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The Warsaw Voice » Real Estate » May 28, 2008
The Real Estate Voice
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Office Market:
May 28, 2008   
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Offices With Historical Flavor in £ód¼
Cushman & Wakefield real estate advisers have been appointed sole agent for the lease of the Jaracza 47 Prestige historical building on Jaracza Street in £ód¼. The building, constructed in 1900, is being renovated to provide modern office space while preserving its historical appearance. It has 1,200 sq m of space to let. The project investor and developer is Orange Property Group. The revamped building is slated to open in the second quarter of 2009. The project was designed by the Graæyna Zuterek Autorska Pracownia architectural studio. The cost of the project is 2.1 million euros.

The new Jaracza Street offices are in the heart of the city. The building neighbors the opera and the Wielki Theater, the University of £ód¼ and the Academy of Humanities and Economics (WSHE), the largest private college in the city, and is several hundred meters from the £ód¼ Fabryczna railway station and bus terminal. Narutowicza Street nearby has bus and tram stops.

"Jaracza Prestige is one of many renovation projects in £ód¼," said Krzysztof Misiak of Cushman & Wakefield's office space department, "but no other is quite as prestigious and comfortable, both in terms of standards and location."

Poznań's Malta Office Park, Stage II
Echo Investment is to start the second stage of the Malta Office Park project in Poznań this month. The building shells of the two office buildings to be constructed as the first stage of the complex have already been completed. The contractor was Fakt Budownictwo Sp. z o.o. based in Kielce.

Malta Office Park is a modern office complex on Baraniaka Street in Poznań. It will consist of four five-story and two six-story buildings, connected by a common underground parking area.

The complex will provide almost 31,000 sq m of rentable space. Among the tenants will be local and international companies from the IT, telecoms, financial and medical sectors.

Malta Office Park was designed by the Litoborski-Marciniak architectural studio. The entire project is to be completed by the end of 2010.

New Tenants for Business Park
Poland's largest office complex, the Empark Mokotów Business Park in Warsaw, aims to strengthen its position on the office property market and acquire new tenants. In the first quarter, Empark Mokotów Business Park signed lease contracts with two new tenants: Hewlett-Packard Polska and ProService.

Empark Mokotów Business Park is a complex of nine office buildings in Warsaw's Mokotów district. It provides over 107,000 sq m of office space, and 141 multinational corporations and Polish companies have offices in the complex.

Heitman European Property Partners III and Immoeast are the owners of Empark Mokotów Business Park.
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