Trinity delivers three in one

International developer Ghelamco has recently opened a major project for 2006 - Trinity Park Phase 1 (TPP1).

Tenants have already moved into the building, which was leased before completion. They include companies such as Philip Morris, LeasePlan, Xerox, Cargill, Intergraph, and Axel Springer. In deciding to locate its headquarters in TPP1, Axel Springer leased some 10,000 sqm in the building, which was one of the biggest leasing transactions in Warsaw in 2005.

TPP1 is an L-shaped structure consisting of three adjacent buildings with 19,000 sqm of space. It is located in one of Warsaw's most popular suburban office areas, Mokotów, on ul. Domaniewska.

"Mokotów is already the most developed business district outside the city center. The advantage is its location - it is between the airport, city center, and one of the biggest residential areas in Warsaw," says Jeroen van der Toolen, the president of Ghelamco.

Ghelamco arrived in Poland in 1991 and since then has become one of the biggest developers in Warsaw. It's famous for such projects as Zaułek Piękna in the Śródmieście district, which was considered the best office development in 2005. Now the company plans to expand its activities outside Warsaw - it has already invested in Wrocław in an office center on Plac Bema. Ghelamco is also turning to the residential market. By the end of this year the company wants to begin work on tenements at ul. Foksal 13 and 15, where it plans to develop luxurious apartments.

In total, Ghelamco has constructed over 170,000 sqm of modern commercial space throughout Poland. The office, distribution and residential schemes that Ghelamco is currently developing in Poland add up to some 150,000 sqm.