International tenants at Okęcie Business Park

The tenants of the first building in the complex – Nothus, will move in by the end of March. The interest in the second building – Zephirus, scheduled for completion in August 2008, remains strong.

The office of NovoNordisk in Zephirus (9,100 sq m NRA) will include an area of 2,100 sq m. The Danish pharmaceutical company, with nearly 100 years history of operations, specializes in production of insulin. NovoNordisk employs 25,500 people in 80 countries, while its products are sold on 179 markets worldwide.

Another renowned tenant of Okęcie Business Park is the world’s third largest home improvement retail group – Kingfisher, which manages a chain of 755 DYI stores like Castorama, Brico Depot and B&Q in 9 countries in Europe and Asia. Kingfisher leased 700 sq m of office space in the Nothus building.

NovoNordisk and Kingfisher have joined the list of current tenants of the complex, including Moeller Electric (1,200 sq m), Mitsubishi (1,100 sq m) and LOTGround Services (1,800 sq m).

Okęcie Business Park is being developed by Globe Trade Centre S.A. (GTC) on 17 Stycznia Street, next to the headquarters of LOT Polish Airlines and the Polish Airport Authority (PPL), as well as close to the VIP terminal for private jets. Upon completion the complex will consist of six buildings with total NRA of approx.54,000 sq m. It will be the first business park in Warsaw adjacent to Okęcie International Airport.

“The interest of tenants in the Nothus and Zephirus buildings is a prove of the international trend: business centers located next to international airports in large cities enjoy growing demand all over the world. In the case of Okęcie Business Park another advantage is the convenient connection with the main route leading from Warsaw to the south of the country and with popular residential districts like Ursynów and Natolin,” said Karol Klin, Director of the Office Space Leasing team at CB Richard Ellis.

The buildings in Okęcie BP were designed by APA Kuryłowicz & Associates architecture studio, led by the renowned Polish architect Prof. Stefan Kuryłowicz. The concept design emphasized both the natural features of the surrounding area (a natural pond, ample greenery etc.) and the proximity of the airport.

Warbud S.A. is the general contractor for the first two buildings. Jones Lang LaSalle and CB Richard Ellis are the exclusive agents responsible for leasing of office space.

The total cost of Okęcie Business Park is estimated at EUR 120 million.

In 2008 GTC will complete more than 50,000 sq m of modern office space in Warsaw. In addition to buildings constructed within Okęcie BP, two buildings ofPlatinium Business Park are being erected at the intersection of Domaniewska and Wołoska streets and the Nefryt office building at the corner of Domaniewska and Rodziny Hiszpanskich streets.

GTC office investments in Warsaw win new tenants. NEFRYT fully leased

Allianz is expanding its offices in the NEFRYT building by an additional 4,000 sqm. Although the building has not opened yet, it is already fully let. Platinium Business Park is also enjoying great interest among potential tenants. The construction of the first phase of the business park has been completed, and the second phase will be finished in August 2008.

NEFRYT’s tenants will start working in their new offices in about a month, but the whole building has already been leased. Allianz recently joined the group of new tenants due to its expansion from the ALLIANZ FINANCIAL CENTRE, an office building acquired from GTC. NEFRYT, located at Domaniewska and Rodziny Hiszpańskich streets in Warsaw, offers a total of 15,300 sqm of top-quality office space. The building was created by JEMS Architekci, as was the adjoining TOPAZ building.

Other future tenants in the NEFRYT building include Noble Bank (6,100 sqm), Roche (2,000 sqm), Lowe GGK (1,500 sqm) and Ray & Berndtson (350 sqm).

Platinium Business Park is being developed by GTC in Warsaw at the corner of Domaniewska and Wołoska streets, in the vicinity of Galeria Mokotów. The office park will comprise 5 Class A buildings offering a total of 45,000 sqm of modern office space. The buildings are being constructed to top-quality standards including raised floors and a maximum of natural lighting.

Platinium Business Park offers the best possible working environment, providing its tenants with greenery and a pond in the courtyard. The design of the complex reflects all the experience of the award-winning architects JEMS Architekci.

Leo Burnett (2,100 sqm), GE Medical Systems (1,450 sqm), Trio Management (1,460 sqm) and Levi Strauss (1,200 sqm) will locate their headquarters in Platinium Business Park offices.

The first phase of Platinum Business Park -Platinium 1 (9,000 sqm) , was delivered in December 2007 and the second building will open in August 2008.

Multinational companies regularly choose GTC’s buildings for their offices,” said GTC Commercial Director Michał Melaniuk. “Future tenants appreciate the advantages of these office projects: carefully selected location, excellent connections with the city center, top-quality office space, and the opportunity for expansion within the same office park.”

Globe Trade Centre S.A. will deliver nearly 50,000 sqm of high-class office space to the Warsaw market in 2008. Last week it was announced that the company has been recognized by the panel of judges for the CEE Quality Awards as CEE Real Estate Developer of the Year 2007.

Hewlett Packard chooses GLOBIS Wrocław

Globe Trade Centre S.A. (GTC) has signed a lease agreement with one of the leading global IT suppliers, Hewlett Packard. HP plans to develop its activity in Wrocław and for this purpose it will lease 6,500 sq m of office space in the GLOBIS office building in the city center.

GLOBIS Wrocław is scheduled for completion by the end of March 2008. Finishing works are now underway. The investment is located at the intersection of Powstańców Śląskich and Swobodna streets, in front of Arkady Wrocławskie, close to the main railway and bus stations, and is surrounded by many commercial and residential buildings.

The GLOBIS building comprises 850 sq m of retail & service space on the ground floor and eleven floors with an average area of 1,200 sq m of office space. The total office area available in the building is 14,500 sq m.

Apart from Hewlett Packard, which is to occupy four floors, other companies that will open their offices in GLOBIS Wrocław include Raiffeisen Bank (1,200 sq m), Medicover (1,300 sq m), HDF (475 sq m) and the Tarkowski notarial office (400 sq m). The first tenants will move into the building in the middle of May 2008.

GLOBIS Wrocław is based on the architectural design by Studio EL, a local architectural studio from Wrocław directed by Edward Lach.The same studio designed GTC’s second investment in the city, Karkonoska Office Center, where construction is to begin this year.

Wrocław is one of seven cities in Poland where GTC operates, alongside Warsaw, Cracow, Poznań, Katowice, Łódź and Częstochowa. The company has been present on the Polish real estate market since 1994 and is steadily extending its European portfolio, investing in three main sectors: office buildings, shopping and entertainment centers, and residential property. The company was named CEE Real Estate Developer of the Year 2007.