Hines Expands the Portfolio of Tenants of Ambassador Office Building with Two New Leases

(WARSAW, POLAND) – Hines, the international real estate firm, is successfully commercializing office space in the Ambassador Office Building. The lease agreements were signed by two companies – HarperCollins Polska Sp. z o. o. publishing house and LDI Polska Sp. z o.o., an entity belonging to Groupe Le Duff, a representative of BRIDOR, manufacturer of bakery products. HarperCollins Polska will occupy over 6,000 square feet on the third floor and will move into the new office early next year. LDI Polska has leased over 550 square feet on the ground floor and has already taken over the space in mid-September. Both leases are for five years.

“The commercialization of the Ambassador Office Building is proceeding very swiftly, despite difficult market conditions resulting from the pandemic. The Ambassador Office Building is very popular due to its high quality, excellent location, rich associated infrastructure and ecological solutions,” says Monika Igła, leasing manager, Hines. “However, that is not all. We can see that a flexible approach and speed are playing an increasingly important role in the leasing process. At Hines, we always try to meet the expectations of our tenants by discussing and fine-tuning every detail with them.”

“Choosing the location, we considered factors such as convenient location, good access by various means of transport and high quality of the building,” says Joanna Goławska, Management Board Assistant, HarperCollins. “Also, the timing was very important to us – we want to move into the new office in early 2021. Hines is able to provide us with the quality and space we were looking for very quickly.”

“Finding a new office was a challenge for us – we wanted it not only to meet certain requirements in terms of quality and space arrangement, but also to be available immediately. Hines has worked diligently to adjust the space to our needs in a very short time,” says Paweł Feliga, Country Manager, LDI.

The Ambassador Office Building is a modern, Class-A facility, which offers approximately 177,000 square feet of high-quality office and retail space. It is very conveniently located at the intersection of Domaniewska and Pęcherska Streets, in a dynamically developing part of the Mokotów district. Thanks to its strategic location, the office building is well connected with other parts of the city, and it can be quickly accessed by both private and public means of transport. Tenants have at their disposal a parking lot for 297 parking spaces and infrastructure for cyclists, including racks and a cloakroom with showers. Additionally, one of the largest shopping centers in Warsaw – Galeria Mokotów – is located in close proximity to the investment. The Ambassador Office Building was awarded with BREEAM certificate at a “Good” grade. Also, HinesGO (Hines GREEN OFFICE) program, created to promote pro-ecological attitude and solutions among tenants, has been introduced there.

About Hines

Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 225 cities in 25 countries. Hines has approximately $144.1 billion of assets under management, including $75.5 billion for which Hines serves as investment manager, including non-real estate assets, and $68.6 billion for which Hines provides third-party property-level services. The firm has 165 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,426 properties, totaling over 472 million square feet. The firm’s current property and asset management portfolio includes 576 properties, representing over 246 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com and www.hines.pl for more information.