This record-breaking transaction marks the largest office market deal in Europe for 2024, with the iconic Warsaw UNIT setting new standards for sustainable and modern office spaces.
Ghelamco has sold its flagship development, the Warsaw UNIT skyscraper, to Swedish real estate company Eastnine AB for €280 million. The transaction, valued at over PLN 1.2 billion, is the largest office market deal in Europe for 2024, reflecting renewed investor confidence in high-quality, sustainable office assets.
Located at Rondo Daszyńskiego in the heart of Warsaw, Warsaw UNIT is one of the most technologically advanced and environmentally sustainable office buildings on the continent. Standing at 202 meters tall, the skyscraper offers nearly 60,000 sqm of leasable office space, fully occupied by a diverse mix of multinational tenants, including Warta, Moderna, CBRE, Stryker, Amazon, and OmniOffice.
“This transaction is a significant and optimistic signal for the entire real estate market,” said Rafał Gierczak, Head of Asset Management at Ghelamco Poland. “Acquiring a building in a central location with strong tenant demand, limited new supply, and rising rents is a safe long-term investment.”
Why Warsaw UNIT Stands Out
Warsaw UNIT is not just another office building—it’s a benchmark for sustainability and innovation in real estate:
- The first building in Poland to achieve WELL Core v2 Platinum certification and BREEAM Outstanding ratingfor high-rise developments.
- Features 40,000+ sensors and 800 meters as part of its energy-efficient BEMS system, reducing energy consumption by nearly 30% compared to similar buildings.
- Fully powered by clean energy and certified in the WELL Health-Safety Rating and Green Building Standard.
“Warsaw UNIT represents everything we seek in an investment: vibrant location, high ESG standards, and a strong multinational tenant mix,” said Kęstutis Sasnauskas, CEO of Eastnine AB.
Financial and Strategic Highlights
The acquisition is backed by a €168 million loan co-arranged by Helaba and Erste Group, showcasing continued investor confidence in Warsaw’s dynamic office market.
“Warsaw remains one of the most attractive office markets in Europe, offering prime locations and state-of-the-art facilities. We’re proud to support Eastnine AB in this landmark transaction,” said Georg Blaschke, Head of Real Estate Finance at Helaba.
A Milestone for Ghelamco and Eastnine
For Ghelamco, the sale of Warsaw UNIT is another milestone in its legacy of delivering world-class developments in Poland. The transaction also solidifies Eastnine AB’s position as a leading player in the region, with a focus on high-yielding office properties in the Baltics and Poland.
With its outstanding tenant demand, low-carbon footprint, and state-of-the-art design, Warsaw UNIT exemplifies the future of commercial real estate in Europe.
