Leasing of office space in International Business Center II in Warsaw starts at fast pace (PL)

Accession Fund, owner of International Business Center I and International Business Center II development project in Warsaw, has announced that PricewaterhouseCoopers, Union Investment and another international financial institution have signed agreements for the lease of office space in International Business Center II, thus joining the list of high-profile tenants in this centrally-located prestigious office building. Three companies will move in to their new offices in Q2 and Q3, 2007.

Quinlan Private Golub is acting as exclusive advisor to Accession Fund for the development, property management and leasing of International Business Center.

PricewaterhouseCoopers, which rents 6400 m² of office space in IBC I, has signed a long-term extension to its existing agreement plus will rent a further two floors, totaling 3092 m², in IBC II.

Union Investment, which is moving its entire office to IBC II, will occupy the whole of the 11th floor. Union Investment was represented by Colliers International.

947 m² on the ground floor of the building was also leased to an international financial institution which will open its branch there.

"We are pleased to welcome such high-profile tenants to IBC II" said Tatiana Cohen, Asset Manager of Accession Fund. "I am sure that this centrally located office building with its state-of-the-art facilities will meet the expectations of even the most demanding tenants. We have been delighted with the progress on the leasing and we expect to announce other high profile tenants shortly."

International Business Center I & II is a landmark building of 37,000 m² located at Armii Ludowej 14, at the Jazdy Polskiej roundabout in Central Warsaw, opposite Pole Mokotowskie park. The first phase was completed in 2002. IBC phase II, designed by Artchitecture (ex Denton Corker Marshall) and scheduled for completion in April 2007, measures 58.5 m high and consists of a total rentable area of 19,400 m² on 12 floors. It includes a 3-storey underground garage of a total area of 4,425 m² with 122 parking spaces. Quinlan Private Golub is the development manager of the project.

Besides easy and convenient access by car and all kinds of public transportation, the building also provides unparalleled views of Warsaw's most attractive green space in a city center location. The possibility of connecting IBC I and IBC II floors allows creation of the largest contiguous floor plate in central Warsaw, totaling approximately 3,500 m². In addition to the highly efficient and unique floor plate, which has been designed utilizing a 1.8 meter modular grid system, International Business Center offers a number of attractive features to its tenants. These include a dedicated telephone switch for the building providing up to 6,000 digital voice and data lines (with options to expand), 24-hour manned security and a professional on-site building management team. The building is fully air-conditioned and provides state-of-the-art safety systems, including fire sprinklers, stair pressurization and smoke exhaust ventilation.

Source: Questia

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