CBRE enhances its presence in Tri-City, Poland

- CBRE has expanded its Tri-City team and opened new business lines for the region

- The CBRE Tri-City office has relocated to the NEPTUN Office Centre, the most modern office building in the Tri-City area

- For the fourth consecutive year, CBRE holds the leading position in the office space segment in Tri-City with over a 50% market share in 2014

Warsaw/Gdańsk, 25 September 2014 – CBRE, the world’s leading real estate advisor, has recently been focusing on solidifying its already solid position in Tri-City by strengthening its team, expanding the scope of services it provides, and relocating its offices to the most modern office building in the area, the Neptun Office Centre. This move is a result CBRE’s policy to pursue activity in regions that have not only good potential but are expected to continue developing in a dynamic way.

Located at Grunwaldzka103A Avenue, Neptun Office Centre is the most modern, A-class office site in Tri-City region as well as the tallest building in Gdańsk. The 86-metre-high office building received a certificate of lawful use in January 2014. CBN offers 16,000 sq. m of office and retail space in a modern tower comprising 18 floors. 160 parking spaces have been accommodated on three levels of underground garage. CBN is awarded BREEAM certificate (Very Good). Neptun Office Center is owned by Hines, privately owned real estate company involved in real estate investment, development and property management worldwide. The building has been designed by a highly reputable architectural studio AHR Architects.

For international advisory companies in the commercial real estate sector in Gdansk, Gdynia, and Sopot, CBRE holds a dominant, leading position. CBRE’s Tri-City office has been an integral part for a majority of significant transactions in the office market. For example, in 2012 when BPH Bank needed to consolidate its office spaces throughout the Tri-City region, CBRE provided advisory services for the relocation of 3,000 employees from five different locations to the Euro Office Park which resulted in BPH Bank leasing approximately 20,000 sq. m. This was the most significant leasing transaction in the local office market of the last three years.

In Q2 2014, CBRE provided advisory services for Sii, a French company specializing in IT outsourcing and industrial engineering, for the lease of 3,400 sq. m of office space at Olivia Point & Tower. CBRE also mediated in the leasing transactions of 3,400 sq. m for both Epam (Olivia Business Centre) and Arla Foods (CB Neptun) as well as a transaction involving a Japanese container freighter, MOL (Alchemia), for 800 sq. m.

“Over the last 4 years, CBRE has developed into the leading real estate agency in the Tri-City office market. Every second significant transaction in this segment is now being closed by our company. Because of our growing presence in the Tri-City real estate advisory market, as well as the overall development of CBRE in Poland, we want to invest further into our Tri-City presence. This year, our team in Gdansk has been reinforced with project-management services to complement our agency activity, and we will also be launching additional business lines in the future in order to provide our clients with even more support. One of CBRE’s strategic goals is to enhance our regional network in Poland, much like the activity in the Tri-City region,” says Colin Waddell, Managing Director, CBRE Poland.

In order to meet a growing demand for more comprehensive services, CBRE has expanded its business lines for the Tri-City region to include building consultancy services. Since May 2014, these services have been offered directly by CBRE’s Gdansk office. Within this business line, standard services such as project management and cost management for the construction and fit out of office, warehouse, and retail spaces are provided. CBRE’s experts in this sector also provide necessary services for clients during the construction process like work environment strategy, architectural design, and technical consulting and advisory services.

May 2014 also saw Marcin Charun take charge of the supervision of Tri-City projects for CBRE. Marcin is a building inspector and project manager and is supported by an expert team of 16 managers and consultants from CBRE’s building consultancy department. He brings to CBRE a depth of experience in due diligence preparation combined with skills in leading the construction and design of commercial projects including projects for major corporate clients in a variety of Polish cities.

“For our clients, this relocation to our Tri-City office to the modern space offered by CB Neptun provides a greater quality of service through not just a consolidation of our services but the level of comfort we can offer them. In order to provide the highest quality of services to our clients, we have also been increasing the number of specialists as well as introducing new business lines. We are the only company in the region offering our clients a real one-stop-shop, providing them with complex services such as market analysis, office space optimization, negotiating leasing terms, and developing contract provisions to include dedicated engineering support for technical issues,” says Mariusz Wiśniewski, Deputy Director at Office Department CBRE, Head of Tri-City Office.

For the industrial and logistics sectors in the Tri-City commercial market, CBRE is also one of the leading firms offering services. With this position, CBRE can provide its clients with broad sector knowledge for not just the local warehouse market but also industrial properties of all types and classes. As a result, the company has strong relationships with both Polish as well as international owners of these locations in Tri-City and the region. In this sector, CBRE has provided services for clients like Rockwell Automation, Staples, and Kuehne+Nagel. For CBRE, Zbigniew Smyczyński is responsible for these Tri-City projects. He is an experienced negotiator and professional with 5 years of experience in the industrial and residential real estate market and also brings expert knowledge of Poland’s northern and western markets.

CBRE believes the modern retail real estate market in Tri-City, is more attractive for investors than many other regions due to the potential for constructing third generation shopping centres. The commercial space saturation rate for the Tri-City agglomeration currently amounts to 526 sq. m per 1,000 inhabitants (average rate for other agglomerations is approximately 450 sq. m/1,000 inhabitants).