• Avon Polska is one of the new tenants of Okęcie Business ParkOkecie Business Park

• The company rented 1,000 sqm of space in the Zephirus building

• Avon plans to move to its new offices in September of this year

Globe Trade Centre S.A. (GTC) and Avon Polska have concluded a lease for 1,000 sqm of office space in the Zephirus building at Okęcie Business Park in Warsaw. In September of this year, Avon will be opening its Polish Customer Service Office in the building.

Avon has been present on the Polish market since 1992. The company manufactures and distributes popular cosmetics and associated products.

Okęcie Business Park is the first business park to be located in the vicinity of Warsaw Chopin Airport. The complex will ultimately comprise six buildings with a total leasing area of 55,000 sqm. Two buildings—Nothus and Zephirus—have been finished so far, with a third one (Corius) in the preparatory stages of construction. The Zephirus building, where Avon will have its offices, provides a total of 9,600 sqm of office space.

All buildings at Okęcie Business Park are Class A office blocks, with raised access flooring, modern building management systems and access control systems, as well as a professional security service. Some of the additional facilities introduced for the convenience of the tenants include full air conditioning, suspended ceilings, and soundproof tilt windows.

A significant advantage of Okęcie Business Park is its location, providing convenient access to Poland’s biggest airport as well the city centre and the Mokotów business district.

“Office centres located in the vicinity of airports in major metropolitan areas are increasingly popular, especially among large international corporations,” said Piotr Kroenke, Management Board member and General Manager at GTC. “The infrastructure development processes that are currently under way around Okęcie Business Park, at the airport as well as expansion of the nearby roads and railroads, are a significant asset for potential tenants.”

The architectural design of Okęcie Business Park, which reflects both the natural advantages of the surroundings (with a pond and green areas) and the vicinity of the airport, was created by the prominent APA Kuryłowicz & Associates architectural studio, headed by renowned Polish architect Prof. Stefan Kuryłowicz.

GLOBE TRADE CENTRE S.A. (GTC S.A.) is one of the leading developers in the New Europe and was established in 1994 in Warsaw. Currently it operates in Poland, Hungary, the Czech Republic, Romania, Serbia, Croatia, Slovakia, Bulgaria, Russia and Ukraine.

GTC develops projects and manages completed properties in three key sectors of real estate: office buildings and parks, retail and entertainment centres, and residential.

GTC has developed about 800,000 sqm of net space and currently is the owner of completed commercial property with a combined net area of about 515,000 sqm. GTC also holds an impressive portfolio of investments at various stages of development which will facilitate the construction of 1.8 million sqm of commercial and residential space. GTC’s total assets exceed EUR 2.6 billion.

GTC’s shares are listed on the Warsaw Stock Exchange, in the prestigious WIG20 index. The company’s shares are also included in the international MSCI index and the Dow Jones STOXX Eastern Europe 300 index, as well as the GPR250 index, which comprises the 250 biggest and most liquid real estate companies of the world. Among GTC’s shareholders are many of the biggest Polish and international institutional investors.