ARTICLES LABELLED WITH TAG lease

ExxonMobil’s Global Business Services Center has signed a lease, agreeing to occupy GTC’s entire Pillar office building, which is currently under construction and due for delivery early Q1 2022. This is the largest deal in an office building that is already under construction in the history of Hungarian office transactions. CBRE represented ExxonMobil in this record-breaking transaction.

Cushman & Wakefield has been appointed an exclusive commercialisation agent for the Bawełnianka Shopping Centre in Bełchatów. The owner of the scheme is Krakow-based Gbb Invest Spółka z o.o.

JLL will be responsible for leasing commercial space in Airport City Gdańsk. Construction of the complex, whose usable area will ultimately total approximately 120,000 sqm, will start at the end of this year.

P3 has signed new leasing contracts with two companies in Romania, Coca-Cola HBC Romania and Mobexpert. The total space leased by the two companies in P3 Bucharest A1 park is of 5,000 sqm.

Irányi Palace - located in Downtown Budapest in Irányi street, between Váci and Veres Pálné streets – will rejuvenate by mid-2020 as a high quality, contemporary style office building. The property, owned by Optinvest Zrt is being rebuilt by EBH Invest, based on the plans of Pyxis Nautica Design & Build, while Colliers International has been exclusively appointed to lease the building.

Parties to the largest lease transaction in the history of the Polish office sector included Golub GetHouse and Mennica Polska SA, investors in the Warsaw-based Mennica Legacy Tower and mBank, which ultimately leased 45,600 sqm of the investment. The building has been fully commercialised a few months before the completion of construction works.

P3 has announced the signing multiannual contract with PepsiCo for the lease of 58,470 sqm of modern warehouse and office space at P3 Mszczonów park. This will be the largest PepsiCo facility in Poland forming concern’s distribution network and operating as a central warehouse. JLL represented the client in this lease transaction.

Modesta Real Estate continues to be the exclusive broker for lettings in Westend Tower, Bratislava. The company successfully arranged office space for a large number of companies over the past few months. In addition to many new contracts, the leases of some major companies have recently been extended. These include international companies such as Kovintrade and the pharmaceutical and biotechnology company Adamed.

LPP SA, the biggest Polish clothing manufacturer in Central and Eastern Europe (owner of five fashion brands: Reserved, Cropp, House, Mohito, and Sinsay) in line with its development strategy for the coming years, leased 25,400 sqm of industrial space from PNK Group in PNK Park SEREĎ in Slovakia. The contract provides for an option to lease another 7,300 sqm in the same building within three years. Therefore, the company could occupy the entire second building of the PNK Park SEREĎ with an area of 32,700 sqm. JLL acted as a consultant for the preparation and execution of this lease contract which is one of the biggest transactions recently recorded in the Slovak market.

Wing entrusted JLL and Cushman & Wakefield real estate agencies with the leasing activities of its 42,000 sqm Liberty office building. The building will be realised next to the new Telekom headquarters and its delivery is expected in 2021.