Hines, the global real estate firm, announced that the Hines European Value Fund (HEVF 1) has signed four agreements for office space spanning a total of 7,500 sqm at Wola Center in Warsaw.
Owned by HEVF 1, Wola Center consists of four interlinked modern class A office buildings offering a total of 34,930 sqm of office and retail space. Three tenants will make Wola Center their new home: Mobica – a software engineering firm; a furniture company; an international IT firm; and professional services provider Wolters Kluwer has extended its contract. All agreements are long-term leases with at least five-year terms.
Wola Center is a well-connected location situated near the underground and Warsaw Ochota railway station. It offers an elegant 1,000 sqm patio, a new coworking space in the lobby, green terraces, and extensive infrastructure for cyclists – a parking lot, racks, and cloakrooms with showers. Car owners also have 319 spaces at their disposal in a two-story parking lot where chargers for electric and hybrid vehicles are being installed. The Wola Center office building has a BREEAM Excellent certificate.
“Wola Center continues to experience strong leasing momentum with these four contracts in addition to LUX MED Group taking space on the ground floor at the end of last year,” says Patrycja Zyśk, leasing manager, at Hines Poland. “It is a first-class building in a prime location with fantastic amenities. Its high-quality space, underpinned by strong ESG credentials, distinguishes it as a building of choice in Warsaw.”
The first of the new tenants to sign an agreement with HEVF 1 is a software services company, Mobica, based in Manchester, U.K, with offices in Europe and the United States. Mobica will occupy c.1,400 sqm of office space on the 6th floor of Wola Center.
“Wola Center is the perfect home and showcase for the headquarters of our company. The professional service on offer, good location, flexible space, and amenities convinced us to choose Hines,” says Michał Kaczmarek, global business support and real estate manager at Mobica.
The other large tenant is an IT company that has leased over 2,500 sqm on the 2nd floor of the building and the third tenant is an office equipment design and implementation company that will occupy over 440 sqm on the ground floor of the building.
HEVF 1 has also extended its cooperation with Wolters Kluwer Polska for 6 years. The company occupies nearly 3,650 sqm of office space on the 3rd floor in Wola Center.
Advisors on the lease agreements include law firm Piotr Bocianowski, Savills, CBRE and Hamilton International.