Cushman & Wakefield to act as the exclusive agent for G+J Gruner+Jahr Polska Sp. z o.o. in the process of relocation/renegotiation of its lease

23 Jun, 2008, Warsaw

Global real estate consultant Cushman & Wakefield has won a tender and become the exclusive advisor for a publishing company G+J Gruner+Jahr Polska Sp. z o.o. in the process of relocation/renegotiation of its office lease. At present, the publisher of titles such as Claudia, Gala, Glamour, Naj and National Geographic occupies the entire office building at 4 Wynalazek Street in Warsaw’s Mokotów district. Its office space is now 6,000 sq.m. However, due to the planned expansion of the company and the need to upgrade the standard of the premises leased, the tenant is searching for at least a six-storey building with approx. 10,000 sq.m. The company intends to move in the first quarter of 2010.

The publisher has precisely specified its needs and requirements concerning its new location. The new building is to be located near the main thoroughfares and offer convenient access to the airport and the city centre. Good public transport, proximity of service and retail shops, preferably a shopping centre, are also a must. The building is to be part of the modern architecture of the district in which it will be located. The company wants to remain easily recognisable and visible, which means that it needs an office building with a good exposure. These requirements indicate that the district of Mokotów is the most desirable location.

G+J Gruner+Jahr Polska Sp. z o.o. has very precise requirements regarding each storey. The typical floor space should be minimum 1,000 sq.m. Each storey is to provide good daylight and make it easy to rearrange the layout of offices. The company is to be located in a building with an underground and/or aboveground car park.

The technical requirements also include specific conditions which will enable the company to satisfy the welfare needs of its employees. The publishing house wants to provide on each floor a room for pregnant women and nursing mothers, showers with dressing rooms as well as rest and refreshment rooms with a kitchenette.

A nursery for the employees’ children, a gym, a fitness room and a canteen are also planned.

Artur Sutor, from Office Department of Cushman & Wakefield, said: “We are very pleased to have the opportunity to conduct the process of relocation/renegotiation of the current lease of G+J. The client is making our work much easier by deciding to make a change now, over two years before its current lease terminates. Thanks to this we have a sufficient amount of time to find the ideal building. Today, given the city’s expansion plans as well as the cost conditions and the standards required, the best location for the new headquarters of G+J appears to be the southern part of Warsaw, which is in line with the client’s preferences.”

back to real estate News & Events

Printer Friendly Version