Country News
15.11.2018

IMMOFINANZ signs office agreements for total space of over 16,000 sqm in Warsaw

Since the beginning of the second half of the year, IMMOFINANZ has signed office contracts for more than 16,000 sqm. The finalized agreements are equally divided between new leases and extensions of current leases. In total, since the beginning of the year, IMMOFINANZ has signed contracts for  over 33,000 sqm in the Warsaw market.

The three largest contracts signed at EMPARK Mokotów Business Park are prolongations of current leases combined with leasing of additional space: Toyota Bank Polska (more than 2,500 sqm in total), Getin Noble Bank (almost 2,000 sqm in total) and Europ Assistance Polska (over 1,300 sqm in total).
In myhive IO-1, RTB House, a tenant operating in the technology sector, extended its contract and significantly increased the amount of space leased, to almost 3,500 sqm in total.

"This is another year in which we can see how the businesses of our IMMOFINANZ office tenants are growing, which as a consequence increases their staffing levels and creates a need for additional space in our buildings. Some of them have more than tripled the space leased from us over a very short period of time", commented Magdalena Kowalewska, Country Manager Operations Poland, IMMOFINANZ.
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