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Real estate Lokale Immobilia

Warimpex launches €50 mln office project in Łódź

16:59

Austrian investor and developer Warimpex has launched the construction work on its Ogrodowa 8 Office project in downtown Łódź, which will comprise 28,600 sqm of leasable space, including 3,900 sqm of retail and service area located on the ground floor of the scheme. The development is scheduled for completion in the first quarter of 2018. The first lease agreement for space in the investment has already been signed, said Jerzy Krogulec, the president of the management board at Warimpex Polska. The investor plans to have the Ogrodowa 8 Office project, which was designed by the OP Architekten architectural studio and is being commercialized by CBRE, BREEAM-certified at the 'Very Good' level. The value of the scheme is estimated at approximately €50 million. Warimpex is already well known in Łódź for the andel's hotel project, which the company developed in the city in 2009.

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