PHN With a New Tenant in Wilanów Office Park

Polski Holding Nieruchomości and The Shire – Beyond Coworking have signed a contract under which the premium flex office operator has taken about 3,200 sqm of space in the Be The One building in the Wilanów Office Park complex. The contract was concluded under the management agreements formula.

The formula of the contract, which is not a simple lease agreement, means that the offices will be jointly managed by Polski Holding Nieruchomości and The Shire – Beyond Coworking. The operator of flexible workspaces will focus on ensuring comfortable daily office operations. It will provide, among others, technical maintenance, security, Internet and cleaning, as well as reception and coffee service.

“We are launching a partnership with The Shire – Beyond Coworking in the Wilanów Office Park complex. Our talks have resulted in a mutually satisfactory agreement that opens up new opportunities for both PHN and The Shire – Beyond Coworking.  The joint space management model is our first experience of this kind.  Thanks to the agreed model of joint management of this unique location, new prospects are opening up for both entities, which is a good omen for future cooperation,” said Maciej Klukowski, Member of the Management Board for Managing Property Assets, Polski Holding Nieruchomości S.A.

One advantage of the Wilanów complex is the low height of the buildings and the surrounding greenery. This makes Wilanów Office Park more likely to be associated with a quiet office campus in the suburbs rather than with a metropolitan office district. Another advantage of the location, especially for employees using public transport, is the recently launched tram line.

“The new location of The Shire – Beyond Coworking in Wilanów is another strategic step in the development of our network in Poland. We are seeing a growing demand for flexible office solutions in this district of Warsaw. In cooperation with PHN – the building’s owner – we will manage more than 3,000 sqm of fully equipped and serviced office space on two floors, offering more than 300 workstations in a variety of private offices,” said Oskar Odziemczyk, Managing Partner, The Shire – Beyond Coworking.

The Wilanów Office Park building has provided more than 300 comfortable workstations in serviced offices. Tenants can use conference and meeting rooms equipped with video conferencing systems, rooms for quiet individual work and phone booths for calls. Those working at ul. Branickiego 15 can also enjoy open common spaces, ideal for relaxation or socializing, holding less formal meetings, but also for regular work.

In signing the agreement, The Shire – Beyond Coworking was supported by experts from Workthere’s collaborative teams and tenant representation from the office leasing department of Savills, a consultancy.

“It was a real pleasure to work with The Shire – Beyond Coworking on this project. We are particularly pleased to have been able to support a customized deal in which the owner and operator manage the location together. The management agreements formula is gaining popularity, because it brings benefits to both parties: operators operate more flexibly and do not need to engage a large amount of capital, while owners can generate higher revenues and added value due to the flex operator’s presence in the building,” said Thomas Jodar, Head of Workthere Poland, Savills.

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ABOUT THE PHN GROUP

Polski Holding Nieruchomości S.A. is one of the largest groups in the Polish commercial property sector in terms of the market value of its portfolio. PHN Group has a diversified business profile – it is primarily active in the office, residential and logistics markets. PHN Group’s portfolio comprises more than 150 standalone properties with a market value of approx. PLN 3.5B. PHN Group provides comprehensive rental and management services – it currently manages more than 500,000 sqm of leasable space. PHN Group owns about 270 hectares of land earmarked for projects in various market segments. PHN Group is also active in the construction sector – by providing general contracting, subcontracting and design services, as well as in the development sector as an investor – by carrying out projects related to the construction and sale of residential units and the construction of commercial buildings. PHN Group’s main market is Poland. PHN’s activities in the rental segment are concentrated primarily in Warsaw and the largest regional cities, including the Tri-City, Poznań, Kraków, Katowice, Łódź and Wrocław. PHN has been listed on the Warsaw Stock Exchange since 13 February 2013.