Raiffeisen Bank Leases Space In Blue Office

31 May, 2007, Warsaw

Cushman & Wakefield, the world’s leading real estate service firm has acted as an agent in negotiations and signing office space lease agreement between Raiffeisen Bank Polska S.A. and developer Blue City sp. z o.o.

Raiffeisen Bank Polska S.A. has leased 8,200 sq m in Blue Office building in Warsaw. The agreement has been signed for 10 years. Raiffeisen Bank Polska S.A. focuses on the services of medium and small enterprises and Polish middle class. The Bank belongs to the Austrian Raiffeisen Group, a leading Bank Group in East and Central Europe.

Blue Office is 30,000 sq m of modern office space in two buildings located at Aleje Jerozolimskie in Warsaw. The advantages of Blue Office are its location, large number of parking spaces, efficiency of space, modern fit-out, good technical parameters and height above the standard (3.5 m). The first building of 14,000 sq m on four floors is fully leased and is currently under construction. It will house among others the offices of Raiffeisen Bank Polska S.A.

Blue Office is a part of the complex which includes Blue City shopping centre. Blue City offers over 200 retail and service units and exhibition/conference centre. The owner and the property manager of Blue City and Blue Office is Blue City sp. z o.o. Its real estate portfolio is located all over the world. Majority stake of the firm’s 51% belongs to Dutch investment group. Minority stake belongs to Turkish and American investors group.

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