GTC constructing modern office building of 14,500 sqm NRA in the center of Wrocław
Building to be completed in the first half of 2008.

Globis Wrocław, a wholly-owned subsidiary of Globe Trade Centre S.A. (GTC), is beginning construction in Wrocław of a class A office building – GLOBIS. It is GTC’s first investment in the city, offering approx. 14,500 sqm of high-standard office space with retail/service backup.

GLOBIS Wrocław is located in the city center, on ul. Powstańców Śląskich, directly adjacent to the newly constructed Arkady Wrocławskie shopping mall and numerous commercial and residential investments going up in the vicinity. The new office building will have 12 floors – 11 with 1,200 sqm office space and 850 sqm ground floor with services for tenants of the building. The office space is planned either for a single-tenant or multi-tenant use. The design and the shape of the building will allow for efficient layout of the office space and plenty of access to natural light, creating comfortable working conditions.

“Wrocław is a city with great potential,” says Piotr Kroenke, General Manager of GTC. “More and more prominent companies are opening offices and factories here. Thanks to the commitment and support of the local authorities, new investments are expanding at a fast pace. We are confident that GLOBIS will attract the interest of the growing group of Polish and international companies seeking comfortable office space in a prestigious location for their business. With its attractive location and the high technical standard of the building, GLOBIS is sure to meet the needs of the most demanding tenants.”

The architectural design for GLOBIS Wrocław was developed by Studio EL, the Wrocław architectural firm led by Edward Lach. He designed a compact, elongated building with contemporary architecture, extending along ul. Powstańców Śląskich. The crowning feature of the building is the glass corner element where the main entrance is planned. There will be underground parking for 200 cars.

Construction works have already begun, and completion is scheduled for the first half of 2008. The cost of the investment will be over EUR 20 million.

The general contractor is the renowned international construction firm HOCHTIEF, which previously carried out the construction of GTC’s Globis office building in Poznań.

Project management has been entrusted to the Polish office of GLEEDS, a firm specializing in construction and real estate consulting. Gleeds has offices all over the world. Its Polish office has been in business since 2000 and is working with GTC in development of the NEWTON office building in Cracow.

The agencies IK Development and Knight Frank are handling letting of space in GLOBIS Wrocław. IK Development is a local Wrocław real estate office specializing in letting of commercial real estate. Knight Frank is part of the international real estate consulting firm.

Wrocław is one of seven cities where Globe Trade Centre does business in Poland, alongside Warsaw, Cracow, Poznań, Katowice, Łódź and Częstochowa. In October of this year, a GTC subsidiary acquired 1.3 hectares of land in Wrocław on ul. Karkonoska, between the city center and the Special Economic Zone in Kobierzyce. GTC plans to build an office complex of 30,000 sq m on the site.

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