Two lease agreements at Metropolitan

Two new lease agreements at the Metropolitan building in Warsaw, developed by Hines, have been announced. McKinsey & Company will occupy 2,224 sqm for five years and Amerbank, 2,227 sqm for seven. For the former deal Cushman & Wakefield H&B were the leasing agents and for the latter, CB Richard Ellis.

Construction completed in ul. Mysia

"The censorship building has been turned into Liberty Corner, the bleak fauade has given way to beautiful Polish sandstone, and the narrow corridors and grim little rooms, to an open, modern plan," says Adam Trybusz, Managing Director of the Von der Heyden Group, at the opening ceremony of the Liberty Corner office building in Warsaw.
The 8,200 sqm building will be leased partly by Polska Agencja Prasowa (the Polish Press Agency), VdHG and Knight Frank Nieruchomości.

Office deal in Poznań

The bank PBK BPH have signed a lease agreement for 2,000 sqm at Centrum Biurowe Globis, property of developer Globe Trade Centre, in Poznań. The mobile phone operator PTK Centertel will also take up 300 sqm at the building, which consists of 13,000 sqm of office space, on nine floors. There is also 570 sqm of retail space in the development.
For GTC's first Polish project outside of Warsaw, Pentagram, in consultation with SAP Project, were the architects, the general contractor Hochtief Polska and the joint exclusive leasing agents are CB Richard Ellis and local firm Błaszczyk.

Frili Properties Polska invests in Poznań

Frili Properties Polska, owned by the Swedish Bonnier Group, which specializes in office and industrial investments, has acquired two secession-period residential buildings in Poznań, which will become retail and office properties of a total of 1,900 sqm of leasable space. The PLN 5.8 mln investment, the cost of which includes the buildings' refurbishment, is one of the companies' first outside the town of Leszno, in the west of Poland, where it has its Polish headquarters.

Colliers' report Warsaw office market for first third of 2003

A Colliers International report entitled "The Barometer", which looks at the performance of the Warsaw office market in the first four months of this year, has concluded that the current low levels of leasing activity in the market are not absorbing the new space arriving in the capital. The limited extent of construction is however beginning to reduce the vacancy rate, though the report reminds landlords, that another 114,000 sqm of space will be added to the city by the end of the year and advises them to accept that Warsaw is still very much a tenants' market. This trend it suggests will come to an end in 2004.

Prize for Sodexho Polska

At the eighth International Intelligent Building Conference, Sodexho Polska won the 'Best Facility Manager' prize. The company manages 37 buildings in Poland.

New office building for Toyota

The Polish subsidiary of the Japanese car manufacturer Toyota Motor Corp, Toyota Motor Poland, has opened a new office building in Warsaw, with a total area of 2,700 sqm, which includes both a showroom and offices, at a cost of EUR 2.9 mln. Budimex constructed the building.

New office building for Warsaw

A new office building, Tulipan House, is to be developed as part of the Mokotów Business Centre in Warsaw next year by Grontmij Real Estate and will be one of the city's few 'eco-buildings'. The exclusive agents will be Colliers International.

Millenium Plaza signs agreement with parking operator

The parking operator Poland Car Parking is to manage the facility at the Millenium office building in Warsaw from this month. The company is also currently in negotiations with the owners of the retail centre Blue City, (under development at the moment), with a view to managing the parking lot there.