Briefs

Merlini building in Warsaw 85% leased

Recent deals at the Merlini building in Warsaw, developed by Rezydencja Merlini of Eco Holding, have taken the leased space there to 85% of its total 2,290 sqm. The new tenants include: Pekao with 1,146 sqm for their 2002 Xelion operation, which offers customer service support for VIP bank clients, ESRI (the Environmental Systems Research Institute), with 383 sqm of office space and Suntech, a software provider, with 383 sqm. Knight Frank Poland are the exclusive agents for the building and have also been involved in securing finance for it.

Co-exclusive agents appointed for Jerozolimskie Company House II

TK Development Polska, an independent subsidiary of TK Development, has appointed Jones Lang LaSalle and DTZ as co-exclusive agents for Jerozolimskie Company House II, which has already had 5,500 sqm of its total 9,150 sqm leased to Microsoft Poland.

Von der Heyden Group appoints new Executive Managing Director

The Von der Heyden Group has appointed Adam Trybusz as its Executive Managing Director. His job will involve being responsible for some twelve companies in Poland. Trybusz is a graduate from The Technical University of Wrocław, were he studied Project Management and he was responsible for overseeing the development of the EUR 47 mln Poznań Financial Centre, which is nearly 90% leased.
Cushman & Wakefield H&B comment on the European market
According to Cushman & Wakefield's latest market comment on European Real Estate, general economic uncertainty and the threat of war in the Middle East, will have an inhibiting impact on the market for both occupiers and investors. Cuts in firms' expansion and consolidation plans of last year, will pressurize the market, leading to an increase in supply and lower demand. Central and Eastern European markets however, may benefit from the high density of companies looking for more cost-effective solutions, though last year the Polish market for one, was on average, one of the worst performers on the Continent.

Gleeds to advise on new NATO HQ

International Construction Consultants Gleeds are to provide cost management services to the design team of NATO's new 172,000 sqm headquarters, on a 40-hectare site in Brussels. The firm has long been active in Central and Eastern Europe and has offices in Warsaw, Kraków, Prague, Bratislava, Budapest and Bucharest.

Second deal signed at Saski Crescent

Developer AIG/Lincoln Polska has signed the second lease agreement at the Saski Crescent office building in Warsaw, for 750 sqm, with the real estate agents Jones Lang LaSalle, who will move to their new office in the middle of April this year. The first contract, at the ten-floor 15,150 sqm building, was signed with Nykredit Bank Hipoteczny for 1,000 sqm and JLL represented the developer in the deal, as they will for any subsequent agreements.