Hyundai Motor Poland will remain at Wołoska 24 in Warsaw’s Mokotów district. The company is also expanding its office by nearly 30% and will occupy almost 1,700 sqm.
In the transaction, JLL supported the tenant, providing advice on both the lease agreement and Project Development Services. The building’s owner, a real estate fund managed by ZFP Investments, was represented by IAD Real Estate Management and CBRE.
“Extending our existing lease is a strategic decision for us. Over the past few years, the location at Wołoska 24 has met our expectations and has become an integral part of Hyundai’s success in Poland. We want to provide our team with the best possible working environment, and the opportunity to expand our existing office will allow us to fully meet the needs of our employees while ensuring their comfort,” said Michał Figura, HR & GA, Hyundai.
“The increase in Hyundai Motor’s existing office space is an excellent demonstration of the company’s dynamic growth in Poland. It also confirms that Wołoska 24 fully meets the needs of companies and allows them to flexibly optimise their leased space in response to changing tenant preferences. I am confident that Hyundai Motor Poland’s decision to remain at Wołoska 24, in the heart of Warsaw’s business district of Mokotów, provides a solid foundation for the company’s continued stable growth and the achievement of its ambitious goals in the years ahead,” added Marzena Zielonka, Senior Director, Office Agency, JLL.
Wołoska 24 is a modern office building offering 20,000 sqm of office space. The property comprises 11 above-ground floors and four underground levels. Tenants have access to 550 underground parking spaces and nearly 20 surface parking spaces.
“We are pleased that Hyundai Motor Poland has decided to continue its cooperation with us and expand its presence at Wołoska 24. The decision to increase its occupied space confirms that we offer our tenants not only high-quality infrastructure, but also flexibility and room for growth. For us, this is a sign of trust and the best endorsement of the standards we maintain across our properties,” said Józef Kubica, IAD Real Estate Management.
