Hines announced that a new tenant, IT company Tata Consultancy Services (TCS), has moved into Wola Center in Warsaw. At the same time, the building’s owner, the Hines European Value Fund (HEVF 1), has extended its contract with long-standing client FaktorOne.
The long-term contract with TCS was signed in Q4 2023. The new tenant has leased more than 3,650 sqm of office space. Fit-out work has been ongoing in recent months, and the tenant’s logo was hung on the top of the building at the end of May. Tata Consulting Services is India’s largest IT company, present on the Polish market since 2006. It creates IT business solutions based on, among other things, cloud technologies or artificial intelligence, and provides IT consulting services for businesses.
Hines has also extended its contract with one of Wola Center’s long-standing tenants. FaktorOne (formerly Idea Money) has been based at 33 Przyokopowa Street since 2012. The new long-term contract covers the lease of approximately 470 sq m of space. The company has been providing factoring services to small and medium-sized companies and sole traders from various industries for more than a decade.
“Recent agreements for the lease of space in Wola Center confirm the interest in the high standard of office space from our offer. The extension of the contract with a long-standing tenant, FaktorOne, is proof that we care about the satisfaction of our customers and the quality of the services we provide. In turn, the transaction with Tata Consulting Services proves that Wola Center is an excellent place for innovative companies and an ideal environment for the development of modern technologies. All of this shows that Wola Center remains an attractive option for businesses in Warsaw’s ever-growing business district,” concludes Patrycja Zyśk, Leasing Manager at Hines Polska.
The Wola Center complex is perfectly located at 33 Przyokopowa Street in Warsaw’s Wola district. Thanks to its proximity to key transport hubs, the metro and the Warsaw Ochota railway station, it is well connected to both other districts of the city and surrounding towns. The building offers office, coworking and retail space with a total area of 34,930 sqm. Tenants have high-end amenities at their disposal, such as an elegant patio, green terraces or a comprehensive infrastructure for cyclists, including racks and showers. Wola Center also provides a car park with 121 public spaces and 249 spaces for tenants. What’s more, electric vehicle charging stations are installed in the building. The building meets international environmental standards, as evidenced by the BREEAM In Use certificate of ‘Outstanding’ awarded in 2023.