Bank BGŻ BNP Paribas has appointed Yareal Polska as the developer of its planned new offices in Warsaw. The bank will occupy 22,000 sqm, or 80 percent of the total space, in a new project, which will be developed on a Yareal-owned site located at the intersection of ul. Kasprzaka and ul. Karolkowa in the Wola district of the Polish capital. The scheme, which has been designed by the Hermanowicz Rewski Architekci architectural studio and is expected to be BREEAM-certified at the ‘Excellent’ level, is scheduled for completion in the first half of 2020.
“Our investments are an alternative to the office towers located in the downtown of the city. We are offering office space for large companies looking for offices in attractive locations, which meet high requirements regarding the corporate image as well as offer efficient and flexible space arrangements, green areas and lower rents and maintenance fees,” said Eric Dapoigny, the president of the management board at Yareal Polska. The developer is now also working on Nowogrodzka Square in downtown Warsaw, a boutique office project offering 11,500 sqm of leasable space.