PLAY chooses a Yareal office building for its new headquarters
PLAY’s new headquarters will occupy 11,000 sq. m. of office space at the NEOPARK complex.
The telecommunications operator will occupy most of building B of the NEOPARK office complex located in Mokotów’s business district. A lease agreement has been signed for 5 years.
NEOPARK consists of two office buildings that are mirror images of one another. PLAY’s headquarters will occupy all of the available space at building B, which was completed just a few months ago.
“Moving headquarters is an important moment in PLAY’s history. Our new office meets our employees’ most vital needs offering great location, good transport and a modern environment. Our new headquarters reflect the character of our company and I’m convinced that this will prove to be a perfect place for further creative work for us all” – said PLAY CEO Jean Marc Harrion.
The estate’s low-key buildings are significantly different from other offices that can be found around the Służewiec district thanks to their glass façades and large, sunny terraces which cascade down towards the complex’s green courtyard. NEOPARK offers an attractive metropolitan environment, and the diverse residential, office and service functions of this part of Mokotów make this a neighborly place for both work and leisure.
“The fact that such a big company as PLAY selected the NEOPARK complex for its new headquarters is proof that Yareal has adopted the right strategy. The Służewiec district has always been and will remain Warsaw’s true business district. The reason behind NEOPARK’s commercial success was that we tailored the location and the buildings’ characteristics to the needs of its tenants. We’ve designed a complex that’s composed of two low-rise, four-story buildings adorned with elegant façades and an open courtyard filled with lush greenery. All of NEOPARK’s future tenants are well-established companies and we are delighted to welcome PLAY as our new key tenant” – said Eric Dapoigny, President of Yareal Polska.
The JLL real estate company was involved as Landlord Representative during this transaction.
“I’m very glad that we could provide counsel with such an important process as moving PLAY’s headquarters to the NEOPARK complex. This transaction is evidence of global companies’ continued interest in the Służewiec district as a long-term business location. Numerous transportation upgrades, including the work on Marynarska Street, make this office hub an attractive option for prospective tenants” – said Karol Patynowski, Director of Office Real Estate at JLL.
The buildings that make up the NEOPARK office complex were completed in 2017 and 2018. They offer a total area of 24,000 sq. m. of contemporary class A office space. NEOPARK has been equipped with numerous environmentally friendly solutions, as confirmed by its “Excellent” BREEAM green building certification.
Yareal’s Strefa Wilanów the first residential complex awarded BREEAM Final Certificate
Yareal’s residential investment in Warsaw’s Wilanów district, which was completed just a few months ago, has just been awarded a BREEAM Final Certificate.
This is Yareal’s first multifamily residential development to pass the complete assessment carried out by BREEAM assessors – from certification of the investment’s project to post-construction evaluation. The BREEAM certificate awarded to Strefa Wilanów serves as a confirmation that the investment meets even the most stringent planning and building standards.
Strefa Wilanów, situated on a 3.5 ha plot of land next to the Wilanów District Hall, the most representative part of the Miasteczko Wilanów neighborhood, is the only BREEAM-certified residential complex in the district. Yareal’s investment is located around 300 m from King Jan III Sobieski’s summer residence, the Wilanów Palace – Villa Nova in Latin – after which the entire district takes its name. Strefa Wilanów achieved the highest score in the Land Use and Ecology category.
“What has earned our complex the BREEAM Final Certificate is a large interior patio with thousands of thoughtfully arranged shrubs, perennials and grasses as well as ornamental trees and flower beds. It is thanks to the biodiverse green spaces filled with indigenous climate-resistant plant species, environmentally-friendly design and low-density project that independent BREEAM assessors awarded Strefa Wilanów the highest score in the Land Use and Ecology category.” – explains Jacek Zengteler, General Manager at Yareal Polska.
Due to its excellent location, Yareal’s investment scored high marks in the Transport and Services category. There is a multitude of restaurants, stores, and service points at residents’ disposal, as well as outdoor gyms and a dog park, all in close proximity to the complex. Thanks to excellent public transport and road links and a vast network of pedestrian and bicycle lanes – partially funded by Yareal – Strefa Wilanów is exceptionally well-connected to other districts. Bike lanes that run by the complex lead to a scenic route along the Vistula river which connects the northern districts of Warsaw with the health-resort town of Konstancin, the picturesque landscape of the Urzecze microregion, and the Wyspy Zawadowskie Nature Reserve. Especially during the current pandemic, these sparsely populated areas are a popular trip destination and allow for the adherence to proper social distancing measures.
In the final BREEAM certification process, Strefa Wilanów scored high in categories that relate to managing the construction process, using building materials and managing waste. Nearly 75 % of all waste generated in the construction of the complex has been recycled. Household waste is stored in underground waste containers, from where it is transported to the surface using a special lift designed specifically for that purpose.
There is only a handful of residential investments with the BREEAM Final Certificate in Poland. It was not until a few years ago that Yareal decided that all of their new housing projects would undergo the rigorous certification process. In just 4 years, the company became an undisputed leader in sustainable building in Poland with 7 BREEAM-certified projects – nearly half of all BREEAM-certified investments in Poland. Strefa Wilanów is the first investment to pass the final assessment, which ends the several-years-long evaluation process and ensures Strefa Wilanów receives the final certificate. Yareal is currently seeking to obtain a BREEAM Final Certificate for the company’s other completed residential projects in Warsaw’s Szczęśliwice and Stare Włochy districts.
Strefa Wilanów, which was completed last autumn, comprises of 9 cozy residential buildings with 300 high-standard apartments. More information on the eco-friendly solutions employed by Yareal are available on the investment’s website: http://www.yareal.pl/strefa-wilanow-breeam.
Yareal is selling its flagship office investment in Warsaw’s city center
Yareal has signed a contract to sell the prestigious Nowogrodzka Square office building to a French fund managed by Amundi Real Estate.
The transaction includes an exclusive class A office building covering an area of 11,000 square meters, as well as an underground garage with 148 parking spaces. Nowogrodzka Square was opened in the fall of 2018.
“Nowogrodzka Square is Yareal’s flagship office investment and as such a lot of heart and effort went into its construction. We are certain that this investment will be in the right hands and we have complete confidence that this extraordinary building will serve to provide favorable working conditions to its tenants as well as increase the value of its owner’s portfolio. We can see now more than ever that modern working solutions, including openable windows, terraces and flexible office arrangement, are a necessity – especially in light of the constrains imposed by the ongoing global pandemic. This extraordinary office building is an amazing investment which, in the past, had been long-term leased by reliable tenants and will now go to a fund managed by Amundi Real Estate, a European leader on this market” – says Eric Dapoigny, the President of Yareal Polska.
Nowogrodzka Square is an exclusive 6-story office building that blends in seamlessly with the surrounding historical architecture. It is located a short walk away from Warsaw’s Central Railway Station. a spectacular urban walkway connecting Aleje Jerozolimskie and Nowogrodzka Street was created as part of the project. With ample greenery, numerous benches and restaurants, Nowogrodzka Square has been skillfully integrated into its historical surroundings, which are dominated by modernist brownstones from the early 20th century.
During the negotiations, Amundi Real Estate relied on support from acquisition advisors from Knight Frank, legal advisory from CMS and technical advisory from Sentient. Yareal relied on the services of experts from the CBRE consulting company, and on legal support from GIDE.
Nowogrodzka Square, which was constructed in less than 20 months, meets the rigorous requirements of the international BREEAM system for sustainable building, thanks to which the investment was awarded a BREEAM certificate with an “Excellent” rating. A green urban public walkway was created along the office building, connecting Aleje Jerozolimskie and Nowogrodzka Street. Moreover, Nowogrodzka Square was recently named Best Commercial Building and won the Grand Prix in the 2019 Architectural Prize of the Mayor of Warsaw competition.
For more information on Nowogrodzka Square, please visit: https://www.yareal.pl/nowogrodzka-square
Yareal will build new apartments in Warsaw’s Mokotów district
Yareal has launched sales of apartments in its latest residential project – Rezydencja Iwicka.
Construction of the new investment, which will be built in Warsaw’s Mokotów district, is to begin soon. Located at the corner of Iwicka and Krasnołęcka Streets, Rezydencja Iwicka will consist of 88 flats of different sizes, ranging from 40 sq. m. studio apartments to over 200 sq. m. penthouses. The estate’s four cozy buildings will seamlessly merge with the low-rise architecture and rich greenery characteristic of Lower Mokotów.
The new residential investment, located at the junction of Iwicka and Krasnołęcka Streets, will offer apartments with an above-standard height of up to 5.5 m; in the case of its top-floor penthouses with mezzanines. The estate’s compact four-story apartment buildings will be separated by three green courtyards, the most representative of which will be under an arcade situated next to the guest entrance and will double as a lobby. The buildings’ façades will face the property’s green interior, providing a sense of privacy for residents. Designed by the Maas Projekt studio, Rezydencja Iwicka will blend in seamlessly with the architecture of Lower Mokotów down to the smallest of details.
“The property’s corner building will include a large, multi-purpose common area equipped with a children’s play corner, a film screening area, a kitchenette and sanitary facilities and will be available exclusively to the estate’s residents so that they may, for example, host children’s parties, organize meetings of the homeowners’ association, or watch sports events together in the company of friends and neighbors” – says Jacek Zengteler, General Manager of Yareal Polska.
An adjacent room with a front desk will offer extra space for storing deliveries. Moreover, the investment will feature three commercial areas, as well as an underground car park with 110 parking spaces and around 50 storage units.
All Rezydencja Iwicka apartments will feature large, wooden windows, and some will be equipped with sliding windows with large glazing. These will open onto the complex’s lush greenery, which will include private gardens, balconies and loggias with glass balustrades. Looking up at the investment from the ground, the windows will get bigger with every floor, reaching a full height of two stories at the top-floor apartments with mezzanines
Detailed work will go into every inch of the estate, including the common areas, with all staircases and corridors being fitted with energy-efficient LED lighting. Discreetly located, shaded light fixtures have been specially designed to provide soft, understated illumination. The brownstone architecture of Dolny Mokotów served as inspiration for the project’s multi-hued and textured façade, which will fit in perfectly with the noble and natural color scheme typical of the district.
Yareal’s new residential project will be just a few minutes’ walk from the southern gate to the Royal Łazienki Park. Located in the vicinity of several tram and bus stops, Rezydencja Iwicka will provide direct access to over 30 public transport links. Its excellent location, public transport amenities as well as innovative design and technical solutions will ensure the investment receives a BREEAM sustainable building certificate with the highest rating of “Very Good”, which has been awarded only to a handful of residential investments in Poland thus far. Moreover, every owner of a Rezydencja Iwicka apartment will receive a cutting-edge smart home starter pack which will include wireless systems for remote home management from leading smart home solutions manufacturer FIBARO.
The construction of Rezydencja Iwicka is scheduled to commence in the second half of 2020. The investment is expected to be completed in the first half of 2022.
More information on the Rezydencja Iwicka estate, as well as on the green building solutions required
To achieve Very Good BREEAM certification are available on the investment’s website: https://iwicka.yareal.pl/.
SOHO by Yareal – a brand-new green investment with limited motor vehicle access
SOHO by Yareal is a multifunctional complex in Warsaw's Kamionek neighborhood which will connect a series of residential buildings, containing approximately 900 apartments, with an array of commercial outlets.
The center point of the SOHO by Yareal complex – Yareal’s largest residential investment to date – will be a linear park built on revitalized, post-industrial architecture that separates the residential area from commercial space. Yareal representatives recently laid the investment's foundation stone with the help from Warsaw's deputy mayor and representatives of the project’s designer and general contractor.
The implementation of the SOHO by Yareal project signifies the further revitalization of the post-industrial part of the Kamionek neighborhood; a process that began over a decade ago. The investment is an urban project for the development of over five hectares of former industrial space, whose past will be commemorated and integrated into the modern buildings. The first stage of the investment consists of the ongoing construction of the first multidwelling building – SOHO 18 – which will offer 131 apartments, over 70% of which have already been sold.
“Soho by Yareal is our flagship investment. The complex, the construction of which begins today, will combine many complementary functions. The first of the buildings – SOHO 18 – is a residential building with service areas on the ground floor. Additional buildings will be erected alongside Żupnicza Street and on Mińska Street to complement the development. I’d like to highlight that this project is more than just another housing estate – it is a carefully thought-out urban zone deeply connected with the area’s post-industrial heritage. These new apartments, supplemented with service points and commercial outlets, will serve new tenants as well as the area’s older residents alike. The creation of a linear park and our careful renovation of the surrounding historic buildings; whose value we will preserve and even try to emphasize, will serve as the perfect addition to our project’s new buildings” – said Yareal general manager Jacek Zengteler.
“The center point of the SOHO by Yareal complex will be a linear park spanning from east to west – a reference to the former post-industrial communication network and the greenery around it. This 200-meter long park, the heart of our urban project, will serve as a meeting place and a spot for rest and relaxation for local residents. Limited traffic in the area will provide maximum comfort. This green area will span across the entirety of the complex. It will separate seven residential buildings, whose appearance and lobby interiors will be stylized to mimic the neighboring post-industrial elements with the help of Corten surfaces, architectural concrete and brick, from any commercial space” – explains Soho by Yareal designer Błażej Hermanowicz from the HRA Architekci studio, which designed the complex and planned the revitalization and development of its surrounding historic buildings.
The largest residential investment in Yareal’s history will be erected at the intersection of Mińska, Chodakowska, Żupnicza and Bliska Streets. It will be located in the vicinity of Warsaw’s second-largest park – Skaryszewski Park and its Kamionkowskie Lake. Moreover, the “Mińska” metro station, planned as part of Warsaw’s new, third metro line is to be located at the intersection of Mińska and Stanisławowska Streets, which are just a few minutes’ walk away.
SOHO by Yareal is an unprecedented architectural project in Poland. It is the first investment in the country’s history to have to meet stringent requirements even during its planning phase. From the very beginning, the project will undergo very detailed certification under the BREEAM Communities system which is used to improve, measure and evaluate the social, economic and environmental aspects of green construction.
SOHO, together with Pozytywny Mokotów (ca. 700 apartments) and the LIXA office project (75,000 sq. m.), are Yareal’s three largest investments in Warsaw. They are a confirmation of the company’s confidence in the stability of the real estate market in the capital and show its readiness to actively participate in the process of revitalizing and creating new space in all of Warsaw’s zones by carrying out high quality housing and office projects.
Three Yareal offices with Excellent BREEAM certification
The Nowogrodzka Square office building and the NEOPARK office complex have been awarded their final BREEAM certificates for sustainable building,
while another Yareal office investment – the first stage of the company's flagship LIXA complex located near the Daszyński Roundabout – has received a BREEAM Interim certificate. All three properties have received the “Excellent” rating.
In the case of the two completed investments, Nowogrodzka Square and the NEOPARK complex, the BREEAM assessments carried out by independent assessors were in line with the projects’ objectives, which were to achieve a score of over 70 points. Both investments received the highest possible rating in the transport category due to their excellent locations and access to public transportation. Moreover, during their final review, which takes place as soon as an investment is completed, both of Yareal’s projects scored high in the “Land Use and Ecology” and “Health and Wellbeing” categories.
“The new year has given us plenty of reasons to be happy with our work, since shortly before obtaining its Excellent BREEAM certificate, the Nowogrodzka Square office building won the Grand Prix and an award for Best Commercial Building at the 2019 Architectural Prize of the Mayor of Warsaw competition. Moreover, the NEOPARK office complex, whose windows cascade down towards a central green courtyard, has just recently been fully leased with almost half of all available space going to a single tenant – telecommunications operator Play” – explains Eric Dapoigny, President of Yareal.
The third of Yareal’s projects to have been awarded the Excellent BREEAM certificate is the LIXA complex – the biggest flagship office investment in the company’s history which is currently being erected near the Daszyński Roundabout. The first stage of the project, whose design has just passed the first phase of the certification process, consists of two buildings which have already been purchased by a South Korean investor. Most of the first stage’s ca 29,000 square meters of office space will be occupied by the new headquarters of BNP Paribas.
Ultimately, the LIXA complex will offer 65,000 square meters of flexible office space that’s easily adaptable to the individual needs of tenants. Just as the two other BREEAM-certified investments, LIXA received the highest rating in the transport category, scoring a maximum of 100 points. Moreover, the project owes its high rating to high-quality urban planning and excellent sustainability. What will set this complex apart from other office buildings is its original and diverse architecture, as well as its green courtyard, which will serve as a friendly and open space with perfect conditions for both work and relaxation.
The construction of Yareal apartments in Mokotów begins
Yareal starts the construction of 3 cosy apartment buildings in Warsaw's Dolny Mokotów district.
In low, two-storey buildings, 93 apartments will be built. The Dolina Mokotów Residence, located near the ski-jumping hill in the Warsaw Protected Landscape Area, will be developed by Dwell Well Construction, a company from the Fundamental Group. As a general contractor, the Fundamental Group is currently completing another Yareal apartment building, erected in the centre of Warsaw at Sienna 65 street.
The site in Dolny Mokotów is another project which Yareal decided to entrust to the Fundamental Group. The choice of the general contractor was determined by the company's good cooperation with the developer to date and the high quality of work, which is a key condition for cooperation with Yareal.
The Dolina Mokotów Residence will be built below the Vistula escarpment next to the planned park covering several hectares, on green areas at the junction of two avenues - Sikorski and Wilanowska - where at least 60% of the area is to remain natural. All three buildings will be south-facing, positioned towards the green courtyards, directly adjacent to a large square. An intimate atmosphere will be created by the low, two-storey buildings and the design solutions used, where each of the staircases will have a maximum of 3-4 apartments on each floor. Almost 20% of all the units that were put on sale have already found a buyer.
"The Dolina Mokotów Residence offers, among others, a unique solution prepared by Yareal for multi-generational families or those who use the assistance of a permanent babysitter. We have designed units allowing for constructing an independent, additional entrance to the apartment, leading to a private part with a separate bathroom and a kitchenette. This type of apartment allows several generations of the same family to live together in one place, while at the same time ensuring independence and comfort for seniors in the care of their family as their closest neighbours," explained Yareal general manager Jacek Zengteler.
Most of the 93 apartments in the Yareal project are large, 4-room units ranging in size from 90 to 117 sqm, with oversized glazing and balconies and loggias stretching around the buildings. The Dolina Mokotów Residence also offers larger, even up to 140-metre, 5-room apartments and 2- and 3-room units (41-71 sqm). Each apartment can be connected to an independent air conditioning system. All the owners will receive a standard package of smart home management solutions. The Fibaro Smart Home System enables, among others, to control home devices with a smartphone or tablet.
Parking spaces for residents are provided in an underground car park. Some of the 127 spaces allow the installation of an electric car charging station with an individual energy consumption meter. The Dolina Mokotów Residence will meet the stringent requirements for buildings certified under the BREEAM sustainable building system. Yareal's investment project will be one of the first residential estates in Poland with the highest rating for multi-family buildings, at the Very Good level.
The first residents of the Dolina Mokotów Residence will be able to move into their apartments in late 2021. More information about the Dolina Mokotów Residence can be found at: https://www.yareal.pl/dolina-mokotow.