News

2019-09-03

Yareal to build the Pozytywny Mokotów estate in Warsaw’s Służewiec district

Yareal Polska is to start the first stage of the construction of the new Pozytywny Mokotów estate.


Two buildings, which will host a total of 125 apartments, will be erected at the corner of Postępu and Konstruktorska Streets. Nearly half of all the estate’s available apartments have already been sold. As part of the project’s first stage, Yareal Polska will rebuild a section of Postępu Street located near the estate, adding new pavement and a bike lane. Finetech Construction Sp. z o.o. has been chosen as this investment’s general contractor.

 

The new estate will be located on a 2-hectare plot that’s only a short walk away from the Galeria Mokotów shopping center. As part of the investment’s first stage, Yareal is building a 102-apartment housing estate at the corner of Postępu and Konstruktorska Streets. Another building with the capacity of 23 apartments will be built right next to it. The real estate developer still has apartments ranging from 34 to 108 m2 on offer.

 

"Pozytywny Mokotów fits perfectly into the district’s transformation plan, which has been in the works for several years. People who work in nearby offices or invest in apartments for rent tend to most willingly buy real estate located in the Służewiec district. Yareal's investment doesn’t just include residential and commercial premises, but also an internal garden around which the entire estate will be based. All of the estate’s buildings will have access to this over 200-meter-long pedestrian zone, which will feature a garden that will complement the estate with its carefully selected greenery. This zone will feature both community areas with squares and playgrounds, as well as private gardens" – explains Jacek Zengteler, Yareal Board Member responsible for the development of the company’s housing investments.

 

many positive changes have taken place in the Służewiec district over recent years, leading to an elevation in the area’s role as a residential zone and the improvement of its infrastructure. Thanks to numerous housing investments, the district’s post-industrial-office character has finally been dispelled. Moreover, it is now much easier to commute by car, public transport, or tram now that Marynarska Street has been rebuilt. A project to create a linear park along the former railway siding from Suwak to Postępu Streets is also in the works.

 

Ultimately, Pozytywny Mokotów will include 7 buildings offering over 600 apartments. These apartments will be of the most sought-after type, i.e. small- and medium-sized flats. Building frontages will feature both commercial and community spaces.

 

An underground garage for the estate’s first phase will offer 148 parking spaces, some of which will be equipped with individual electric car charging stations. The Pozytywny Mokotów project has been certified with the BREEAM sustainable development certificate and has been awarded a Very Good grade. This is the highest grade that has been awarded to only a handful of housing investments in Poland. Moreover, as a standard, all apartments will be equipped with smart home management solutions developed by the industry-leading company Fibaro.

 

The first stage of the Pozytywny Mokotów estate is scheduled for completion in the second quarter of 2021. The next phase of the investment is scheduled to begin next year. Hermanowicz Rewski Architects, a very reputable architectural studio, is responsible for the investment’s architectural design.

 

More information on the Pozytywny Mokotów estate, on demonstration apartments found at the Yareal sales office on Konstruktorska Street, and on BREEAM-required green solutions can be found under: https://yareal.pl/pozytywny-mokotow.

Contract
2024-03-13

Construction begins on the penultimate phase of SOHO by Yareal in Warsaw's Kamionek district

Construction of the fourth and penultimate phase of the SOHO by Yareal development in Warsaw's Kamionek district has begun.


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This phase includes the construction of two high-standard apartment buildings, which will complete the SOHO development line along Żupnicza Street. Additionally, a more secluded apartment building will be built, with windows opening directly onto the investment’s central, linear park. By the end of 2025, nearly 300 apartments with commercial premises on the ground floor will be completed within the Yareal complex. Kalter has been selected as the general contractor for the project.

 

Two new buildings, named SOHO 10 and SOHO 12, are set to be constructed on the last undeveloped part of the SOHO plot along Żupnicza Street. These buildings will complete the streetscape with their Corten steel finishes and unique decorative patterns. The façade of the apartment building that faces the park will feature clinker brick, which will resemble the neighboring RUBIN apartment building and the site's industrial heritage. The SOHO by Yareal multifunctional complex is being built amidst former industrial buildings that housed factories and various production facilities for over a century. The complex now includes a 300-meter-long, fully landscaped linear park that connects the new and historic structures. This park, which opened at the end of last year, forms the green heart of SOHO, featuring thousands of plants, over 100 trees, squares, mounds, and benches.

 

The apartments in our flagship project have attracted considerable interest, further heightened last autumn by the opening of the newly created park, which acts as a natural, green hub for the entire multifunctional complex. In the month since we began sales in SOHO 12, nearly 25% of the apartments have already found buyers. And we are just starting construction” – explains Jacek Zengteler, President of Yareal.

 

The varied heights of the buildings in SOHO by Yareal have led to the creation of cascading terraces that provide scenic views of both the park and the internal garden courtyards from the upper floors. The fourth phase of the development offers a diverse range of apartments, including cozy studio units and expansive 170 sq.m. penthouses with breathtaking four-direction views and verdant terraces. Later this year, the final boutique apartment building, located directly beside the park, will make available for sale 17 beautiful apartments.

 

SOHO by Yareal is a mixed-use complex that combines residential spaces with green recreational areas, a wide range of services, and dining options in dozens of rental units situated along the park's green axis. The linear park, which has been accessible to the public since last year, aims to meet most of the needs of its residents and visitors following the "15-minute city" concept. SOHO by Yareal has been designed with pedestrians and cyclists in mind, and has eliminated car traffic by redirecting it to several underground garages. The green spaces are equipped with a water retention system that collects rainwater in underground tanks, which then feeds an automatic irrigation system for the lawns and over 17,000 shrubs, perennials, grasses, and trees that are interwoven with the new and historical architecture. The final phase of the investment includes the renovation and repurposing of historic post-industrial buildings.

 

Around 900 families residing in the SOHO by Yareal apartments and homes will have access to a range of trade, service, and dining offerings, such as restaurants and cafés. The development spans across 5 hectares and is bordered by Mińska, Chodakowska, Żupnicza, and Bliska Streets. Skaryszewski Park, one of Warsaw's largest parks with Kamionkowski Lake, and the Warszawa Wschodnia Railway Station are located nearby. Also, the third metro line station, "Mińska," is set to begin construction in 2028 near Mińska, Podskarbińska, and Stanisławowska Streets, just a few minutes walk away. The SOHO by Yareal urban project has been awarded the first-ever BREEAM Communities certificate in Poland, thanks to its sustainable solutions, such as using low-emission concrete and exclusively renewable energy sources. The project was developed after consultations with the heritage conservation officer, local authorities, and the community.

 

Kalter, a general contractor with 20 years' experience in residential developments, has been selected as the contractor for the fourth phase of the development. Over the past eight years, Kalter has built almost 500 flats for Yareal in three developments in Mokotow, Saska Kępa and Wilanów.

 

For more information about SOHO by Yareal, please visit the project's website: https://www.yareal.pl/sohobyyareal.

Contract
2024-03-01

LIXA D welcomes a new office tenant

A dynamically growing fintech company has leased nearly 2,600 m2 of office space in the LIXA D building, which is being erected as part of an office complex near the Warsaw’s Daszyński Roundabout.


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The new tenant will occupy over 25% of the building’s commercial space.

I am very pleased with signing the lease. It means that another new technology company, occupying as much as 25% of the LIXA D building, has joined our tenant roster. Closing of this transaction proves that the LIXA complex meets the expectations of the most demanding clients. During the negotiation process, we were focused on the tenant’s needs, which translated into efficient closure of the deal and reaching an agreement. We are looking forward for our new tenant to move into its newly finished office. This is clear evidence that the LIXA development meets the highest standards in terms of space arrangement, technical equipment and location, as well as the offer of the service and retail outlets located on the ground floor of the buildings,’ said Marta Zawadzka, Leasing Director at Yareal Polska.

The offices of the new tenant in LIXA D will be arranged on 2,600 m2 of space located on
the 4th and 5th floor of the building. The company will move into the office building at the end of 2024.

The LIXA D office building is the last building being erected as part of the largest office complex in the Yareal Polska’s portfolio. It is being developed on the west side of the publicly accessible LIXA City Gardens walkway, tying the entire complex together. LIXA D will deliver nearly 10,000 m2 of modern office space to the Warsaw market and will be ready to welcome tenants at the turn of the Q1 and Q2 of 2024.

The LIXA D building fits perfectly with Yareal Polska’s ESG-compliant sustainable development strategy. The project is powered by electricity from renewable sources. In addition, some of the environmentally-friendly, energy-saving solutions applied in the development include low-emission concrete and low-carbon recycled aluminium aimed at reducing the carbon footprint, and rainwater collection to irrigate vegetation. LIXA D as well as other parts of the complex will feature tilt windows, which will allow access to fresh air and, at the same time, help limit the use of air conditioning. What is more, high-speed energy recovery elevators, as well as modern LED lighting will be installed in LIXA D.

The underground part of the last stage of LIXA (including LIXA D and E buildings), which is under construction right next to a representative pedestrian walkway forming a new passage between Kasprzaka and Giełdowa streets, will have a total of 217 parking spaces. Some of them will be equipped with electric car chargers. Racks as well as showers and lockers are provided for tenants biking to work.

The LIXA office campus is being developed in stages in the Warsaw business hub in the centre-adjacent part of the Wola district, just a short walking distance from the Rondo Daszyńskiego metro station. The campus was designed by a renowned architectural studio HRA Architekci. Both the existing buildings and the LIXA D office building under construction are certified under the BREEAM green building system, with an Excellent rating. In addition, the LIXA development was awarded the WELL Health-Safety certificate, confirming its high standard of safety procedures. Once the LIXA D office building is completed, LIXA will form a complex of five buildings with a total area of 77,000 m2.

Contract
2024-02-27

More companies choose LIXA E

A leading manufacturer of aluminum systems in Europe, Aluprof SA, has joined the tenant roster in the LIXA E building.


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The 340 m2 of modern space located on the ground floor of the building will house the company’s office and Aluprof’s first showroom in Warsaw. The LIXA E building has also been chosen by the medical communications agency Unique Work for its new headquarters. The company has leased nearly 285 m2 of space, also on the ground floor. Next to the company’s office, there will be a state-of-the-art recording studio. The newest office building of Yareal Polska’s flagship investment is already more than 70% commercialized.

The LIXA E office building was erected as part of an office campus near the Daszyński Roundabout in Warsaw. It was developed on the west side of the public walkway LIXA City Gardens, tying together the entire LIXA complex, which will ultimately consist of five buildings with a total area of 77,000 m2. The LIXA E building has delivered nearly 18,000 m2 of modern office space to the Warsaw market.

We are very pleased to have entered into more agreements at LIXA E and are happy to welcome Aluprof SA and Unique Work among the tenants of our office project. These companies being attracted to LIXA and their planned space arrangements depict perfectly well the multi-functionality of our complex. Very well-connected, with excellent visitor accessibility and exposure, it is an ideal location not only for traditional offices, but also for spaces such as a showroom or recording studio. I am confident that our new tenants will appreciate the comfortable environment offered by LIXA for business development,” said Marta Zawadzka, Leasing Director at Yareal Polska.

Aluprof SA is part of Grupa Kęty SA. The company is one of the leading manufacturers of aluminum systems in Europe. It has subsidiaries in several European countries, as well as in the United States. With more than 70 years of experience, Aluprof SA has continuously been accommodating more than 1,900 clients from various industries.

The ground floor of LIXA E will be home to Aluprof SA’s office and the first Warsaw showroom for this recognized brand. It will be a place where architects, manufacturers and clients alike will have the opportunity to see Aluprof products in attractive arrangements. The lease agreement for 340 m2 of space in the LIXA E office building was signed for seven years. Brookfield Partners advised the tenant in the negotiation process.

The leading medical communications agency Unique Work has also chosen LIXA E. The company has many years of market experience and specializes in comprehensive marketing services for entities in the medical, pharmaceutical or Healthcare & Beauty sectors.

Unique Work has leased premises of 285 m2 in area at LIXA. They will house the company’s office and a state-of-the-art recording studio. Unique Work was advised in the negotiations with Yareal Polska by Patron Brokers, and the lease agreement was entered into for five years.

The LIXA E building was delivered in January 2024; like the remaining parts of the complex, it was completed in accordance with a sustainability strategy that puts ESG standards at the forefront. During the construction of the office building, only electricity from renewable sources (onshore wind farms) was used. The same sources of energy will power the building during its operation later on. Among others, low-carbon concrete for the entire structure as well as recycled low-carbon aluminum on the façades of the complex were used. In addition, the office building is designed with openable windows, which will reduce the use of air conditioning while still providing fresh air; high-speed energy recovery passenger lifts were installed inside the building, along with modern LED lighting. Rainwater will be collected to irrigate shrubs, perennials and lawns in public gardens. An ornamental pond will be created in the courtyard, where water mist will be sprayed on hot days.

The LIXA office campus is being developed in stages in the Warsaw business hub in the Wola district near the city centre, just a short walking distance from the Rondo Daszyńskiego metro station. The campus was designed by the renowned architectural studio HRA Architekci. Both the existing buildings and the last LIXA D office building under construction are certified under the BREEAM green building system, with an Excellent rating. In addition, the LIXA development was awarded the WELL Health-Safety certificate, confirming its high standard of safety procedures.

Contract
2024-02-22

Yareal Announces Launch of Apartment Sales in New SOHO Building

Yareal is pleased to announce the commencement of sales for 180 apartments in the newest addition to the SOHO by Yareal project, located in the Kamionek district of Warsaw.


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The SOHO 12 building is set to enhance the architectural continuity of the area, complementing the streetscape alongside SOHO 10 and the recently unveiled SOHO 14 and SOHO 16. The groundbreaking for this latest phase is eagerly anticipated this spring.

 

SOHO 12 marks the culmination of the metropolitan façade at the northern edge of the SOHO by Yareal complex, situated on Żupnicza Street. It will reside between SOHO 10 and SOHO 14, seamlessly extending their design ethos, which reverberates with the site's industrial legacy. The façade facing the street will feature white plaster adorned with distinctive motifs, while the park side will boast brick tile finishes. The ground floor will incorporate Corten, previously utilized in neighboring structures, offering a unique aesthetic thanks to its its rust-colored patina.

 

„SOHO 12 stands out with its engaging façade that harmonizes with the overarching SOHO by Yareal concept. The diverse range of apartments, from one-bedroom to five-bedroom penthouses, spans from 30 sq. m. to 130 sq. m. The building’s varied height, spanning six to eight floors, allows for numerous apartments to enjoy spacious terraces. Echoing the design of adjacent buildings, SOHO 12 will gracefully descend towards the park, creating serene green courtyards. The recently inaugurated linear park and meticulously finished communal spaces further enrich the project's vibrant architecture and multifunctional essence,"  – explains Jacek Zengteler, President of Yareal.

 

Construction is slated to start this spring, introducing an elegant lobby as the main entrance and a strategically placed underground garage entrance off a parallel alley to Żupnicza Street. The ground level will feature five retail spaces, including three street-facing shops and two park-facing units, ideal for gastronomic ventures such as cafés or restaurants, complete with outdoor seating areas for guests.

 

SOHO by Yareal is set to evolve into a vibrant, multifunctional complex, centered around a 300-meter linear park, unveiled in December 2023. This green corridor, adorned with nearly 17,000 plants and over 100 trees, alongside landscaped squares and benches, has been developed to enrich the community's quality of life. Last year, residents were treated to new amenities including a community garden and a children's playground, meticulously designed to reflect the local community's aspirations. An innovative rainwater collection system ensures the sustainable irrigation of these verdant spaces.

 

The expansive 5-hectare SOHO by Yareal complex, comprising upscale apartments and condominiums, is poised to become home to approximately 900 families. Embracing the "15-minute city" philosophy, the development integrates residential, commercial, and leisure facilities, offering a holistic urban experience. This flagship project caters to the evolving demands of residents and visitors, fostering a lively communal atmosphere with accessible recreational spaces.

 

Adjacent to this dynamic complex is Skaryszewski Park, one of Warsaw's largest green spaces, enhancing the locale's appeal along with the nearby Kamionkowski Lake. The forthcoming Mińska metro station, located a short walk away, promises enhanced connectivity. Yareal's commitment to sustainable and responsible development has been recognized with the prestigious BREEAM Communities certification, underscoring the project's high standards in urban design and environmental stewardship.

 

For more information about SOHO by Yareal, visit the project's website: https://www.yareal.pl/en/sohobyyareal


Contract
2024-01-31

LIXA E with use permit

The LIXA E office building, built as part of the office complex near Warsaw’s Daszyński Roundabout, has been granted a use permit.


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The building developed by Yareal Polska has provided the Warsaw market with almost 18,000 m2 of modern office space, designed and executed in line with the sustainable development strategy.

 

The LIXA complex located in the business heart of Warsaw, in the close Wola district, is the largest project in the Yareal Polska’s office portfolio. Upon completion, the complex will comprise five buildings totalling 77,000 m2. LIXA E, which has just been granted a use permit, has been developed as part of the final phase of campus.

 

LIXA E, located on the west side of the public passage LIXA City Gardens and linking the entire complex, has provided the Warsaw market with almost 18,000 m2 of modern office space, highly popular amongst tenants already at this stage. The occupancy rate in the LIXA E building is over 70%, and Yareal Polska is conducting advanced talks with businesses interested in having their future seats at LIXA.

 

We are more than happy that 1.5 years from breaking ground, we may announce that LIXA E, another building in the LIXA complex, has been granted the use permit. LIXA E perfectly answers the current expectations of tenants and fits the profile of a friendly workplace. The campus-like development, one of the biggest currently available in the market in terms of the floor area, i.e. 3,400 m2, hence giving the tenants freedom in arranging the space, offering numerous green areas, well-thought-out technology or functional solutions, including tilt windows, makes LIXA stand out. An eye-catching asset of our complex is also the LIXA City Gardens concept which is unique in the market. A wide and varied retail and F&B offer, including restaurants, pubs, bars, cafés or showrooms, makes it a vibrant place not only during the working day, but also after hours. We are delighted that our project is so well perceived by the tenants,’ said Marta Zawadzka, Leasing Director at Yareal Polska.

 

The LIXA E building, just like other parts of the complex, was delivered in line with the ESG-compliant sustainable development strategy. Both during the construction phase and subsequent operation, the building has been and will be powered by electricity from renewable sources only, i.e. onshore wind farms.

 

What is more, low-carbon concrete for the entire structure as well as recycled low-carbon aluminum on the façades of the complex were used. In addition, the tilt windows designed for the office building will allow limited use of air conditioning; high-speed energy recovery elevators, as well as modern LED lighting were installed inside the building. Rainwater will be collected to irrigate shrubs, perennials and lawns growing in public gardens. A decorative pond will be made in the courtyard, around which water mist will be sprayed on hot days.

 

The underground part of the final stage of LIXA (which includes LIXA D and E buildings), which is under construction right next to a representative pedestrian walkway forming a new passage between Kasprzaka and Giełdowa streets, offers a total of 217 parking spaces. Some of them are equipped with electric car chargers. Racks as well as showers and lockers are provided for tenants biking to work. With this particular stage of LIXA in mind, Yareal Poland has also renovated the neighbouring streets, including a part of one of the key arteries of Warsaw’s Wola district – Kasprzaka street. In spring, renovation of the entire Giełdowa street will begin.

 

The LIXA office campus was designed by the renowned architectural studio HRA Architekci. Both the existing buildings (including LIXA E) and the LIXA D office building under construction are certified according to the BREEAM green building system, with an Excellent rating. In addition, the LIXA development was awarded the WELL Health-Safety certificate, confirming that the complex meets the highest requirements for safety standards and procedures.

 

The last building comprising the LIXA complex (LIXA D office building) is still under construction.
LIXA D is scheduled to be commissioned at the turn of Q1 and Q2 2024.

Contract
2024-01-10

Yareal Obtains Financing for Additional LIXA Office Buildings

Yareal Polska and BNP Paribas Bank Polska have successfully concluded credit agreements totaling 63.8 million euros, enabling the development of the prestigious LIXA office project.


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The funds will be predominantly allocated to finance the subsequent two phases of the LIXA campus office complex, which is under development in the business hub of Warsaw's Wola district. Additionally, the funding will provide Yareal with extra capital for acquiring new land and initiating more investment projects.

 

The construction of two more office buildings, LIXA D and E, will be undertaken with the backing of BNP Paribas Bank, continuing the longstanding collaboration established in the initial phases of Yareal's most significant investment to date. In the project's initial phase, completed three years ago, Yareal constructed the 22,000 sq. m. headquarters for BNP Paribas Bank. With credit agreements close to 64 million euros supporting the project's continued development, BNP Paribas is expanding its involvement in the LIXA project.

 

The signing of these additional financing agreements symbolizes the enduring trust and deepening relationship between Yareal and BNP Paribas. Our previous successful collaborations in the development of the LIXA office complex affirm our belief in the project's positive market reception, and we anticipate that its upcoming phases will further enhance this standing” – remarked Marek Kowalski, Head of Structured & Real Estate Finance Poland at BNP Paribas Bank Polska.

 

We are also united in our commitment to sustainable development and adherence to ESG standards. In LIXA, this is reflected in our use of eco-friendly technologies and the creation of flexible, comfortable office spaces, alongside green areas and a range of services that enable tenants to efficiently manage day-to-day tasks and relax in the LIXA gardens” – adds Marek Esz, Deputy CFO of Yareal Polska.

 

Yareal's flagship project is situated near Rondo Daszyńskiego in the capital city’s Wola district. When completed, it will consist of five office buildings with a total area of 77,000 sq. m., creating a campus-style complex centered around two lush courtyards. The first three office buildings, A, B, and C, offering a rental area of 48,000 sq. m., have already been finished and fully commercialized. The concluding phase, office buildings D and E, is rising on the western side of the metropolitan LIXA City Gardens passage, which unifies the entire complex. This 150-meter pedestrian zone connects Kasprzaka and Giełdowa Streets and is currently populated with new rental spaces offering services, dining options, and retail stores.

 

The LIXA complex, designed by the acclaimed HRA studio, has been certified in the BREEAM international sustainable building system, receiving an Excellent rating. This achievement is partly due to the implementation of various eco-friendly technologies and solutions. Aligning with ESG principles, the construction utilized low-emission concrete and hundreds of tons of low-emission recycled aluminum with a minimal carbon footprint. Yareal is also certifying the office complex under the WELL Health-Safety system, confirming the adherence to the highest safety standards, a crucial consideration, especially in light of pandemic risks.

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Yareal's world

The entire investment, including the buildings, the usable space around them and the surroundings, has been designed to provide the residents with maximum comfort of use.

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Construction of the fourth and penultimate phase of the SOHO by Yareal development in Warsaw's Kamionek district has begun.

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Yareal Polska is a long-established, quality-leading real estate development company specialising in the high-end residential and apartment segment. The company has a strong capital position

and strong shareholder support. Since 2005, we have been actively involved in the Polish Association of Developer Companies PZFD. As a member of the PZFD, we adhere to a code of good practice. We are committed to maintaining the highest quality standards.

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ESG is one of the key terms for real estate developer projects which directly impacts the management and corporate responsibility of the business.

Sustainable development has been one of the foundations of Yareal's growth from the very beginning. We are aware of the great responsibility arising from new projects and functions which define the conditions and comfort of living in the city for decades to come.

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