Intelligent Real Estate Investments - Hines

New Tenant Brings Warsaw’s Proximo II to 75 Percent Preleased

(WARSAW, POLAND) – Hines, the international real estate firm, is pleased to announce that the preleasing process of the second building in the Proximo complex (“Proximo II”), under construction at the Rondo Daszyńskiego metro station in the Warsaw Wola District, has been highly successful. Proximo II, which offers 20,000 square meters of office space, is already 75 percent preleased.

The most recent tenant at Proximo II is EY Global Delivery Services Poland, the Polish branch of an organization operating in five countries and providing services to companies of the EY network. The company will occupy floors 7 through 9, with a private deck accessible to staff only. EY GDS Poland opted for Proximo II because of its location close to the heart of Warsaw and excellent access to other parts of the city by public transportation. There are several public transportation stops in the vicinity of the building, including Rondo Daszyńskiego line 2 metro station, bus and tram stops, as well as the railway station Warszawa Główna which is currently being modernized. Proximo II is equipped with infrastructure for cyclists both within the building and in its area.

“The highly successful lease of a building at this stage of construction makes us extremely proud. This provides evidence that the combination of top quality and unique location is the ideal way to attract premium tenants,” said Przemysław Iznerowicz, Hines managing director.

“We opened our Warsaw office in late 2016, and our team has been growing ever since. Owing to our dynamic growth, we had to find new and larger office space. We were on the lookout for office space offering our employees the best possible working environment. What really mattered for us was the location of the building; what we need most is efficient and comfortable access to most Warsaw districts,” commented Dariusz Sus, EY GDS Poland leader. “We employ many young and active people who most often commute by public transportation or by bikes. This is why this location is our best choice,” added Sus.

EY GDS Poland was advised on the property deal by EY Real Estate Group in Warsaw.

Hines Polska also signed two lease agreements earlier this year for approximately 11,400 square meters with companies in the FMCG and advisory sector. Details of those lease agreements are confidential.

About Proximo II
The second building of the Proximo complex is under construction at the intersection of Prosta and Przyokopowa streets, in the immediate proximity of the Rondo Daszyńskiego metro station. The cascade-style office building offers its prospective tenants 20,000 square meters of modern office space on 10 floors and 650 square meters of retail and service premises on the ground floor. A two-level underground car garage will house 207 parking spaces with 12 spaces outside the facility.

The construction of Proximo II began in late June 2016 and has been progressing on schedule with Hochtief Polska as the general contractor. The second stage of the investment was created by the reputed British architectural design studio Rolfe Judd, which cooperates with Pininfarina on the reception lobby design.

Similar to the first stage of the investment, the new building will stand apart for the large area of the floors. The investment will be completed in line with BREEAM Design Stage “Very Good” certification standards. The first tenants will move into Proximo II at the turn of the first and second quarter of 2018.

About Hines
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 201 cities in 21 countries. Hines has approximately $100 billion of assets under management, including $54.5 billion for which Hines provides fiduciary investment management services, and $45.5 billion for which Hines provides third-party property-level services. The firm has 113 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,262 properties, totalling over 414 million square feet. The firm’s current property and asset management portfolio includes 529 properties, representing over 213 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 for more information.

About EY Global Delivery Services
EY Global Delivery Services means 24,000 specialists working with clients from a significant number of countries across the world. Thus far, we have opened three offices in Poland where we speak 17 languages. Together with EY, we participate in diverse projects for our partners from all over the world and from almost all industries, providing high-quality and value-added support to our clients.

From the centers located in Wrocław and Warszawa, EY Global Delivery Services Poland provide 14 services in 6 areas. They include:

  • Finances – market analysis and accounting services
  • IT – product development, project management and robotics
  • HR – human resource services for customers
  • Strategic business services – marketing support and risk management
  • Business research – knowledge management and business development Project management – in-house advisory team for EY