September 12, 2018

LPP takes over half of Waterside

LPP takes over half of Waterside

LPP, the clothing company, has once again decided to take up additional office space in the Waterside in Gdansk. Additionally, the company extended the lease of the existing areas in the property. Knight Frank, sole agent, acted on behalf of the Deka Immobilien fund, the property owner, in the leasing process.

LPP, the largest clothing company in Poland and owner of five popular brands – Reserved, House, Cropp, Mohito and Sinsay, once again expanded its office space in the complex, this time by 740 sqm. In result, the total space od LPP's offices in Waterside amounts to over 4,850 sqm. The company moved into the property in the second half of 2016.

‘Waterside, which has a prime location, is valued by tenants. It is reflected by almost 100 percent of the property's space being leased,” said Joanna Gomułkiewicz, Senior Negotiator, Office Agency, Knight Frank.

Waterside is a 5-storey office property with a retail ground floor, and thoroughly renovated interiors with a total area of over 9,000 sqm. The property has access to numerous parking lots. It is located in the Długie Ogrody Street, in the direct vicinity of the picturesque Old Town, yacht marina and various financial insitutions. Waterside can be easily accessed by public transportation or car.
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