Ambassador project moves forward (PL)

Kronos Real Estate has hired CB Richard Ellis (CBRE) as exclusive leasing and marketing agent as it moves full speed ahead with its big plans for Ambassador project in Warsaw.


Ambassador will offer 15,600 m² of class-A office and retail space upon completion in Q1 2013.

Ambassador office building is located at Domaniewska street, between Woloska and Al. Niepodleglosci, next to Wilanowska metro station, providing great access to public transport. The building is very favorably situated in the Mokotow Business District. Future tenants will also benefit from friendly neighborhood of Galeria Mokotow, one of the most prestigious and popular Warsaw's shopping centers.

Ambassador will offer 15,600 m² of class-A office and retail space, upon its completion in Q1 2013. Construction work by Warbud has already started. The building was designed by AMC – Andrzej M. Choldzynski Sp. z o. o., best known from its landmark building design of New Stock Exchange in Warsaw.

The project will have 11 over ground floors, together with four underground levels accommodating 298 parking spaces. Additionally to other amenities such as restaurants, coffee shops, banks, laundry and fitness club, 1,800 m² green terrace was designed on the eighth floor.

Lukasz Kaledkiewicz, Office Agency Director at CB Richard Ellis, said: "The building is perfectly suited to attract high profile tenants from financial, insurance, pharmaceutical and automotive sectors among others. Mokotow is well established office district with historically strong tenants' demand and low vacancy rates. Under the current economic environment, cost appears to be the most crucial factor when considering a new lease. Ambassador is very attractive option for tenants looking to upgrade their office premises at cost effective levels."

Angel Medina, General Director of Kronos Real Estate added: 'The combination of convenient location, superb car parking provision and great floor sizes is proving very popular with local and regional companies seeking competitive rates together with a prestigious address. We are happy to appoint CBRE - when it came down to selecting the company best equipped to handle a project of this size and caliber, CB Richard Ellis was the perfect partner."

Source: CB Richard Ellis

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