Warsaw Trade Tower has leased 3757 sqm of new office space to its tenant: the insurance company AXA. After the expansion, the company is going to lease a total of 15,560 sqm of modern office space in WTT. The company responsible for the commercialisation of the building is the international consulting firm Colliers International, which represented WTT’s owner – the Akron Investment Central Eastern Europe II fund, and its asset manager – the Heitman company. The tenant was represented by Cushman & Wakefield.
It is safe with WTT
The insurance company AXA, one of the biggest tenants in Warsaw Trade Tower, has signed an agreement to lease additional 3760 sqm in the building. So far, AXA has been leasing 11,800 sqm, however, starting from July, it is going to occupy a total of 15,560 sqm of modern office space in WTT. The bigger office will house all AXA’s employees from Warsaw. Some of them have been working in a building occupied by Liberty Ubezpieczenia, which was taken over by AXA in September last year. The company that represented WTT’s owner – the Akron Investment Central Eastern Europe II fund, and its asset manager – the Heitman company, was the international consulting firm Colliers International. The tenant was represented by Cushman & Wakefield.
More than an office: a common canteen, activity room and electric cars.
A convenient location, attractive lease prices as well as flexibility and possibility to modify office space are the main factors that companies take into consideration while looking for their new seats. However, Warsaw Trade Tower offers so much more. Not only is it the historic icon of Warsaw’s office buildings but also the pioneer of the transition of the post-industrial Wola to the Central Business District (CBD). As the first office building in Poland it introduced free rental of electric cars for its tenants. As a part of a total modernisation and rebranding process, it provided the tenants with a common canteen, an activity room as well as event and conference space on the 35th floor. The introduced changes, all aimed at employee well-being, together with the location of the building in the fastest developing business quarter of Warsaw have earned WTT its tenants’ appreciation.
The insurance company AXA has been leasing office space in Warsaw Trade Tower for 10 years now. Our tenants’ growth is the reason why we feel proud. Especially, when we can help them grow also through our own growth and the introduction of new amenities that improve the comfort of work in our office building, says Izabela Kapil, Vice President Portfolio Management – Europe.
Warsaw Trade Tower (WTT) was constructed in the late 90s as a pioneering architectural project. Its total height equals 208 m and its roof at the height of 184 m makes it the tallest office building in Warsaw. The skyscraper dominated the panorama of Warsaw for many years and has been setting trends since it was constructed. It has become the symbol of quality and prestige. In the years 2015-16, the building was modernised in accordance with a wide spectrum of the needs of its tenants. The task was conducted by a working group consisting of architects, real estate commercialisation advisors and branding experts. As a result of the changes the building has gained a range of facilities, e.g. in the area of common space and its surroundings. Additionally, the building has successfully passed the process of environmental certification by means of the BREEAM In-Use method and has earned the mark Very Good in the Asset Performance category. The list of WTT’s tenants includes, among others: American Express Poland, AXA, BP Europe, Castrol, MSD, Grupa Azoty and Qatar Airways.
Warsaw Trade Tower is the icon of pioneering architectural solutions among Warsaw's office buildings. It was built between 1997 and 1999 by the Korean conglomerate Daewoo as the company's seat with a spacious podium for its car salon. The decorative details inside the building were inspired by the American design of the 20s and 30s with elements of Chicago architectural style. The building currently belongs to the Akron Investment Central Eastern Europe II fund and the Heitman company functions as its Asset Manager.