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JLW chosen for Tishman project

Tishman Speyers would not confirm the appointment of UK-based property consultant JLW to organize marketing for the project. But sources with property agents said last week it appeared JWL had snagged the deal.
"(The agent) is selected, but I cannot announce it yet," said Grzegorz Buczek, senior advisor to Tishman Speyers Properties. Torben Nielsen, who manages Tishman's operation in Poland, could not be reached for comment by press time.
JLW would neither confirm it had won the contract, for which three other property firms had also competed.
"It's difficult for me to confirm, all I can say is it's quite likely," said Ian Elliott, a partner with JLW who manages retail operations in Poland.
Executives at other real estate agents said they too expected JLW to be announced as winner of the project. The other companies short listed for the sought-after project included Healey & Baker, Knight Frank and Prime Property.
Tishman next year plans to start construction of the $300 million mixed retail, office and entertainment center. The project will be completed late 2000 or early 2001. It will contain 100,000 square meters, including 70,000 square meters of retail.
Once this project is completed, Tishman may expand the development and add another 200,000 square meters that would include a hotel and offices for a total investment of $600 million.

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