POLAND Five tenants have recently signed leases in the Riverside Park in Warsaw’s Powiśle district. These include Travelist (1,090 sqm), Flixbus (250 sqm), CloudFerro (399 sqm), GSW Legal Grabarek Szalc i Wspólnicy (309 sqm), and one undisclosed outsourcing services company.
The tenants leased a total of 2,350 sqm of office space. Knight Frank represented the asset manager Cromwell Property Group in the transaction.
Riverside Park offers a total of 12,600 sqm of office space in two twin office properties which include retail and service spaces on the ground floors. Two five-storey buildings, located at ul. Fabryczna 5/5a in Warsaw, were opened in 2006. Cromwell Property Group is an Australian Real Estate Investment Trust (A-REIT) listed on the Australian Stock Exchange, managing an asset portfolio worth EUR 6.7 bln, located in Australia, New Zealand and Europe. In Europe the company manages assets and investment opportunities worth of EUR 3.3 bln, which include app. 270 locations with 2,900 tenants.