Located at the intersection of Emilii Plater and Świętokrzyska Streets in Central Warsaw, WFC is one of the most prestigious high-rise buildings in Warsaw providing 50,000 square meters of Class A office space across 32 floors. WFC is certified LEED gold and is 99% occupied by tenants including Google, Bloomberg and Kompania Piwowarska (owned by the Asahi group of Japan).

“CPIPG is pleased with the quality of our acquisitions in Warsaw. We are on track to meet our goal of investing more than €800 million in Warsaw by early 2020,” said Martin Nemecek, CEO of CPIPG. “Our ample cash balances and access to attractive financing will allow CPIPG to continue pursuing opportunities to invest in our business and capital structure going forward.”

Matt Lunt, Executive Director, Portfolio and Asset Management at Tristan Capital Partners, said: “When we first acquired WFC we undertook major refurbishments to the entrance and ground floor lobby areas and have worked steadily to increase occupancy to 99%, with tenants including leading Polish and international corporations. WFC is now a highly sought-after institutional quality asset, which offers modern design and excellent environmental credentials in Warsaw’s CBD.”

On 27 November 2019 CPIPG announced the acquisition of Eurocentrum, which is certified LEED Platinum and is the largest green-certified office complex in Warsaw. Including both Eurocentrum and WFC, the level of green certification in CPIPG’s portfolio is expected to rise from 8% (of total GLA) at the end of 2018 to more than 16% by the end of 2019.

"CPIPG will continue to prioritize green acquisitions wherever possible across our region,” said Tomas Salajka, Head of Asset Management and Acquisitions for CPIPG. “Green properties operate efficiently and will benefit from sustained value and tenant demand over the long-term.”