SMYK will be a tenant of 6,000 sqm in D48 office building
Smyk, the international store network, specialized in children products, has signed an agreement for leasing 6,000 sqm in D48 office building, which is currently being developed by Penta Investments in Warsaw's Mokotów district.
SMYK's headquarters will be located on two floors of D48 office building and will be open in March 2018.
SMYK has been represented in the transaction by a CBRE consulting firm. On the side of the landlord – GALT law firm has partcipated as a legal advisor in the transaction, while Savills is the exclusive commercialization agent for D48.
"– Signing a lease agreement with such demanding partner as SMYK confirms that our investment offers the highest quality of office area. D48 office building located at the intersection of Domaniewska and Postępu streets is Penta's first real estate project in Poland, therefore we are exceptionally dedicated to its implementation. At the same time, we are aware how important in the current, competitive market is delivering the highest quality product. D48 responds to practically all needs of companies seeking location in these largest business district in Warsaw, i.a.: central location; a large, ground-level parking for guests on site; a big green zone – perfect for recreation and relaxation. The building will also have a unique character thanks to the innovative design of the entrance hall and reception area, which will be different from the typical "corporate" interiors found in most office buildings. The visual features will also be complemented by a range of eco-friendly solutions that ensure the highest efficiency of the building” – commented Damian Grzywacz, Country Managing Director, Penta Investments.
"– Foundation of Smyk's dynamic international growth and success are the people who work with us – both in our stores, local offices and at the headquarters. With the growth of our business, we systematically increase our employment, and therefore we need more and more quality office space for our team. The new Smyk’s headquarters located in a modern building will allow us to provide comfortable conditions not only to our present employees but also to future ones. I am convinced that a friendly, innovative office which we are currently designing will be Smyk's asset as the employer next years” – said Marek Janeczko, COO, Member of the Board of SMYK Group.
The construction of the building progresses according to schedule and its completion is planned in August 2017, while a start of use is scheduled for early October 2017. The total value of the investment will amount to approximately EUR 45 million.
SMYK is the Polisch largest chain of specialized children stores. Its history dates back to the seventies of the last centur, but the most dynamic development of SMYK network began in 2000 when an independent company was established. Currently, SMYK opeartes 140 stores located in the most attractive shopping centers in Poland and smyk.com online store. SMYK stores also operate outside of Poland – in Russia, Ukraine and Romania, while Cool Club and Smiki's label brands are also available outside of Europe. More information about SMYK: www.smykgroup.com.
Penta Investments is a Central European investment group established in 1994. It operates mainly in healthcare, financial services, manufacturing, retail and real estate development. The Group manages an evergreen fund sustained by its partners, the company's only shareholders. Its portfolio companies provide jobs to more than 32,000 people and reported assets of EUR 8,5 billion in 2016. Penta operates in more than 10 European countries and has offices in Prague, Bratislava, and Warsaw.