Major lease transaction at Warsaw’s Cedet project

A tenant whose identity has not been revealed yet has recently signed a lease agreement for more than half of the office space available in the Cedet mixed-use project, which investor Immobel Poland is currently developing in downtown Warsaw. The scheme involves the modernization and extension of a former department store building and will comprise a total of approximately 22,000 sqm of class-A+ office and retail space. It is expected to be completed towards the end of Q1 or at the beginning of Q2 2018. The retail tenants of the development will include Smyk, which has recently leased approximately 1,500 sqm in the location.

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