Tuesday, June 2, 2020
Home News Office Leasing Eurocentrum managed by CPI Property Group

Eurocentrum managed by CPI Property Group

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.

Most Popular

Panattoni completes second park in Bydgoszcz

Panattoni has completed the development of Panattoni Park Bydgoszcz II. The 36,500 sqm project was built within the city limits, in an...

Swedish investor buys into Polish company Capital Park

Europi Property Group acquired a 12.3 percent stake in Capital Park, an owner, operator and developer of office...

Rouble and valuation losses from COVID-19 pandemic hamper growth projections

The Warimpex Group posted a record profit of EUR 66.5 million in the 2019 financial year. Now, the outbreak of the COVID-19...

Poland announces new wave of easing of coronavirus restrictions

The wearing of facemasks in open public spaces from May 30 will no longer be obligatory the Polish government said on May...