(27.07.2018) IMMOFINANZ signed contracts in the first half of this year for a total of over 17,000 sqm of space in its Warsaw office portfolio. Around 40% of the total was let to new tenants or related to expansion of space let to existing ones in IMMOFINANZ properties, with the remaining 60% made up of extensions of current leases.

'We can clearly see that the favorable economic conditions in Poland are one factor driving the development of our tenants' businesses. The fact that they want to work together with us as they grow by leasing additional space at our properties is confirmed by the numbers: in the last year our existing tenants have increased their office space in the IMMOFINANZ portfolio by a total of over 10,000 sqm', commented Magdalena Kowalewska, Country Manager Operations Poland, IMMOFINANZ.

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Immofinanz AG published this content on 27 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 July 2018 08:31:06 UTC