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News Release

Warsaw

Adidas to move to Business Garden in Warsaw


Warsaw, 31 May 2012 – SwedeCenter, the investor and the developer of the Business Garden office park in Warsaw, has signed a long-term lease agreement with adidas for 2 800 sq m.  The company will occupy the second floor in one of the two office buildings that are scheduled for completion in the first phase of development.  Jones Lang LaSalle represented tenant in the transaction.

“We are pleased to welcome the first tenant of the Business Garden office complex in Warsaw. I trust that the lease agreement will mark the beginning of the long-lasting business relationship with adidas.” - said Roger Andersson, Country Manager of SwedeCenter. - “Business Garden Warsaw is attracting interest from potential tenants. Currently there are advanced negotiations for a few thousand square metres of office space and we expect to sign other lease agreements shortly.”

“Business Garden is a concept for a new generation of business parks. We are convinced that it will be a comfortable and inspiring working place for our employees. We are planning to start operations in our new office at the beginning of 2013.” - added Szymon Lubik, General Service Manager from adidas Poland Sp z o.o .

“Adidas is a company which recognises its responsibilities towards both the natural environment and its employees. While searching for the company’s new headquarters in Warsaw, we were focused on improving the quality and efficiency of the office environment, to provide better, future-proof workplaces: more attractive, more productive, and more healthy. Business Garden’s concept perfectly matches this philosophy.” - said Anna Krześniak, a Senior Consultant in the Office Agency in Jones Lang LaSalle.

Business Garden Warsaw, a flagship office investment of SwedeCenter, is located at the crossroads of Żwirki Wigury and 1 Sierpnia streets in Warsaw. Upon completion, the office complex will have more than 90,000 sq m of office, hotel, conference, trade and services space, spread over in seven buildings. The first phase of investment will consist of two buildings offering a total of around 32 000 sq m. The first office building will include around 14 600 sq m of office space, eight conference rooms, a terrace on the green roof of the first floor, a business hotel with 200 rooms, a restaurant, a café, shops and services units. The second building will provide another 17,500 sq m, designed exclusively for office use. The completion of the first stage of development is planned for Q3 2012.