Nestlé House – A unique investment opportunity

Nestlē House represents a unique investment opportunity to acquire a Class-A office asset with the long-term income stream secured by prime blue-chip tenants, favourably located in a key office cluster and offers competitive returns versus Western European competitors.

Hines, on behalf of the Hines Poland Sustainable Income Fund (the “Vendor”), has instructed Cushman & Wakefield (the “Advisor”) to be its exclusive agent for the sale of Nestlē House (the “Property”).

Key Investment Highlights

Unique investment returns and high liquidity

Exceptional 6%+ yield for 5 years WAULT best-in-class asset in Warsaw
Strong and stable cash-on-cash returns
High investment liquidity and debt financing availability for the CORE+ asset of this size

Premium quality highly efficient asset anchored by strong international tenants

A secure and solid income stream from highly selected blue-chip tenants – Nestlē (FMCG), Warbud/ The Vinci Group (Construction) and IMCD (specialty chemicals)
Operational excellence confirmed by one of the lowest service charge rates in Warsaw
Top market technical specification in line with the principles of sustainable development

Most desired micro location at one of key Warsaw public transport hubs – Metro Wilanowska

Strategic non-CBD destination due to unrivalled accessibility and multifunctional environment
In line with „15-minute city concept”
Well-developed infrastructure providing various means of public transport
Strong occupier demand combined with limited competition

Property

GLA

WAULT
as of March 2022

Occupancy

Gross Rental Income

Average
office rent

18,485 sq m

5.06 years

98 %

3,908,227 EUR p.a.

16.06 EUR /sq m

2015

Nestlē, Warbud (The Vinci Group), IMCD

1:52 / 356

16.00 PLN / sq m

FREEHOLD

Completion

Key tenants

Parking ratio / spaces

Service charge

Tenure

Microlocation

Nestlē House enjoys the best office microlocation in the Mokotów district – it only takes a 7-minute and 10-minute walk to the nearest tram and metro stations respectively. The most important leisure amenity in the neighbourhood is Galeria Mokotów, one of the most successful shopping centres in Warsaw and located within walking distance from the Property.

It has become the microlocation of choice for tenants thanks to the great transport connections, convenient road commutes and swift access to the city centre and the main residential districts of southern Warsaw – Wilanów and Ursynów. It also has a proven track record of higher occupancy rates and advantageous rent premiums as compared to other parts of the Mokotów office zone.