Ferrari leases space at Warsaw's Tower Investments

Italian sports car manufacturer Ferrari has signed a letter of intent with Tower Investments on leasing a 2,000 sqm at Auto SIM luxury car showroom, the companies informed in a statement. Tower Investment bought a 3,000 sqm area for the project on ul. Przyczółkowa (Warsaw's Wilanów district) in June 2016. Ferrari agreed to a rent of PLN 820,000 per year in the centre that has yet to be built with the final contract to be signed no later than December 31, 2016. The building is scheduled to be officially opened in Q3 2018, a statement read.