Adgar tol expand the Adgar Plaza office complex in Warsaw

by   CIJ News iDesk III
2022-11-28   10:36
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After its August acquisition of the Renaissance Tower office building in Warsaw's Wola district, Adgar Poland is not slowing down. This time the company has increased its holdings in the business district of Służewiec. Another modern office building will be constructed on a plot of nearly 7,000 sqm, located at 10 Marynarska Street, in the immediate vicinity of the existing Adgar Plaza complex.

The previous owner of the plot at 10 Marynarska Street was Pekao S.A. bank. The building located on it is well known to all employees and residents of Służewiec - as its convenient location provides visibility from the main thoroughfare at the S79 road exit near Warsaw's Okęcie airport. The purchase of a plot in such a sensitive location is one of this year's most interesting property investment moves in the Mokotów commercial real estate market. According to Adgar Poland's plans, a new office building will be built on the plot, significantly expanding the developer's offer in this part of Warsaw. The plot is adjacent to a complex of three office buildings (with a total area of 39,000 sqm) already owned by the company: Adgar Plaza A and B and Adgar Plaza One.
"The development prospects for Służewiec are very promising, and the completed road and transportation investments have significantly enhanced its business and residential potential. The synergy of these two urban functions, characteristic of modern and well-managed agglomerations, is crucial in our investment decisions.

For the role of Adgar Poland is not limited to providing comfortable, friendly and flexible working conditions in the company's office buildings. We also take care of the multifunctional aspect of our buildings, so that the local community can benefit from many non-office services in them. The presence of nurseries, kindergartens, stores, cafes, restaurants or fitness clubs in our properties allows us to create a space that is vibrant even after office hours, and additionally fits in with the trend of so-called "15-minute cities"." – says Michael Mevorach, Country Manager, Adgar Poland. In addition to the property at 10 Marynarska Street, Adgar Poland has also recently purchased a smaller plot of land (750 sqm), located between the new development and Adgar Plaza One. The purchase of the plot consolidates the available space and will enable the functional and visual coherence of the entire Adgar Plaza complex.

The office building to be constructed at 10 Marynarska Street will be the fourteenth in the company's portfolio of Warsaw properties. Their total area as of today is 140,000 sqm.

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