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News Release

Warsaw

A fine year for Irydion office building in Warsaw


In 2014, lease agreements were signed on approximately 3,000 sq m in the Irydion office building in Warsaw. New leases were concluded with a range of companies including Rockwell Automation Sp. z o.o. (670 sq m), Dom Deco (650 sq m), Libris Polska (400 sq m) and Szafran Catering (240 sq m). Furthermore, two tenants already operating within the building took further space - PKP SA (by 720 sq m) and BZ WBK (by 250 sq m).

Marzena Zielonka, Senior Consultant, Office Agency, JLL, commented: "2014 was a very good year for the Irydion office building. The scheme is attractive to new tenants and enjoys the confidence of companies already present, who take extra space when they need to expand as a result of strong growth. This interest is driven by attractive commercial terms as well as the building's high standard of finish, prominence in the local market and convenient location."

Irydion is located in the Żoliborz district of Warsaw, a rapidly developing office location, which is an attractive alternative to the Central Business District, especially for companies who appreciate the proximity to the city centre, good communication, and access to green spaces. The scheme is characterized by its prominence - the façade faces the junction of Powązkowska and Krasińskiego Streets. Therefore, location is the building's biggest asset – it is within easy reach of Warsaw city centre and is well-served by public transport, the Plac Wilsona metro station as well as the S8 expressway. The building is located within walking distance of the Klif and Arkadia shopping centres.

In total, Irydion offers 9,200 sq m of leasable area on five floors (Ground and Upper floors). Currently, the building has 1,300 sq m of space available which can be arranged flexibly to suit any tenant requirement. Office suites can be offered from 300 sq m upwards. The building benefits from a common area add on factor of 0%.

Irydion is owned by Aviva Investors Central European Property Fund. The scheme's exclusive leasing agent is JLL.