IMMOFINANZ reports record – EuropaProperty

IMMOFINANZ Group finalised a record level of rentals in the Polish office and logistics sector during 2012/13. Leases for more than 60,000 sqm were newly signed or extended – more than ever before in a single financial year. This positive trend is continuing in 2013/14: contracts for over 7,000 sqm were signed during the first two months.

“Nearly 30 percent of the total office and logistics space owned by IMMOFINANZ in Poland was extended within one year. Our strategy to increase the focus on customers and improve our services is paying off. Tenants value the quality, flexibility and security that we can offer as a major real estate company,” indicated Eduard Zehetner, CEO of IMMOFINANZ Group.

With almost 200,000 sqm, IMMOFINANZ is one of the largest investors on the Warsaw office market.

Leases for 42,400 sqm of office space and 13,700 sqm of logistics space were extended and 11,100 sqm of offices were newly rented. The well-known tenants include CIECH (4,300 sqm), the U.S. Embassy (3,500 sqm), Pekao Financial Services (2,350 sqm) and Securitas (2,200 sqm) as well as Lionbridge, Storck, Sephora, Prudential, Greco JLT and CI Games.