Construction works completed on Rondo1, Warsaw, Poland (PL)

On June 22, 2005 Hochtief Project Development Polska, which is related to the German company Hochtief Development, celebrated the hanging of the traditional garland of flowers and herbs on the Rondo1 building. This event symbolises the completion of all construction works. Rondo1, built using the latest technologies, will also have a special garland of light installed. At night, the modernistic Rondo1, expected to be one of the most luminous buildings in Warsaw, will glow with the specially designed light decoration. This is how it will announce its opening to the citizens of Warsaw, that it is opening soon.

In the presence of special guests, co-operators and contractors, which were engaged in the construction of the Rondo1 building, Piotr Olbryś, the Managing Director of Hochtief Project Development Polska, stressed that co-operation between all the parties and companies working on this project was successful.

„It is hard to express in just a few words my appreciation and thanks to all the persons who took part in the realisation of this project, which is particularly modern and technologically advanced" – he said. "This relates to the workers, all subcontractors of the investment, as well as the bankers and investors. Warsaw has joined the exclusive group of cities, in which buildings designed by the famous architecture firm Skidmore, Owings & Merill of Chicago, are present. Rondo1 will be soon compared with buildings such as the John Hancock Center and Sears Tower in Chicago, or Jin Mao in Shang-hai".
Piotr Olbryś also stressed that Warsaw is an important city in the European real estate market: "The building, on which the symbolic garland has been hung, emphasises the political and economical development of the Polish capital during recent years. Rondo1 will add a new dimension to Warsaw's panorama, by giving it a prestigious profile which expresses the city's aspirations and ability for partnership and co-operation with other economically big nations.
The investment of EUR 200 million in the ultra modern and multifunctional office building shows that Hochtief Development is strengthening its presence strategy on international markets, and it is continuing its plan with many successes in the development sector."

The modern Rondo1 complex is located in the very centre of Warsaw at the crossing of Świętokrzyska and Jana Pawła II streets in the Central Business District. Thanks to this central localisation and proximity to all public transport, the ONZ Roundabout is very well connected with the surrounding city and the airport.

This investment, one of very few in Warsaw, offers the highest standard of the office space, which will meet requirements of the most discerning tenants. Amongst the tenants in the office part of the building, are the international audit and advisory firm Ernst&Young (which will open its office already in January 2006) and the legal firm Baker&McKenzie. The developer of the glass building, Hochtief Project Development, is currently negotiating further promising lease agreements of the office space in Rondo1.

The technologically advanced solutions used in Rondo1 will ensure that the tenants needs are catered for with quality. These are, for example, a BMS system which enables the operation of light and temperature from a PC user; the office can be flexibly designed according to client's needs, with four alternative toilet locations. There will be 18 lifts which will take passengers to the last 40th floor within one minute. The 10-floor complex part of the building, which is already fully leased, will be connected skyscraper by a so-called "Winter Garden", which will be open to the public.

'One of the most important goals when designing the Rondo1 building, was not only the creation of a pleasing work area for over 6 thousand people, but also of creating an image of the complex, to be a friendly and inuiting space for visitors and clients, and an interesting meeting place. A new, important place on the map of Warsaw, which will be open

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