Saturday, 2 May 2026
IAG GBS Poland has extended its lease at O3 Business Campus in Kraków, where it occupies 2,246 sq m of office space. Savills advised the tenant during the renegotiation process.
The decision followed an analysis of relocation options and a comparison of total occupancy costs across alternative buildings. The advisory process also included a review of employee needs and potential adjustments to the office layout.
The renegotiation focused on reducing operating costs and improving cost predictability, while maintaining flexibility for potential future expansion.
Wojciech Mazur, Associate in the Office Agency Department at Savills, said: “In the current market conditions, the decision to relocate isn’t always the most effective solution. Increasingly, the best results are achieved through a rigorous analysis of total costs and renegotiation of terms in the current location. In Krakow, we’re seeing a growing willingness among landlords to adopt a flexible approach, especially with established tenants from the business services sector.”
Piotr Tomaszewski added: “As a shared services center supporting the operating companies of International Airlines Group, we prioritize efficiency and stability. The decision to extend our lease in Krakow is the result of a detailed analysis of our needs. We are pleased that the negotiated terms not only allow us to optimize costs but also provide space for further growth within IAG’s structure in Poland.”
From the landlord’s side, EPP noted the importance of tenant retention. Olga Adamek said: “The best proof of the quality of a location is the decision to stay, and IAG GBS Poland’s lease extension at O3 Business Campus is precisely that. In the case of O3, we’re talking not only about the address but also about a proven operating environment and the relationship with the tenant, which we have been building since day one. We want companies that choose O3 to feel that their working and business conditions are as important to us as they are to them.”
IAG GBS provides financial, HR and operational services to airlines within International Airlines Group, including British Airways, Iberia, Vueling and Aer Lingus.
