Ghelamco Group sold its Grade A office project Trinity Park III in Warsaw

The new six-storey building has a U-shaped design and contains three separate foyers. With a total rental space of 32,587 m² and 869 parking spaces, 4,500 m² of office space are available on each floor. The main tenants are the Polish headquarters of Unilever, Kraft Foods, Teva Pharmaceuticals and MTV Networks. Trinity Park III is one the first buildings in Warsaw for which a BREEAM certification application has been filed.

Trinity Park III is strategically located on Ulica Domaniewska, one of the largest commercial streets in the district of Mokotów, with the “Galeria Mokotów” shopping centre located within walking distance. Bus and tram stops are situated very near the property and the construction of the new ring road and the high-speed rail link planned for 2012 will further improve accessibility. Warsaw International Airport is at a ten-minute car drive.

In Mokotów, Ghelamco Group already delivered over 140,000 m² of fully leased A-class office space. Next month, the group will start constructing its next project, Mokotow Nova. This ul. Wolowska project is a 40,000 m² modern A-class, environmentally friendly office park.

SEB ImmoPortfolio Target Return Fund, the new owner of Trinity Park III, is aimed at institutional investors and high net worth individuals. It invests in established real estate markets as well as in regions and utilisation concepts with clear growth prospects.

About Ghelamco Group

Ghelamco Group is a leading European real estate investor and developer active in the offices, residential, retail and logistics markets. It maintains a high quality internal control with respect for agreed milestones over all its project development phases: land purchase, planning, coordinating the construction phase and sale or lease. Its projects combine prime and strategic locations with efficient and aesthetically inspiring designs. Its successes on the Belgian, Polish, Ukrainian and Russian markets are generated by the group’s professional and enthusiastic staff that is driven by the vision and passion of its CEO, Mr Paul Gheysens.

In Poland, Ghelamco Group is one of the leading and most frequently awarded providers of flexible modern business space. In 2008, the Group received for the third year in a row the ‘Developer of the Year in Poland’ award and in 2006, it was named ‘Developer of the Year in CEE region’. In addition, one of Ghelamco’s projects, Marynarska Business Park, was recognized as the Best Overall Polish Development in 2008.

source : Ghelamco Group