Immobel’s flagship Central Point project in Warsaw

Immobel’s flagship Central Point project in Warsaw

Construction process ready to start

Immobel has chosen STRABAG as the general contractor of Central Point – an office project located in the heart of the Polish capital, at the corner of Marszałkowska and Świętokrzyska streets. Central Point - a 22-storey office building with a total area of 19,300 sqm. - straddles over M1 and M2 metro lines’ junction and the Świętokrzyska station. Central Point construction process will start in April this year. The completion of the project is planned for the first half of 2021.

A growing office demand

The Polish Capital real estate is a very fast-growing market. Warsaw has been ranked 7th best European city of the future and the 2nd best Eastern European city of the future with 4,6% growth last year (source: European cities and regions of the future).

In this context, many international companies are relocating there. This trend accounts for the rise in demand for office space, which resulted in a take up of 632,000 m² for the first three quarters of 2018. With the development of CENTRAL POINT by its polish subsidiary, Immobel is focusing on building a diversified portfolio per segment and countries that generates growth and recurring results.

 

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