Central Point office building in Warsaw secures renewable energy agreement

CP Development has signed a physical Power Purchase Agreement (PPA) for renewable energy supply for its Warsaw office building, Central Point, with advisory support from Colliers. Colliers provided services including market analysis, selection of the appropriate purchase model, and assistance with negotiation and implementation of the PPA contracts. The energy will be supplied and balanced by e.ON Polska.

The green energy for Central Point will come from two photovoltaic farms with capacities of 868 kWp and 998 kWp. This initiative places CP Development among a growing number of investors committed to reducing carbon emissions from their assets.

Mariusz Szymoński, manager of Central Point at Colliers, noted that PPAs are gaining traction in the real estate sector due to their ability to generate operational cost savings, support compliance with environmental reporting requirements, and enhance property value.

Beyond PPAs, property owners have several options for reducing carbon emissions, such as installing LED lighting, sealing ventilation ducts, implementing photovoltaic systems and heat recovery solutions, or undertaking comprehensive HVAC and thermal upgrades. Colliers conducts audits and analyses to identify which measures are suitable for specific properties.

Dariusz Chrzanowski, Director of Energy Services at Colliers, explained that the decarbonisation process involves multiple stages, including audits, strategic planning, and implementation. He also highlighted the availability of public funding, which can cover up to 75% of eligible costs, as an incentive for investors to pursue comprehensive sustainability improvements. Colliers provides guidance to property owners and managers throughout each stage of this process.

Central Point is a 21-storey building offering 18,000 square metres of office space and over 1,000 square metres of retail and service areas. Situated in the city centre at the intersection of Świętokrzyska and Marszałkowska streets, it is surrounded by significant landmarks such as the Palace of Culture and Science and the PAST building, as well as restaurants, hotels, and various cultural and sports facilities. The location benefits from extensive public transportation links, including the metro, trams, buses, and proximity to the Central Station and Warszawa Śródmieście suburban railway station.

The building was developed to high sustainability standards, earning a BREEAM Excellent certificate. It includes features such as electric vehicle charging stations, bicycle facilities with parking, changing rooms and showers, and optimised natural light access to support comfortable working conditions.