A subsidiary of Platinum Properties Group - Platinum Project II Sp. z o.o. - received the decision of the President of the City of Poznań, in which the construction design was accepted and the building permit was issued. The office investment with underground car park and necessary technical infrastructure will be built on the plot of land on Obornicka Street 281 in Poznań.
ONYX is a unique project, which represents a new quality on the office market in Poznań. In the capital of Greater Poland, there is a shortage of modern office space, available for small and medium-size companies. The companies from the SME sector have, inevitably, limited needs for office space, but at the same time, nevertheless, they look for independent offices, which they do not have to share with other tenants. Our building meets their expectations halfway. I am sure that our offer will meet with a large interest on the part of potential tenants, says Marcin L. Wróbel, the president of the management board of PPG.
According to the architectural design, the building will offer a total area of 13 100 sq. m, and 7 500 sq. m of usable office space on three floors. We focus on optimizing the distribution of usable space, allowing for efficient use of it by the tenant. Our unquestionable advantage, in addition to the high quality architecture and workmanship, is also location, enabling efficient access to the nearby city centre, adds Marcin L. Wróbel.
The office space in the building will be not only for rent, but also for sale. Some companies, for instance because of their intention to optimise the balance and because of tax-related reasons, are interested in buying an office instead of renting it. We want to meet their expectations, enabling them to purchase individual floors of the building together with proportional share in the joint parts, explains the president of the management board of PPG S.A.
The beginning of the implementation stage is planned for the fourth quarter of 2014, after the necessary level of renting space is reached and the financing is obtained.
Platinum Properties Group S.A. (PPG) was established in 2008 as a result of the merger of W-Link sp. z o.o. and Platinum Properties sp. z o.o. The company, listed on Warsaw Stock Exchange, operates on real estate market in Poland and Central and Eastern Europe.