The extension of the lease contract by Publicis Groupe in the Platinium Business Park complex has been so far the biggest lease transaction concerning office space on the Warsaw real estate market this year. Eight companies of the group will occupy nearly 14 000 sq. m, thus extending the offices by 1600 sq. m.
Eight companies of the group own their registered offices in five different buildings on the area of the whole Platnium Business Park complex. Each company has its own individual character and area of business activity, thus they have different expectations towards the occupied office space. Due to the size of this complex, we are able to quickly react on the changing needs of Publicis and guarantee development to all eight entities within one office complex. This factor was one of the key factors in the process of making a decision about extension of the foregoing lease contract – says Dariusz Domański, Junior Partner, Director of Development and Lease of White Star Real Estate.
Publicis Groupe is a French advertisement group. It includes advertisement agencies, media houses and other entities which deliver services in the area of advertisement. It constitutes one out of the four biggest advertisement groups in the world. The company is recorded on the European stock exchange Euronext and American NYSE. The group also includes the global advertisement agencies such as Publicis Worldwide, Saatchi & Saatchi or Leo Burnett.
Publicis was represented by Savills during the transactions process, whereas the owner of the complex was represented by White Star Real Estate.
Platinium Business Park is an office complex owned by the German Allianz Real Estate fund. It is situated at the crossroads of Domaniewska and Wołoska Streets in Warsaw. The park is composed of five separate office buildings class A of the total size amounting to 58 200 sq. m.