Erbud to build mBank HQ in Łódź

Property developer Ghelamco has chosen Erbud as the general contractor of its office scheme dubbed Nowa Formiernia in Łódź, which will be the new headquarters of commercial lender mBank. The contract is valued at €21 million, which roughly translates to PLN 91 million. Ghelamco has signed a 12 year deal with mBank to lease the building. It will encompass a total space of 24,000 sqm over six storeys and it will be wholly occupied by the lender. Nowa Formiernia is expected to be delivered in Q3 2017.