Cromwell leases 17,500 sqm of space to Santander at Business Garden Poznan

Real estate investor and fund manager, Cromwell Property Group (Cromwell), acting on behalf of CEREIT, has leased 17,500 sqm of office space to two Santander Group businesses at the Business Garden Poznań in Poland.

Including this letting, Cromwell has leased around 39,500 sqm of office space in 19 deals across six buildings in Poland over the past 12 months, demonstrating the strength of demand for high-quality, well-located office space from national and international businesses despite the impact of the pandemic.

Notable transactions included a 5,708 sqm lease with RBS and a 2,670 sqm lease with GSK Services Group, both at Business Garden Poznań.

Business Garden Poznań is a multi-let office building totalling 42,269 sqm of space across four buildings, including underground parking.

Other well-known occupiers include John Deere, MAN SSC, ADM, LIDL, PORR, CapGemini, and GSK.

A modern office building built to LEED Platinum green building certification standards, Business Garden Poznań provides its occupiers with a range of facilities including a spacious restaurant, gym, medical centre, kindergarten and leisure and sports facilities.

The location is well connected to the historical city of Poznań by local transport facilities and numerous cycle routes.

Justyna Filipczak, Head of CEE, commented: “This latest lease to Santander tops a very active 12 month period of leasing activity in our Polish office portfolio. What’s more, we’ve been encouraged by the level of demand for high-quality office space from international blue-chip companies.

“The trend among occupiers is noticeably towards office space built to stringent environmental standards that incorporates the type of user-friendly facilities and amenities that we have at Business Garden Poznań, such as bike racks, bicycle repair stations and sports facilities including volleyball and basketball courts.”