D48 office building topped out
D48 office building, which is currently being constructed by Penta Investments in Warsaw (in Mokotów district), has seen a symbolic topping-out ceremony. The raw state of D48 has been completed in less than 12 months from the commencement of construction work.
D48 is an A-class office building, located on the most prominent corner of the corporate area in the Mokotów district in Warsaw, at the intersection of Domaniewska and Postępu streets. D48 shall offer over 26 thousand square meters of office space, on 11 floors on the Domaniewska street side and 8 floors on the Postępu street side. The size of spaces available at a single floor will allow the tenants to flexibly design their functional interior spaces. The building will include spacious terraces offering a view of Warsaw’s downtown. The plot around D48 will hold green areas with modern landscaping elements. Owing to the efficient planning of the building's form and its placement, the clear height (2.75 m) and the fully glazed facade, each office floor of D48 will allow to facilitate daylight lightning to the maximum extent possible. The building shall also include a number of solutions which are environment-friendly and ensure top-class efficiency of the building, as well as a number of amenities for the tenants, including a restaurant, newspaper kiosk, pharmacy, relax zones etc., located in the space of around 1800 square meters on the ground floor level of the building. There will be a total of 480 parking spaces located on two-level underground parking garage and on the external parking lot. Access to both parking lots will be provided by two independent entry ways – from the Domaniewska Street and from the Postępu Street.
"Construction work is progressing according to schedule, in early November we have completed the raw state of D48 office building. We are currently conducting installation works as well as the ones related to the installation of the facade" – commented Damian Grzywacz, Senior Manager at Penta Investments, responsible for Penta’s investments in real estate market in Poland.
Savills Landlord Representation Team has been chosen as the commercialization agent for D48. The building should be completed and start operation in August 2017. Total project value is estimated at ca. EUR 45 million.
Penta Investments is a Central European investment group established in 1994. It operates mainly in healthcare, financial services, manufacturing, retail and real estate development sectors. The Group manages an evergreen fund of its partners, the company's only shareholders. Its portfolio companies provide jobs to more than 37,000 people and reported assets of EUR 7 billion for the 2015. Polish portfolio of Penta consists of: Fortuna zaklady bukmacherskie, Dr. Max, Empik Group, Iglotex, EMC Instytut Medyczny, Learning Systems Poland, Clar System and two real estate projects in Warsaw. Penta is active in more than 10 European countries and has offices in Prague, Bratislava, Warsaw and Munich.