CPI Property Group (CPIPG) has taken over the management of another office building in its portfolio. As of 1st April, the company starts managing Eurocentrum, which is one of the largest office complexes in Warsaw.
Acquired by CPIPG in November 2019, Eurocentrum is the largest green office complex in the capital, certified in the LEED system at the Platinum level. It consists of the Alfa, Beta/Gamma and Delta buildings offering a total of over 85,100 sqm of lease area, including 3,500 sqm of retail, service and catering space located on the ground floor of the complex, in a passage connecting all buildings and available to the general public. The office building also features a modern conference centre, which can accommodate 200 people at a time. The building is almost fully commercialised; the tenants include, among others, Unilever, COTY, Group One, Randstadt, SAGE, PSE S.A. and the Office of Rail Transport.
“This is the next step in the property management strategy announced by the company. We believe that in this particularly challenging time, our approach to active property management and work on increasing the property value is becoming more and more important,” says Barbara Topolska, Country Manager, CPI Property Group Poland.
Eurocentrum is the third office building managed by CPIPG, after Warsaw Financial Center and Equator II. In the following months, the company will take over the management of all office buildings in its portfolio. The Property Management model adopted by CPIPG is based on the principles of sustainable development and continuous improvement of the quality and value of investments, as well as on high quality services offered to users of office buildings.
Currently, CPIPG is the owner of twelve office properties in Warsaw with a total lease area of over 280,000 sqm. Seven of them were acquired by the company during the recent six-month period, after the announcement of its investment strategy in March 2019, which assumed a focus on the Warsaw office market.