Ghelamco sells The Warsaw HUB to Google

Ghelamco has announced the sale of office buildings together with a retail and service passage in The Warsaw HUB complex. Google Poland is the purchaser, one of the main tenants of the building.

The Warsaw HUB is a multifunctional skyscraper complex developed in the most dynamically developing part of Warsaw at Daszyńskiego Roundabout. The Warsaw HUB, developed and constructed by Ghelamco, is one of Europe’s most technologically advanced buildings.

Google Poland becomes the owner of the office part, the retail and service passage as well as the underground part of the complex. The transaction value will be determined on the day of signing the final agreement and is expected to amount close to EUR 583 million.

Ghelamco was advised in the transaction by CBRE.

Google Poland is at the same time one of the main tenants of the complex and occupies over 20,000 sqm of office space. (More about Google’s investment in Poland in the company’s official announcement).

“Our goal is to create buildings that are sustainable , accessible to all, and that fit into the urban environment. This is exactly what The Warsaw HUB is. We are proud that Google decided to have its headquarters there and at the same time bought this property”, says Jeroen van der Toolen, Managing Director for Central and Eastern Europe at Ghelamco.

“The sale of the Warsaw HUB, the largest single office transaction in the history of the Polish and CEE markets, is further affirmation of the strength of the Polish office investment market. CBRE is hugely proud to have led such a landmark transaction between two of our most important clients, which firmly cements Warsaw’s position among the core investment markets globally”, adds Sean Doyle, Head of Property Investment at CBRE.

The following companies, apart from Google, are the tenants of the complex, including: Standard Chartered, Cushman & Wakefield, Getin Noble Bank, GATX, Atradius, Elanco, Oracle, Huuuge Games and OmniOffice. The Crowne Plaza and Holiday Inn Express hotels, which remain to be run by Ghelamco, are in one of the complex’s three towers.

About The Warsaw HUB

The Warsaw HUB is an award-winning complex located at Daszyńskiego Roundabout in the most dynamically developing part of Warsaw. It consists of three buildings: an 86-metre-high hotel building and two 130-metre-high office towers connected with a common five-storey podium.

The modern architecture of the building is the work of the renowned AMC studio of Andrzej Chołdzyński, designer, among others, of the Warsaw Stock Exchange. The interiors of The Warsaw HUB were created by the award-winning Przemysław ‘Mac’ Stopa together with the team of Massive Design.

The buildings are powered by Signal OS, an enterprise-ready platform that integrates all building systems, mobile access control, and parking management. Tenants also enjoy a mobile application, which is an integral part of Signal OS.

The building has numerous certificates. The International WELL Building Institute™ (IWBI) has officially confirmed that the offices, retail and service passage as well as hotels in The Warsaw HUB complex are among the safest in the world, awarding them with a WELL Health-Safety Rating certificate. The building is environmentally friendly, as confirmed by the BREEAM certificate on the Excellent level. The complex is also certified as ‘Building without Barriers’, confirming the full architectural accessibility and friendliness for all users of the buildings, including people with disabilities, parents with children, the elderly and people with temporary disabilities.

Thanks to the location of the building, its tenants and clients may use numerous means of transport, including extensive public transport (metro, railway, trams, buses) and bicycle infrastructure. Tenants have at their disposal a spacious parking lot, independent from the car park, for 420 bicycles, equipped with changing rooms with lockers and showers.