Development Park in Mokotów has contracts for 1400 sqm with 2 tenants

5 March 2024

The Class A office complex in the green business district of Mokotów, managed by EPP Park Rozwoju, has acquired two new tenants. IFDS and GRINEA will move into their new premises in the coming months. Flokk, which has its showroom in Park Rozwoju, has decided to extend its cooperation for another five years. The total area of office space covered by the agreements is nearly 1,400 sqm.

The new tenant of the Development Park – Investment Funds Depositary Services S.A. – specialises in the area of additional brokerage activities. The company will move into its new office of approximately 650 sq m in the first quarter of 2024.

“We were encouraged to join the tenants of the Development Park by the professional standard of service, as well as the favourable offer and proposed space, which optimally meet our needs. As a new player in the market, providing depositary services for Closed-End Investment Funds, we are focused on growth and we are confident that the new office will support us in the implementation of these plans,” said Iwona Świętochowska, CEO of Investment Funds Depositary Services (IFDS).

GRINEA is a well-known company in the energy sector, modern and with a long tradition, providing complete services for investments related to the broadly defined electricity construction. It offers and ensures, through the application of state-of-the-art management methods, the implementation of the full investment cycle of the construction and modernisation of electricity infrastructure facilities. Choosing its first headquarters in Warsaw and bearing in mind the established cooperation with the countries of the Middle East, the company opted for an office location near Chopin Airport. GRINEA will occupy a 300 sq m office in the first phase of the complex by the middle of this year. GRINEA was advised in the transaction process by Knight Frank experts.

Meanwhile, Flokk, a European market leader in the design, development and production of office seating, has been running a showroom in the EPP-managed Development Park since 2019. The company has decided to extend its lease for 440 sqm for a further five years. The brands presented in the Flokk space – including Profim, Giroflex, HAG and Offecct – specialise in innovative solutions for offices, which are distinguished by their focus on the health and well-being of users.

“Development Park is a place that responds to the diverse needs of its tenants, as confirmed by recently signed and extended contracts. Thanks to the complex’s location, its users have the city at their fingertips without sacrificing the green surroundings they appreciate. Combined with the outstanding flexibility and space arrangement possibilities, Development Park is an ideal address for any business,” pointed out Olga Adamek, Senior Leasing Manager at EPP.

Development Park is a modern class A office complex in Warsaw’s green business district of Mokotów, consisting of two 7-storey buildings with a total area of 34,540 sqm. It has been designed to create a friendly, multifunctional working environment, as evidenced by its BREEAM certification at the Excellent level. Development Park is a place integrated into the surrounding urban fabric, benefiting both the employees of the complex and the local community.

The complex, with its timeless architecture, stands out for its large space arrangement possibilities, extensive infrastructure for cyclists and a large number of parking spaces. The Development Park supports business and its development.

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