Kochański & Partners has extended its office lease at the prestigious Metropolitan Warsaw building, ensuring its presence at Piłsudski Square until 2030. The firm, which has called the landmark building home since 2011, was supported by a team of advisors from Savills in analyzing market options and negotiating the new lease terms.

Over the years, as Kochański & Partners has expanded, so has its office footprint within the building, now occupying over 2,100 square meters. Situated on the Royal Route near Saxon Garden, Metropolitan Warsaw provides an ideal working environment for the firm’s team of nearly 200 professionals. The firm’s areas of expertise include infrastructure, global finance, capital markets, data economy, decarbonization, ESG, and emerging technologies such as artificial intelligence.

Piotr Kochański, Managing Partner at Kochański & Partners, expressed his satisfaction with the lease extension, highlighting the firm’s deep connection to the location. “We are happy to stay at home, because for years this is how we have felt at Piłsudski Square. The unique location, world-class architecture, and outstanding management make Metropolitan Warsaw the perfect place for our continued growth,” he said.

The decision to extend the lease was met with congratulations from Savills, whose Head of Tenant Representation, Office Agency, Jarosław Pilch, praised Metropolitan Warsaw’s enduring appeal. “The Metropolitan is a unique building, a brand in itself. Thanks to its prime location, top-tier standards, and exceptional amenities, it remains one of the most sought-after office spaces in Warsaw, attracting industry leaders from Poland and abroad,” Pilch remarked.

Metropolitan Warsaw, offering a total of 33,722 square meters of premium office space, is known for its blend of modern functionality and historic charm. The complex also includes luxury boutiques, a prestigious fitness club, and a spacious underground garage with 441 parking spaces, including electric vehicle charging stations. Public parking is also available, catering to visitors exploring the city center.

For those commuting by bicycle, the building is well connected to Warsaw’s extensive cycling network, with convenient routes along Marszałkowska Street, Krakowskie Przedmieście Street, and the Kasprzaka-Prosta-Świętokrzyska corridor. The property offers full cycling infrastructure, supporting eco-friendly commuting options.

Metropolitan Warsaw has been recognized for its superior quality and environmentally friendly features, holding a BREEAM Excellent certification, a WELL Health-Safety Rating for workplace safety, and a WiredScore Platinum certification for its advanced digital connectivity and emergency preparedness.

Joanna Kowalska-Szymczak, CEO of EBRU Capital, the asset manager of Metropolitan Warsaw, highlighted the significance of the lease renewal. “We are thrilled that a renowned law firm such as Kochański & Partners has reaffirmed its trust in Metropolitan Warsaw. This extension underscores the building’s exceptional quality, unique surroundings, and our commitment to top-tier management. It is part of a wider trend of lease renewals and new contracts signed by leading companies from various sectors,” she said.

Metropolitan Warsaw continues to solidify its position as a prime business hub, attracting top brands and industry leaders who seek a prestigious address in the heart of the capital.

Oxygen Park, an office complex in Warsaw’s business district, has welcomed Grupa Transportowa as its newest tenant. The global logistics operator has secured nearly 200 square meters of office space on the ground floor of Building B, further expanding its presence in the Polish capital. The complex, owned by Golden Star Group, offers a modern work environment tailored to the needs of growing businesses.

Grupa Transportowa, a 4PL global logistics operator with over 25 years of market experience, specializes in comprehensive transport, freight forwarding, and logistics services. The company manages air, sea, and land transport, including rail and ferry crossings, and operates modern A-Class warehouse facilities that support a wide range of contract logistics services. In addition to transport solutions, the company and its subsidiaries provide customs clearance and insurance services.

Katarzyna Marciniak, Leasing Manager at Golden Star Estate, expressed enthusiasm about the new partnership. “We strive to provide our tenants with optimal conditions for business growth, tailored to their specific operational needs. The decision of Grupa Transportowa to join us confirms that our strategy is working. We are confident that they will thrive in our dynamic office environment,” she said.

During the lease negotiation and signing process, Grupa Transportowa was advised by Estar Solutions, ensuring a smooth transition to their new office space.

Commenting on the move, Klaudia Jakubowska-Kowalska, Head of Administration at Grupa Transportowa, highlighted the advantages of the location: “Oxygen Park combines innovation with functional and comfortable interiors, offering high-end amenities, flexible solutions, and advanced technologies that support business growth. The stylish, plant-filled spaces create an inspiring work environment that fosters creativity and efficiency.”

Located directly on Aleje Jerozolimskie, one of Warsaw’s key transport arteries, Oxygen Park consists of two six-storey buildings with a total leasable area exceeding 18,000 square meters. Designed by renowned architectural studio JEMS Architekci, the complex was completed in 2013 and has since become a sought-after business address. Its fully glazed façade allows for maximum natural light, while tilt windows provide natural ventilation. The flexible floor layouts cater to the diverse needs of tenants, ranging from startups to established corporations.

The complex features a range of amenities, including a green patio with a relaxation zone, a canteen, and various retail and service outlets. For convenience, there are 162 underground parking spaces, bicycle racks, and locker rooms with showers. The building holds a BREEAM “Very Good” certification, reflecting its commitment to environmental sustainability.

Oxygen Park’s strategic location offers easy access to Warsaw’s city center and Chopin Airport, both just 7 kilometers away. The complex is well connected via public transport, including the nearby WKD Raków rail station, and is in proximity to major shopping centers such as Reduta and Blue City.

Grupa Transportowa now joins tenants at Oxygen Park, including well-known companies such as Adara, Toshiba, Parker Hannifin, Sodexo, and Nowy Styl, further enhancing the complex’s reputation as a prime business hub in Warsaw.

Companies from the Polish Development Fund (PFR) Group, including leading insurer KUKE, have reaffirmed their commitment to the Cedet office building in the heart of Warsaw. The firms, which collectively occupy 9,500 square meters in the landmark property, have opted to extend their leases, citing the building’s modern features and prime location. The lease renegotiation process was facilitated by experts from the advisory firm Colliers.

The PFR Group, a key institution supporting Poland’s economic development by assisting entrepreneurs and local governments, was among the first tenants to move into Cedet after its grand reopening in 2018. Of the total space leased by PFR Group companies, 2,500 square meters are occupied by KUKE, a domestic and international receivables and investment insurance provider, along with its factoring division, KUKE Finance.

According to Marcin Sabowicz, Associate Director in the Office Space Department at Colliers, Cedet’s top-tier standards and strategic location were crucial factors in the tenants’ decision to stay. “This building seamlessly blends state-of-the-art technology with sustainability principles, making it an ideal choice for companies that value high-quality office space. Its prime location in central Warsaw further enhances its appeal and market advantage,” he said.

The building’s management also welcomed the tenants’ decision to remain. Łukasz Pawikowski, Head of Asset Management CEE & Nordics at Manova Partners, emphasized the importance of tenant satisfaction in maintaining long-term investment value. “We are delighted that our efforts to enhance the building’s comfort and energy efficiency have been recognized. Their continued presence reinforces a sense of community and serves as an encouragement for other tenants to remain in the Cedet complex,” he commented.

Cedet, formerly known as the Central Department Store (CDT), is a Warsaw icon with a storied history dating back to the late 1940s and early 1950s. Originally heralded as a modern marvel with innovations such as a glass façade, an underground parking garage, and Warsaw’s second-ever escalator, the building underwent significant changes over the decades. After sustaining fire damage in the 1970s, it was rebuilt in a simplified form.

In 2018, Cedet underwent a comprehensive revitalization, restoring its original architectural charm while introducing contemporary functionality. The renovation preserved key features such as the iconic neon sign while incorporating modern interior layouts and cutting-edge sustainability features. Cedet holds a prestigious BREEAM Excellent certification, recognizing its commitment to environmental and energy efficiency standards. The revitalized complex now offers more than 22,000 square meters of space, with 15,000 square meters dedicated to offices and 7,000 square meters allocated to retail.

The property is home to a diverse tenant mix, including leading brands such as WeWork, Smyk, Zdrofit, and Biedronka.

Legal support for the lease renegotiation was provided by SKJB on behalf of the tenants and Greenberg Traurig representing the building’s owner.

Cedet’s enduring appeal and strategic advantages continue to make it one of the most sought-after office locations in Warsaw, reinforcing its status as a cornerstone of the city’s commercial landscape.

Savills has published its latest report, Warsaw Office Market 2024, summarizing last year’s trends and offering forecasts for 2025. The report identifies critical factors shaping Warsaw’s office market, including a supply gap, rising rents, and the growing importance of flexible office solutions and sustainable practices.

Supply Gap and Limited Developer Activity

Warsaw’s office stock reached 6.29 million square meters in 2024, with demand holding steady at 740,200 square meters. Despite a 71% year-on-year increase, the 104,400 square meters of new office space delivered in 2024 remained below historical averages. Most new supply was concentrated in central zones, including the Rondo Daszyńskiego area, where projects such as The Form, Lixa (D and E), and Vibe A accounted for significant additions.

Currently, only 230,000 square meters of office space are under construction, a 14% decline compared to 2023. With just two new projects located outside the city center, developers remain cautious. Savills predicts that fewer than 400,000 square meters of office space will be delivered between 2025 and 2027, exacerbating the supply gap.

Demand Dynamics and Rent Increases

Tenant activity in 2024 reached 740,200 square meters, slightly below the previous year. Renegotiations accounted for 46% of transactions, reflecting high adaptation costs and limited supply. Pre-lets and expansions were also notable, with key deals such as Santander Bank’s pre-let in The Bridge and significant renegotiations by financial institutions like Bank Gospodarstwa Krajowego and Citi Bank Services.

Savills expects rents in prime locations to rise as competition for modern, well-located spaces intensifies. In 2024, average rents in the Central Business District remained stable at EUR 22.50–26.00 per square meter per month, while Służewiec saw slight increases due to higher fit-out costs.

Flexible Office Solutions Gain Momentum

Flexible office solutions, including serviced offices and coworking spaces, saw significant growth, with operators leasing 28,600 square meters across 16 locations—a nearly 70% year-on-year increase. By year-end, Warsaw offered 208,200 square meters of coworking space across 87 locations, catering to over 25,000 workstations. New flex office spaces totaling 5,200 square meters are set to launch in 2025, reflecting the growing appeal of adaptable, ready-to-use solutions.

Sustainability and Employee-Centric Design

Sustainable practices and employee-focused designs are becoming essential. Tenants are prioritizing buildings with certifications like BREEAM and LEED, driven by energy efficiency and cost optimization. Companies are also redesigning office spaces to attract talent, emphasizing collaborative zones, meeting rooms, and relaxation areas over traditional open-plan layouts.

Conclusion: Opportunities and Challenges Ahead

As Warsaw’s office market faces limited supply and increasing demand, 2025 will require strategic planning from tenants, landlords, and developers. Decisions will hinge on long-term forecasts, workforce needs, and sustainable solutions. The market is poised for transformation, driven by new technologies, cost efficiency, and the need to adapt to evolving work environments. Savills experts underscore the importance of proactive planning and innovation to navigate the challenges and opportunities of the coming years.