Tchibo Warsaw, a company from one of the biggest retail and coffee producer concerns in entire Europe, has renewed its lease for more than 1,850m² in Riverside Park in Warsaw.
During the renegotiation process Knight Frank, the sole agent and property manager, consulted Savills Investment Management, the building owner. The tenant was represented by Colliers International.
“We are very pleased to offer attractive lease conditions to Tchibo Warsaw acting on behalf of the building’s owner. In effect, the tenant decided to remain in Riverside Park for the coming years and will take up two floors of office space. The company has been among the tenants from constantly since 2005.” – said Karol Grejbus, Senior Negotiator in the Office Agency at Knight Frank. “The ever-growing interest of potential tenants as well as the approval of existing ones, assures us that the building fulfils all expectations and offers high-quality spaces in a unique, comfortable location. What’s more, the incredible exposure of Riverside Park and the logotypes on its façade guarantee tenant recognition.” – added Karol Grejbus.
“Eleven years ago we advised Tchibo on leasing office space in the Riverside Park for the first time. Since then, we represented the company and its subsidiaries five more times in renegotiating lease contracts. Colliers offered the tenant the holistic approach which helped to smoothly guide the management board through the complex decision-making process and take advantage of all available instruments reducing leasing costs. " - said Robert Karniewski, Partner at Colliers International, Director of Regional Markets in the Office Agency.
Riverside Park is an office complex of two twin building with a total area of more than 12,500m². The A-class spaces are located on six levels. Riverside Park’s most characteristic features are its glass façade and great location in the Śródmieście district – in the Powiśle area, a green and atmospheric neighbourhood, right next to the vibrant river boulevard.
