KPMG has decided to renew its lease agreement at the Gdański Business Center complex in Warsaw, managed by Savills Investment Management, where it occupies approximately 12,000 sqm of space. Experts from JLL once again advised KPMG on the entire contract negotiation process. The complex offering 101,000 sq m of commercial space was acquired by Savills Investment Management on behalf of a global pension fund.
Our research shows that working in an office facilitates knowledge exchange, learning and mentoring. Gdański Business Center is a multi-purpose complex, which - to the satisfaction of its users – provides an extensive range of retail and service facilities and amenities. Another very important advantage, which is highly appreciated by the center’s tenants, is its excellent location. I am glad that KPMG has positively assessed our cooperation and has decided to continue this mutually beneficial relationship,
says Julia Racewicz, Senior Asset Manager, Savills Investment Management.
There has been a lot of talk lately about the changing structure of office demand, with lease renewals being predominant. The reason for this is the pandemic, which is holding up the expansion plans of many companies. In the case of KPMG, however, we are dealing with a different situation. Our client started the "stay vs. go" process back in 2019, which allowed for a very thorough analysis of the Warsaw market. The decision to stay in Gdański Business Center was not influenced by COVID-19 but was dictated by the needs of the employees. Moreover, during the renegotiation process we managed to introduce very important additional provisions to the lease which will allow our client to adjust the office space to their needs,
comments Tomasz Czuba, Head of Office Leasing and Tenant Representation at JLL.