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POLAND Varso Tower now the EU’s tallest

Office & mixed-use development
After reaching a roof height of 230m, Varso Tower became the tallest building in Poland. Now, after the installation of its 73-tonne and 80m spire, the Warsaw skyscraper has broken another record, becoming the tallest in the entire EU.

Thanks to its architectural height of 310m, Varso Tower is now the tallest building in the European Union, surpassing existing skyscrapers in Frankfurt, Milan and Paris. The 53-storey skyscraper is being developed by HB Reavis according to a design by the Foster+Partners studio.

After the construction work is finally completed in 2022, the building will invite you inside with a green lobby with hand-made mosaic walls. From there, two glazed elevators will be able to take you at a speed of 8 metres per second to the top of the skyscraper, from where you will be able to admire the views it will offer onto the city. Its two observation decks, among the highest in Europe, will be located at 205m and 230m – as much as twice as high as the observation deck of the nearby Palace of Culture and Science. A restaurant will also be located on floors 46 to 48. Most of the building is already covered with 4m high glass panels, which will provide excellent access to natural light. Varso Tower’s energy saving, comfort and safety features are to be confirmed by BREEAM and WELL certification at the highest level.

The skyscraper forms part of the Varso Place multifunctional investment, which is being developed in Warsaw city centre by HB Reavis. It will comprise offices, a hotel, an innovation centre and a shopping and service arcade.

Latest news

Office & mixed-use development

Poland Kruk has moved into B10

schedule 07 October 2024
Opr./edited by JC

The Kruk Company, operating in the debt management market, has leased 6,000 sqm of space in the B10 office-hotel complex in Wrocław, which is owned by Vastint Poland.

Material partner

Poland Brownfield rather than greenfield – a model for sustainable development at City Point Targówek

schedule 07 October 2024
Eurobuild CEE

Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure expansion often requires the development of greenfields, with adverse impacts on both local ecosystems and communities. A sustainable alternative is to revitalise brownfield urban sites, as exemplified by City Point Targówek, a project led by Peakside Capital Advisors.

Residential

Poland Develia expands into student housing

schedule 07 October 2024
Opr./edited by JC

Develia has signed a letter of intent with Innova Capital and Solida Capital to develop student housing through an investment fund.

Warehouse & industrial

Poland SIG is staying with Prologis

schedule 07 October 2024
Opr./edited by JC

SIG, a supplier of construction products, has renewed its lease for 4,400 sqm of warehouse and office space in Prologis Park Wrocław.

Warehouse & industrial

Poland CTPark Warsaw West is ready

schedule 04 October 2024
Opr./edited by ANZ

CTP has obtained an occupancy permit for buildings WARS02 and WARS05, with a total area of 110,000 sqm. The facilities are part of the CTPark Warsaw West complex. The space will be occupied by Raben Group. The location in Wiskitki, near Warsaw, will be its 36th branch in the country.

Warehouse & industrial

POLAND InPost in MDC2 Kraków South

schedule 03 October 2024
Opr./edited by NN

Polish parcel dispatch company InPost has leased 11,000 sqm at MDC2 Park Kraków South. The BTS project is to be built on a site prepared exclusively for the tenant.

Investment & finance

Poland Future comes to Galardia

schedule 03 October 2024
Opr./edited by JC

The Galardia shopping centre in Starachowice has been acquired by Future Estate from London-based Stage Capital. It was opened in October 2014 and comprises 18,000 sqm gla.

Office & mixed-use development

Poland Maximum occupancy at Forest

schedule 03 October 2024
Opr./edited by JC

HB Reavis has signed seven-year lease agreements with Transition Technologies and other companies, which will occupy nearly 1,000 sqm of office space in the Forest campus in Warsaw. The building is now fully let.

Office & mixed-use development

Poland Saski Crescent sounds great

schedule 03 October 2024
Opr./edited by JC

GN Poland has leased more than 2,000 sqm of office space in the Saski Crescent building in Warsaw. The company is part of the GN Group, a Danish provider of intelligent audio, video, gaming solutions, and hearing systems.

Residential

SLOVAKIA Metropolis life in Bratislava

schedule 02 October 2024
Opr./edited by NN

Czech property group Mint is finalising the construction of its premium Metropolis residential project in Bratislava, which will comprise 298 luxury apartments.

Interior design

POLAND Grainy effect for Viterra

schedule 02 October 2024
Opr./edited by NN

Viterra has moved into its ​​new 1,500 sqm offices in Olivia Prime, part of the Olivia Centre business complex in Gdańsk. The Design Anatomy studio is responsible for the design of the space.

Warehouse & industrial

Poland GLP is expanding in Silesia

schedule 02 October 2024
Opr./edited by JC

GLP has commenced construction of its second logistics centre in Gliwice. The facility will ultimately offer 57,000 sqm of warehouse and production space, located adjacent to the Katowice Special Economic Zone.

Office & mixed-use development

Poland Charities move into Diuna

schedule 02 October 2024
Opr./edited by JC

Syrena Real Estate, managing Diuna office complex in Warsaw’s Służewiec district, has made spaces available free of charge for statutory activities of Unicef Poland and the Wiosna Association. Both organisations have launched their activities and are running initiatives.

Warehouse & industrial

Poland E-commerce stays with Hillwood

schedule 02 October 2024
Opr./edited by ANZ

Hillwood is extending its cooperation with an American e-commerce giant in Łódź Górna. The tenant has extended its lease agreement for more than 36,000 sqm of warehouse space and 2,000 sqm for offices at Hillwood's Łódź Górna logistics centre. 

Investment & finance

Germany Garbe and Logicenters acquire former airbase

schedule 01 October 2024
Opr./edited by ANZ

Garbe and its joint venture partner Logicenters, Nrep's development and management platform for logistics properties, have acquired a 20,000 sqm plot of land. A logistics centre with a total area of around 11,600 sqm is to be built on this site. Construction is scheduled to begin in Q2 2025, with an investment volume of around EUR 17 mln.

Office & mixed-use development

Poland Tenants feel good at Metropolitan

schedule 01 October 2024
Opr./edited by ANZ

New leases and extensions have been signed for a total of 18,000 sqm in the Metropolitan Warsaw building. Companies such as HP and LCP Group have decided to continue their operations in the building.

Office & mixed-use development

POLAND PIB takes 1.2k in West 4 Business

schedule 01 October 2024
Opr./edited by NN

Insurance brokerage PIB Group is to occupy 1,200 sqm of office space in the West 4 Business Hub in Wrocław.

Residential

Poland White Stone Development and Nrep join forces

schedule 01 October 2024
Opr./edited by ANZ

White Stone Development, a Polish developer active in the residential and commercial market, has announced the signing of key agreements for a new project. A PRS development, commissioned by Nrep, which is investing through the NSF V fund, will be built in Warsaw's Bielany district.

Office & mixed-use development

Poland Santander takes the top of the tower

schedule 30 September 2024
Opr./edited by ANZ

Santander Bank Polska is to move into 25,500 sqm of The Bridge skyscraper, which is under construction in Warsaw's Wola business district, in the largest leasing transaction on the Polish office market since 2022.

Eurobuild CEE

Poland The October issue of Eurobuild!

schedule 30 September 2024
Opr./edited by ANZ

Here it is at last! The latest issue of Eurobuild is out fresh from the printers, and in it, as always, there's plenty of market news, expert opinions and information about personnel changes.

Latest in Office & mixed-use development

schedule 07 October 2024

Kruk has moved into B10

The Kruk Company, operating in the debt management market, has leased 6,000 sqm of space in the B10 office-hotel complex in Wrocław, which is owned by Vastint Poland.

schedule 03 October 2024

Maximum occupancy at Forest

HB Reavis has signed seven-year lease agreements with Transition Technologies and other companies, which will occupy nearly 1,000 sqm of office space in the Forest campus in Warsaw. The building is now fully let.

schedule 03 October 2024

Saski Crescent sounds great

GN Poland has leased more than 2,000 sqm of office space in the Saski Crescent building in Warsaw. The company is part of the GN Group, a Danish provider of intelligent audio, video, gaming solutions, and hearing systems.

schedule 02 October 2024

Charities move into Diuna

Syrena Real Estate, managing Diuna office complex in Warsaw’s Służewiec district, has made spaces available free of charge for statutory activities of Unicef Poland and the Wiosna Association. Both organisations have launched their activities and are running initiatives.

schedule 01 October 2024

Tenants feel good at Metropolitan

New leases and extensions have been signed for a total of 18,000 sqm in the Metropolitan Warsaw building. Companies such as HP and LCP Group have decided to continue their operations in the building.

schedule 01 October 2024

PIB takes 1.2k in West 4 Business

Insurance brokerage PIB Group is to occupy 1,200 sqm of office space in the West 4 Business Hub in Wrocław.

schedule 30 September 2024

Santander takes the top of the tower

Santander Bank Polska is to move into 25,500 sqm of The Bridge skyscraper, which is under construction in Warsaw's Wola business district, in the largest leasing transaction on the Polish office market since 2022.

schedule 27 September 2024

Legal move for Global Office Park

Law firm KBZ Żuradzki Barczyk & Partners Advocates and Attorneys-at-Law LP has leased 400 sqm of office space in Global Office Park in Katowice.

schedule 25 September 2024

Meril takes a breath of Oxygen

Indian medical device producer Meril has leased 300 sqm for five years in the Oxygen Park office complex in Warsaw.

schedule 24 September 2024

Challenges and stabilisation

Savills has summarised H1 in the Kraków office market. Despite the challenges of rising vacancy rates and a significant drop in activity on the part of developers, Kraków's office market is showing signs of stabilisation and is looking ahead to further growth.

schedule 18 September 2024

Strabag to develop Plaza Nova

Strabag Real Estate will develop Plaza Nova, a mixed-use complex in Kraków. The facility will be built on the site of the former Plaza shopping mall, which was demolished last year.

schedule 16 September 2024

Alioth is looking up

Alioth Group will join the tenant mix of the Varso Tower office building. In the spring of 2025, the company will move into an office on the 44th floor.

schedule 11 September 2024

The French on The Bridge

The French Institute has decided to change its Warsaw headquarters in September 2026. It has chosen the historical building of the former Bellona Publishing House, currently undergoing modernization as part of The Bridge.

schedule 10 September 2024

IBC gets even healthier

Siemens Healthineers has expanded its cooperation regarding office space lease with Deka Immobilien, the owner of the International Business Center complex in Warsaw.

schedule 05 September 2024

A considerable new demand rebound

According to data from the Cushman & Wakefield Echinox, the net office take-up in Bucharest across Q2 exceeded the renewal and renegociation transactional volume for the first time during the last two years, with a positive impact on the average vacancy rate, given that no new office projects were delivered in H1.

schedule 04 September 2024

Works are in progress in Vibe

Vibe, Ghelamco's latest project in Warsaw's business centre, is already fully leased. Companies that have already started working in the office building include Reckitt, an international consumer goods company, and MDDP Outsourcing.

schedule 02 September 2024

Liberty almost realised

Liberty, a mixed-use complex located in Budapest, has reached its final stage. The second phase of the project comprises a total of 20,000 sqm of office space.

schedule 30 August 2024

Savills relocates to Prague's Masaryčka

Savills is moving its headquarters as of March 2025, to new office space within the Masaryčka project in the centre of Prague. Additional 50 pct floor space will give it the foundation to expand its headcount towards 100 employees over the next phase of the business.

schedule 30 August 2024

Green light for Magdelēnas kvartāls

Vastint Latvia has received building permits for the construction of 4th and 5th phases of Magdelēnas kvartāls in Riga. The 4th phase is expected to be completed early next year.

schedule 29 August 2024

Knight Frank hooked by the Vibe

Knight Frank has chosen the Vibe office building in Warsaw’s Wola district as its new Polish headquarters. The consultancy has leased almost 1,000 sqm on the 9th floor of the Ghelamco project.

Edition 10 (292) September 2024

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