The DRFG Investment Group – working with the strategic support of TriGranit, which DRFG acquired this past August – has acquired Signum Work Station, a modern office building located near Warsaw Chopin Airport, from a Luxembourg group owned by an international investment bank, represented by Australian real-estate-investment group Cromwell Property Group as administrator.
Financial details were not disclosed.
The Signum Work Station building — which consists of offices, retail, and storage areas — was built in 2009, and underwent partial reconstruction and modernization five years ago. It has seven above-ground floors, three underground levels, and hosts tenants such as Ringier Axel Springer, Mondelēz International, Columbia, and PPD. It is BREEAM certified as “Excellent.” The underground floor and outdoor spaces provide a total of 869 parking spaces.
The acquisition provides DRFG with its first office property in Poland. According to a post on TriGranit’s LinkedIn page, “as part of the acquisition, TriGranit, which joined the DRFG family in August, will play a key role by: Enhancing tenant experiences through fit-outs for both existing and new occupiers; Upgrading technology and the building’s BMS system to further elevate its ESG efficiency; [and] Managing and improving the facility to meet the highest standards.”
According to TriGranit, “we’re excited to deepen our footprint in Poland and look forward to contributing to the development of innovative and sustainable workspaces.”