OFFICE
OCHRONY RODOWISKA GROUP TAKES PRIME WARSAW SPACE Bank Ochrony Srodowiska Group (BOS) has taken a 12-year lease for the 10,000 m2
. class A
Feniks office building in Warsaw. Prime rents for the Polish capital offices are around €300 per m2
The group is a commercial bank for both individuals and corporations. It entered the Polish market in 1991 and has been listed on the Warsaw Stock Exchange since 1997. Its main shareholder is the National Fund for Environmental Protection and Water Management. Feniks,
developed by Europlan, provides around 9,000 m2
of office
space over seven storeys and around 1,000 mZ of retail on the ground level. It provides 54 underground parking spaces and was designed by Archico Projekt. The building is located at 32 Zelazna Street
Feniks building, Warsaw
in Warsaw’s central business district, near the Warsaw Central railway station and the Złote Tarasy shopping centre. Cushman & Wakefield acted for the bank.
OFFICE MARKET TO RECOVER: COLLIERS There will be continued improvement in EMEA office markets in 2013, despite eurozone uncertainty, according to Colliers forecasts. Central London
remains the top European office investment market in 2012. Rents in UK regional markets should remain stable in 2013 owing to a lack of Grade A space. The firm also expects
the German office leasing market to remain stable, with modest growth in take-up volumes. However, the trend
of shrinking office space availability is expected to be reversed in France as new construction projects are completed. In the CEE, Colliers
expects subdued activity.
UNION TAKES PRELET IN MAINTOR PORTA Union Investment has agreed to take 14,000 m2
of property company
DIC’s MainTor Porta office complex, triggering the start of the €140m phase of the MainTor project in central Frankfurt. Union will move in on completion of the complex in 2014. MainTor will
start on site this quarter, creating a riverside financial district built in five separate phases, with construction starts prompted by prelet signings. Financing is being provided by a consortium of banks led by Deutsche
Hypothekenbank. The Union Investment letting accounts for about 70% of the lettable space at the 20,000 m2
Main Tor Porta.
MainTor Porta is close to MainTor Primus where construction is already in progress following the sale of the complex to private investors Caro Giersch in June. This phase is scheduled for completion in 2013 and DIC will relocate its headquarters there.
IN ASSOCIATION WITH
MainTor Porta office complex
EURO PROPERTY
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