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What Poland has to offer real-estate investors

Here we have outlined some of the more interesting property that was offered by the regional municipalities and organizations.

Warsaw
On ul. Nowogrodzka 14, at Śródmieście, there is a tenement building available for development. It forms five storeys on the frontage of the street and three storeys on an inner courtyard and is listed under the historical register with a total area of 666 sqm. The land is designated for residential use, with a possible adaptation for hotel services. It is available for sale or perpetual usufruct and the guide price is zł.6.406 million.

There is a plot of land available at ul. Brylowska at Wola of 2,280 sqm. It has a temporary one-storey building in poor condition on it and is designated for a multi-family residential function with possible low-impact services at ground level. The permissible construction area is 40 percent with a cap on building height of 15 meters. The guide price is zł.3.15 million.

Another plot is available amid dense residential construction at ul. Radzymińska in Targówek. It is 922 sqm with a residential building scheduled for demolition, with a permissible construction area of 50 percent land available for construction and a maximum building height of 12-15 meters. The guide price is zł.372,000.

An unbuilt plot, about 50 percent of which is forested, is available on ul. Pasterska at Bielany. It is 3,695 sqm with a permissible construction area of 30 percent and a maximum building height of 12 meters. It is designated for single-family residential construction and the guide price is zł.1.421 million.

There is a 2,903 sqm unbuilt plot at ul. Beskidzka at Praga available for residential use with low-impact services at ground level. Permissible construction area is 50 percent, with a maximum building height of 12 meters. It is offered for sale with a guide price of zł.3.05 million.

Another unbuilt plot is available on ul. Koszykowa in Śródmieście of 1,059 sqm. It is designated for residential use and is subject to the current local development plan for the area around the Politechnika metro station. It is offered for sale with a guide price of zł.6.466 million, plus servitude of zł.341,000.

There are three vacant two-storey office/warehouse buildings available on 11,045 sqm on ul. Okopowa in Wola. It is designated for services with a permissible construction area of up to 4,170 sqm and a maximum building height of 16 meters. It is offered for sale at zł.15 million.

An unbuilt plot of 2,076 sqm is available at ul. Taneczna/Puławska at Ursynów. It is designated for services, trade and office construction with a 40 percent permissible construction area and a maximum height of 12 meters. It is offered for sale for zł.1.7 million.

A plot of 3,953 sqm in the vicinity of high-rise multi-family apartment blocks at ul. Ossowskiego in Targówek is available. The land is unbuilt and temporarily being used for parking, and is designated for multi-family residential construction with services at ground level and a multi-storey car-park. The permissible construction area is 60 percent and the maximum height of buildings is 35 meters for residential and up to 15 meters for services. It is offered for sale for zł.2.318 million.

There is also a plot of 3,364 sqm available at ul. Kłobucka in Ursynów, located near a warehouse/industrial/office construction and railroad tracks. It is designated for warehouse or trade construction use with a permissible construction area of 1,000 sqm and maximum height of 18 meters. It is available for perpetual usufruct with a guide price of zł.1.2 million.

Kraków
The Kraków team at MIPIM 2005 had an enviable portfolio of real estate available for lease or sale, including a series of sites at the old Kraków fortress. These range in size from a few hundred sqm to several thousand hectares. Although some facilities are listed, and present their own problems to developers in terms of conservation, they also have serious potential for development as hotels, restaurants, and tourism, leisure, retail, and research and development facilities. They are available for perpetual usufruct, sale or lease.

The retail sector also attracted considerable attention at MIPIM 2005. Galeria Krakowska is ECE's third project in Poland to date and is part of the wider Nowe Miasto development. It is one of the largest shopping centers in the country, with 60,000 sqm of retail space and 10,000 sqm of office space. The developers hope that the prominent site, near to the Old Town district, will attract a dynamic mix of shops, offices, hotels and entertainment and leisure venues. It enjoys direct access to the train station, is fully integrated with other public transport networks and is a five-minute walk from the Old Town. A multi-storey car-park will house 1,500 vehicles to cater for customers to the more than 250 shops, service outlets, cafes and restaurants.

Two sites for a multi-function complex and logistics center are also available in the Podgórze district at ul. Christo Botewa. At just under four hectares and seven hectares in size, and five kilometers from the city center, there is good potential in both plots. The proposed development program favors a logistics center, but service and production or exhibition centers, as well as modern technology manufacturing plants, would also be considered. The site is offered for sale with the tender procedure scheduled for June and July 2005. The initial price is zł.100 per sqm.

Poznań
The City of Poznan had a number of municipal properties on offer at MIPIM 2005. At ul. Wszystkich Świętych/Za Bramką there is an area of 4,526 sqm available for development. The maximum allowed height is four storeys and its intended use in the city plan is as a multi-storey garage or public administration facility.

A 5,976 sqm area is also available on 25a ul. Długosza, preferably for concentrated housing and services. It is located in an historic preservation area but there is no binding local spatial development plan.

The Marcelin district has five plots available, ranging in size from 16,000 sqm to 22,000 sqm, intended for use as offices, hotels, cinemas, retail, sports, recreation and R&D facilities.

Ul. Gajowa presents a total area of 28,508 sqm that is intended for services and housing. The local spatial development plan is binding for this area and the maximum coverage for housing is designated at 50 percent. The maximum height for on-site structures is three to five storeys.

One of the more interesting parcels of property is the 60,000 sqm railway station. It does not have a current local spatial development plan and is one of the few areas where commercial facilities in excess of 2,000 sqm are permitted. For further information on these properties in Poznań, telephone +4861 878 54 28 or see www.city.poznan.pl.

There are a number of office locations up for grabs also. AM has 3,000 sqm available in the Dwór Jakuba building on al. Marcinkowskiego. PGK Centrum has 4,000 sqm on ul. Marcelińska and the Von der Heyden Group has 1,700 sqm in the Poznańskie Centrum building and 8,000 sqm in the Andersia Tower, both at Plac Andersa. Kuball and Partner have 870 sqm in Dwór Hamburski at Wierzbiecie and 960 sqm in Dom Floriana at ul. Stablewskiego.

There are also two major warehousing parcels available in the region. There is 20,000 sqm available at the Poznań Distribution Centre at Swarzędz, which is being handled by Liebrecht & Wood, and CB Richard Ellis has 44,000 sqm at the Prologis Park at Tarnowo Podgórne, on ul. Poznańska.

Wrocław
The city of Wrocław has two interesting sites near the city center. The first is known as Wrocław Boulevards and is 153,000 sqm on ul. Rychtalska. This property is owned by Asset and Impel. It is an undeveloped area of three plots that is 2,800 meters from the City Hall Tower. The first plot is 2.59 hectares designated for residential buildings up to seven storeys. The second is 6.33 hectares designated for residential building and services, including trade, offices and hotels but excluding national health service objects. The third plot is designated for business activity, such as transport, services, productive activity and is 5.84 hectares. The properties are available for 99-year perpetual usufruct and are near the main routes leading to Poznań and Warsaw.

Powstańców Śląskich Square is a 2,201 sqm development site owned by the City of Wrocław. It is 1,500 meters from the city center in an attractive area near a roundabout leading to the A4 motorway. It is a built up area with a one-storey building scheduled for demolition. The proposal is for services facilities and apartments on upper storeys with a maximum height of 23 meters. It is designated for sale by tender. For further information see www.wroclaw.pl or contact the Wrocław city offices' real-estate division on +4871 340 7285.

There is also some office space available in Wrocław. Śliczna has 628 sqm at ul. Strzegomska in the Przy building and Skanska has 786 sqm at ul. Ruska.

Piotrków Trybunalski
King Sturge and DTZ have a substantial logistics and business park on their books to let or for sale at Piotrków Trybunalski. It is fully masterplanned, zoned and serviced and can provide logistics and light industrial facilities from 5,000 to more than 100,000 sqm. Poland Central, as it had been labeled, is 47 kilometers from Łódź, 99 kilometers from Poznań, 137 kilometers from Warsaw and 205 kilometers from Kraków and benefits from easy access to road links. It is split into seven phases, some of which are available immediately and the last of which will come on stream in 2009, ranging in size from 71 sqm to 245,000 sqm.

Szczecin
There are a number of residential tenders being offered in the Szczecin region. In the Stołczyn housing estate area there is a proposal for building single- and multi-family detached house and apartment blocks for some 9,000 people in the Glinki housing estate. The plot is 86 hectares and has been divided into: 14 hectares for multi-family apartment blocks; 44 hectares for single-family detached houses; and 28 hectares for roads, greenery areas and basic services.

The Sienno housing estate is a similar proposal for housing for 2,000 persons in the Żelechowa Housing Estate area. The land area has been divided into: 3.34 hectares for multi-family residential buildings; 0.67 hectares for one-family detached houses; and 0.91 hectares for service-center buildings. There are also two lucrative sites, one at ul. Strzałowska and one at ul. Wschodnia, available for further residential buildings. The plot sizes are two hectares and 10.5 hectares respectively.

There is a proposal for a three-star hotel in the Śródmieście district also, next to the proposed sporting and recreational area and the Żeromskiego Park. The plot is one hectare in size and is available for long-term lease or perpetual usufruct. There is also a proposal for a pension house and restaurant in the Prawobrzeże District, in the Zdroje Housing Estate, within the Szczecin Landscape Park, in the vicinity of Szmaragdowe Lake. The plot is 0.9 hectares in size and is available for perpetual usufruct.

A large site of 7.5 hectares is available on ul. Dąbska for industrial and storage purposes and is currently underdeveloped. It is in the Prawobrzeże District, within the Majowe and Kijewo Housing Estates. The plot is 7.5 hectares with very good accessibility and is available for perpetual usufruct.

There are also two plots designated for an industrial park in the same district, near ul. Lubczyńska and Kniewska. The sites are 2.8 and 3.7 hectares in size, with good accessibility and are available for perpetual usufruct.

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