Do It Yourself

The Allianz Polska Group will move into the Topaz building, developed by Globe Trade Centre. Ernest & Young are taking their offices to Rondo 1, developped by Hochtief Project Development. Compensa decided to cooperate with Karimpol and chose the Mistral office building. Those three large rental contracts in Warsaw, respectively 11,000, 11,000 and 4,500 sqm, have in common the fact that they were concluded without an estate agent. Andrzej Lany, Karimpol Marketing Manager remarked that he treats that rather as a coincidence and not an expression of developer disgust towards agents. To which Jarosław Gorzko, Skanska Property Poland Marketing and Sales Director, retorted that it was no accident and added that he knows of several lease deals to be soon signed, also without estate agents. He who knows the market Jarosław Zagórski of Cushman & Wakefield Healey & Baker says he is able to imagine one reason why a developer might avoid working with an agent