What are Adgar Poland’s strategic goals for the near future?
Robert Włoszek, Dyrektor Operacyjny Adgar Poland: Adgar Poland’s strategic objective for the coming years is to further develop and strengthen relationships with both our existing tenants of whom we currently have 135 and prospective clients. For us, long-term partnerships are key, built on a deep understanding of our tenants’ needs, flexibility in responding to change, and the ability to scale office space in line with their business growth. This approach has resulted in many companies remaining in Adgar Poland buildings for over a decade.
We are supported in this by our innovative concepts such as Flexi Lease by Adgar and Ready Office—models offering modern, highly adaptable workplace solutions aligned with real market expectations—as well as our Brain Embassy coworking spaces.
At the same time, we are actively exploring new investment and business opportunities to strengthen our property portfolio. We also aim to continuously upgrade our existing buildings, both functionally and aesthetically. This includes lobby refurbishments and renovations, as well as the implementation of a long-term ESG strategy focused on environmental and social responsibility. We introduce solutions that reduce energy and water consumption, invest in energy-efficient systems, and develop green areas around our buildings. These efforts are already delivering results, as confirmed by the fact that most of our assets are LEED-certified (Leadership in Energy and Environmental Design).
In addition, we are investing in electromobility by expanding electric vehicle charging infrastructure and modernising our parking facilities.
Are you planning any new investments or the expansion of existing properties? If so, where will they be located or which buildings will be expanded?
Michael Mevorach, Country Manager, Adgar Poland: We are currently accessing the investment potential of several key sites, including land owned by us near the former Pekao office building on Marynarska Street, as well as an undeveloped area forming part of the Adgar Park West complex. We are assessing how best to utilize these locations in a way that aligns with our long-term development strategy.
We are also modernizing existing assets. For example, at Adgar Park West, Building A, we will soon deliver a new 197 square meters Ready Office space—fully furnished or available for customized fit-out. This is a solution for companies seeking a ready-to-use, modern office without the need for additional resources.
Alongside our Ready Office and Flexi Lease by Adgar concepts, we continue to expand Brain Embassy coworking spaces. We have recently expanded the space at Adgar BIT, and an additional 950 square meters will soon open at Adgar Park West.
Our development activity goes beyond office space. At Adgar Plaza, we will soon deliver a beach volleyball court, and one of our Mokotów buildings will feature an inspiring mural creatively combining sport, the architecture of our assets, and symbolic elements of Warsaw. These projects are designed not only to enhance the attractiveness of our properties, but also to foster integration among tenant communities and neighboring residents.
What are the most attractive office locations in Warsaw from an investor’s perspective?
Michael Mevorach: Naturally, the criteria we use to assess investment potential are part of our proprietary know-how. However, I can share a general observation. The most attractive office locations in Warsaw are likely those that combine excellent public transport accessibility, well-developed road and urban infrastructure, and strong potential for ESG-aligned developments.
An additional advantage is the integration of these factors with well-planned urban environments that support local communities and combine office, service, and recreational functions. Our locations—such as Adgar Park West, Adgar Plaza, and Adgar BIT—illustrate this approach. They combine high-quality buildings and modern architecture with flexible solutions and a strong focus on sustainability and user comfort.
In our view, this makes them attractive and long-term secure investments, while also serving as a catalyst for the development of surrounding infrastructure. We also believe that this approach encourages greater engagement from commercial property owners in the life of the districts in which they invest—both in improving public spaces and addressing mobility challenges.
One example is our initiative last year, in which Adgar Poland, together with several other investors who are also owners of office buildings in Służewiec, co-financed the redevelopment of Suwak Street and the modernization of traffic lights at the Postępu and Marynarska intersection. The project, with a total value exceeding PLN 15 million, significantly improved traffic flow in the area.
In our view, this demonstrates that long-term investment should be understood as more than just buildings. It is also a driver of improved quality of life and enhanced attractiveness of the surrounding urban environment.
What trends will shape the commercial real estate market over the next 5–10 years?
Michael Mevorach: Michael Mevorach:Contrary to appearances, the commercial real estate market is highly dynamic, as clearly demonstrated by recent events such as the COVID-19 pandemic and the war in Ukraine. Such unpredictable developments have a significant impact on tenant and investor behavior, which is why any long-term forecasts for the next 5–10 years should be approached with caution.
However, it is reasonable to expect that flexibility, sustainability, and technology will become increasingly important. Companies will continue to demand adaptable spaces that can be easily adjusted to evolving work models—both in terms of size and lease structure. Flexible leasing arrangements may even become the standard, particularly in an environment of economic uncertainty and rapid growth in the services sector.
ESG-related considerations are also expected to play an even greater role. Energy efficiency, responsible resource management, and investments in smart building technologies may become key decision-making factors when selecting office space. Similarly, demand is likely to grow for environments that support employee wellbeing and work-life balance.
In our view, the future of real estate is not just about physical space, but about an integrated work environment—intelligent, user-friendly, well-connected to the city, and offering access to services, leisure, gastronomy, and education.
Concepts such as Flexi Lease by Adgar, Ready Office, and Brain Embassy already respond to these needs—at least for today. What the future holds remains to be seen, but we aim to be ready for a range of scenarios.
