Poland Czechs have bought Signum

This acquisition is part of the group's long-term strategy to further expand its presence in the CEE region. TriGranit, the international development company that became part of DRFG group in August, assisted in the transaction and going forward will be carrying out asset management services on behalf of the owner. In addition to providing fit-outs for existing and new tenants, it will also be responsible for upgrading the installed technology, the management of the BMS system, and further improving the building's ESG efficiency.

This is the group's first office building in Poland and we are delighted to have successfully completed this transaction. This is the result of the great work put in by our acquisition team. The seller was a tough yet fair partner. In the end, we managed to reach an agreement that is commercially advantageous to both parties. Moreover, we constantly see great potential in this area and are therefore actively seeking further opportunities.
Jan Pelíšek, Real Estate Development director CEE at DRFG

The Signum Work Station, built in 2009, is located near Fryderyk Chopin Airport in Warsaw. It has seven above-ground and three underground floors. It provides office space for tenants such as Ringier Axel Springer, Mondelez International, Columbia and PPD. The building has a BREEAM Excellent environmental certificate and offers elements designed with sustainable mobility in mind. In addition to offices, it also contains retail and storage space. The underground floors and outdoor grounds provide a total of 869 parking spots. It was managed by Cromwell Property Group and the seller’s investment agent in this deal was Avison Young.