Indotek Group, a European real estate investment and asset management group, has sold the Cybernetyki Office Centre in Warsaw. The transaction reflects the company’s strategy of optimising its regional office portfolio, responding to market dynamics in Central and Eastern Europe, and capitalising on growing demand for the repurposing of existing office buildings.
Cybernetyki Office Centre is located in Mokotów, one of Warsaw’s largest business districts, with convenient access to Chopin Airport and the rest of the city. Classified as a non-core asset within Indotek Group’s portfolio, the property offers more than 7,800 sqm of usable space. The building was acquired by an owner-occupier who plans to repurpose it and change its original office use. This decision reflects increasing market demand for smaller, easily adaptable buildings that can be converted to non-office functions.
“The transaction demonstrates our ability to reposition and manage assets in response to real market needs. Since acquiring the property in 2021, we have focused on unlocking its potential and preparing it for new uses. The sale confirms the value we have created through our active asset management approach,” said Małgorzata Więcko, Head of Asset Management Poland at Indotek Group.
According to Szabolcs Szimler, Director of International Real Estate Transactions at Indotek Group, the deal aligns with trends in the Warsaw office market: “We continue to see growing demand for smaller office buildings that can be converted to alternative uses, such as medical or educational facilities. The sale of Cybernetyki Office Centre is consistent with our long-term strategy of reorganising our portfolio in Poland and across the region, with a focus on value creation and sustainable transformation.”
This marks Indotek Group’s second office transaction in Warsaw within the past 12 months, following the sale of Bokserska Office Centre to Polish charter airline Enter Air in December 2024.
Legal support for Indotek Group was provided by the Warsaw-based law firm Greenberg Traurig, which advised the seller throughout the transaction. Additional advisors included Avison Young (commercial advisory) and Crido (tax advisory).
