Developer and investor Avestus Real Estate will in the third quarter of this year launch construction work on its Imagine office project in Łódź, which will comprise a total of 14,500 sqm of office space and 2,300 sqm of retail and service area in two buildings. A third building will accommodate parking spaces for 356 vehicles. The scheme is scheduled for completion at the turn of 2018 and 2019, with Colliers International acting as the exclusive leasing agent. “The dynamic development of the office market in Łódź and the high place of Łódź in the ranking list of business-friendly cities testify to a positive trend that contributes to the attractiveness of the investment,” said Mariusz Frąckiewicz, director Poland at Avestus Real Estate. He added that the Imagine project additionally benefits from its location in the Łódź Special Economic Zone. Avestus is now in the process of obtaining a BREEAM Excellent certificate for energy efficiency and environmental performance for the development. Apart from the Imagine scheme, the developer is currently working on the CUBE mixed-use investment in Warsaw, which offers more than 21,100 sqm GLA.
Image: Avestus Real Estate