Crown Point topping off
Commercial Union Polska last month committed to occupy six of the building's seven floors and pushed the occupancy rate of the 10,675 square-meter building to more than 80 percent.
Shortly after construction is completed on Crown Point, building work should commence on the neighboring Crown Tower, another Ghelamco development. Crown Tower, with 7,500 square meters of space, is scheduled to be completed by the end of 2004. Last October, the inurance company Gerling Polska signed a pre-lease agreement with Ghelamco to move its head office to the top four floors of Crown Tower, a move that will occupy half of the building's lettable space. According to market research, these two deals were Warsaw's largest office space agreements for 2003.
Shortly after construction is completed on Crown Point, building work should commence on the neighboring Crown Tower, another Ghelamco development. Crown Tower, with 7,500 square meters of space, is scheduled to be completed by the end of 2004. Last October, the inurance company Gerling Polska signed a pre-lease agreement with Ghelamco to move its head office to the top four floors of Crown Tower, a move that will occupy half of the building's lettable space. According to market research, these two deals were Warsaw's largest office space agreements for 2003.
