Globe Trade Center to build office complex near Okecie

Globe Trade Center (GTC) is planning to construct a six office building complex. The 51,000 square meter investment will be near Warsaw's Okecie Airport. The project is planned to be constructed on four hectares of land, 3.3 hectares of which has already been bought by GTC for $5.2 million. Negotiations are ongoing for the remaining plots of land. The money for the land purchase is coming from GTC's assets but construction will be financed by banks cooperating with GTC. GTC representative Mariusz Kozlowski said construction of the first building would start in 2001 and be completed by the end of 2002. The other buildings will be constructed as demand warrants. The whole investment will be connected with the service and communication infrastructure of Okecie Airport. (Parkiet, page 3)