Two Polish subsidiaries of French insurance giant AXA have extended a 7,000 m[sup]2[/sup] lease at the Warsaw Trade Tower. The deal signed with landlord Akron Investment CEE II (AICEE II) is the third-largest office leasing transaction in Poland so far this year, according to property adviser Jones Lang LaSalle.
Two Polish subsidiaries of French insurance giant AXA have extended a 7,000 m2 lease at the Warsaw Trade Tower. The deal signed with landlord Akron Investment CEE II (AICEE II) is the third-largest office leasing transaction in Poland so far this year, according to property adviser Jones Lang LaSalle.
Jones Lang LaSalle acted on behalf of AICEE II, while Heitman International provides asset management services for the fund at the Warsaw Trade Tower.
With 43 floors and measuring 208 metres high, Warsaw Trade Tower is the tallest office building in Central and Eastern Europe.
AXA Group has been present in Poland since 1995 where it serves over 1.5 million customers. The group offers pension funds, life insurance, property-casualty insurance as well as mutual funds.
'We are pleased that AXA has chosen to extend their lease, as one of our key tenants. It shows that Warsaw Trade Tower continues to be a desirable and well run property as well as showcasing Wola as a sought-after office location,' said Akron partner Stefan Ausch who negotiated the lease together with Heitman International on behalf of AICEE II.
