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The Warsaw Voice » Real Estate » December 3, 2008
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Office Market:
December 3, 2008   
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Lumen 90% Leased Out
Ninety percent of space in the Lumen office building in the Z這te Tarasy complex in Warsaw has been rented out to tenants. The complex includes two office sites-the oval Lumen building with a glass facade, on the Z這ta St. side, and the 100-meter Skylight tower on the Emilii Plater St. side. The multifunction complex is located in the heart of the Central Business District, close to the Marriott and InterContinental hotels and to the Warszawa Centralna railway station.

The tenants at Lumen include Amgen, Banco Espirito Santo de Investmento, BZ WBK, Discovery Polska, DTZ, Efect Doradztwo Finansowe, Gleiss Lutz, ING Real Estate Development and HAYS. Skylight has attracted Bank BPH, Goodman Poland, Polimeni, Hard Rock Cafe Polska office and the office of Cushman & Wakefield.

The commercialization of both buildings is being handled by real estate services companies Jones Lang LaSalle and Cushman & Wakefield.

The two buildings feature different designs and hence have different commercialization strategies. Lumen offers large open spaces, while Skylight meets the needs of tenants seeking smaller office modules.

Lumen has more than 23,500 sq m of A+ class office space on eight floors. It includes two buildings, A (western) and B (eastern), linked by glass passages.

Skylight has nearly 20,000 sq m of space on 18 floors. Both buildings have direct, controlled access to the Z這te Tarasy shopping and entertainment center, on the second floor.

First Tenants for EuroPark

Warsaw's EuroPark office complex has acquired its first tenants, who will occupy a total of 2,800 sq m. The developer, Europlan Capital, is represented by DTZ real estate services company.

CODEC Polska has leased 2,000 sq m and plans to move in at the end of 2010 or in early 2011. The company is a European leader in business intelligence and performance management solutions for big organizations.

The other tenant, Russell Reynolds Associates, has leased 800 sq m and will move in in late 2010 or early 2011. The company specializes in executive recruitment.

EuroPark will be an A-class office complex with 70,000 sq m of space, including a 22-story tower and three nine-story buildings, linked by passages on the ground floor. It will be built in Warsaw's Mokot闚 district, at the corner of Sikorskiego and Sobieskiego streets. The first stage of construction is scheduled for late 2010.
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