Golden Star Estate has leased a total of 40,000 sqm of office space in its Polish properties since the beginning of 2025. This result stems from the signing of 11 long-term lease agreements, including a record-breaking renewal of 22,800 sqm in the DOT Park complex in Kraków by Shell. Among other key transactions were the renewal of 8,000 sqm by another longstanding tenant of the Kraków project, and 6,500 sqm at Konstruktorska Business Center in Warsaw by companies from the PZU Group.
Golden Star Estate’s Polish real estate portfolio includes office properties in Warsaw—Konstruktorska Business Center, Oxygen Park, and JK 55—as well as the DOT Park complex in Kraków. In the first three quarters of 2025, thanks to securing five new tenants and renewing agreements with six existing partners, Golden Star Estate leased a total of more than 40,000 sqm across its assets.
The largest transaction concluded during this period was the lease renewal at DOT Park in Kraków by the international energy company Shell. The agreement for 22,800 sqm of office space across three buildings was not only the biggest in Poland’s office sector in the first half of 2025, but also the largest single transaction ever recorded in the Kraków market. Following this and another significant contract, DOT Park is now 81 percent leased.
Among the top three transactions completed by Golden Star Estate in the first three quarters of 2025 was also the renewal of a 6,500 sqm office lease at Konstruktorska Business Center in Warsaw. Companies from the PZU Group, one of the largest financial institutions in Poland, decided to continue their business operations in the building for another 10 years. As a result of this and three other agreements signed during the same period, Konstruktorska Business Center is now 98 percent leased.
Golden Star Estate also achieved excellent results at Oxygen Park in Warsaw, where five significant leases were signed, including four with new tenants. The complex is currently 80 percent occupied.
“Thanks to the hard work of our team and the trust of our tenants, we have leased 30,000 sqm of office space in Kraków and 10,000 sqm in Warsaw within just nine months this year,” said Mariusz Breś, Senior Vice President at Golden Star Group. “We are particularly pleased with these results, given that many market analyses have pointed to a major transformation of Poland’s office sector, where transactions of this scale have become increasingly rare. Therefore, I consider our performance exceptionally strong, especially as our highly effective leasing activity and well-thought-out strategic management continue to strengthen the position and value of Golden Star Estate’s assets. In the coming months, we expect tenants to remain interested in stable, long-term contracts, and our role as an asset manager will be to provide them with solutions that meet their current needs and serve them well for many years to come.”
