Slough Estates has signed a EUR 20 mln contract with Hochtief Polska Budokor Branch for the construction of the Tulipan House office building in the Warsaw's Mokotov district. The 4-storey property will provide an area of 18,000 m[sup]2[/sup] and a two-level parking. Completion is scheduled for April 2008, Polish newspaper Eurobuild reported. Property advisor Jones Lang LaSalle is acting as the leasing agent for the property.
Slough Estates has signed a EUR 20 mln contract with Hochtief Polska Budokor Branch for the construction of the Tulipan House office building in the Warsaw's Mokotov district. The 4-storey property will provide an area of 18,000 m2 and a two-level parking. Completion is scheduled for April 2008, Polish newspaper Eurobuild reported. Property advisor Jones Lang LaSalle is acting as the leasing agent for the property.
Slough Estates, the UK-based property investment and development company, is one of the nine UK companies that converted to real estate investment trusts (REITs) on January 1, 2007. The performance of the companies is measured by the new FTSE EPRA/NAREIT UK REIT index launched by the FTSE Group early this month.
