GTC flying high

After investing more than E250 (zł.939) million in prominent retail and office facilities in Warsaw, Globe Trade Centre (GTC) announced last week that it is starting construction on Okęcie Business Park (OBP), which would be the first office complex in such close proximity to Warsaw's Frederic Chopin Airport.

"OBP is meant to meet the needs of the big international and Polish companies, which appreciate the closeness to the city downtown, but still need easy access to the main roads and the airport," says Piotr Kroenke, president of GTC.

Besides the favorable location, OBP will also offer walkways and charming streets between the buildings. " It is a great opportunity for those who need a creative atmosphere at work." the company said in a statement.

Nothus, the first out of seven buildings at the business park, is to be finished in the first quarter of 2008 at a cost of E20 (zł.75) million. The seven-storey building offers 8,850 sqm of office space and 400 sqm designated for retail. The total cost of OBP is expected to be E120 (zł.451) million.

With its newest projects planned for delivery by the middle of 2008, Globe Trade Centre will hold 132,000 sqm of office space and 64,000 sqm of retail space in Warsaw.