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News Release

Warsaw

Adgar Plaza Building A opens for tenants with Building B being on their way

Warsaw, Poland


Warsaw, 2nd March 2009 - Adgar Postępu Sp. z o.o. announced opening of the first phase – Building A of the Adgar Plaza development and at the same time that the construction of second phase – Building B of the Adgar Plaza office complex is on their way with a delivery planned for October 2009.

Jones Lang LaSalle, the exclusive agent on both Buildings, has been involved in the commercialisation process since the beginning. Anna Aleksiejuk, at Jones Lang LaSalle said: “Since our appointment in May last year, we have leased over 50% of office space in Adgar Plaza Building A. As for the Building B, a number of agreements is under advanced negotiations. Therefore, we expect that before occupancy permit is granted (planned for Q3 2009), the majority of space should be leased.”

Among tenants who already have signed the lease agreements are: Antalis Poland and MAP Polska, Biuro Informacji Kredytowej, Urząd Zamówień Publicznych and Euromaster (Michelin). They start to move from May this year.

Hanna Piskorek, Director, Adgar Postępu Sp. z o.o. added: „Adgar Plaza is one of a very few office complex in Warsaw providing its tenants with convenient location and a wide range of additional amenities such as inter alias fully equipped conference facilities or Data Center. Our tenants, mainly companies with high requirements, appreciate those additional services and often comment that Adgar Plaza provides very attractive environment for their business activity. Location, building design and additional facilities hard to find in other office buildings – these are the factors highly considered by our tenants.”

Tenants appreciate the fact that from September 2009 the modern Conference Centre located in Building A, will start to operate. The Centre is fully equipped in the advanced multimedia services and can accommodate up to 300 people. The Adgar Plaza complex offers also its tenants a modern Data Centre, Fitness Centre with swimming pool, gym, SPA and squash and separate Restaurant building – ideal place for business lunch or late evening dinner.

Adgar Plaza, located on ul. Postępu 17A in Warsaw, is a complex of two office buildings offering approximately 11,800 sqm and 12,700 sqm of commercial space respectively in Building A and B. Both 10-storey buildings offers modern, highly effective office space for demanding tenants looking for a suitable location in Mokotów district of Warsaw.