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Stawki 40: No vacancies - 100% let

Stawki 40
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Polski Gaz S.A., a leading Polish distributor of liquefied gas, has signed a lease for 271 sq m – the last remaining office space at the Stawki 40, Warsaw, owned by a European platform of International Pension Fund. Cushman & Wakefield is responsible for management and commercialization of the building on behalf of its owner. The tenant was represented in the negotiations by Sharman Church.

Polski Gaz S.A. is a specialist supplier of liquefied propane and propane-butane gases. With branches in Sosnowiec, Góra Kalwaria and Ugoszcz, it has the capacity to supply fuel to clients across Poland. Polski Gaz S.A. offers gas cylinders to private and institutional clients, autogas to fuel stations, gas deliveries for home and industrial installations, camping gas cylinders and forklift truck gas cylinders. It is also a leading provider of transshipment services at its terminals for Europe’s key LPG market operators. Its history dates back to 1929, a year in which the first LPG bottling plant was set up in Gdynia. Polski Gaz S.A. has operated in its current corporate form since 2001, when it separated from the DEC Group and consolidated with several other businesses.

Paweł Bielski, President of Polski Gaz S.A., said: Moving to our new headquarters is part of a wider growth plan for Polski Gaz. The location and the fit-out standard of our new office meet all the requirements to support our further rapid expansion. In the course of the lease negotiations and office fit-out the owner showed considerable flexibility and sensitivity to our needs.”

Stawki 40 is located in Warsaw’s Żoliborz district, close to the city centre and in the vicinity of the Arkadia and Klif shopping centres. Its other tenants include Budimex S.A., AVL Software and Functions GmbH, Emmerson S.A. and Centerscape Investments Poland sp. z o.o.

Kevin Craighead, Asset Manager, Centerscape Investments, representative of the owner, said:We are delighted Polski Gaz have chosen the building for its new HQ. We look forward to working with them and other clients in the building over the coming years, in the next exciting cycle of the building’s further developments.”

Dorota Mielke, Negotiator, Office Agency, Cushman & Wakefield, said: “The lease signed by Polski Gaz S.A. was the last step in the commercialization of Stawki 40, which gained another notable tenant”.