Poland Cushman & Wakefield to manage the entire portfolio

Cushman & Wakefield will be responsible for operations, accounting and technical management, including improving the energy efficiency of the buildings and implementing a strategy for sustainable property operations. It will take over property management for Libra Business Center B, LIFE Building, and Jasna 26 commencing this July. Cushman & Wakefield already acts as property manager for three other office buildings of the VIG Fund in Warsaw: Chmielna 25, Norway House, and Nowogrodzka 21.

I am pleased to further expand the existing partnership with Cushman & Wakefield. The unified management of our real estate portfolio in Warsaw will result in synergies and leaner structures that will benefit both, VIG Fund and our tenants.
Manuel Simon, head of Investment Real Estate and responsible for the Asset Management in Poland

Through our expanded cooperation with VIG Fund, we will deliver more optimization solutions, for example, to increase energy efficiency, and use the economies of scale to implement tools to support our client’s ambitious ESG goals.
Grzegorz Dyląg, partner, head of Asset Services Business Space, Asset Services EMEA, Cushman & Wakefield

Libra Business Center B offers 16,000 sqm of modern office space. Located in south-western Warsaw, it forms part of the frontage development along Al. Jerozolimskie.

LIFE Building, formerly known as Atrium Tower, is located in central Warsaw, at Al. Jana Pawła II 25. It offers app. 10,000 sqm spread over 13 floors. Last year, it was fully refurbished and repositioned.

The office building at ul. Jasna 26 was completed in 2014 as a result of the renovation and redevelopment of a tenement building from the 1950s. The six-floor building offers app. 5,000 sqm of leasable space.