Ghelamco has sold 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 Daszynskiego 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 €583m. Google Poland is at the same time one of the main tenants of the complex and occupies over 20,000m² of office space.
"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", said 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", added Sean Doyle, Head of Property Investment at CBRE.
