Daszyńskiego. There are a lot of companies willing to have their headquarters here. Negotiations with further tenants interested in both office space and the retail units at plac Europejski are in progress,” remarks Jarosław Zagórski, Commercial and Business Development Director, and Board Member at Ghelamco Poland.

The tenant was advised by JLL.

Karol Patynowski, Associate Director, Tenant Representation at JLL, says: “The agreement is the biggest lease transaction on the office market in downtown Warsaw. We are glad to have been able to assist the tenant with respect to this deal, especially since it involves consolidating the company’s R&D functions from three different locations around the city. Our client was looking for a unique and modern building which boasts great location, offers a lot of amenities and allows long-term expansion. Warsaw Spire, top-class office complex built by a leading developer, Ghelamco, has met all these requirements. It is also worth noting that a flexible transaction structure is highly important when it comes to very large lease contracts like this one.


About Warsaw Spire

Warsaw Spire is a unique office project emerging in Warsaw city center. It is based upon a vision that seamlessly combines office space with a unique approach to modern urban space. The project is located in one of the most rapidly developing parts of the capital, with numerous modern office buildings and prestigious residential projects, as well as excellent transport links, including trams, buses and a metro line.

The complex includes a 220-meter tower building (48 levels) and 2 lower buildings, each being 55 meters high (15 levels).  Together, they will provide approx. 100,000 m2 of office space equipped with state-of-the-art technical solutions.

Warsaw Spire is more than just modern office space. Unlike any other business complex in Warsaw, it is about to offer urban areas that will be accessible to all Warsaw residents. The vast patio is a unique idea which has never been adopted for any office building before. This area will be filled with greenery, street furniture, fountains and leisure amenities. The ground floors of the buildings are going to be occupied by restaurants, coffee shops and stores, which means that Warsaw Spire will continue to be teeming with life after working hours.

The complex reflects Ghelamco's green attitude as it is designed and constructed according to the eco-requirements of BREEAM certification system. Eco-solutions will strongly enhance both working comfort and the effectiveness of the complex by implementing state-of-the-art HVAC systems, lighting systems, BMS, elevators and other installations.


About Ghelamco Poland:

Ghelamco Poland is the commercial property market leader in Poland, with a pioneering approach to the shaping of public space.

Over the past 24 years, Ghelamco Poland has built its position as an investor, developer and general contractor by delivering over 600,000 m2of office and warehouse space. The sales volume has exceeded EUR 1.2 bn. The company has entered the retail property market, as well. Operating under the name of Ghelamco Residential, the developer is also active in the residential sector. Ghelamco’s flagship office project, Warsaw Spire, is now underway.

Ghelamco Poland continues to come up with pioneering concepts of buildings which set new market trends. Its reputation as the leader in sustainable construction on the Polish market is evidenced by eight BREEAM certificates granted to Ghelamco projects with a total area of 290,000 m2.

Business goals go hand in hand with involvement in cultural and art events. Last year Ghelamco established Fundacja Sztuka w Mieście [Art in the City Foundation]. Ghelamco has won a lot of distinctions, including seven “Developer of the Year” awards in Poland.

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