Provident Polska extends Gdański Business Center lease

Savills Investment Management (Savills IM), the international commercial real estate investment manager, has prolonged the lease agreement for the Gdański Business Center office park in Warsaw. The company that decided to extend the agreement for another five years is Provident Polska.

Provident Polska is a financial institution that is a cash loan market leader and is part of the International Personal Finance Group. The company has been with Gdański Business Center since the beginning, i.e. since 2014. The offices of Provident Polska are located on two floors of Building GBC A and occupy an area of ​​over 4,000 sqm. In the negotiations, the tenant was represented by international consulting company Colliers International.

“During the development of the strategy for Head Office, we have analyzed multiple scenarios together with our partner, Colliers. As we operate in an industry heavily affected by the pandemic, cost optimization was the key factor. In addition, the smooth transition of almost all employees of the main office to remote work mode over one weekend and the rapid adaptation to the new type of work inspired us to rethink the purpose and function of the office. We carried out a workplace study, and the conclusions were clear - while conceptual, individual work is more effective at home, we still want to meet and work in teams, for workshops, and to maintain close relationships with our business partners. This new, hybrid style of work requires flexible space in a convenient location. That is why, under the “One Office” project, we have combined our three existing Warsaw locations (including an IPF Group company) into one location which is the best in our view - Gdański Business Center,” Małgorzata Wojtuszko, Head of Procurement and Property Department, Provident Polska, said.

(WBJ)