Slough's latest Warsaw move

Slough Estates Polska (SEP) and Hochtief Polska's Budokor branch have signed a contract for general contractor services for Tulipan House, a four-storey office building.

Tulipan House will be located in the Mokotów district of Warsaw and after completion it will offer approximately 18,000 sqm of a class-A office space. The building's eye-catching architecture will feature a 14-meter-high atrium and modern technical specifications. Tulipan House was designed by Warsaw-based design office E&L Architects.

"Tulipan House is an example of a building that does not only offer interesting functional solutions for office space and high architectural standards, but it is also distinguished by its excellent location and a number of convenient facilities designed with its future users in mind," said Krzysztof Jankowski, director of Hochtief Polska's Budokor branch.

The building will be delivered in April 2008 and Jones Lang LaSalle is representing Slough Estates in the letting process.

Slough Estates International (SEI) is a property investment and development company. It develops and invests in property located in the UK, continental Europe and the US, focusing on edge-of-town flexible business space. Slough Estates PLC is listed on the London Stock Exchange and belongs to the FTSE 100. It has a worldwide portfolio with a value in excess of EUR 8 (zł.30) billion.

Currently, it has approximately 120,000 sqm under construction, 80 percent of which is already leased.