Indotek Group, a leading Hungarian investment management firm, has recently sold the Bokserska Office Center in Warsaw, marking another significant move in its real estate portfolio management. The Bokserska Office Center, located in the heart of Warsaw’s Mokotów district, was part of a larger portfolio of office properties acquired by Indotek Group in 2021.
Overview of Bokserska Office Center
The Bokserska Office Center is a modern office building offering approximately 6,900 square meters of high-quality office space. The property comprises a ground floor and five upper floors, each providing around 1,100 square meters of Gross Leasable Area (GLA). The building features two towers, both with dedicated entrances and elevators. The design allows for flexible leasing options, with available spaces ranging from 400 to 1,100 square meters.
In addition to its spacious office areas, the Bokserska Office Center provides convenient parking facilities, including both underground and surface parking. The building has a highly efficient parking ratio of 1:36, catering to the needs of tenants and visitors alike.
Strategic Location in Warsaw
The Bokserska Office Center benefits from an excellent location in Warsaw’s Mokotów district, offering easy access to key city areas and transportation hubs:
- City Center: Just a 20-minute drive (9 km) to Warsaw’s city center.
- Chopin Airport: A mere 5-minute drive (4 km) to Warsaw Chopin Airport.
- Train Station: Only 750 meters (10-minute walk) from Warszawa Okęcie train station.
- Metro Station: 3 km (18-minute walk) to the Służew metro station.
- Highway Access: Direct access to the S79 highway and close to the S2 (Warsaw Southern Bypass).
This strategic location makes the Bokserska Office Center an ideal choice for businesses seeking a well-connected office space in Warsaw.
Indotek Group’s Growth in Poland
Indotek Group, with over 20 years of experience in the investment management industry, continues to expand its presence in Europe, and the acquisition of the Bokserska Office Center played a key role in this strategy. The group’s diverse portfolio includes office buildings, shopping centers, hotels, and industrial properties across multiple European markets. Their move into Poland reflects a growing demand for premium office spaces in the region, solidifying their position as a significant player in Central and Eastern European real estate.
The Polish Office Market
The sale of the Bokserska Office Center comes at a time when the Polish office market has demonstrated strong resilience, even amid the challenges posed by the global pandemic. Despite initial uncertainties, investor confidence in Warsaw’s commercial real estate market remained high in 2021. The average occupancy rate of the buildings in Indotek’s portfolio stood at 80% by the end of 2020, reflecting stable demand for office spaces in Poland’s capital.
Conclusion
The sale of Bokserska Office Center marks a strategic milestone for Indotek Group as part of their continued growth in the European market. With its prime location, high-quality office spaces, and strong investment potential, the Bokserska Office Center has contributed significantly to Warsaw’s real estate sector, and this transaction highlights the ongoing dynamism and growth of the city’s commercial property market.
