Friday, June 5, 2020
Home News Investment Market GTC acquires Pixel office building in Poznań

GTC acquires Pixel office building in Poznań

GTC, a leading commercial real estate companies in CEE signed a preliminary agreement to acquire Pixel, an iconic and unique office building located in Poznań, Poland.

Inaugurated in 2013, Pixel is located at the junction of Grunwaldzka and Babimojska streets in Poznań. It offers a total of 14,500 sqm of gross leasable office and retail area and 431 parking spaces. The building, designed by well-known JEMS architects, is an award winning sustainable office space occupied fully by Allegro.

“We are delighted to announce the acquisition of Pixel office building. Following the successful completion of our capital increase and the acquisition of Duna Tower in Budapest earlier this year, we are continuing to execute our growth strategy. The acquisition of Pixel office building marks an important step to further establish and extend GTC’s local presence in major cities in Poland and benefit from the improving office market,” said GTC CEO Thomas Kurzmann.

Pixel has a total GLA of 14,500 sqm set over 7 floors above ground. The property also comprises of 3 underground floors offering 399 parking spaces and additional 32 surface-level parking spots. The compound features timber bicycle sheds, showering facilities, and locker and drying rooms for bicyclists on the ground floor. Pixel is an example of synergy between technological sophistication, functionality and ecological footprint thanks to common terraces, green roofs and a landscaped court, crisscrossed by footpaths and bicycle paths. Allegro’s 1,400 employees are taking advantage of the compound’s restaurant, a nursery and pre-nursery for their children.

Pixel is located at a prominent and highly visible spot alongside Grunwaldzka Street, destined to be an attractive business location in Poznań due to its proximity to Inner-city Bypass, A2 Highway as well as the city center, Central Railway Station and the airport. The location offers exceptional public transport and accessibility for tenants and visitors alike. Thanks to its setting and development potential, it makes for an ideal spot sought by companies from BPO, SSC, ITO, e-commerce and new technologies’ sectors.

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