Michelin signs long-term lease at Hines’ Ambassador Office Building in Warsaw

Hines has announced that Michelin has signed a long-term lease for office space at the Ambassador Office Building in Warsaw. Michelin will occupy more than 2,200 square meters in the modern office complex, owned by the Hines Poland Sustainable Income Fund (HPSIF).

Michelin, widely recognized for its high-quality products in mobility, construction, aeronautics, low-carbon energy, and healthcare, is also famous for its MICHELIN Guide, which recommends exceptional restaurants and hotels globally. The company’s new Warsaw office space will accommodate its growing operations in the region.

Rafał Lisak, Asset Manager at Hines Poland, expressed his excitement about the new partnership: “We are thrilled to welcome Michelin to the Ambassador Office Building. We are confident that the modern, sustainable office environment in a prime location in the Mokotów district will provide Michelin employees with a conducive workspace.”

Grzegorz Jagaczewski, Local Transition Manager at Michelin’s Warsaw Operational Center, emphasized the company’s commitment to sustainability: “Michelin is at the forefront of the green revolution transforming industries such as automotive, transportation, and energy. We are pleased to conduct our operations in the Ambassador Office Building, which meets all environmental standards, as reflected in its BREEAM certification. The high-quality office space and the seamless collaboration with the building’s management team make it an ideal location for us.”

The Ambassador Office Building is a Class-A facility situated at the intersection of Domaniewska and Pęcherska Streets in the rapidly developing Mokotów district. The building offers approximately 16,500 square meters of office and retail space, with convenient access to transportation hubs, including the Wilanowska metro station, a bus terminal, and Chopin Airport. It also features 297 parking spaces and extensive amenities for cyclists, including bike racks and a locker room with showers.

Additionally, a street food restaurant is set to open soon, providing a diverse dining option for both tenants and local residents.

Michelin was advised by Ernst & Young during the leasing process, while HPSIF received legal counsel from the law firm DPPA.