Cushman & Wakefield to manage the entire portfolio

Cushman & Wakefield will be responsible for operations, accounting and technical management, including improving the energy efficiency of buildings and implementing a strategy for sustainable property operations. It will take over property management for Libra Business Center B, LIFE Building and Jasna 26 starting in July. Cushman & Wakefield is already acting as property manager for three other VIG Fund office buildings in Warsaw: Chmielna 25, Norway House and Nowogrodzka 21.

I am delighted to further expand our existing partnership with Cushman & Wakefield. The unified management of our real estate portfolio in Warsaw will result in synergies and leaner structures that will benefit both the VIG Fund and our tenants.
Manuel Simon, head of Investment Real Estate and responsible for asset management in Poland

Through our extensive cooperation with VIG Fund, we will offer more optimization solutions, for example to increase energy efficiency, and use economies of scale to implement tools to support our client’s ambitious ESG goals.
Grzegorz Dyląg, Partner, Head of Asset Services Business Space, Asset Services EMEA, Cushman & Wakefield

Libra B Business Center offers 16,000 square meters of modern office space. Located in the southwest of Warsaw, it is part of the development of the facade along Al. Jerozolimskie.

LIFE building, formerly known as the Atrium Tower, is located in the center of Warsaw, at Al. Jana Pawła II 25. Offers app. 10,000 square meters spread over 13 floors. Last year, it was completely renovated and repositioned.

The office building at ul. Jasna 26 was completed in 2014 following the renovation and redevelopment of a 1950s building. The six-storey building offers app. 5,000 square meters of rentable space.