Catalogue - Eurobuild Awards

Our leading cities. Our leading modern market places.ECE cities are leading cities. More and more mayors and city planners in Europe consciously opt foran ECE shopping center, acknowledging the manifold opportunities this creates. ECE centers keeppurchasing power within the city, create additional jobs, and positively affect urban development. Wemanage 130 shopping centers in 100 cities in 15 countries, with unique places for our 14,000 tenants.All these generate 15.3 billion € annual sales. Together with our tenants and 3.2 million customersvisiting our centers per day across Europe, we create common value through our common historyand our common places.Shopping | Office | Traffic | IndustriesECE Projektmanagement Polska Sp. z o.o.ul. Fabryczna 5a, 00-446 WarszawaPhone: +48 22 310 6000, Fax: +48 22 310 6002www.ece.com, info@ece.pl

The Ultimate VerdictThis one’s differentThe Eurobuild Awards 2010 is like no otherreal estate awards initiative in Poland or Europe.It was designed to bring together the voiceof the tenant and the choice of the professional inone initiative.An independent market research company surveyedtenants of offices, shopping centres andwarehouses in selected projects across Poland,asking them to rate key aspects of the space theyrent. The highest-rated projects – the best office,shopping centre and warehouse in Poland accordingto tenants – were announced at the EurobuildAwards gala in the Hilton and are published inthis magazine (pp. 32-63).Next it was the turn of the market professionals.A large and diverse group of top real estate expertsvoted on projects that had been highly ratedby the tenants, as well as voting on other categories.For each category there was a different jury ofexperts who know the particular field well. We didnot necessarily go to managing directors, althoughthere are several MD’s amongst the jury members.We were looking for the people in each companymost in touch with the sector in question, for examplethose doing the deals.Another way in which we differ from other awardsevents was the decision not to invite jury membersto meet and discuss who should win as we didn’twant them to be influenced by others at the meeting.That’s not to say there’s anything wrong withjury members getting together, we simply wantedthem to vote as independently as possible.Awards of any kind are an imperfect science.Surely Orson Welles should have wonan Oscar for Citizen Kane? Should PresidentBarack Obama really have been given the NobelPeace Prize? The Queen would most likelyrather not be reminded that she bestowedan honorary knighthood on Nicolae Ceausescu– and on Robert Mugabe as well, for that matter.However, while acknowledging that awards systemsaren’t perfect, we designed the EurobuildAwards to be transparent and open, and to involvethe market as much as we could. Concerningthe Tenant Awards, we tried to be as thoroughas possible, both in designing the questionnaireand in compiling the list of projects to be surveyed.We consulted a range of senior professionals in allthree sectors, and their advice and input was invaluable.For example, the first questionnaire draftsput forward by Millward Brown, the market researchcompany carrying out the survey, were toolong and detailed. When presented at the meetingof warehouse professionals it took no more thantwo minutes for them to reject the questionnairedraft completely and to insist on starting fromscratch, with the aim of making it much shorterand simpler. In the light of this we re-did the officequestionnaire draft to present to the meetingof office professionals, but they demandeda simpler version still. At the final sector meeting,the retail experts insisted it had to be even simpler.The result was that the final questionnaires6Eurobuild Awards 2010

The Ultimate Verdictconsisted of short, simple questions asking tenantsto rate elements of their project, questions suchas “How satisfied are you with access to naturallight in your office?” and “How satisfied are youwith the number of people visiting your shoppingcentre?”. As we were trying to gauge tenant satisfaction,there was nothing too technical. We alsoasked the tenants to put the topics they were beingquestioned on in order of importance and theiranswers were weighted. Taken as a whole, elementsmore important to them were given more weightthan those they said were less important.Why hold an awards event? Isn’t it just an exercisein PR and networking, where ultimately 90%of the participants walk away dissatisfied becausethey didn’t win? I don’t believe so. A good awardsevent is a window onto the market. The Polishmarket is one of the most competitive in the worldand one of the most diverse in terms of the countriesof origin of the companies operating here.The professionals working in this market all striveto do the best they can under whatever constraintsthey face – financial, legislative or otherwise. Addto the mix the strong Polish competitive streak andthe result is that these companies and professionalsare putting themselves up against their competitorson a daily basis. An awards event is a good opportunityto appraise the market, to see who is activeand what has been achieved, and to find out whothe market rates as the most successful. It may bethat objectively the best company or project doesn’twin, with the one perceived to be the best takingthe award. Yet perception of success, as any leasingdirector will tell you, is crucial.I would like to thank everyone in the marketwho has contributed to the Eurobuild Awards,especially to our sponsors, who are listed and profiledin this publication. I would also like to thankall those along the way who took part in our discussionsand who gave freely and openly of theiradvice and experience. They are too numerousto mention but their help was very much appreciated.Till next year….Richard StephensEurobuild Awards DirectorMy great thanksto Aga Skłudzka,Project Managerof the EurobuildAwards, for co-ordinatingthe event,in particular thegala evening.8Eurobuild Awards 2010

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The Ultimate VerdictECE Projektmanagement PolskaRafał Twarowski, Managing DirectorDr. Knut Volquardsen, Managing Directorwww.ece.comECE Projektmanagement G.m.b.H. & Co. KGwas founded in 1965 by Prof. Dr. h.c. WernerOtto. The company is the European marketleader in the field of inner city shopping centers.Moreover, ECE also develops and buildstransport complexes, logistics centers, companyheadquarters, office complexes, industrial buildings,as well as other special-purpose properties.ECE currently manages 130 centers in 14 countriesgenerating EUR 13.3 bn in annual sales.Another 21 shopping centers are currently underconstruction or planned throughout Europe.ECE in Poland was established in 1997. CurrentlyECE manages five shopping centres inPoland with one, Galeria Kaskada in Szczecin,under construction.The ECE shopping centres are located in directcity centers. The facilities feature transparent developmentof space, functionality, elegance andexcellent range of services offered to customers.Visitors can reach the centres easily eitherby car, by public transportation, or equally convenientlyon foot. The selection of branches andbrands reflects the needs of different groups ofconsumers, from top- and middle- shelf goodsto daily-use products.Galeria Dominikańska in Wrocław wasthe first ECE facility completed in Poland.Opened in 2001, Galeria Dominikańska becamethe commercial showpiece of the city, wellfounded within the community and architectureof Wrocław.Galeria Łódzka in Łódź was opened in 2002and extended in 2008. In 2004 Galeria Łódzkawas awarded by ICSC with the first prize forthe best large shopping center in Europe.Galeria Krakowska in Kraków was openedin autumn 2006. It is the biggest ECE shoppingin Poland as well as the largest one inMałopolska region. The development of GaleriaKrakowska resulted in revitalisation of the areain the vicinity of the central railway station.A new public space was created: Jan Nowak-Jeziorański square (formerly Dworcowy Square)became a new representative place in the cityof Kraków. The square received top prize inthe “Kraków my home” competition. In 2008Galeria Krakowska was awarded the prestigiousICSC European Award in the large centre category.Galeria Bałtycka in Gdańsk was opened inOctober 2007. With ca. 40,000 sqm of leasingspace it is the biggest shopping center inthe Tricity (Gdańsk-Sopot-Gdynia) and Pomeraniaregion. Galeria Bałtycka was awardedthe ICSC European Award 2009.Alfa Centrum in Gdańsk was taken undermanagement by ECE in the Spring of 2006.The scheme is a medium-sized, friendly convenienceshopping centre for the residents ofthe Gdańsk-Przymorze district.Galeria Kaskada in Szczecin is scheduledto open in Autumn 2011. The total value ofthe investment will exceed EUR 180 million.In March 2010 ECE Projektmanagement andbank Berlin Hyp signed a credit agreement forthe financing of Galeria Kaskada investment;the amount of the credit extended is EUR 111million. The general contractor of the investmentis Strabag Polska. Current leasing statusexceeds 80% of its space.10Eurobuild Awards 2010

Mayland Real EstateYann Guen,Vice-President & Member of the Boardwww.mayland.plMayland Real Estate is one of the largest retailreal estate developers in Poland. The companywas established in 2006 as a subsidiary ofGroup Casino, totalling 1,000,000 sqm of retailgross building area in 15 years activity in Polandalone. Mayland specializes in the development ofdominant shopping centres, renowned for theirinnovation. In 2008, the company opened threeshopping centres: Karolinka in Opole, Jantar inSlupsk and Pogoria in Dabrowa Gornicza, totalling125,000 sqm GLA. Opening those threecentres, Mayland delivered 25% of the nationalGLA stock in 2008, establishing the companyas the leading retail real estate developer. In orderto make its largest investment even more attractive,in 2009 Mayland extended the offer ofKarolinka with a 32,000 sqm GLA retail parkAnchored by leading home equipment tenants.In 2009 Mayland sold its shopping centres,the largest transaction completed on the Polishmarket since 2007.The next 5 project to open soonThese five projects totaling 240,000 sqm GLA,on which the leasing process is already well advanced,will be delivered starting from Q4 2011:The second phase of Jantar Shopping Centre,Wzgorze shopping centre in Gdynia, SerenadaShopping Centre in Cracow, Bella Dolina regionalShopping Centre and Retail Park inRzeszow and the Aleja Slonca shopping centrein Szczecin.In Słupsk, after the successful opening of Jantarshopping centre, Mayland will develop an extensionof 24,000 sqm GLA to create a new dominantregional mall totaling 44,000 sqm GLA.Together with a multiplex cinema, a large foodcourt and multibrand fashion mix, Jantar will becomethe first and only dominant destination inthe region.In Gdynia Mayland Real Estate has been chosenby the owners of Wzgorze Shopping Centreto bring new value by remodeling the existingshopping centre and developing a new extension.Wzgorze will offer 68,000 sqm GLA and a majornew market place for the city.In Cracow, the future Serenada Shopping Centrewill offer 42,000 sqm GLA for the highlypopulated Northern districts, complementinga leading mass-market retail and entertainmentdestination. As the new beating heart of this area,Serenada will bring a fresh offer to the familiesof Cracow, next to OBI DIY, Real Hypermarket,Multikino and Aqua Park. In Rzeszow, the largestdominant shopping centre in the region, offering55,000 sqm GLA, a monument of glassand light is to be located in the strongest place inthe city. Bella Dolina, the regional mall and retailpark, will be developed next to the future motorway,linking the city center and the airport.In Szczecin, the 7th largest city in Poland,Mayland is to open as well a lifestyle shoppingcentre. Aleja Slonca, 38,000 sqm, will be locatednext to the already existing Ster Shopping Centre.Located next to the German border, it isan attractive, frequently visited destination alsofor customers from Germany. Aleja Slonca willbring to the new residential districts a new retailhigh street and entertainment facilities witha multiplex cinema.Eurobuild Awards 2010 11

The Ultimate VerdictArchmagicPaweł Graliński, Managing Directorwww.archmagic.comArch Magic® Group represents over 25 years ofinternational experience in architecture, engineering& planning, providing complex design services,project management & investment consultancy.The portfolio covers world class state-of-theartmixed use developments, shopping & entertainmentcenters, public buildings, educational,science & research complexes, office buildings,hotels, leisure & sports centres, industrial architecture,interiors and residential projects. Thefounder, architect Pawel W. Gralinski, won aprestigious ICSC merit for the first CEE projectever awarded worldwide – the Sadyba Bestshopping & entertainment centre in Warsaw.Contributions to internationally awarded designsinclude Manufaktura Łódź, Arkadia Warsaw andother shopping and entertainment centres.Besides retail, Arch Magic’s services include thebiggest number of cinema screens & entertainmentprojects in Central & Eastern Europe. Itsdesigns have been implemented far beyond theregion. Recently opened projects include GaleriaVictoria in Wałbrzych, Agora in Bytom, theCenter for New Technologies (CENT/WarsawUniversity), which boasts world class laboratories,scientific & educational facilities, all in a winningarchitectural & technological design. ArchMagic is behind the development of the whole ofthe campus, an idea backed by the university, thegovernment and the EU.As designers of CENT, the first of its class inCentral & Eastern Europe, Arch Magic has yetagain written a page in history.In 2010 the company has opened branch officesin Ukraine/East Europe and Dubai/Middle East.Axis Real EstateRenata Osiecka, Managing Partnerwww.axisre.com.plAxis Real Estate is one of the leading real estateagencies in Poland, offering complex services tothe commercial real estate market.The company is known for its strong presence inthe logistics and industrial sector but its range ofservices also covers a wider spectrum. Axis RealEstate brokers provide complex consultancy andservices in the following areas:• office leasing advisory and brokerage• warehouse leasing advisory and brokerage• retail leasing advisory and brokerage• sale and acquisition of investment plots• investment advisory• project management for warehouse and industrialconstructionAxis Real Estate consultants offer a wealth of experiencefrom their time with some of the mostsuccessful and well known companies operating inthe real estate sector, a wide choice of offers, complexanalysis of investment plots, consultancy forthe functionality and technical standard of projects,the management of investments and developments,as well as the lease and sale of projects. AxisReal Estate advisory guarantees a professional servicefor projects at every stage of the investmentprocess.12Eurobuild Awards 2010

ArupAndrzej Sitko, Directorwww.arup.comArup is a global firm providing engineering design,planning and project management servicesin all areas of the built environment. We aim tohelp our clients meet their business needs by addingvalue through technical excellence, efficientorganization and personal service. We providethe engineering and related consultancy servicesnecessary to every stage of the project, from inceptionto completion and after. Throughout theworld we aim to provide a consistently excellentmulti-disciplinary service which also incorporatesour concern for the environment. Arup iscommitted to sustainable design, to its increasingincorporation in our projects and to industry widesustainability initiatives. Formed in 1946, thefirm now has over 10,000 staff based in over 90offices in more than 40 countries and our projectshave taken us to more than 160 countries. Thefirm, which is wholly owned in trust for the benefitof its employees, enjoys total financial independenceand has an annual turnover in excessof £900 million. A substantial proportion of thefirm’s income is devoted to improving its technicalstandards through the continuing professionaldevelopment of its members and by developingnew techniques of engineering design and management.We work in multi-disciplinary teams toensure co-ordination between the disciplines. Weoperate formal combined management systems,routinely reviewing and auditing our work. Westructure our project teams to achieve clear linesof responsibility and communication with theclient and other consultants. By these measures,we add value to our Client’s projects and achievequality on which they can rely.CMS Cameron McKennaTomasz Kurek, Partner, Advocate and Head ofReal Estate and Construction Department, Warsaw Officewww.cms-cmck.comCMS Cameron McKenna is the largest and themost experienced international law firm operatingin Poland, present on the market for nearly20 years employing over 140 lawyers. We rendercomprehensive legal services to companies, administrativeauthorities and other institutions.We advise in all aspects connected with the realproperty industry (investments in the propertymarket, developer projects, environmental protection,tax structure for real property transactionsand real estate investment funds, etc.) andthe banking sector (financing real property andinfrastructural projects, regulatory and bankingsupervision-related issues, etc.). We assign lawyersfrom our various departments to sector-basedteams that specialise in key industries. The RealEstate and Construction Department at CMSCameron McKenna’s Warsaw Office employs 17lawyers, and is one of the largest property practicesamong the law firms operating in Poland.Our real estate practice acts for a wide range ofreal estate investors, such as insurance companies,pension funds, property companies and propertyfunds, as well as commercial and residential developers.We also act for retailers and other occupiersof commercial, office and warehouse space.We assist our clients at every stage of the realestate investment process, from preparing theinvestment, through project execution, developmentand management, to the sale. Our Warsawoffice is a member of CMS – the pan-Europeanlegal services provider, employing nearly 5,000people in 53 offices across 27 countries.Eurobuild Awards 2010 13

The Ultimate VerdictCushman & WakefieldRichard Petersen, Managing Partnerwww.cushmanwakefield.comCushman & Wakefield is the world’s largest privatelyheld commercial real estate services firm.Founded in 1917, it has 230 offices in 60 countriesand more than 13,000 employees. Cushman& Wakefield has been actively operating in Polandsince 1991. We provide services for multinationalcorporations, financial institutions, developers, entrepreneurs,government entities as well as smallto medium-size companies. We deliver integratedsolutions by actively advising, implementing andmanaging on behalf of landlords, tenants and investorsthrough every stage of the real estate process.Cushman & Wakefield offers a complete rangeof services within four primary disciplines:Transaction Services, including tenant and landlordrepresentation in office, industrial and retailreal estate; Capital Markets, including propertysales, investment management, valuation services,investment banking, debt and equity financing;Client Solutions, including integrated realestate strategies for large corporations and propertyowners, and Consulting Services, includingbusiness and real estate consulting. A recognizedleader in global real estate research, the firmpublishes a broad array of proprietary reportsavailable on its online Knowledge Center atwww.cushmanwakefield.com.Further information on• industrial space at:www.industrial.pl• office space at:www.cwoffice.pl• investing in commercial real estate at:www.cwinvestment.pl• asset management at:www.cwassetmanagement.pl• project management at:www.cwprojectmanagement.plEurohypoGrzegorz Trawiński,Head of Representative Office, Warsawwww.eurohypo.comA passion for solutionsEurohypo is the professional international bankfor commercial real estate financing. In Germanyand in our nine international core marketsFrance, Italy, Poland, Portugal, Russia, Spain,Turkey, UK and USA we are the leading providerof tailored financing solutions for professionalreal estate investors and developers withlong-term financing requirements. We financeoffices, retail, logistics, residential real estateand business hotels and we are focused on thefinancing of existing properties and developmentsas well as associated derivatives. In orderto ensure the required liquidity at competitiveprices, we pursue an effective refinancing strategyprimarily using Pfandbriefe (Eurohypo isone of world’s largest issuers), one of the safestcapital market instruments.14Eurobuild Awards 2010

FORUM GliwiceAgnieszka Mielcarz, Directorwww.forumgliwice.home.plFORUM is a shopping and entertainment centerlocated in the very centre of Gliwice (Poland),an important centre of industry and innovation.With its approx. 100,000 sqm GBA, 43,000 sqmGLA and over 140 tenants it’s the second largestcentre in Upper Silesia, which is the most rapidlydeveloping and most populated region in Poland(population of 2.5 million). A great location, excellentroad and public transport links, a high footfalland number of loyal customers: these are key factorsthat have promoted the success of FORUM.The catchment area of FORUM Shopping Centreis approximately 1 million people, around 600,000of whom live within a 30-min drive. In FORUMfashion brands make up 70% of the tenants. Keytenants include Bershka, Cubus, H&M, KappAhl,Pull&Bear, Royal Collection, Zara. Top brandscan also be found amongst other business lines.Entertainment and leisure offer includes: CinemaCity (13 screens) and PURE Health&Fitness. The”Under the Clouds” themed foodcourt is the newestpart of the centre (opening 4Q 2010). 2010has proved successful for FORUM for a variety ofreasons. Firstly, footfall has been increasing year onyear by as much as 20% and sales volume over 7%.The centre has attracted new tenants and in theSpring, “Klik” ,the new customer loyalty system,was launched, attracting around 20,000 registeredusers in a few months. The FORUM ShoppingCentre is a modern, intelligent and environmentally-friendlyfacility. Thanks to the use of energyefficientsolutions, the scheme has earned a reputationas being energy smart and eco friendly. Inorder to reduce tenants’ costs, FORUM SHOP-PING Centre invests in cutting edge technology.GhelamcoJeroen van der Toolen,Ghelamco Managing Director CEEwww.ghelamco.comGhelamco Poland is a part of Ghelamco Group,a leading European real estate investor and developerestablished in Belgium in 1985 by PaulGheysens. The company started on the Polishmarket in 1991 and is now established as one ofthe biggest and most important developers in Poland.Ghelamco is a leading provider of flexiblemodern business space across the most importantPolish cities. Its wide portfolio includes warehouselogistic parks and high standard residentialprojects, constructed under the brand GhelamcoResidential. Ghelamco has delivered in Polandover 356,000 sqm of high standard office spacethat meets the requirements of even the most demandingclients. As a leading business developer,it creates new trends on the local market. It wasone of the first companies to introduce to Polanda unique business park concept and now it is developingthree office projects: Mokotów, Nova,Senator and Warsaw Spire investments, that willsoon become the Warsaw flagship building. Anotherproject under construction is WoroniczaQbik lofts in Warsaw. Despite the economic crisisduring the last two years the company hasn’tsuspended any of its projects and currently hasunder development nearly 100,000 sqm. As forthe future, within the next three years Ghelamcowill continue to deliver high standard investments.The company is looking to expand its activityto another popular BPO location in Krakow.It also plans to begin three other residentialprojects and also start with retail and streetmalls.Eurobuild Awards 2010 15

The Ultimate VerdictGSE PolandKambo Zabusu, General Directorwww.gsegroup.comGSE Polska, specializing in constructing turnkeybuildings in the industrial, office and logisticssector, is a part of group GSE, establishedin France in 1976. GSE has been operating onthe polish market since 1999, providing comprehensivesupport to construction projects andstrictly complying with its obligations pertainingto deadlines, costs and quality.Within the framework of “Design & Build”,GSE handles all administrative procedures relatedto obtaining permits and decisions on behalfof the client. GSE’s selection of suppliersfor implementing construction projects is basedon the highest quality standards and strict operatingprocedures.For GSE, meeting its standards and a globalapproach to projects are integral components ofGeneral Contracting.Over 30 years GSE has delivered more than14 million sqm for clients such as Auchan,Alstom, Coca Cola, Danone, Lafarge Platres,L’Oréal, Michelin, Renault, Thales, Schneider,Aventis Pasteur, Prologis, Gazeley, Elgan andothers.Metro Group Asset ManagementAndreas Thamm, President of the BoardRenata Kinde-Czyż, Member of the Boardwww.metro-mam.plMETRO Group Asset Management is part ofthe German concern METRO Group. The companyis responsible for the active management ofa property portfolio in 32 countries in Europe andAsia as well as the development and constructionof retail properties and management of 70 centresin Germany, Poland and Turkey. A broad range offacility services is provided for about 1700 commercial,administration and storage locations.The company has been present on the Polish marketfor 14 years, engaged in management of shoppingcenters and building new commercial facilities.Long-term property management is our corefunction. Our services cover the complete planning,service and management requirements needed inthe life cycle of commercial properties. This includesstrategic site and project development, as well asvalue-driven portfolio management. Our rangecovers the entire scope of administrative, technicaland infrastructural management tasks, including integratingfacilities in their social and cultural environment.In Poland the company is in charge of 16shopping enter/retail parks including: 9 M1 ShoppingCenters; Magnolia Park in Wrocław; GaleriaPiastów in Legnica; Pasaż Grodzki in Jelenia Góra;4 Retail Parks in Kielce, Opole, Olsztyn and Tychy.METRO also provides facility management servicesfor a number of properties such as Gemini Parkin Bielsko Biała, Plaza Center in Rybnik, 29 MakroCash & Carry’s, 3 mega store facilities with Real asthe main user, 53 real hypermarkets, 21 Praktikerstores, 34 Media Markt, Saturn stores and the HQof METRO Group in Poland. Through its environmentalmanagement service the company providesproper waste management and recycling of secondarymaterials for the above listed facilities.16Eurobuild Awards 2010

Panattoni EuropeRobert Dobrzycki,Managing Partner for Central Europewww.panattoni.comPanattoni Europe, based in Warsaw, Poland, isa leading industrial space developer in the regionof Central & Eastern Europe and is partof the Panattoni Development Company, one ofthe largest industrial developers in the world, with40 offices in North America and Europe. As ofthe beginning of its activity in 2005 (simultaneouslyin Poland and the Czech Republic), Panattonihas completed 24 projects covering an area ofca 1.5 million sqm of highest quality warehousespace. Panattoni Europe is a specialist in build-tosuitprojects, tailored industrial investments. Forthe purposes of developing its activity the developerbuys land, securing the most strategic locationsin the country. The Polish portfolio compriseslogistic parks located in the north of Poland,Greater Poland, Lower & Upper Silesia, CentralPoland and Warsaw Region. In the Czech RepublicPanattoni manages two finalized projectsPanattoni Park Prague-Airport and Panattoni D5Logistics Park (Plzen). The developer recently alsooffers warehouse space in Slovakia. All of the facilitiesare located close to key business zones,human resources, at the junctions of the most importantdomestic and international routes. PanattoniEurope also acts as property manager of itsdevelopments. Among Panattoni clients there areglobal brands such as: Avon, Bertelsmann, CATLogistics, CEVA, Coca-Cola, Coty Cosmetics,Dachser, DSV, Flextronics, Gefco, H&M, Intermarche,Leroy Merlin, Raben, ND Logistics,Orsay, Sauer Danfoss, Schenker, Tesco and Wincanton.PointPark PropertiesCraig Maguire, Managing Directorwww.pointparkproperties.comPointPark Properties is a pan-European assetmanager and developer of distribution facilities,and is currently active in 11 European countries.As of 1st August 2010, PointPark Propertieshas agreements to manage over 1.5 million sqmof assets in over 72 distribution buildings, anda land bank of 820,000 sqm for further developmentthroughout Europe. The company expectsto continue to grow its assets under managementin 2010 in other key logistics marketsacross Europe.PointPark Properties was established in 2001and has offices in Prague, Frankfurt, Luxembourg,Bratislava and Warsaw, with a liaisonoffice in Madrid and Cluj, Romania. PointParkProperties’ objective is to build a world-classnetwork of modern distribution facilities for itscustomers, such as logistics service providers,distribution companies, light manufacturers andretailers.PointPark Properties is wholly owned by ArcapitaIndustrial Management, the logisticswarehouse investment management subsidiaryof Arcapita Bank B.S.C. (www.arcapita.com).Arcapita Bank is an international investmentfirm with offices in Bahrain, Atlanta, Londonand Singapore. To date, Arcapita has completedmore than 70 transactions with an aggregatevalue of over $29 billion and has an equity capitalbase of $1.1 billionEurobuild Awards 2010 17

The Ultimate VerdictProLogisBen Bannatyne,Managing Director Central & Eastern Europewww.prologis.comProLogis is a leading global provider of distributionfacilities, operating in North America, Europeand Asia. The company has been present onthe Polish market for 13 years and is an expertand leader among warehouse space developers. Sofar it has invested over USD 1.5 billion in Polandand is the main provider of warehouse space inthe country, with a total of 2.1 million sqm madeavailable, spread over 105 buildings in 25 distributionparks, with a 34% share in the market. Thecompany has delivered 11 build-to-suit projectstotalling 285,000 sqm. In the first three quarters ofthis year ProLogis has leased over 511,000 sqm ofmodern office and warehouse space in its logisticparks throughout Poland, more than in the whole2008, a record year in terms of leased facilities.ProLogis consistently executes its internal andexternal development policy based on partnership.The company has entered into permanentcooperation with 152 clients, and its high retentionrate of 94% proves that customer relationsare of utmost importance. ProLogis is also anindustry pioneer in environmental stewardshipfocusing on sustainable development and climatechange and a recipient of numerous industryawards which attest to the highest quality ofits distribution parks. In the Antal Internationalranking, ProLogis was recognised as the mostsought-afteremployer of 2010 in the Transportand Logistics category.With its portfolio of over 3.7 million sqm Pro-Logis is also a leading provider of warehousespace in Central and Eastern Europe (Czech Republic,Hungary, Poland, Romania, Slovakia).REASKazimierz Kirejczyk, Presidentwww.reas.plREAS is an advisory company specializing inthe residential market. Since 1997, we have cooperatedwith developers, banks, investors andother entities operating in the market.Since the year 2000, REAS has conducted continuousmonitoring of the primary residentialmarket in Poland, accumulating data on projectsin a database based on the GIS system currentlyfeaturing 6,064 projects. This knowledge allowsREAS to offer a broad range of market analysisservices and to devise long-term market forecastssupporting the process of strategic planning.REAS provides advisory services at all stagesof the investment process, supporting the developersin the process of designing and preparinga product with the best market potential andcompetitiveness, including: location analysis,recommendations regarding the structure andfunctionality of residential units, opinion andrecommendations regarding architectural designs,pricing strategies and recommendationsregarding marketing and sales strategies.REAS specializes also in residential propertyvaluations (RICS, TEGOVA, USPAP, IVSC).Thanks to our long-term cooperation with institutionsfinancing the residential market inPoland and the recognized reliability of ourvaluations and feasibility studies, REAS is ableto effectively support investors in the process ofobtaining financing for new residential investments.In 2007 REAS became a strategic partner ofJones Lang LaSalle, the global leader in advisoryservices in the commercial real estate market.18Eurobuild Awards 2010

SegroMagdalena Szulc,Business Unit Director Central Europewww.segro.comHeadquartered in the UK, SEGRO is the leadingEuropean provider of flexible business space. TheGroup is one of the largest REITs in the worldand has a listing on the London Stock Exchange.Its portfolio comprises £5.3 billion of predominantlyindustrial and warehouse assets concentratedin and around major business centres andtransportation hubs such as ports, airports andmotorways intersections. SEGRO operates in10 countries, where it serves over 1,900 customersfrom different industry sectors. It has 5.9 millionsqm of built space and a passing rent roll of£345 million as at 31 December 2009. Its wideand diverse portfolio includes big box investmentsas well as small box, small business unit, buildto-suitfacilities and suburban offices. The Britishdeveloper started its activity in Central Europe atthe beginning of 2006. Now it has over 555,000sqm of business space delivered or under constructionin major regional centers, namely in Gdansk,Gliwice, Lodz, Ostrava, Poznan, Prague, Strykowand Warsaw and its total land bank in this regionreaches over 330 hectares. Among the developer’smain customers in Central Europe are such wellknowncompanies like Black&Decker, Decathlon,Eurocash, InterCars, Kühne & Nagel, Logwin andSchenker. In Poland SEGRO is currently developingtwo investments providing modern businessspace designed according to the customer’sindividual needs. One of them is the SBU projectlocated within the existing Tulipan Park Lodz andanother is a BTS facility developed in Silesia forthe Swedish company, HL Display AB. SEGROis also preparing development of a new logisticscentre in Pruszcz Gdanski.Skanska Property PolandNicklas Lindberg,Skanska Property Polandwww.skanska.plSkanska Property Poland is a leading commercialdeveloper, actively operating in Poland since1997. It belongs to Skanska Group, a worldleader in construction and development. Skanska’smission is to develop top quality modernprojects with excellent locations that satisfyeven the most demanding tenants. The portfolioof delivered office projects includes thefirst GreenBuilding certified projects in Poland,Deloitte House, part of the Atrium Complexalong Jana Pawla Avenue, Marynarska Point inWarsaw, and Grunwaldzki Center in Wroclaw.All future commercial projects of Skanska willbe both GreenBuilding and LEED certified toensure compliance with latest environmentalstandards, energy efficiency and a healthy workingenvironment.Eurobuild Awards 2010 19

hmoney making macThe Ultimate VerdictTPA HorwathWojciech Sztuba, Managing Partnerwww.tpa-horwath.plTPA Horwath was established in Poland in 2005and is today one of the leading tax and businessconsulting companies. It supports enter prises inthe field of strategic tax consulting, audit, businessconsulting, corporate finance, personnel advisoryservices, accounting outsourcing, EU advisory servicesas well as specialist business consulting for thehotel and tourist industry (Horwath HTL). TPAHorwath is a part of one of the biggest Europeanconsulting groups, as well as of the global networkCrowe Horwath International. The company offersnumerous specialist solutions addressed in theenergy and real estate markets. The TPA HorwathGroup includes partner companies from Austria,Croatia, Czech Republic, Slovakia, Slovenia, Poland,Romania, Bulgaria and Hungary, providingemployment to about 1,000 consultants in total.Crowe Horwath International is an internationalassociation of independent advisory and auditingcompanies. With over 20,000 experts in morethan 100 countries around the world it is the ninthlargest global consulting group. The TPA HorwathPolish capital group comprises: TPA Horwath SztubaKaczmarek Sp. z o.o. (tax consul ting), TPAHorwath Horodko Audit Sp. z o.o. (audit andtransaction consulting), TPA Horwath AccountingSp. z o.o. (accounting services), TPA HorwathHR Sp. z o.o. Sp. K. (personnel consulting), TPAHorwath CF Sp. z o.o. (Corporate Finance as wellas Mergers & Acquisitions), TPA Horwath EUSp. z o.o. (EU consulting) and Horwath HTLSp. z o.o. (business consulting for hotel trade andtourism).Eurobuild Awards 2010 Sponsors and PartnersMain SponsorRetail Developerof the Decade SponsorResidential Developerof the Decade SponsorOffice Agency Teamof the Year SponsorWarehouse Agency Teamof the Year SponsorFinancing Providerof the Year SponsorBest Shopping Centrein Poland SponsorSustainable DeveloperAward SponsorLifetime AchievementAward supported byAssociate SponsorsAssociate SponsorsYour retailineMedia PatronMarket AwardsVoting OversightPatronThe Ultimate Verdict20Eurobuild Awards 2010

architectureinterior designengineeringinstallationsurban planningsustainabilityproject managementquantity surveyshopping and entertainmentmixed - use developmentleisure centershotels & resortsoffice buildingssport centerspublic use buildingsscientific & research complexesuniversity campusesindustrial & logisticsresidential developmentsfamily housesresidencesArch Magic® Group represents over25 years of International Experiencein Architecture, Engineering andPlanning providing complex DesignServices, Project Management andInvestment Consultancy.After well over decade of CommercialDevelopments in Scandinavia theCompany has moved to consolidatingmarkets of Central & Eastern Europe,Asia and Middle East.The founder of the Company, PawelW. Gralinski is the architect who wona prestigious merit by InternationalCouncil of Shopping Centers (ICSC)seated in New York for the first CentralEuropean project ever awarded inthis worldwide competition – Shoppingand Entertainment Center.As Leading Designers and Promotersof Sustainable Commercial DevelopmentArch Magic® Group frequentlyjoins International Conferences, Tradeand Exhibition fairs in the Industry allover the World.norway | european union | east europe | middle east | africa | indiamakersofthebetterworld.com

The Ultimate VerdictRICS– Bringing standards and trustWith a worldwide network of over 100,000members in 146 countries, RICS has over525 qualified members in Central and EasternEurope. In Poland, 168 professionals with influentialpositions are currently members of RICS.Furthermore, RICS Poland plans to grow to over600 members within the next three years.Members in Poland are active in a large varietyof sectors, including commercial property, valuation,building surveying but also in consultingand project management, corporate real estateservices and construction. Apart from bringingexpertise to the market in all these areas,RICS members in Poland differentiate themselvesfrom the rest. If there is one thing thatRICS Europe membership growth stands for,it is the increasing demand for higher levels ofprofessional and ethical standards, from investorsand end users of RICS members’ services.David Britain FRICS, Chairman of RICS Poland,comments:“RICS has been present in Central and EasternEurope for over a decade now, with over 525 qualifiedmembers in the region. Today RICS is consolidatingits presence in Poland as the only truly globalproperty professional body. RICS’ professional practicestandards and ethics are being fully embracedby the major professional firms in the country.”In Continental Europe, the Institution has reportedan 18% increase in its membership baseover the past 12 months, bringing the totalnumber of qualified members to 4,390.The appeal of RICS to European propertyprofessionals is linked to the associationwith a brand that guarantees knowledge,professionalism but most importantlythe ‘ethical value’ of the services provided.In fact, the financial crisis seems to haveprompted an increased interest from propertyprofessionals who are keen to gain the RICSqualification as a way of differentiating themselves.To bring credibility RICS regulates each memberworldwide based on a strict code of conductand high standards, and now for the first time,RICS offers firms across all of Europe the opportunityto become regulated by RICS and demonstrateto the public their ethical commitment intheir daily business practices.With 10,000 firms already successfully registeredin the UK since 2007, RICS regulation is nowavailable on a voluntary basis to qualifying firmswith the aim of bringing increased client confidenceand transparency to the real estate market.In continental Europe, over 40 firms have alreadysubmitted their applications this year, includingfirms in Poland, Italy, Belgium, Germany,France, The Netherlands and Portugal.See Lian Ong, RICS President Elect 2010-201122Eurobuild Awards 2010

The work of RICS in a volatile propertyvaluation sectorAs the ongoing debt crisis continues to spook Europeaninvestors, international valuation standards andprofessionalism are becoming more important thanever and RICS, the mark of property professionalismworldwide, is playing a key role to bring confidenceto markets.Today people need to trust in those professionalswho decide what the value is of their homes orthe place were they work, as well as the propertywhere they wish to invest their money. For this reason,RICS demands that its valuers worldwide actaccording to an international and recognised set ofrules called the “Red Book”. By following these internationalstandards, valuers can meet client andinvestor needs.Valuations underpin financial decisions and formthe basis of an important number of business activities.Although valuers cannot prevent financial instabilityor economic crisis, their role as surveyors ofthe market has a huge impact on people’s lives andon the global economy as a whole.The RICS Red Book is a globally accepted standardfor valuation practice today published in 7 languages,including English, Chinese, Spanish, French,German, Portuguese and Dutch and very soon alsoin Russian and Hungarian.To bring even more confidence to the general publicand added value to the profession, RICS is planningto launch a “Valuer Registration Scheme” forall its members working in the valuation sector. Thescheme, already launched in the UK since 20 October2010, will be effective across all Europe as from2011, with the aim to monitor RICS valuers anddemonstrate to the public that they apply the standardsof the Red Book in their daily practices.The EurobuildAwards GalaWednesday 8 th December 2010About RICSFounded in 1868, RICS is the world’s leading independentprofessional association dealing withland, property and construction. RICS is multidisciplinaryand global, not restricted to individualaspects of the property industry. Across the continentsthere are over 100,000 members.For more information about RICS Polska visit:www.joinricsineurope.eu/en/na/view/rics-polskaEurobuild Awards 2010 23

The Ultimate VerdictSupported byThe Eurobuild Awards ‘Lifetime Achievement Award’ goes to Mr. David MitznerPoland’s real estate legendFounder of Rida Development Corporation andApollo-Rida Poland, the man born in pre-warWarsaw who as a child sang birthday songs for MarshalPilsudski is a quietly-spoken icon of the USand Polish real estate markets, an inspiration to allwho have had the good fortune to meet him.David Mitzner is an American businessmanwhose life spans five languages, three continents,and encompasses some of the most terrible – andmost elating – chapters of the 20th century. Bornto a Jewish family in Warsaw, he grew up inthe newly independent Poland, eventually settinghimself up in business with his father. Whenthe country’s two hostile neighbours invaded in1939, a new international boundary between themsuddenly cut off the city Mitzner lived in fromwhere his family was. Undaunted, he set up a crossborder business operation which ensured the survivalof his family in Warsaw until his mother andsister were killed in the Holocaust. He himself wasimprisoned for eight years in the Soviet GULAG,which also killed his brother and father. FleeingCommunist-controlled Eastern Europe in 1949, hearrived in New York with 17 dollars in his pocket,not knowing English and not having a trade.Through his intelligence, determination and hardwork, David Mitzner rebuilt his family in the USand became a successful textile manufacturer priorDavid Mitzner, Apollo-Rida Poland24Eurobuild Awards 2010

Join us!Phone: +48 22 546 98 00contact@mayland.pl

The Ultimate Verdictto his involvement in real estate, which began in1972. He began buying property in the State ofTexas in 1974 with the purchase of several shoppingcenters and office buildings in the Houstonand Dallas area. In 1980, he, his wife Ruth andtheir two sons relocated to Houston and becameinvolved on a full-time basis through his company,Rida Development Corporation, in the purchase,development, and management of commercial realestate projects. In 1985, Rida also entered the Floridareal estate market.In 1992 David Mitzner travelled back to Poland,his first visit in more than forty years, eventuallyestablishing a real estate operation here. In 1995he acquired his first two office buildings in Warsaw,becoming among the first American real estatecompanies to do business in Poland. Two years later,in 1997, Mitzner and his company Rida establisheda partnership with AREA Property Partners ofNew York resulting in Apollo-Rida Poland, to purchase,develop, and manage commercial real estatein Poland, becoming one of the real estate pioneershere. Since then Mitzner has developed numerouscommercial developments in the office, industrialand retail sectors. Landmark projects developedand invested include Ericcson Center, Par Tower,Renaissance Tower, Zeran Park I and II, andthe tallest building in Central Europe, the WarsawTrade Tower. In 2004 Apollo-Rida Polandcompleted the largest real estate acquisition inCentral Europe’s history, the $1 billion purchaseof the Metro-anchored 28 shopping center portfoliofrom Metro AG of Germany.David Mitzner has received several honours andawards, including an honorary doctorate from NewYork – Yeshiva University in recognition of his extraordinarylife. From escaping Communist Polandto assisting in the rebirth and rebuilding of the commercialinfrastructure of his country of birth, andthe lifelong support of and commitment to hispeople, country and humanity, Mitzner’s lifetimeof achievement is a testimony to the indestructibilityof the human spirit. At Eurobuild CEE we areproud of our long association with this extraordinaryman, reporting on his real estate activities andachievements from the early days of the magazine.There was no discussion about who to award our‘Lifetime Achievement Award’ to – the decisionmade itself. We congratulate him and wish him andhis family a happy and prosperous future.Rida Development Corporation’s Omni resort at championsgate in Florida26Eurobuild Awards 2010

International,experiencedand visionaryBroad know-how for your center management:No other center management company has as much retailknow ledge as METRO Group Asset Management. As theretail management company of one of the world’s leadingretail groups we know precisely how to inspire our customers,tenants and investors over and over again and how to increasethe value of properties contin uously.With more than 700 properties in 33 countries METRO GROUPoperates the most international wholesale and retail portfolio,including 70 center locations in Germany, Poland and Turkey.Our portfolio at a glance:• Center management• Leasing management• Administration• Analysis and marketing• Project development andconstruction management• Facility services• Energy and resource managementContact: Sales Department, tel. +48 22 5000139, www.metro-mam.comThe Retail property management company of the METRO Group.Eurobuild Awards 2010 27

The Ultimate VerdictEurobuild – still going strongFrom humble and ever so slightly chaotic beginnings- very much a reflection of the early propertymarket in Poland - Eurobuild has matured andgrown into the most influential real estate publicationin the CEE region, reporting on the news,issues and trends in this complex market. We’veobserved and chronicled the real estate industryfrom its infancy to the strapping youth it is today.To show the changing face of Eurobuild we’vepublished a selection of front covers from the lastthirteen years. We hope it gives you a pleasant tripdown memory lane.28Eurobuild Awards 2010

Eurobuild Awards 2010 29

2007_10_Okladka_skrzydelko_200 9/27/07 3:31 PM Page 17 BGN 2 5 HRK 170 CZK 52 EEK 870 HUF 2 . 3 LVL 12 LT L205 MK D 12 PLN ( z 7% VAT ) 12 RON 120 RUB 24 0 RSD 1 35 SK K 2 5 UAHS E EINSIDE7 BGN 2 5 HRK9 0 CZK52 EEK 870 HUF 2 . 3 LVL 12 LT L205 M MK K D 1 2 P L N ( z % 7 % V VAT T A ) ) 1 2 RO O N 1 2 0 R U B 24 0 RSD 105 SK K 2 5 UAHThe rst CEE recruitment portalfor t h e pr op er t y and cons tr uc tion s ec t orS E EINSI DE7 BGN 2 5 HRK 170 CZK 52 EEK 870 HUF 2 . 3 LVL 1 2 L T L205 MK D 12 PLN ( z 7% VAT ) 12 RON 120 RUB 24 0 RSD 1 35 SK K 2 5 UAHNOVEMBER 2008 | NR INDEKSU 3220757 BGN 2 5 HRK 9 0 CZK 52 EEK 870 HUF 2 . 3 LVL 12 LTL2 0 5 MK D 1 2 P L N ( z 7 % VAT ) 1 2 R O N 1 2 0 R U B 24 0 RSD 105 SK K 2 5 UAHT H E B E S T J O B O F F E R S • T H E L A T E S TPATRZW ŚR O D K UINSIDE7 BGN 2 5 HRK 170 CZK 52 EEK 8 7 0 H U F 2 . 3 LVL 1 2 L T L205 MK D 12 PL N ( z 7% VAT ) 12 RON 120 RUB 2 4 0 R S D 1 35 SK K 2 5 U A HJANUARY 2009 | NR INDEKSU 3220757 BGN 2 5 HRK 9 0 CZK 52 EEK 8 70 HUF 2 . 3 LVL 1 2 LT L2 0 5 M K D 1 2 P L N ( z 7 % VAT ) 1 2 R O N 1 2 0 R U B 24 0 RSD 10 5 SK K 2 5 U A HT H E B E S T J O B O • F F THE E R S LATEST PROMOTIONSS E EINSI DES E EINSI DEThe Ultimate VerdictAntykwariusze biurowych marzeƒ • Prefab sprouts • Na wag´ z∏otaWyborny koktajl • Shopping for sheds • Wybuduj sobie miasteczkonr 2 (1 ) FEBRUARY 1 20088| NR INDEKSU 322075nr 4 (1 ) 2 APR IL 20080| NR INDEKSU 322075PREDICTIONS AND TRENDS IN REAL ESTATE AND CONSTRUCTION NR 10 (114) OCTOBER 2007PREDICTIONS AND TRENDS IN REAL ESTATE AND CONSTRUCTION NR 11 (115) NOVEMBER 2007Modern skiing centresare spreading throughout the regionGOLD IN THE SNOWReal estate market summaryRUSSIAN BEARWITH A RUMBLINGSTOMACHEXPO REALspecial investment supplement.......11Going greenLegal aspects of sustainabledevelopment in Poland .....44T o r ts∏odko-s∏onyDeweloper zy powier zchni handlowychpr zy okràg∏ym stole „Eurobuild Poland”.......80Smar tand safeHow sustainable development could be the way forward. . . . .22The state of theCEE investment marketafter the US financial crisisWHEN IT COMESTO THE CRUNCHThe legal pitfallsof the Ukrainianreal estate sectorNOT FOR SALE!A promised landand a land of risks:H R YUkraine,VoneNof Europe’sI A Smost unsaturated real estate marketsF O R E V E R Y O N ENIERUCHOMOŚCI • BUDOWNICTWO • INWESTYCJEHigh streets, high rents,and high revenues– does the rule still apply?STREETWISESHOPPINGEko l o g i a w k ra czana solonyT R A W K ANA DACHUTop-shelf homes – the first budsappear on the Bulgarianexclusive residential marketL A P P I N G U PT H E L U X U R YREAL ESTATE•CONSTRUCTION•INVESTMENTEXPERTS•ANALYSIS•OPINIONSnr 6 (1 ) 2 JUNE 2008 2 | NR INDEKSU 322075nr 9 (1 ) 2 SEP TEMBER 5 2008 | NR INDEKSU 322075nr 1 (1 1 ) 2 7nr 0 (1 1 ) 2 9NE W ! ! !Hungary:is the worst finally over?HOLDINGT H E I R B R E A T HReview of the CEE industrial sectorDE E P - F ROZ E NS T O R A G ESkyscrapers are going upnext to old buildings– but are they welcome?BATTLES IN THE AIRMarketing nieruchomościod kuchni wedługO Ś M I O R G A W S PA N I A Ł Y C HZ A H AH D I D :QUEENO F T H ESK YLINEThe first lady of architectureon what modernitycan do for CEE citiesREAL ESTATE•CONSTRUCTION•INVESTMENTEXPERTS•ANALYSIS•OPINIONSWarehousing followsthe eco-friendlyt re n dG R E E N D AY SThe three e small s m atreasures of SEEare hungry for moreAN INVITATIONT O H E A V E NG R A N DPrague’s suburbsstill have interesting ginvestment v e s land to offerAnalysts are being drivento distraction, as it seemsthat any thing could happen nextR E T U R NT OT H E R I V E R P AY I N GF O RSALVATIONZapaść w mieszkaniówce u bałtyckich tygrysówyMAŁE KR AJE , DUŻ E PROBLEMYREAL ESTATE•CONSTRUCTION•INVESTMENTEXPERTS•ANALYSIS•OPINIONSOutlet centresmove intothe spotlightT H E N E X TB I G T H I N G ?Retail hashad it too good.Time for a little modestyC U T T I N G O U TT H E R I C H F O O DP R O M O T I O N SS E EWill the credit crunchundermine the retailA T I M E O Fmarket in the CEE region?H U M I L I T Y,T R U T HA T I M E O FThe real estatelabour market bubbleis the latest one to burstIN THE FACEO F A D V E R S I T Y30Eurobuild Awards 2010

FEBRUARY 2009 | NR INDEKSU 3220757 BGN 2 5 HRK 9 0 CZK 52 EEK 8 70 HUF 2 . 3 LVL 1 2 LT L2 0 5 MK D 1 2 P L N ( z 7 % VAT ) 1 2 R O N 1 2 0 R U B 24 0 RSD 10 5 SK K 2 5 UA HJULY 2009 | NR INDEKSU 322075FEBRUARY 2010 | NR INDEKSU 3220757 BGN 2 5 HRK 9 0 CZK 52 EEK 8 70 HUF 2 . 3 LVL 1 2 LT L2 0 5 M K D 1 2 P L N ( z 7 % VAT ) 1 2 R O N 1 2 0 R U B 24 0 RSD 10 5 SK K 2 5 UA HJULY 2010 | NR INDEKSU 322075T H E B E S T J O B O F • F THE E R S LATEST PROMOTIONSS7 BGN 2 5 HRK 9 0 CZK 52 EEK 870 HUF 2 . 3 LVL 12 LTL2 0 5 MK D 1 2 P L N ( z 7 % VAT ) 1 2 R O N 1 2 0 R U B 24 0 RSD 105 SK K 2 5 UAHT H E B E S T J O B O F • F E THE R S LATEST PROMOTIONST H E B E S T J O B O • F F THE E R S LATEST PROMOTIONSBGN 6 HRK 2 2 CZK 8 0 EEK 5 0 HUF 8 2 0 LVL 2 . 2 LT L 11MK D 19 0 P L N 1 2 ( i n c l . 7 % VAT ) R O N 1 3 R U B 1 2 5 RSD 3 0 0 EUR 3 UAH 33T H E B E S T J O B O F • F THE E R S LATEST PROMOTIONSSE EINSI DES E EINSIDES E EINSI DES E EINSI DEAPR IL 2009 | NR INDEKSU 3220757 BGN 2 5 HRK 9 0 CZK 52 EEK 870 HUF 2 . 3 LVL 12 LTL2 0 5 MK D 1 2 P L N ( z 7 % VAT ) 1 2 R O N 1 2 0 R U B 24 0 RSD 105 SK K 2 5 U A HNOVEMBER 2009 | NR INDEKSU 322075MARCH 2010 | NR INDEKSU 3220756 BGN 2 2 HRK 8 0 CZK 5 0 EEK 8 2 0 HUF 2 . 2 LVL 11 LT L19 0 M K D 1 2 P L N ( z 7 % VAT ) 1 3 R O N 1 2 5 R U B 3 0 0 RSD 3 EUR 33 UA HAUGUST 2010 | NR INDEKSU 322075T H E B E S T J O B O F • F E THE R S LATEST PROMOTIONS7 BGN 2 5 HRK 9 0 CZK 52 EEK 870 HUF 2 . 3 LVL 12 LT L2 0 5 MK D 1 2 P L N ( z 7 % VAT ) 1 2 R O N 1 2 0 R U B 24 0 RSD 10 5 SK K 2 5 UAHT H E B E S T J O B O F • F THE E R S LATEST PROMOTIONSSBGN 6 HRK 2 2 CZK 8 0 EEK 5 0 HUF 8 2 0 LVL 2 . 2 LT L 11M K D 19 0 P L N 1 2 ( i n c l . 7 % VAT ) R O N 1 3 R U B 1 2 5 RSD 3 0 0 EUR 3 UA H 33S E EINSIDEE EINSI DET H E L A T T E H S E T • B N E E S W T S T J O P B E O X F • P F THE E R S T LATEST A S W I PROMOTIONSD E R A N G E • O F N E T W O P R I K I C N S GC E E R E T A I L V I S I O N C O N F E R E N C E , M A 2 R 0 C 1 H 0 2 4S E EINSI DET H E L A T E T S H E T • B N E S W T S T J O P B E O X F • P F E R S T A S W I D E R A N G E • O F N E T W O O P R I K C I S N GE U R O B U I L D C E E G O L F T O U R N A M E N T , 3 S E P T E M B E R 2 0 1 0S E EINSI DEMAY 2009 | NR INDEKSU 3220757 BGN 2 5 HRK 9 0 CZK 52 EEK 870 HUF 2 . 3 LVL 12 LTL2 0 5 MK D 1 2 P L N ( z 7 % VAT ) 1 2 R O N 1 2 0 R U B 24 0 RSD 105 SK K 2 5 UAHDECEMBER 2009 | NR INDEKSU 322075MAY 2010 | NR INDEKSU 3220756 BGN 2 2 HRK 8 0 CZK 5 0 EEK 8 2 0 HUF 2 . 2 LVL 11 LT L19 0 M K D 1 2 P L N ( z 7 % VAT ) 1 3 R O N 1 2 5 R U B 3 0 0 RSD 3 EUR 33 UA HOCTOBER 2010 | NR INDEKSU 322075T H E B E S T J O B O F • F THE E R S LATEST PROMOTIONSS7 BGN 2 5 HRK 9 0 CZK 52 EEK 8 70 HUF 2 . 3 LVL 1 2 LT L2 0 5 MK D 1 2 P L N ( z 7 % VAT ) 1 2 R O N 1 2 0 R U B 24 0 RSD 10 5 SK K 2 5 UA HT H E B E S T J O B O • F F THE E R S LATEST PROMOTIONSSBGN 6 HRK 2 2 CZK 8 0 EEK 5 0 HUF 8 2 0 LVL 2 . 2 LT L 11M K D 19 0 P L N 1 2 ( i n c l . 7 % VAT ) R O N 1 3 R U B 1 2 5 RSD 3 0 0 EUR 3 U A H 3 3E EINSIDET H E L A T E S T T N H E W • S B E S T O P J E O X B P E O R • F T F S E R A S W I D E R A N G E O F • T O P N I E T C W S O R K I N GS W I T C H T O G R E E N , 8 D E C E M B E R 2 0 0 9S E EINSI DES E EINSI DET H E L A T T E H S E T • B N E S W T S T J O P B E O X F • P F E R S T A S W I D E R A N G E • O F N E T W O P R I K I C N S GA N N U A L C O N S T R U C T I O N & P R O P E R T Y C O N F E R E N C E D , E C E M 8 B E R 2 0 1 0S E EINSI DEJUNE 2009 | NR INDEKSU 3220757 BGN 2 5 HRK 9 0 CZK 52 EEK 870 HUF 2 . 3 LVL 12 LTL2 0 5 MK D 1 2 P L N ( z 7 % VAT ) 1 2 R O N 1 2 0 R U B 24 0 RSD 105 SK K 2 5 UAHJANUARY 2010 | NR INDEKSU 322075JUNE 2010 | NR INDEKSU 322075BGN 6 HRK 2 2 CZK 8 0 EEK 5 0 HUF 8 2 0 LVL 2 . 2 LT L 11M K D 19 0 P L N 1 2 ( i n c l . 7 % VAT ) R O N 1 3 R U B 1 2 5 RSD 3 0 0 EUR 3 UA H 33NOVEMBER 2010 | NR INDEKSU 322075T H E B E S T J O B O F • F E THE R S LATEST PROMOTIONS7 BGN 2 5 HRK 9 0 CZK 52 EEK 8 70 HUF 2 . 3 LVL 1 2 LT L2 0 5 M K D 1 2 P L N ( z 7 % VAT ) 1 2 R O N 1 2 0 R U B 24 0 RSD 10 5 SK K 2 5 UA HT H E B E S T J O B O • F F THE E R S LATEST PROMOTIONSSBGN 6 HRK 2 2 CZK 8 0 EEK 5 0 HUF 8 2 0 LVL 2 . 2 LT L 11MK D 19 0 P L N 1 2 ( i n c l . 7 % VAT ) R O N 1 3 R U B 1 2 5 RSD 3 0 0 EUR 3 UA H 33S E EI N S I D ET H E L A T E T H S E T • B N E S W T S T J O P B E O X F • P F THE E R S T LATEST A S W I PROMOTIONSD E R A N G E • O F N E T W O P R I K C I S N GC E E O F F I C E M A R K E T C O N F E R E N C E , 2 4 F E B R U A R Y 2 0 1 0S E EINSI DES E EINSI DET H E L A T T E H S E T • B N E E S W T S T J O P B E O X F • P F E R S T A S W I D E R A N G E • O F N E T W O P R K I C N S GA N N U A L C O N S T R U C T I O N & P R O P E R T Y C O N F E R E N C E D , E C E M 8 B E R 2 0 1 0S E EINSI DEnr 0 2 (1 ) 3 0nr 0 4 (1 ) 3 2nr 0 5 (1 ) 3 3nr 0 6 (1 ) 3 4Eurobuild Central & Eastern Europe 02/2009No buyers? Other ways existfor getting rid of unsold homesP L A N BThe Euro championshipswill cost EUR 20 bln to prepare– a godsend for construction2012: THE BIGDEADLINEA N D A N E W?S TA R T I N G P O I N TBanks are set to remain cautious,especially towards Russianand Romanian clientsD U D E , W H E R E ’ SM YC A S HMiddle Eastern fundscould be the answerto the crunchA LEAGUEOF THEIR OWNI’MMaking the best useof vacant spaceBRINGING ONTHE SUBSGrowth in times of recession?In Serbia, even this looks possibleT H E LO N GA N D W I N D I N G R OA DThe downturn won’t last forever,so let’s start preparing nowfor the better times aheadA B E L I E V E ROrco entersintensive careVICTIM OFITS OWNSUCCESSLand values may be plummeting,but most buyers are still waiting forprices to fall even lowerOUT OF SEASONPURCHASESHow the hotel development sectorin the region is adjusting to the neweconomic realitiesP E A N DH O S PI TAL I T YGame of nervesbetween mall ownersGreen office buildings go upacross the CEE regionINCONVENIENTTRUTHand retailersA FORCEDEXCHANGE OF TENANTSWarsaw’s top townF A L Ldevelopment planners discuss of the cit theyW I T H ALOVEF R A N K E N S T E I N ?I Nnr 0 (1 7 ) 3 5nr 1 (1 ) 1 3 9nr 1 (1 2 ) 4 0nr 0 (1 1 ) 4 1Eurobuild Central & Eastern EuropePublic buildings in the CEEregion: is modernarchitecture welcome?PUBLIC SERVICEEurobuild CEE interviewENTERTHE DRAGONShopping centremanagement in timesof declining retail salesSURVIVAL STRATEGIESA summer thaw in the bankingsector brings some cheer tothe real estate industr yT U R N I N GO N T H ETAPSRailway stations: ti a soughtafter location for developers,but still hard to getS TAT I O N - T O - S TAT I O NThe CEE retail market:lots of plans, not so much actionH O L D O R F O L DS talls: second ra te tenants maybe,but contributing to malls ina number of impor tant waysG E M SPASSAGETo win a contractthese days, construction firmsare sharing the costsC O N D E M N E DT O C O - F I N A N C I N GI N T H EAstaldi-led consortium canfinally get down to buildingWarsaw’s second metro lineTHE ITALIAN JOBR E S O L U T E LYO P T I M I S T I CThe credit crunch meanseveryone is looking for savingsA Q U E S T I O N O F S T Y L EEver y thing tha t we shouldpromise ourselves onthe eve of 2010Constructors consider newopportunities in BelarusCLIMBING UPTHE CHARTS• THE LATEST PROMOTIONSThe Adriaticor the Mediterranean Sea?Investors face a difficult choiceCONQUERINGT H E S O U T H2009 summary and 2010 forecastT H E R O A D T O R E C O V E R YMulti-functionalstadium facilities needS M O O T Ha special breed ofadministratorO P E R AT O R S•nr 0 2 (1 ) 4 2nr 0 3 (1 ) 4 3nr 0 5 (1 ) 4 5nr 0 6 (1 ) 4 6Eurobuild Central & Eastern Europe 06/2010Eurobuild Central & Eastern Europe 05/2010Eurobuild Central & Eastern Europe 03/2010Eurobuild Central & Eastern EuropeExoticism or commonpractice?WHO WILL BUYTHIS WONDERFULO F F I C E ?Finance from the EBRD?Yes, but on certain conditionsWE CANR E B U I L D YO Uproblems findinga new jobA N E W D E A LBUT HOLDINGNot ever y specialistin the industr y hasTHE SAME A C E SThe head of Europe’s biggestinvestor reveals allGETTING THE SHOWO N T H E R O A DH O WWho’s liable towhom under Polishconstruction law ?N O T T O P A YTWICE FORO N E D E V E L O P M E N THas there beena sea change inthe attitude of banks?T H E S Z C Z E C I N E X P R E S S•Investors start t to returnto the Balkan andBaltic real estatemarketsE A R LY B I R D STurning warehousesinto powerhousesO N A H O TT I N R O O FA W H O L ESITEAfter the slump in prices forBETTERplots the land market is nowcoming ou t of hiberna tionThe cool respectbet ween pension fundsand real es ta teT H EH I G HP R I C EO F R I S KSkyscrapers:an investment for thepatientT H E R E ’ SS O M E T H I N GI N T H E A I RShopping centre tenants areon the warpath, demandinglower rents from propertymanagersTHE TENANTS’R E V O L Tnr 0 (1 7 ) 4 7nr 0 8 (1 ) 4 8nr 1 (1 0 ) 5 0nr 1 (1 )5 1Eurobuild Central & Eastern Europe 11/2010Eurobuild Central & Eastern Europe 10/2010Eurobuild Central & Eastern EuropeEurobuild Central & Eastern EuropeWhere have allthe logistics tenants gone?TROUBLEIN STORE?ADDThe overheatedBulgarian hospitalitymarket needs a saviourH O T E LH E A DAC H EA COMPANYT O Y O U R FRIENDSHow social networkingsites may give yourbusiness a crucial edgeDevelopment andconstruction companiesembrace social responsibilityFOR THE GREATERGOODThe most importantinvestment transactionsof the last decadeT E N Y E A R S A F T E RTen knights of the housing sectorga ther to parley on wha t the fu ture holds inour round table discussionC A U T I O U S B A C KO P T I M I S T S• THE LATEST PROMOTIONSTime is running out tf for Poland andUkraine – only 20 months to gobefore Euro 2012 kicks offA W H O L E N E WB A L L G A M EThe reign of the internationalinvestor is at an endTHINKING GLOBALLY,BUT ACTINGL O C A L L YO U R F E E?Wha t can we expect from theinvestment sector in 2011? T• THE LATEST PROMOTIONSO NModern officesin post-war buildingsR E C YC L E D P E A R L SIt’s still hard butno longer impossibleto get yourself a loan for a retail projectCRITICAL CONDITIONSWhat’s in store forshopping centres?T H E Q U A L I T YS H I F T• THE LATEST PROMOTIONSEurobuild Awards 2010 31

The Ultimate VerdictThe Eurobuild Awards Tenants SurveyExpecting the unexpectedThere are no major surprises in the results of theoffice and warehouse tenant survey. The shoppingcentre survey, however, is altogether different.It’s fair to say that very few people in the retail sectorwould expect Wola Park to come out on top.The Eurobuild Awards Tenant Survey was carriedout by the Polish branch of internationalmarket research company Millward Brown withtwo aims: one, to get feedback from clients aboutwhat they like and don’t like about the buildingsthey are in, and two, to find out how tenants ratethe projects they are in. The highest rated projectin each sector was announced at the EurobuildAwards Gala. Over 1000 tenants in 50 offices,30 shopping centres and 20 warehouses eitherfilled in an online survey form, were interviewedby phone or, in some cases, were interviewed faceto face, rating various aspects of the project theyrent on a scale of -5 to +5. According to MillwardBrown most tenants were happy to cooperate, althoughin some cases the project’s management orowner was not.The picture that emerges is of tenants who aregenerally satisfied. There are no average minusscores, the lowest average in each sector somewhatunsurprisingly concerning costs, with ratings of1.68 out of a maximum five for warehouses, 1.62for shopping centres and 1.72 for offices in replyto this question: “How satisfied are you with therent rate in relation to the size, type and qualityof the leased space?” On a more positive note, officesector tenants are happiest with their workingconditions, while shopping centre and warehousetenants are most satisfied with the locations oftheir projects.No ComparisonOne key thing to keep in mind about the results isthat the tenants were not comparing their projectwith other projects, which is easy to forget whenlooking at the results. They were simply asked torate their project as a separate entity. So a marketinsider may look at the results and shake his head,saying “but the architecture of shopping centreA is far better than the architecture of shoppingcentre B, so how could the tenants have rated itlower?” or “the location of office X is less convenientthan the location of office Y, so why didthe tenants rate it higher?”, yet this would be tomisunderstand the survey. A related factor to takeinto consideration is that tenants who are broadlysatisfied with their project were more likely to givehigher ratings across the board than those who arenot satisfied. Since the object of the exercise is tofind the projects with the most satisfied tenants,this is of no detriment to the survey.Weighting the answersIn the survey, tenants were asked to place groupingsof questions in order of importance for them.These were the results for each sector, the mostimportant coming first:Office:1) Location.2) Rent/charges/costs.3) Working conditions.4) Building (flexibility, sustainability, parking,amenities).5) Architecture & atmosphere.6) Facility management.Retail:1) Location.2) Rent/charges/costs.3) Marketing & PR of the shopping centre.4) Tenant mix & anchor tenants.5) Building (technical conditions, architectural& interior design).6) Layout and signings.7) Facility management.Warehouse:1) Location.32Eurobuild Awards 2010

2) Rent/charges/costs.3) Building (technical conditions, systems, quality).4) Flexibility and possibility to make changes/improvements to warehouse scheme.5) Parking and field of manoeuvrability for lorries.6) Warehouse park infrastructure and fittings.7) Facility management.The fact that facility management was rated bytenants as the least important in each sector was,to Eurobuild and Millward Brown at least, a bigsurprise. One would expect management to be atthe top or in second place. According to MillwardBrown, the reason it is ranked bottom is perhapsdue to one of the following two reasons: tenantsare happy with the building management so don’tsee it as a concern, or they don’t see the influenceof the management on their day-to-day business.At the other end of the scale, location being themost important element proves the universal truthof that well-worn but popular real estate clichéthat the three most important factors in propertyare ‘location, location, location’.As a result of the rankings, Millward Brownweighted the ratings to give more weight to elementsthat were more important to tenants andless weight to those that were less so.The projects that were selected for the survey hadto fulfill some basic criteria. They had to be openfor at least 12 months from the start of the surveyin the summer of this year and had to be at least70% - 75% occupied (depending on the sector).The bigger buildings with more tenants were favouredover small buildings. We were also lookingfor geographic diversity and tried to make surethat projects by major developers were included.The following pages show the top three projectsin answer to several of the questions asked, plussome information of note arising from the survey.Millward Brown will send a brief report withfeedback about each project to the project owners,on request. For more information please contactRichard Stephens at richard@eurobuildcee.comArup sustainable development ishaving a significant impact on the waythat clients, designers, contractors andusers design and operate buildings.At Arup, we have developed a design strategyto assist our clients, and those we work with,to navigate through this rapid period of changeand deliver what is possible.By providing a consistent approach tosustainable development we are able to showour clients the opportunities for moresustainable design on every project. Thestrategy is part of our overall corporatecommitment to sustainability for our clientsand our own business.The strategy raises discussion on sustainabilityto a strategic level by highlighting sixobjectives, making it a real and positive step inthe development process.Ove Arup & Partners International Limited Sp. z o.o.Oddział w Polsceul. Królewska 1600-103 WarszawaT: +48 (22) 455 4554E: poland@arup.comwww.arup.comEurobuild Awards 2010 33

The Ultimate VerdictThe office survey• In answer to the question: “What are yourreservations regarding car parking, if any?”the biggest complaint was that there are toofew parking spaces, followed by criticism thatthe spaces are too tight and that there is notenough parking for guests.• In answer to the question: “What complaints,if any, do you have about the facility management?”tenants were most critical of thelong reaction time if there’s a request or complaint.• 77% of respondents answered YES to thequestion: “If you were looking for office spacenow, would you rent in the same buildingagain?” Of the 23% who said NO, the mainreason was high costs, followed by unsatisfactoryparking and poor management.• 45.2% of office tenants answered YES to thisquestion: “Is your company willing to bear additionalcosts for environmental and green solutionsin the office building?”, while 28.62% saidNO and 26.37% replied “DON’T KNOW”.Best Office Building in Poland – the surveyed facilitiesTenant AwardsAtrium C’trum&Atrium IBC IO-1 Rondo IBitwy Warszawskiej BC Kaskada Saski CrescentBrama Zachodnia Liberty Corner Sienna CenterWarsawCirrus Lumen Trinity Park IIDeloitte House (AtriumCity)Marynarska Business ParkTrinity Park IIIDom Dochodowy Marynarska Point I & II Tulipan HouseEmpark Office Complex(not including Taurus)MetropolitanUniversity Business CenterI & IIEmpark Taurus Nefryt & Topaz Warsaw Financial CentreFocus North Gate Warsaw TowersGrzybowska ParkOkęcie Business ParkNothus & ZephirusWarsaw Trade TowerHorizon Platinium I & II Wiśniowy Bus. Park E & FIBC I & IIIlmetProsta Office CentreRiverside Park1Best Office Building in Poland - the surveyed facilitiesTenant AwardsArkadyWroclawskieBema PlazaKatowiceAltusCentrumChorzowska 50GdańskGdyniaArkońska Bus.Park A&BŁużycka OfficePark A&BWrocławGlobis CentrumBiur.GrunwaldzkiCenterKrakówBuma Square A-F Łódź Forum 76Galileo, Edison,NewtonPoznańAndersia TowerQuattro Forum Kraków Bus. Park GlobisSilver ForumRondo Bus.Park 1&2Malta Office A&B234Eurobuild Awards 2010

The Ultimate VerdictHOW SATISFIED ARE YOU WITH:The location of your office in terms of its surroundings – shops,service outlets, restaurants?543210-1-2-3-4-5Empark Taurus Grunwaldzki Center Andersia Tower AVERAGE5 5 52.824LocationHOW SATISFIED ARE YOU WITH:Parking – in terms of accessibility of spaces and comfort of use?543210-1-2-3-4-5Grunwaldzki CenterEmpark TaurusWarsaw FinancialCenter4.67 4.6 4.33AVERAGE3.115LocationHOW SATISFIED ARE YOU WITH:Waiting time for the lift?543210-1-2-3-4-5Empark TaurusWiśniowy BusinessPark E & F Malta Office A & B AVERAGE5 4.5 4.332.326Working conditions36Eurobuild Awards 2010

To what extent does the expression comfortable suit your officebuilding?543210-1-2-3-4-5Empark TaurusAndersia TowerWarsaw FinancialCentre5 4.83 4.78AVERAGE3.2613Aesthetic qualities and interior designTo what extend does the expression attractive architecture suityour office building?543210-1-2-3-4-5MetropolitanRondo IŁużycka OfficePark A & BDomDochodowy4.67 4.33 4.33 4.33AVERAGE2.8714Aesthetic qualities and interior designHOW SATISFIED ARE YOU WITH:The decor of the reception/entrance lobby?15Aesthetic qualities and interior designEurobuild Awards 2010 39

The Ultimate VerdictAn image questionTo what extent does the expression high quality suit your officebuilding?543210-1-2-3-4-5Grunwaldzki CenterEmpark TaurusWarsaw FinancialCentre5 4.67 4.44AVERAGE3.1116BuildingAn image questionTo what extent does the expression tenant-friendly suit your officebuilding?543210-1-2-3-4-5Grunwaldzki Center Empark Taurus Andersia Tower AVERAGE5 4.67 4.53.1817BuildingHOW SATISFIED ARE YOU WITH:The possibilities of changing the office arrangement?543210-1-2-3-4-5Empark TaurusWiśniowy BusinessPark E&F Kraków Business Park AVERAGE4.67 4.5 4.142.4918Budynek40Eurobuild Awards 2010

HOW SATISFIED ARE YOU WITH:The amenities for employees/ social area in the building?543210-1-2-3-4-5Empark TaurusWiśniowyBusiness Park E&FŁużycka OfficePark A & BGrunwaldzkiCenter5 4.5 4.33 4.33AVERAGE2.3419BuildingHOW SATISFIED ARE YOU WITH:The car parks?543210-1-2-3-4-5Wiśniowy Business Łużycka Office ParkPark E&FA & B Andersia Metropolitan AVERAGE4.5 4 4 41.7120BuildingHOW SATISFIED ARE YOU WITH:Ecological standards of the building?543210-1-2-3-4-5Wiśniowy Business Łużycka Office ParkPark E&FA & B Andersia Metropolitan AVERAGE4.5 4 4 41.7121BuildingEurobuild Awards 2010 41

The Ultimate VerdictHOW SATISFIED ARE YOU WITH:The quality of services provided within the service charge?543210-1-2-3-4-5EmparkTaurusRondo IŁużyckaOffice Park A& B CirrusMarynarskaSilver Forum Point I & IISaskiCrescent4.67 4.11 4 4 4 4 4AVERAGE2.6922Facility managerHOW SATISFIED ARE YOU WITH:The facility management of your building? (Please consider elements such as:availability, reaction time, understanding the needs, presence at the site, friendliness,involvement in organization of events and seasonal decorations.)543210-1-2-3-4-5Rondo I Saski Crescent Empark Taurus AVERAGE4.5 4.44 4.332.7523Facility managerHOW SATISFIED ARE YOU WITH:The rent in relation to the size, type and quality of leased space?543210-1-2-3-4-5Warsaw FinancialCentre Globis Andersia Tower AVERAGE3.56 3.5 3.41.7224Rent/Charges/Costs42Eurobuild Awards 2010

HOW SATISFIED ARE YOU WITH:The transparency of calculating the service charge?543210-1-2-3-4-5Wiśniowy BusinessPark E & F Cirrus Grunwaldzki Center AVERAGE4.5 4.4 4.332.6625Rent/Charges/CostsTo what extent does the office space meet your currentrequirements?543210-1-2-3-4-5ŁużyckaOffice ParkA&BEmparkTaurusGrunwaldzkiCenterAltusCentrumChorzowska50SaskiCrescent5 4.67 4.33 4.33 4.33 4.33AVERAGE3.3526If you were looking for office space for lease now,would you like to rent it in the same buildingagain?NO23%YES77%27Eurobuild Awards 2010 43

The Ultimate VerdictIf you were looking for office space for lease now, would you like to rent itin the same building again?100% YES answers:Bitwy Warszawskiej BCWarsawLiberty CornerRiverside ParkUniversity Business Center I & IIPoznańWrocławGlobisGrunwaldzki CenterYES100%28Green issuesAdditional questionIs your company generally willing to bearadditional costs for environmental protection andgreen solutions in the office building?YES 45.02%DON'TKNOW26.37%NO 28.62%29Comments and suggestions…lease periodsshould benegotiableinvoicesshould bedelivered onone fixeddaymoregreenareaswi-fiaccessforguestsa car parkfor thedisableda canteenforemployeesand a placefor meetingswith clientsvisualizationof logo in anoticeableplace isimportantthere shouldbe thepossibility tosegregaterubbishwe like theidea of greensolutions verymuchaccess to an AT Mand a local shopoffering foodand e.g. tightsthe quality of airconditioningshouldbe improvedmore transparencywith regard tosettlement ofaccounts,Providing currentinformation,loweringmaintenance costs3044Eurobuild Awards 2010

The retail survey• The biggest complaint when asked about theselection of tenants was that there are notenough well-know retailers followed by a lackof variety.• In answer to the question: “What complaints,if any, do you have about the facility management?”the biggest number concerned thelong reaction time if there were any problems,followed by the lack of promotional attractionsand a lack of understanding about theirneeds.• Respondents were most unhappy with thesmall space of the retail unit, the lack of accessto water or a toilet in their unit, problemswith the heating or air conditioning systemand size of the back room.• However, when asked if they would rentagain in the same centre, 88% said ‘YES’,with only 12% saying they wouldn’t. Ofthose who said no, the biggest reason givenwas because there were too few customers,followed by the centre being unprofitable orin a poor location.• In the ‘comments and suggestions’ box, retailerssaid that the opening of a supermarket orintroduction of retail brands which are wellknown and attract customers would be welcome,and that they would like the parkingfacilities to be more comfortable, and to havemore of them. Better marketing & PR andbetter air-conditioning followed closely behindin their concerns.• Of the three sectors surveyed – retail, officeand warehouse – on average retail tenantswere the happiest of the three, something thatshopping centre managers may find hard tobelieve.Best Shopping Centre in Poland – the surveyed facilitiesTenant AwardsWarsawArkadiaManufaktura Gdańsk Galeria BałtyckaŁódźTargówek Park Galeria Łódzka Katowice Silesia City CentreCH TargówekWrocławMagnolia Park Szczecin GalaxyWola Park Pasaż Grunwaldzki Bydgoszcz Focus MallZłote Tarasy Korona Gliwice CH ForumBlue City Gal. Dominikańska Opole KarolinkaGal. MokotówRedutaSadyba BestKlifPromenadaKrakówPoznańGaleria Krakowska Płock Wisła PłockGaleria KazimierzKraków PlazaGaleria MaltaStary BrowarBielsko-BiałaDąbrowaGórniczaGaleria SferaCH Pogoria1Eurobuild Awards 2010 45

The Ultimate VerdictAverage answers to the questions0 0.5 1 1.5 2 2.5 3 3.5 43.96Location3.093.77Selection oftenants2.882.933.453.363.46Marketingand PR2.642.993.442.99Building3.003.513.31Layout3.052.85FacilityManager2.373.033.17Costs1.622.38General2.413.531HOW SATISFIED ARE YOU WITH:The location of your shopping centre in terms of access by publictransport?543210-1-2-3-4-5złote tarasy galeria bałtycka galeria łódzka AVERAGE4.93 4.86 4.813.962LocationHOW SATISFIED ARE YOU WITH:The location of your shopping centre in terms of access by car?543210-1-2-3-4-5ch pogoriagaleriadominikaoska silesia city centre AVERAGE4.93 4.8 4.733.773Location46Eurobuild Awards 2010

HOW SATISFIED ARE YOU WITH:The tenant mix with regard to their class, type and size of shops andservice outlets?543210-1-2-3-4-5wola park focus mall arkadia AVERAGE4.53 4.47 4.473.454Selection of tenantsHOW SATISFIED ARE YOU WITH:The key tenants?543210-1-2-3-4-5wola park focus mall arkadia AVERAGE4.53 4.47 4.333.365Selection of tenantsHOW SATISFIED ARE YOU WITH:The number of people visiting the centre?543210-1-2-3-4-5wola park arkadia galeria krakowska AVERAGE4.53 4.47 4.332.886Selection of tenantsEurobuild Awards 2010 47

The Ultimate VerdictHOW SATISFIED ARE YOU WITH:The food offer, the number and selection of restaurants and cafes?543210-1-2-3-4-5wola park promenada silesia city centre AVERAGE4.53 4.4 4.42.937Selection of tenantsWhat are your reservations with regard to the offerof the centre, if any?reservations concerning the gastronomic offer35too much fastfood, notenough traditional cusine not enough eating placesnot enough choicethe gastronomic offer istoo expensive30252015103326512208What are your reservations with regard to the offerof the centre, if any?reservations concerning the offer of the centre1614121086420no well-known brands the offer is not very varied no cinema or entertainment offer15104such as: Rossman,Pizza Hut, McDonald,Nord, Reserved andother well-known brandsnot enough clothingshops, not enoughfurniture shops, nosmall services, amongother things948Eurobuild Awards 2010

Image questionsTo what extent does the expression friendly and comfortable forcustomers suit your shopping centre?543210-1-2-3-4-5wola park arkadia focus mall AVERAGE4.33 4.27 4.273.4610Marketing and PRImage questionsTo what extent does the expression tenant-friendly suit yourshopping centre?543210-1-2-3-4-5wola park promenada sadyba best mall AVERAGE4.4 4.33 4.142.9911Marketing and PRImage questionsTo what extent does the expression functional for tenants (withregard to level of service and receipt of deliveries) suit yourshopping centre?543210-1-2-3-4-5wola park ch pogoria promenada AVERAGE4.4 4.14 3.932.6412Marketing and PREurobuild Awards 2010 49

The Ultimate VerdictImage questionsTo what extent does the expression visually attractive suit yourshopping centre?543210-1-2-3-4-5stary browar wola park ch pogoria AVERAGE4.86 4.53 4.473.4413Marketing and PRHOW SATISFIED ARE YOU WITH:The marketing strategy and promotional campaigns of the shoppingcentre?543210-1-2-3-4-5wola park stary browar galeria krakowska AVERAGE4.67 4.21 4.132.9914Marketing and PRHOW SATISFIED ARE YOU WITH:Technical specification of the building (with regard to the quality of finishing,the number and layout of sockets, telephone jacks, heating and air-conditioning systemsand Wi-Fi access)?543210-1-2-3-4-5wola park galeria krakowska promenada AVERAGE4.73 4.6 4.273Building (technical specifications, aesthetics of architecture and interior design)1550Eurobuild Awards 2010

HOW SATISFIED ARE YOU WITH:The interior design and the quality of public areas (fountains,benches and meeting points)?543210-1-2-3-4-5wola park galeria krakowska promenada AVERAGE4.67 4.53 4.333.31Building (technical specifications, aesthetics of architecture and interior design)16HOW SATISFIED ARE YOU WITH:Layout of the centre with regard to how easy it is for customers tofind the place they are looking for?543210-1-2-3-4-5wola park arkadia galeria krakowska AVERAGE4.53 4.33 4.23.0517Layout and signageHOW SATISFIED ARE YOU WITH:Visual communication in the shopping centre (plans, arrows, trafficsigns, graphic marking)?543210-1-2-3-4-5wola park złote tarasy arkadia AVERAGE4.6 4.27 4.272.8518Layout and signageEurobuild Awards 2010 51

The Ultimate VerdictHOW SATISFIED ARE YOU WITH:The facility manager of your building? (availability,reaction time, understanding the needs, presence at the site, friendliness,involvement in organization of events and seasonal decorations.)543210-1-2-3-4-5wola park ch pogoria sadyba best mall AVERAGE4.53 4.2 4.143.0319Facility managerHOW SATISFIED ARE YOU WITH:Care and maintenance of the building?wola park galeria łódzka galeria krakowska AVERAGE543210-1-2-3-4-54.53 4.38 4.333.1720Facility managerWhat are your reservations with regard to thefacility manager, if any?long reaction time with regard to complaintsfew promotional attractions, few …low involvement, lack of willingness to …no understanding of needsno amenities for customerslack of contact, no presence in the facilitypoor information, confusing map of the …high rentreservations with regard to securityno understanding of people receiving …lack of/poor air-conditioningcleannessno amenities for tenantsunfair treatment of tenantsmonotonous decorations10109876653332172623Wi-Fi, baby changing table,meeting spots, paid car parks, notenough ATMs or eating places,poor condition of car parksSmoking room, toilets, parkingspaces2152Eurobuild Awards 2010

HOW SATISFIED ARE YOU WITH:The rent rate in relation to the size, type and quality of leasedspace?543210-1-2-3-4-5wola park4.67karolinkagaleriadominikaoska3.4 3.11AVERAGE1.6222Rent/charges/costsHOW SATISFIED ARE YOU WITH:Transparency of calculating service charges?543210-1-2-3-4-5pogoriawola park5 4.73galeriadominikaoska3.56AVERAGE2.3823Rent/charges/costsHOW SATISFIED ARE YOU WITH:The earnings of your shop/service outlet?543210-1-2-3-4-5wola park galeria krakowska arkadia AVERAGE4.6 4.13 3.872.4124Rent/charges/costsEurobuild Awards 2010 53

The Ultimate VerdictTo what extent does the leased space meet your currentrequirements?wola park ch pogoria galeria łódzka AVERAGE543210-1-2-3-4-54.8 4.6 4.383.5325Which of your needs does the area leased by you failto satisfy, if any?small space of the shopno toilet or access to water in the shopreservations with regard to air-…small back roominefficient promotion, not enough …dissatisfaction with the location in the …too high rent /too low earningsno warehouseindustrial safety and technical …reservations with regard to the …poor cooperation with the facility …difficulties with receipt of deliveriestoo large area3257109913121918213926If you were looking for retail space for lease now,would you like to rent it in the same building again?NIE12%YES88%2754Eurobuild Awards 2010

If you were looking for retail space for lease now, would you like to rent itin the same building again?100% YES answers:Wola ParkZłote TarasyWrocławPasaż GrunwaldzkiGaleria DominikańskaWarsawGaleria Mokotów Gdańsk Galeria BałtyckaArkadia Katowice Silesia City CentreKlif Kraków Galeria KazimierzŁódź Galeria Łódzka Opole KarolinkaYES100%28If you were looking for office space for lease now, would you like to rent itin the same building again?If NO – why?few customers20unprofitable8poor location8high rent5ineffective marketing4other areas3we are not satisfied withthe selection of tenants3we prefer anothershopping centre2we are not satisfied withthe location in the …129Comments and suggestions…temporarywarehousepossibility ofdeliveriesduring thedaybettermarketingand PRmore comfortablecar park, moreparking spacesopening of asupermarket andintroducing brandsthat attractcustomers, moreeating placessocialareatoo highrentbettersignagebetterair-conditioning30Eurobuild Awards 2010 55

The Ultimate VerdictThe warehouse survey• Concerning infrastructure, the biggest reservationsexpressed by warehouse tenants wasthat there are too few parking spaces, followedby the lack of social areas, poor arrangementof access traffic and not enough docks andramps.• As in the office and shopping centre surveys,the area where there were most complaintsconcerning facility management was the longreaction time once a complaint is made or anissue raised, followed by the lack of availabilityof the facility management.• By far the biggest concern raised by tenants inanswer to the question “Which of your needsdoes the leased space fail to satisfy?” was thelack of opportunity to increase or decrease thespace they need.• 79% of tenants would rent in the same schemeagain if they were looking for space now, 15%of tenants wouldn’t and 6% didn’t know.Best Warehouse in Poland – the surveyed facilitiesTenant AwardsWarsaw areaMLP Pruszków IDiamond BusinessPark PiasecznoEuropolis ParkBłonieOżarów Bus. Cent.Manhattan Bus. &Distribution CenterWarsaw Dist’n CtreŻerań Park IICity PointSouthern areaPrologis ParkChorzów Phase IPanattoni ParkMysłowiceTulipan ParkGliwiceMillennium LogisticPark TychyDiamond BusinessPark GliwiceAlliance SilesiaLogistics CentreWrocławPoznańGdańskPanattoni ParkWrocław IPrologis ParkWrocław IIIPanattoni ParkPoznań Phase ITulipan ParkPoznańPrologis ParkGdańsk1Average ratingsLocation 3.62InfrastructureBuildingChanges/ImprovementsCar parksCostsFacilitymanagementGeneral1.731.682.022.042.132.512.752.712.832.792.842.902.983.103.193.183.213.31156Eurobuild Awards 2010

Average ratings, including the weight of a givenaspect.4.5średnie odpowiedziwaga kryterium43.53assessment/weight2.521.510.501 2 3 4 12 13 5 6 7 8 18 9 10 11 14 15 16 17question number2HOW SATISFIED ARE YOU WITH:The location of your warehouse park in terms of its distance fromimportant infrastructure elements such as airports, big cities andmain roads?543210-1-2-3-4-5Tulipan ParkPoznańTulipan ParkGliwicePanattoni ParkWrocław I5 4,5 4,4AVERAGE3,613LocationHOW SATISFIED ARE YOU WITH:The location of your warehouse park in terms of access by car andpublic transport?543210-1-2-3-4-5Panattoni ParkMysłowiceManhattanBusiness &Distribution CenterAlliance SilesiaLogistics Centre4,33 4 3,5AVERAGE2,714LocationEurobuild Awards 2010 57

The Ultimate VerdictHOW SATISFIED ARE YOU WITH:The accessibility of human resources?543210-1-2-3-4-5WarsawDistribution CentreMLP TychyManhattanBusiness &Distribution Center4,29 4,25 4AVERAGE3,145Location58Eurobuild Awards 2010

The Ultimate VerdictHOW SATISFIED ARE WITH:The quality of the flooring?543210-1-2-3-4-5MLP TychyPanattoni ParkMysłowice Żerań Park II AVERAGE4,5 4 42,6411BuildingHOW SATISFIED ARE YOU WITH:The efficiency of the layout and the possibility of introducingadapting it?543210-1-2-3-4-5Panattoni ParkMysłowiceMLP TychyPrologis ParkWrocław III4,33 4,25 3,88AVERAGE2,92A possibility of introducing changes and improvements12HOW SATISFIED ARE YOU WITH:The improvements introduced in the warehouses and the warehousepark area within the period of your lease (e.g. improvements withregard to the building, infrastructure and access roads)?543210-1-2-3-4-5MLP TychyManhattanBusiness &Distribution CenterPrologis ParkWrocław III3,75 3,33 3,25AVERAGE1,63A possibility of introducing changes and improvements1360Eurobuild Awards 2010

The Ultimate VerdictHOW SATISFIED ARE YOU WITH:The facility management of your building? (availability, reactiontime, understanding the needs, presence at the site, friendliness, involvement).543210-1-2-3-4-5Panattoni ParkMysłowiceTulipan ParkGliwiceDiamond BusinessPark Gliwice4,33 4,25 4AVERAGE2,7817Facility managerHOW SATISFIED ARE YOU WITH:The care and maintenance of warehouses and the warehouse parkarea?543210-1-2-3-4-5MLP TychyOżarów BusinessCentrePrologis ParkWrocław III4,25 3,92 3,88AVERAGE3,0418Facility managerHOW SATISFIED ARE YOU WITH:The rent rate in relation to the size, type and quality of leasedspace?543210-1-2-3-4-5Panattoni ParkMysłowiceMLP TychyOżarów BusinessCentre3,33 3,25 2,73AVERAGE1,6119Rent/charges/costs62Eurobuild Awards 2010

The Ultimate VerdictAll Jury MembersAareal Bank AG, Michał Sternicki, General Manager PolandMichael Sternicki is a General Manager of Aareal Bank’s operations in Poland. He hasworked in Warsaw since November 2000. Prior to this he worked 3 years within the InternationalReal Estate Financing Team of Aareal Bank AG and was based in Germanyand London.Aareal Bank AG, Karl Wilson, General Manager Central Europe and RussiaKarl Wilson is the General Manager Central Europe and Russia of Aareal Bank AG. Beforethat Karl set up Aareal’s office in Warsaw in 2000 and was its General Manager. Karlalso worked in Frankfurt and London with RHEINHYP and in Prague for Price Waterhouse,co-ordinating their CEE corporate finance real estate activities. He holds a degreein Estate Management from Trinity College Dublin.Aareal Bank AG, Hubert Mańturzyk, Senior ManagerHubert Mańturzyk joined the Polish Branch of Aareal Bank AG in 2007 as a Senior Manager.He has a strong background within corporate and real estate finance, having workedat Nordea Bank as a Relationship Manager of the Nordic Corporate Banking Departmentand at BRE Bank as an Account Manager. Hubert holds a master degree at Economy,Banking and Finance from PWSBiA in Warsaw.AIG/Lincoln Polska, Hubert Michalak, Development DirectorHubert Michalak is a CCIM Institute member with 11 years experience in real estate.He started in 1999 with Viterra Development as project controller and site acquisitionmanager participating in the successful development of more than 800 apartments.He joined AIG/Lincoln Polska in 2003, taking over the responsibility of leasing andfurther development of Diamond Business Parks light industrial projects totaling morethan 500,000 sq m NRA.APA Wojciechowski architekci, Szymon Wojciechowski, PartnerSzymon Wojciechowski is a founder and a partner of APA Wojciechowski Architekci,an architectural practice which employs 56 architects and provides a full range and scopeof architectural and engineering services in Poland, Russia and Ukraine. APA servicesinclude retail, office, industrial and residential developments.Arch Magic, Paweł Graliński, PresidentPawel W. Gralinski, architect, founder & president of Arch Magic Group has over 25 yearsof International experience in Architecture, Engineering & Planning, providing complexDesign Services, Project Management & Investment Consultancy. Mr Gralinski’s achievementhas received the prestigious merit from ICSC for the Sadyba Best Mall in Warsaw.64Eurobuild Awards 2010

Arup, Andrzej Sitko, DirectorAndrzej Sitko is a structural engineer by background, with 29 years of experience in the design,consultancy and management of building projects, including international ones.Avestus Real Estate,Maciej Gołębiewski, Director of Leasing and MarketingMaciej Gołębiewski is responsible for leasing and marketing of development projects atAvestus Real Estate (formerly Quinlan Private Golub). He has more than 14 years experiencein commercial real estate and is a member of the Royal Institute of Chartered Surveyors.Maciej previously worked at CB Richard Ellis for 9 years. He has concluded severalmajor transactions on behalf of clients from banking, consulting, BPO and IT sectors.Axis Real Estate, Renata Osiecka, Managing PartnerPreviously Managing Director for Western Poland at Panattoni Europe. She was responsiblefor development and leasing of projects in Wrocław, Poznań and Błonie totaling of247,000 sqm. Previously for 5 years she was Head of the Industrial Department in ColliersInternational. On the tenant side she was a key account for FIEGE, K&N, on land transactionsParkridge, Panattoni, Unilever.Bank Pekao SA, Marek Koziarek, Managing Director, CREMarek Koziarek has been in banking since 1990. At BISE Bank (1998) and HVB MortgageBank (2002) as Credit Department Deputy Director and Director. Head of USAIDTraining Program on real estate and housing finance for the Association of Polish Banks,in 1999. At Bank BPH SA during 2002-2007, first as Credit Analysis Department Director,then as the Managing Director of the Bank’s Commercial Real Estate Area.Barrington Holdings Poland, Adam Grabski, Managing PartnerAdam Grabski is a Managing Partner & Shareholder in Barrington Holdings Poland,Chartered Quantity Surveyor and a board member of both RICS Poland & RICS Europe.Adam has over 17 years experience in building and property development industry, incl.15 years in Poland, with engagement in pre & post-contract stages of various investmenttypes that are considered some of the key projects in Poland.Berlin – Hannoversche Hypotheken Bank AG (Berlin Hyp), Radosław Popko, Head ofReal Estate Finance PolandBerlinHyp in Poland has a wide overview of real estate projects being developed and planned.Due to our current lending activity Mr Popko can compare projects, assess strengths forthe tenants, confirmed by the achieved rents, vacancy ratios as well investment appetitefrom potential buyers. The bank concentrates on the office and retail sectors.Berlin Group SA, Robert Friedrich, CEORobert Friedrich has a wide experience in Portfolio Management, Property Valuation andProperty Development. He is a Member of the Royal Institute of Chartered Surveyors(MRICS). In Berlin Group Development, Robert Friedrich chairs the board of ManagingPartners. His main responsibilities in the company are business administration, finances, revision/controlling, contracting and construction management.Eurobuild Awards 2010 65

The Ultimate Verdictbnt Neupert Zamorska & Partnerzy, Małgorzata Zamorska, Barrister/Attorney at Law,PartnerMałgorzata Zamorska, attorney-at-law and partner at the international law firm bnt NeupertZamorska & Partnerzy. Areas of expertise: advising both Polish and foreign investorson real estate projects, construction and energy law; working on different constructioninvestment projects, from industrial sites to commercial investments.BRE Bank Hipoteczny, Sven-Torsten Kain, Member of the Management BoardMember of the BRE Bank Hipoteczny Management Board since the beginning ofthe Bank’s existence in 1999. He worked also at RHEINHYP Rheinische HypothekenbankAG in Frankfurt and Banking Division of Bayerishe HypoVereinsbank. Due to hislong experience, practice and know-how, he is a recognized expert in real estate market.Brittain Hadley Real Estate, John Palmer, Director of Real Estate ServicesJohn Palmer is a Board Member of RICS Polska and member of SIOR. He has acted foran extensive network of developers, investors and occupiers in the region. He specializes ininvestment sales, industrial and commercial site acquisitions and disposals, valuations andconsultancy reports. He regularly speaks at Property Conferences and writes in variousjournals.Buro Happold, Ian Booth, Country Manager & PartnerWith over 20 years’ experience Ian is specialises in building services engineering and sustainabledesign. His in-depth knowledge of central Europe comes from working in Polandover the past 12 years and delivering managing major developments in the region. Ian hasexpiernce in all sectors; Industrial, logistics, commercial and retail projects.BZ WBK AIB Towarzystwo Funduszy Inwestycyjnych SA, Łukasz Maciak, Director,Commercial InvestmentŁukasz Maciak is a valuer with substantial commercial real estate investment experience.For the past few years he has focused on property acquisition, lease negotiation and debtraising. He has direct experience with real estate investment funds in Poland. From Feb2008 a Board Member of RICS Poland and awarded by TEGoVA and The Polish Federationof Valuers Association as a Recognised European Valuer (REV).BZ WBK AIB Towarzystwo Funduszy Inwestycyjnych SA, Agnieszka Jachowicz,Property Market Funds Managing DirectorAgnieszka Jachowicz has 17 years of experience in the Polish property market. She hasa certified property valuer license and a real estate agent license. She is also a memberof the Warsaw Association of Real Estate Surveyors, Warsaw Association of Real EstateAgents and RICS. She is currently Property Fund Managing Director at two ARKA BZWBK Property Market Funds.CB Richard Ellis Polska, Magdalena Frątczak, Director Retail DepartmentMagdalena started in the retail market in 1994, when she was involved in the developmentof Silesia City Centre (Katowice), Wola Park (Warszawa). She is currently working onleasing Morski Park Handlowy, Galeria Victoria and Outlet Park Szczecin. Magdalenawas also actively involved in retail consultancy reports for clients such as The Outlet Company,Trigranit, Auchan, PKP and Key Invest.66Eurobuild Awards 2010

CB Richard Ellis Polska, Daniel Bienias, Director - Tenant RepresentationIn his role at CBRE he is focusing on developing the Tenant Representation department,active managing of current clients’ accounts and securing new clients as well. He is alsoresponsible for running negotiations on behalf of the clients. Daniel has over 11 years ofreal estate experience.CB Richard Ellis Polska, Patrick O’Gorman, Director, CEE Capital MarketsPatrick O’Gorman is the Director responsible for investment activity in Poland and CEEfor CB Richard Ellis, and has lead a variety of real estate transactions across the region inall property sectors. He was previously in the CBRE Central London Investment team,prior to which he was responsible for shopping centre management in Northern Ireland.Patrick has a Masters in Real Estate from the University of Reading and is a qualifiedmember of the RICS.Chadbourne & Parke, Mariusz Stawiarczyk, PartnerPartner of Chadbourne & Parke LLP and head of the real estate practice at Chadbourne& Parke’s Warsaw office. He has broad experience in advising on complex real estate andinvestment opportunities, including financing, restructuring and development.Clifford Chance, Daniel Kopania, Partner, Head of Real Estate, Construction andInfrastructure DepartmentDaniel Kopania, partner, legal adviser with more than 15 years of professional experience.Advising on the largest greenfield and brownfield retail, office and warehouse developmentsin Poland. Advises on sales and acquistions of several office and retail developments.Advised on construction of the largest projects in Poland as well as on major developmentsin CEE Region, Moscow and Athens.CMS Cameron McKenna, Tomasz Kurek, Partner, Advocate, Head of the Real Estateand Construction Department in the Warsaw officeTomasz Kurek is an advocate and partner in CMS Cameron McKenna’s Warsaw office,heading the Real Estate and Construction Department. He specialises in civil law, realestate and construction law, as well as commercial and administrative law. He has publishednumerous articles concerning real property law and construction investment law.CMS Cameron McKenna, Wojciech Koczara, Partner and Legal Advisor,Wojciech Koczara is a qualified legal advisor and a partner in the Real Estate & ConstructionDepartment of CMS Cameron McKenna’s Warsaw office. He specialises in propertytrading law. He has advised domestic and international investors in purchase, sales andlease transactions pertaining to commercial properties and in development projects formore than 10 years.CMS Cameron McKenna, Wojciech Szybkowski, Partner, Legal AdvisorWojciech Szybkowski is a qualified legal advisor and a partner in the Real Estate & ConstructionDepartment of CMS Cameron McKenna’s Warsaw office. He specialises in commerciallaw, concentrating on mergers & acquisitions as well as on banking law. He hasgained experience in the real estate sector advising many international investors on propertytransactions in Poland.Eurobuild Awards 2010 67

The Ultimate VerdictCMS Cameron McKenna, Lidia Dziurzyńska-Leipert, Partner, Legal AdvisorLidia Dziurzyńska-Leipert is a qualified legal advisor and a partner in the Real Estate &Construction Department of CMS Cameron McKenna’s Warsaw office, where she alsoheads the German Desk. She focuses on mergers and acquisitions, development projectsand construction disputes. She has extensive experience in project finance and legal assistancefor property investment funds.CMS Cameron McKenna, Dominika Uberman, Partner, Advocate, Head of Banking &International Finance DepartmentDominika Uberman, a highly-valued advocate, is a partner and Head of the Banking &International Finance Department in the Warsaw office of CMS Cameron McKenna. Sheis responsible in particular for project finance issues relating to real estate investments,infrastructure and energy sectors.Colliers International, Ian Elliott, Director of Retail Solutions, WarsawOver the last 20 years Ian Elliott has worked with major property companies, developersand investors in southern Europe (Spain, Portugal and Italy) and in Central and EasternEurope (Poland, Czech Republic, Hungary, Slovakia, Romania and Russia). The five yearsin southern Europe was with Hillier Parker (now CB Richard Ellis) and for 8 years withJones Lang LaSalle in Central and Eastern Europe.Colliers International, John Banka, Partner, Investment ServicesJohn Banka, with 25 years+ experience in property and economic development has workedfor both the private and public sectors in Warsaw (since 1996) Barcelona, New York andChicago. He holds an MBA from the Kellogg School at Northwestern University anda master’s degree in Urban Planning Policy from the University of Illinois-Chicago. Since2004, John has worked on over EUR 500 million worth of property transactions.Colliers International, Tomasz Kasperowicz, PartnerTomasz Kasperowicz has over 10 years of professional experience gained while working forcompanies such as DTZ or Menard Doswell & Co. Over the last decade he was involvedin many key projects for Panattoni, ProLogis, Europolis and many others. He took part inthe most important industrial market transactions of over 1 000,000 sq m in total.Colliers International Poland, Paweł Skałba, PartnerPawel Skalba has been working in the Warsaw office market since 1996. He joined Colliersin 2000 and in 2007 he became the Partner in Colliers. Currently, Paweł is a TenantRepresentation specialist. During past two years Pawel has arranged lease transactions inexcess of 100,000 sqm.CP Roman Fortuna, Roman Fortuna, Board MemberRoman Fortuna has 17 years experience in commercial property sector services in Poland.He started his professional career at Price Waterhouse Real Estate in 1993. In 2004 hefounded CP Roman Fortuna Sp. z o.o. Roman has been extensively engaged on agencyservices regarding warehouse properties on behalf of multinational and Polish firms.68Eurobuild Awards 2010

Cushman & Wakefield, Richard Aboo, Head of Office and Client SolutionsRichard Aboo is Partner and Head of the Office Agency at Cushman & Wakefield Poland.He is also the representative of C&W Global Corporate Services in Poland and headedthe Central European Pharmaceutical Group of the firm.Cushman & Wakefield, Wojciech Pisz, Head of Capital Markets GroupWojciech Pisz joined Cushman & Wakefield in August 2004 and became the Head ofCapital Markets Group in Warsaw in April 2010, responsible for investment sale & acquisitionsin Poland.Cushman & Wakefield, Marek Noetzl, Associate, Senior Negotiator, Retail DepartmentMarek Noetzel is a senior negotiator and an associate in Retail Department of Cushman& Wakefield. In June he obtained the title of Professional Member of RICS (MRICS). Hehas eight-years experience in commercial real estate.Cushman & Wakefield, Ferdinand Hlobil, Partner, Head of the Central and EasternEuropean Industrial TeamFerdinand Hlobil has 15 years experience with Cushman & Wakefield, the whole of thistime spent Central Europe. He is the Head of Central European Industrial Department ofC&W located in Budapest, Prague, Warsaw and is a Partner of the firm. He co-ordinatesthe Central European industrial teams and the cross-border flows of developers, investorsand occupiers.Deutsche Pfandbriefbank AG, Dieter V. Knittel, Director, EuropeDieter Knittel started his career at HVB Group in Munich, working for five years for BankBPH as Head of Credit in Warsaw, Poland. He relocated to Munich in 2002 as Head ofCredit CEE for Deutsche Pfandbriefbank AG (formerly Hypo Real Estate Bank). Hemoved to the business origination side of the bank in 2005 as Director Europe. Dieter iscurrently responsible for business origination in Central Eastern Europe.Doradztwo Inwestycyjne, Barbara Majewska, OwnerAn architect and a valuer, Barbara Majewska has run a property appraisal and consultingoffice for fourteen years. She tutors future professionals at the University of Technology inGdańsk. Regeneration projects interest her particularly due to their aesthetic, functionaland socio-economic aspects. She participated in appraisal of the Young City and Breweryregeneration projects in Gdańsk.DTZ, Erik Drukker, Deputy Managing Director, Head of Office AgencyErik Drukker has worked for DTZ in Poland for 15 years and has a wide range of experiencein the office and warehouse sectors. He has advised and represented many of the largestinternational and Polish landlords and tenants present in Poland.Eurobuild Awards 2010 69

The Ultimate VerdictECE Projektmanagement Polska, Roman Tomala, Head of Local OperationsRoman Tomala has been a member of ECE Projektmanagement Polska team since 2006.In the nineties he worked on projects in Australia and Malaysia. He has previously workedfor architectural practices such as HOK International, Chapman Taylor and BroadwayMalyan, where he worked on several large scale retail projects. He is a member of ICSC,SARP and Silesian Regional Architects Board.ECE Projektmanagement Polska, Rafał Twarowski, Managing DirectorRafał Twarowski has managed the Polish subsidiary of ECE since September 2008. Hiskey priority is the development of new projects: retail and multifunctional centres in largeand medium-size cities. He is also responsible for the company’s operations, its promotionand market positioning. Before joining ECE Rafał Twarowski gained significant managementexperience in the development and construction industry.ECE Projektmanagement Polska, Dr. Knut Volquardsen, Managing DirectorManaging Director at ECE Polska, Warsaw, since 2007. Development Manager & TeamLeader for Germany and Switzerland at ECE Germany, 2000-2007. PhD-Degree (Law)at Innsbruck University, Innsbruck (Austria), 1999-2001. Master of Business Administrationat Bristol Business School, Bristol (England), 1998-1999Echo Investment, Adrian Karczewicz, Business Development DirectorAdrian Karczewicz is responsible for investment dispositions and sourcing finance for EchoInvestment’s projects. Adrian started his career in 1998 as an analyst at Gerald Eve Internationalthen worked at Knight Frank in Warsaw. Prior to joining Echo he was working for GEReal Estate Golub as a director responsible for acquisitions to the GERE portfolio.Echo Investment, Dariusz Anisiewicz, Planning and Administrative ProceedingsSpecialistDariusz Anisiewicz, architect, a graduate of Lodz University of Technology, has worked forEcho Investment since 2006. Dariusz has long-term experience of the investment processin both public administration and the private sector. He is a member of Izba Architektów,the Polish architectural association.Echo Investment, Rafał Mazurczak, Leasing Team DirectorRafał Mazurczak has been Director of the Office Commercialization Department since2007. He is a graduate of Finance and Banking studies from the Cracow University ofEconomics. He completed post-graduate studies in the field of Property Management atthe Warsaw School of Economics and holds a project manager licence issued by the GeorgeWashington University.Eurohypo AG, Markus Leininger, Head of Corporate Banking CEEMarkus Leininger has worked more than a decade in the CEE. He set up EUROHYPO’sCEE network (Poland, Czech/Slovak Republic, Hungary, Romania,Ukraine and Russia)in 1998 and originated more than EUR 8bln in transactions. Among other projects he hasfacilitated financing for the Warsaw Financial Centre, Manufaktura and a portfolio of 28Metro-stores all across Poland.70Eurobuild Awards 2010

Europolis Real Estate Asset Management, Bartłomiej Hofman, Managing DirectorBartłomiej Hofman, MA (MRICS) has been Managing Director of Europolis office inWarsaw since 2005, in charge of a EUR 500 million office and warehouse portfolio. Priorto joining Europolis he worked in the business space advisory team in DTZ and in KnightFrank. He has 11 years of professional experience in commercial real estate.Gazeta Wyborcza, Marek Wielgo, JournalistA journalist connected with ‘Gazeta Wyborcza’ for over 18 years, where he works in theeconomic department and deals with construction and property topics, among other things.He has received the honourable Kazimierz Wielki medal for promoting quality managementin ‘Gazeta’ as well as popularization of good quality models in construction and propertymanagement (2003). In 2001 and 1999 he was nominated for the prestigious journalist’saward of the ‘Press’ magazine in the ‘specialized journalism’ and ‘news’ categories.Ghelamco Poland, Jeroen van der Toolen, Ghelamco Managing Director CEEJeroen van der Toolen joined Ghelamco in 2003 as managing director for Poland. In 2006he was appointed as Managing Director CEE. Earlier he worked for the Unilever Moscowoffice and DTZ. He also did a project for Rabobank in the Ukraine. Jeroen is marriedand has two children. His hobbies are traveling, backpacking, sailing, snowboarding anddiscovering new cuisines.GTC, Mariusz Kozłowski, Member of the Management Board and Investor RelationsManagerMariusz has been with GTC since 2000. Management board member and Investor RelationsManager since 2002. Kozłowski holds a Master of Economics degree from the WarsawSchool of Economics and is a licensed stockbroker. Between 1994 and 1996 he servedas Marketing Director at DML brokerage, and from 1997 to 1999 he was Head of EquitySales at ABN AMRO Securities S.A. in Warsaw.Hadart (water and landscape architecture contractor), Magdalena Hadała, CEOMagdalena Hadała is the CEO of Hadart Ltd. which carries out water and landscapearchitecture and implements the elements of sustainable architecture such as green wallsor green roofs (both internal and external). Magdalena Hadała is the founding member of‘Green Roofs Association, member of the board of ELCA and former member of the boardof SAK. She has organised a series of conferences.Heitman, Otis L. Spencer, Managing DirectorOtis Spencer is MD Portfolio Management for Heitman’s European Private Equity group,as well as Portfolio Manager for Heitman European Property Partners IV (HEPP IV),the firm’s fourth in a series of European value-added real estate funds. Prior to joining Heitman,he worked for ABP Investments in Holland as a Senior Portfolio Manager. Previousto ABP, Mr. Spencer was the Managing Director of Five Mounts Properties Europe, a realestate private equity firm targeting opportunistic returns and worked for ING Real EstateAsset Management in Holland and The RREEF Funds in the United States.Eurobuild Awards 2010 71

The Ultimate VerdictHines Polska, Mieczysław Godzisz, Managing DirectorMieczysław Godzisz joined Hines in 1997 and since then has worked to effectively positionHines in Poland’s real estate market. He co-managed the Metropolitan office projectand has been instrumental in securing several new residential and office projects in Warsaw,Gdansk and Łodz for Hines-managed funds. Since joining Hines in 1997, he has builta team of nearly 30 people in Warsaw, Gdansk, Łodz.Hogan Lovells, Jolanta Nowakowska-Zimoch, Head of Real Estate DepartmentAdvocate Jolanta Nowakowska-Zimoch works for Polish and international firms investingin real estate in Poland. She advises on all aspects of property transactions, including acquisitions,long-term lease agreements, construction or development contracts, and projectfinance. She leads arbitration proceedings. In Polish and international rankings she is listedas one of the best experts in Poland.Integrated Finance Group, George Mula, Principal & ChairmanOver 20 years experience investing in Poland. Came as a member of a British Governmentmission. Initially involved in several privatisations. Next a partner at Jones Lang Financefor CEE. 12 years ago formed IFG, Polish Country partner of Europa Capital. By end of2010 will have invested in projects to the value of over Eur 400 million in Poland.Jones Lang LaSalle, Tomasz Olszewski, Head of Industrial Department CEETomasz Olszewski has been in industrial Real Estate for over sixteen years. At JLL he isa National Director, responsible for CEE, specializing in tenant representation. He hasadvised companies such as: Antalis (52,000 m 2 ), H&M (few transactions totalling over85,000 m 2 ), Procter & Gamble (few transactions totalling over 60,000 m 2 ), FM Logistic(32,000 m 2 ), Orsay (25, 000 m 2 ), ACP Pharma (13,000 m 2 ) and others.Jones Lang LaSalle, Tomasz Trzosło, Regional Director CEETomasz Trzoslo is Regional Director in JLL and heads a team of 18 people providing capitalmarkets advice to real estate clients in the CEE. Tomasz has a substantial track recordin real estate sales and acquisitions and corporate finance matters, completing a number ofinvestment sales, acquisitions, debt financing and structured equity mandates.Keen Property Partners, Richard Keen, Managing DirectorRichard Keen, Keen Property Partners’ Managing Director, has more than 20 years ofexperience in the real estate business. Before he established KPP in 2004, Richard wasinvolved in residential development in the UK for over 15 years. In November 2008 heestablished Keen Property Partners Retail in order to focus on the acquisition and developmentof regional and local retail centres.King Sturge, Tatiana Spencer, Director, Retail AgencyTatiana Spencer, Director of Retail Agency, has been with King Sturge for 3 years. Tatianapreviously worked for Jones Lang LaSalle as a National Director and Head of the Retaildepartment, where she was employed since 1998. She has over 13 years real estate experienceand has advised many well known companies such as Globe Trade Centre, IKEA,Neinver, King Cross, Carrefour, Helical, Echo Investment and many more.72Eurobuild Awards 2010

King Sturge, Marek Kiwak, Head of Industrial AgencyMarek previously worked for CBRE as a Senior Property Negotiator in Industrial andLogistics specializing in leasing and marketing strategies, site acquisitions, disposals andconsultancy work for industrial and logistics clients. He previously worked for JLL andEmmerson, where he was responsible for project managing, site selection, real estate marketresearch and state grants consultancy.King Sturge, Tomasz Buras, Director and Head of Office AgencyTomasz is in charge of the Office Agency team at King Sturge in Poland, responsible forboth occupier and landlord services. He oversees the leasing of office projects in Warsaw,Łódź, Katowice, Kraków, Poznań and TriCity with a total rentable space of over300,000 sqm, as well as advising corporate occupiers in terms of their real estate strategy.Knight Frank, Dorota Latkowska, Partner, Head of Capital MarketsDorota has over 15 years of wide ranging property experience, Partner of Knight Frank,Polish licensed valuer, member of RICS, heads the Capital Markets team, participates inregular meetings in Poland and abroad with existing and potential investors, sale and disposalof products, raising debt and equity for selected Funds of a value exceeding 2 bln EUR.Knight Frank, Joseph Borowski, Managing PartnerJoseph has been active on the Polish commercial property market for some 20 years. Hisexperience includes development finance raising, leasing and investment sales in the officesector throughout Poland’s major cities. He has also advised some of Poland’s largest bankson corporate portfolio restructuring.Knight Frank, Monika Dębska-Pastakia, Partner and Chairman of the BoardMonika Dębska, a Partner and Chairman of the Board of Knight Frank Sp. z o.o., a UKchartered surveyor (MRICS), a UK chartered town planner (MRTPI), Polish licensedvaluer and a licensed broker. She has 24-years of experience in property and asset management,property valuation in Poland and other CEE countries, as well as financial andinvestment consultancy.Linklaters C. Wiśniewski i Wspólnicy, Artur Kulawski, Partner, Head of Real Estate PracticeArtur Kulawski is a partner and head of Linklaters Warsaw real estate team. He has extensiveexperience in legal advisory on cross-border and domestic real estate transactions.He regularly represents investors, developers, financiers and asset managers on land acquisitions,retail, office and residential development projects, infrastructure projects andtransaction financing.Master Management, Paul Kusmierz, Managing DirectorPaul Kusmierz has been active on the Polish real estate markets since 1996. Working forEuropa Capital he managed one of the largest deals of 2007 (acquiring 14 properties andselling them to Balmain Asset Management). In 2006, he set up Master Management,which currently manages over 120,000 m2 of leasable area in 12 cities in Poland. The company’sflagship project is Galeria Niwa (Oświęcim).Eurobuild Awards 2010 73

The Ultimate VerdictMatexi Polska, Mirosław Bednarek, Country ManagerMirosław Bednarek is Country Manager of Matexi Polska branch office, one of the biggestBelgian residential developers. For the last 6 year he has been working for ING Real EstateDevelopment, where he was responsible for projects like Zlote Tarasy, first as FinanceDirector, and since 2008 as Country Manager. His career started in FM Logistic, wherehe was Finance Director.Mayland Real Estate, Yann Guen, Vice-President & Member of the BoardYann Guen has 20 years experience in international real estate and retail companies. Hehas been Poland since 1999, in the field of the hypermarket development with Geant Polskaand King Cross. In 2006 he became Vice-President of Mayland Real Estate. In 2009Yann Guen participated in the sale of assets in the largest transaction in retail real estatein Poland since 2007.MGPA, Karol Bartos, Vice President - Asset and Development ManagementBased in MGPA’s Warsaw office, Mr. Karol Bartos is a Vice President - Asset and DevelopmentManagement. In this role he manages the Polish portfolio of assets includingRondo 1, Karolinka and Pogoria shopping centres. Mr. Bartos has over 7 years experiencein real estate market. Prior to MGPA he worked for Heitman where he was responsible fora portfolio of assets across five CEE countries.Narodowy Bank Polski, Hanna Augustyniak, Economic Expert1987 Master degree in economics (WSE), social-economic division; 1986-94 work forScience Institute in Warsaw; Since 1994 work for National Bank of Poland as economicexpert; consecutive areas of interest: state budget, European Union, currently housing inPoland and its influence on monetary policy.Orco Property Group, Alicja Kościesza, Sales & Marketing Director for PolandAlicja Kościesza has over 10 years of experience in the real estate sector. She worked forProkom Investments, INVI Investment Environments and ORCO for the last 5 years alwaysfocused primarily on the residential market.Panattoni Europe, Robert Dobrzycki, Managing Partner for Central EuropeRobert Dobrzycki started his career at Panattoni in July 2005, as managing director ofthe Polish division of the company. A year later he attained his current position of RegionalPartner for Central & Eastern Europe. He gained his experience in the logisticssector for 6 years at Menard Doswell & Company, where he worked as general managerfrom January 2003 until July 2005.PKO BP SA, Tadeusz Swat, Director Residential Market DepartmentTadeusz Swat, a graduate of the Faculty of Production Economics at Warsaw School ofEconomics (former Central School of Planning and Statistics in Warsaw). For severalyears he was the vice-chairman for investment in one of the largest housing associations inPoland - SM Ursynów. Since 1993 he has been employed at PKO BP SA as deputy andthen director of the department of housing loans. He has combined his entire professionallife with the construction and housing finance market.74Eurobuild Awards 2010

PointPark Properties. Craig Maguire, Managing DirectorCraig Maguire, 38, is a qualified Charted Surveyor, graduating in Land Economics fromthe University of Paisley in Scotland. Craig joined DTZ in Glasgow in 1996 and cameto Poland in 2001 to head up that department and grow it to a leading position acrossthe region dealing in many transactions. Craig joined P3 in 1997 as MD and has acquiredand developed projects that will total 500k of space.Polish Green Building Council, Agnes Vorbrodt-Schurma. Founder, CEO and Vice PresidentAgnes Vorbrodt-Schurma, MArch, MBA, ALM in EM, LEED AP, LEED AP BD+C,NCARB, AIA. Mrs. Vorbrodt-Schurma is a Principal of VvS Architects & Consultants,an international practice specializing in sustainable and zero energy architecture, greeninterior design as well as sustainability and LEED consulting. She is the Founder, CEOand Vice president of the Polish Green Building Council (PLGBC).Polonia Property Funds, Mirosław Januszko, Vice PresidentChief Investment Officer, Member of the Board, In charge of investment departmentBZ WBK AIB Asset Management (Poznan) since 2001. Member of Supervisory Board.BZ WBK AIB Specialised Property Fund (Arka)-Member of Advisory/Investment Committee.1998-2001 Pioneer Real Estate Advisors, Pioneer Polish Real Estate Fund (Warsaw),Investment Manager.ProLogis, Bartosz Mierzwiak, Vice President & Market Officer ProLogis PolandSince October Bartosz has headed the leasing team in Poland. He has over eight years ofexperience in office leasing working for Jones Lang LaSalle, advising both tenants andbuilding owners. He has also worked with developers in the commercialization of officedevelopments, beginning with land purchase to the development of marketing strategy allthe way to the leasing stage.ProLogis, Ben Bannatyne, Managing Director Central & Eastern EuropeBen has been responsible for ProLogis in CEE since November 2008. He joined ProLogisfrom Jones Lang LaSalle where he was the Managing Director for Central Europe,responsible for Poland, Hungary, Romania and the Czech Republic. Bannatyne has morethan 18 years of experience in the real estate industry, of which 11 years have been spent inCentral Europe with JLL. He is a UK-trained chartered surveyor.ProLogis, Peter Whisker-Węgorzewski, First Vice President & Finance Director CEEPeter is responsible for the overall financial management of ProLogis’ business in CEE, overseeingfinance teams in each of the region’s major markets. He has 20 years of executive experiencein blue-chip companies. He has played a major role in restructuring, turnaround andIPO’s for a number of businesses. He is a Fellow of the Chartered Institute of ManagementAccountants.ProLogis, Roman Skowroński, Vice President & Head of Property Management CEERoman is responsible for the property management of ProLogis in the CEE region.He has 11 years of property management experience. He has held positions such as Development,Operations and Portfolio Director of CEFIC-Simon Ivanhoe. He most recentlyworked for Jones Lang LaSalle leading their property management department acrossthe CEE region.Eurobuild Awards 2010 75

The Ultimate VerdictProLogis, Anna Jönsson, Vice President Legal Counsel Central & Eastern EuropeAnna Jönsson is responsible for legal representation of ProLogis operations in Poland,the Czech Republic and Slovakia. She specializes mainly in civil law and deals with trial-relatedissues in civil and administrative law. She is a graduate of the Faculty of Lawat the University of Warsaw and completed legal adviser apprenticeship in the DistrictChamber of Legal Advisers in Warsaw. She started her career in 1998 in Skanska Poland.ProLogis, Christian Nickels-Teske, Head of Treasury Europe and Debt Capital MarketsChristian is responsible for the negotiation and structuring of secured and unsecuredfinancings for ProLogis and its joint venture partnerships in Europe. He is actively involvedin arranging public debt capital market offerings and executing derivative hedginginstruments. He has extensive experience in development and mezzanine financing, singlecountry portfolio and cross-border facility structuring.PwC, Grażyna Wiejak-Roy, ManagerGrazyna Wiejak-Roy, MRICS, MA, MSc – Manager in the Real Estate Team, PwC, RICSBoard Member in Poland. Over 10 years of RE consulting experience gained in Poland, CEEand the UK covers all types of commercial, residential, pubic sector RE as well as RE holdingcompanies with focus on corporate occupier services, transaction support and valuation.PwC, Brian O’Brien, PartnerAs a Real Estate Partner at PwC in Poland and having worked on more than 350 realestate transactions with a total deal size in excess of Euro 3.0 billion, Brian has supportedclients with a variety of assignments ranging from due diligence, valuation, lead advisory,strategy consulting and forensic investigations across all asset classes.PwC, Adam Żołnowski, DirectorAdam Żołnowski is a Director in PricewaterhouseCoopers and has over 10 years experienceof working in international environment including public and private sectors. Adamis an expert in inward investment area. Prior to joining PwC he has been the CEO andDirector of the Research Department of PAIIIZ, General Director of the Competitionand Consumer Protection.REAS Residential Advisors, Kazimierz Kirejczyk, PresidentKazimierz Kirejczyk is the Co-founder and President of REAS. He played an active rolein supporting the birth and growth of the private residential development sector workingfrom 1991 to 1997 in the Housing Finance Project Office created by The World bank andthe Government of Poland, where he directed a team of consultants working with developerson preparation of housing projects.Rolfe Judd, Michał Sęczkowski, AssociateMichal studied Architecture and Urban Planning at the Lodz University, qualifying in1998 (Diploma of the Year). Member of the Polish Chamber of Architects. Prior to joiningRolfe Judd in 2005 as a Project Architect he gained experience with commercial mixed-usedevelopments and residential schemes delivering concepts through to completion acrossPoland. He became Rolfe Judd Associate in 2007.76Eurobuild Awards 2010

RS Architektura Kajobrazu/Pleneria, Dorota Rudawa, RSAK owner /Pleneria partner ofdesign departmentDorota Rudawa, owner, principal landscape architect and partner in design departmentat Pleneria. Over fifteen years of as a landscape architect on polish market and abroad.Member of SARP and Society of Landscape Architecture SAK. Masters of Landscape Architectureat Warsaw Agricultural University and post-graduate Diploma in Urban Studiesat Warsaw Technical University. She also studied at University of Cheltenham and atWageningen University.Rzeczpospolita, Grażyna Błaszczak, JournalistGrażyna Błaszczak has been a journalist of Rzeczpospolita for 10 years, specializes in construction,residential and commercial property topics. The editor responsible for the realestate supplement and green real estate pages. Earlier, a journalist of Życie Warszawy andExpress Wieczorny, the author of the first supplements on real estate investment in Warsawdailies such as Warszawskie tempo.Salans, Paweł Dębowski, Partner & Head of CEE Real EstateHead of Central Europe within the Global Real Estate Group at Salans. Specialises in realestate finance and investment issues; advises developers, investors, lenders, constructioncompanies and occupiers in development investments. Was involved in structuring earlyreal estate investments in Poland. Is one of the most widely respected specialists in Polandand Central and Eastern Europe.Salans, Piotr Szafarz, Partner, Head of Real Estate, PolandPartner, Head of real estate team in Salans Warsaw. Specialises in development work andall aspects of shopping centre related issues. Has been involved in institutional acquisitions,including the second biggest transaction in the CEE region. Is on the board of the PolishCouncil of Shopping Centres. Rated no. 1 by ‘Chambers Europe’ which considers him‘a top-notch commercial lawyer’.Segro, Magdalena Szulc, Business Unit Director Central EuropeMagdalena Szulc is Business Unit Director for Central Europe, responsible for SEGRO’soperations and activities in Poland, Czech Republic and Hungary.Skanska Property Poland, Nicklas Lindberg, Managing DirectorNicklas Lindberg, the Managing Director of Skanska Property Poland since April 2007,is responsible for the strategy, operations and development of current and future commercialprojects of Skanska, a world leader in international project development and construction.His experience includes representing the investor in numerous transactions.Strabag, Hubert Steinwender, Project DirectorAustrian 48 years old, with Strabag for 28 years, worked in several countries (Austria, Iraq,Germany, Poland, Switzerland, Russia) as project manager and area manager in residential,offices, hotels, industrial buildings.Eurobuild Awards 2010 77

The Ultimate VerdictTorus, Iwona Stemska, Real Estate DirectorIwona Stemska has over 13 years of real estate experience. In 2005 she joined Torus(Gdańsk) where she heads the Real Estate Department. She is responsible for the commercializationof buildings, negotiating lease terms and the content of the lease contracts.Since May 2010 she holds Certified Commercial Investment Member (CCIM) license.TPA Horwath, Katarzyna Klimkiewicz, PartnerKatarzyna is a licensed tax advisor who specializes in advising on transactions (mergers &acquisitions). She is responsible for advisory services for the real estate industry, retail andtransport & logistics. She has wide experience in proceedings before tax authorities andadministrative courts.TUP SA, Joanna Wis-Bielewicz, Project DirectorPhD student at Polish Academy of Science, for many years associated with NongovernmentalOrganizations – WWF, Right To Play international humanitarian organization,where she was involved in the area of sustainable development. Since 2005 has worked asCommunication Director for TUP SA and in 2010 took also position of Project Directorof Eko-miasteczko Siewierz.Union Investment Real Estate GmbH, Henrike Waldburg, Head of Acquisitions & SalesDepartment Shopping CentersHenrike Waldburg is head of acquisitions and sales of Union Investment Real Estate GmbH,Department of Shopping Centers since 2006. Prior to joining Union Investment RealEstate GmbH she was at Ernst & Young / Arthur Andersen. She studied architecture andholds a master in real estate economics from the European Business School in Oestrich-Winkel, Germany.Von der Heyden Group, Sven von der Heyden, ChairmanSven von der Heyden has undertaken some of the most challenging real estate developmentprojects in Poland. Since 1989 VDHG has completed an investment program in real estatevalued at well over 275 mln EUR including numerous landmark buildings and groundbreakingtransactions in the office and hotel sector in Warsaw, Poznań and other cities.vsf-creative, Paul Ayre, DirectorPaul Ayre is an architect with 14 years of experience in project delivery in Poland. A UKregisteredarchitect, Paul established the Warsaw office of a large UK practice in 2001,which he grew to a thriving business unit of over 40 people. In early 2010, Paul establishedvsf creative, to provide design services in the field of retail and mixed use design.WAMM Consulting, Włodzimierz Moczydłowski, Managing DirectorOwner of WAMM Consulting, former Managing Director of Akron Management PLhaving under asset management Warsaw Trade Tower, Europlex, Crown Point, CrownTower etc. He worked also for IKEA Polska starting with development of its first fullsize furniture store in Poland. Later he worked for TK Development contributing to e.g.Reduta Shopping Center in Warsaw. He is a Member of RICS and gained MBA.78Eurobuild Awards 2010

Westdeutsche ImmobilienBank AG,Maciej Tuszyński, Executive Director,PolandSince January 2007 Maciej has beenresponsible for the WestdeutscheImmobilienBank Representative Officein Warsaw. Westdeutsche ImmobilienBankAG is one of the leading real estate financers inGermany providing an individualized and innovativerange of products and services to its customersactive all around the World. Between 2003 and2007 he was Director of Commercial RE FinanceDepartment at Bank BPH.Eurobuild Awards 2010 79

The Ultimate VerdictBest Office in Polandas chosen by tenantsTop-rated projectsThese 10 projects came top in a survey carried out by Millward Brown of tenants in 50 offices in Poland(in alphabetical order). The Top 3 are shown underneath:DeveloperOwnerAltus, Katowice Mostostal Zabrze RelizAndersia Tower, Poznan VDH Group DEKA ImmobilienCentrum Chorzowska, KatowiceCentrum Banku Śląskiego Centrum Banku ŚląskiegoEmpark Taurus, Warsaw GTC Heitman Property Partners IIIFocus Filtrowa, Warsaw Mostostal Export Aberdeen InvestmentsGrunwaldzki Center, Wrocław Skanska Property Poland RREEFŁużycka Office Park A & B, Gdynia Allcon InvestmentAllcon InvestmentRondo 1, Warsaw Hochtief Development MGPASaski Crescent, Warsaw AIG Lincoln Europolis/AXAWarsaw Financial Center GREP CAIMMO & TMW Prop. Fund1 st 2 nd 3 rdGrunwaldzki Center Andersia Tower Warsaw FinancialCenter80Eurobuild Awards 2010

Best Shopping Centre in Polandas chosen by tenantsTop-rated projectsThese 10 projects came top in a survey carried out by Millward Brown of tenants in 30 shopping centresin Poland (in alphabetical order). The Top 3 are shown underneath:DeveloperOwnerArkadia, Warsaw CEFIC Unibail-RodamcoCH Pogoria, Dąbrowa Górnicza Mayland MGPAGaleria Bałtycka, Gdańsk ECE Projektmanagement ECE ProjektmanagementGaleria Dominikanska, Wrocław ECE Projektmanagement ECE ProjektmanagementGaleria Krakowska, Krakow ECE Projektmanagement ECE ProjektmanagementGaleria Łódzka, Łódż ECE Projektmanagement ECE ProjektmanagementPromenada, Warsaw ECC E.B.D.Silesia City Centre, Katowice TriGranit Immofinanz GroupStary Browar Poznań Stary Browar FortisWola Park, Warsaw CERPF PBW Real Estate Fund1 st 2 nd 3 rdWola Park Galeria Krakowska CH PogoriaEurobuild Awards 2010 81

The Ultimate VerdictBest Warehouse in Polandas chosen by tenantsTop-rated projectsThese 7 projects came top in a survey carried out by Millward Brown of tenants in 20 warehouses inPoland (in alphabetical order). The Top 3 are shown underneath:DeveloperOwnerManhattan Bus. & Dist. Center Liebrecht & Wood AICEE IIOżarów Business Center TKG Poland Orco Endurance FundMLP Tychy MLP MLPPanattoni Park Mysłowice Panattoni Europe Panattoni EuropeProLogis Park Chorzów I ProLogis ProLogisProLogis Park Wrocław III ProLogis ProLogisTulipan Park Poznań SEGRO SEGRO1 st 2 nd 3 rdPanattoni Park MLP Tychy Ożarów BusinessMysłowiceCenter82Eurobuild Awards 2010

Focus on your goals.We do the rest.Strategic tax consultingFinancial auditBusiness consultingCorporate FinanceAccounting outsourcingHR consulting and recruitmentEuropean consultingBusiness consulting for hoteland tourism industryProperty managementwww.tpa-horwath.plAustria | Bulgaria | Croatia | Czech Republic | Hungary | Poland | Romania | Slovakia | SloveniaEurobuild Awards 2010 83

The Ultimate VerdictBest Office in Polandas chosen by market professionalsJuryAareal Bank AGArch MagicAxis Real EstateBank Pekao SABarrington Holdings PolandBerlin HypBRE BankCB Richard Ellis PolskaClifford ChanceCMS Cameron McKennaColliers InternationalCushman & WakefieldDeutsche Pfandbriefbank AGDTZEurohypo AGHeitmanHogan LovellsIntegrated Finance GroupJones Lang LaSalleKeen Property Partners RetailKing SturgeKnight FrankLinklatersMaster ManagementMatexi PolskaMGPAPolonia Property FundsProLogisPwCRolfe JuddSalansStrabagTorusTPA HorwathWAMM ConsultingWestImmoHubert Mańturzyk, Senior ManagerPaweł Graliński, PresidentRenata Osiecka, Managing PartnerMarek Koziarek, Managing Director, CREAdam Grabski, Managing PartnerRadosław Popko, Head of Real Estate Finance PolandSven-Torsten Kain, Member of the Management BoardDaniel Bienias, Director - Tenant RepresentationDaniel Kopania, Partner, Head of Real Estate, Construction andInfrastructure DepartmentLidia Dziurzyńska-Leipert, Partner, Legal AdvisorPaweł Skałba, PartnerRichard Aboo, Head of Office and Client SolutionsDieter V Knittel, Director, EuropeErik Drukker, Deputy Managing Director, Head of Office AgencyMarkus Leininger, Head of Corporate Banking Central andEastern EuropeOtis L. Spencer, Managing DirectorJolanta Nowakowska-Zimoch, Head of Real Estate DepartmentGeorge Mula, Principal & ChairmanTomasz Trzosło, Regional Director CEERichard Keen, Managing DirectorTomasz Buras, Director and Head of Office AgencyJoseph Borowski, Managing PartnerArtur Kulawski, Partner, Head of Real Estate PracticePaul Kusmierz, Managing DirectorMirosław Bednarek, Country ManagerKarol Bartos, Vice President, Asset and DevelopmentManagementMirosław Januszko, Vice PresidentBartosz Mierzwiak, Vice President & Market Officer ProLogisPolandBrian O’Brien, PartnerMichał Sęczkowski, AssociatePaweł Dębowski, Partner & Head of CEE Real EstateHubert Steinwender, Project DirectorIwona Stemka, Real Estate DirectorKatarzyna Klimkiewicz, PartnerWłodzimierz Moczydłowski, Managing DirectorMaciej Tuszyński, Executive Director, Poland84Eurobuild Awards 2010

Top-rated projectsFrom the Top 10 offices chosen by tenants, jury members voted for their Top 3.DeveloperOwnerAltus, Katowice Mostostal Zabrze RelizAndersia Tower, Poznan VDH Group DEKA ImmobilienEmpark Taurus, Warsaw GTC Heitman Property Partners IIIFocus Filtrowa, Warsaw Mostostal Export Aberdeen InvestmentsGrunwaldzki Center, Wrocław Skanska Property Poland RREEFCentrum Chorzowska, KatowiceCentrum Banku Śląskiego Centrum Banku ŚląskiegoŁużycka Office Park A & B, Gdynia Allcon InvestmentAllcon InvestmentRondo 1, Warsaw Hochtief Development MGPASaski Crescent, Warsaw AIG Lincoln Europolis/AXAWarsaw Financial Center GREP CAIMMO & TMW Prop. Fund1 st 2 nd 3 rdRondo 1 Warsaw Financial Center Grunwaldzki CenterEurobuild Awards 2010 85

The Ultimate VerdictBest Shopping Centre in Polandas chosen by market professionalsSponsorJuryAareal Bank AGMichał Sternicki, General Manager PolandArch MagicPaweł Graliński, PresidentBank Pekao SAMarek Koziarek, Managing Director, CREBarrington Holdings Poland Adam Grabski, Managing PartnerBerlin HypRadosław Popko, Head of Real Estate Finance PolandBerlin Group SARobert Friedrich, CEObnt Neupert Zamorska & Partnerzy Małgorzata Zamorska, Barrister/Attorney at Law, PartnerBRE Bank HipotecznySven-Torsten Kain, Member of the Management BoardBuro HappoldIan Booth, Country Manager & PartnerBZ WBK AIBAgnieszka Jachowicz, Property Market Funds Managing DirectorCB Richard Ellis Polska Magdalena Frątczak, Director Retail DepartmentChadbourne & ParkeMariusz Stawiarczyk, PartnerClifford ChanceDaniel Kopania, Partner, Head of Real Estate, Construction andInfrastructure DepartmentCMS Cameron McKenna Wojciech Szybkowski, Partner, Legal AdvisorColliers InternationalIan Elliott, Director of Retail Solutions, WarsawCushman & WakefieldMarek Noetzl, Associate, Senior Negotiator, Retail DepartmentDeutsche Pfandbriefbank AG Dieter V. Knittel, Director, EuropeEurohypo AGMarkus Leininger, Head of Corporate Banking CEEHeitmanOtis L. Spencer, Managing DirectorHogan LovellsJolanta Nowakowska-Zimoch, Head of Real Estate DepartmentIntegrated Finance Group George Mula, Principal & ChairmanKeen Property Partners Retail Richard Keen, Managing DirectorKing SturgeTatiana Spencer, Director, Retail AgencyKnight FrankMonika Dębska-Pastakia, Partner and Chairman of the BoardLinklatersArtur Kulawski, Partner, Head of Real Estate PracticeMaster ManagementPaul Kusmierz, Managing DirectorMatexi PolskaMirosław Bednarek, Country ManagerMGPAKarol Bartos, Vice President, Asset & Development ManagementPolonia Property Funds Mirosław Januszko, Vice PresidentPwCBrian O’Brien, PartnerSalansPiotr Szafarz, Partner, Head of Real Estate, WarsawTPA HorwathKatarzyna Klimkiewicz, PartnerUnion Investment RE GmbH Henrike Waldburg, Head of Acquisitions & Sales DepartmentShopping CentersWAMM ConsultingWłodzimierz Moczydłowski, Managing DirectorWestImmoMaciej Tuszyński, Executive Director, Poland86Eurobuild Awards 2010

Top-rated projectsFrom the Top 10 shopping centres chosen by tenants, jury members voted for their Top 3.DeveloperOwnerArkadia, Warsaw CEFIC Unibail-RodamcoCH Pogoria, Dąbrowa Górnicza Mayland MGPAGaleria Bałtycka, Gdańsk ECE Projektmanagement ECE ProjektmanagementGaleria Dominikanska, Wrocław ECE Projektmanagement ECE ProjektmanagementGaleria Krakowska, Krakow ECE Projektmanagement ECE ProjektmanagementGaleria Łódzka, Łódż ECE Projektmanagement ECE ProjektmanagementPromenada, Warsaw ECC E.B.D.Silesia City Centre, Katowice TriGranit Immofinanz GroupStary Browar, Poznań Stary Browar FortisWola Park, Warsaw CERPF PBW Real Estate Fund1 st 2 nd 3 rdArkadia Stary Browar Silesia City CentreEurobuild Awards 2010 87

The Ultimate VerdictBest Warehouse in Polandas chosen by market professionalsJuryAxis Real EstateBerlin Group SABrittain Hadley Real EstateBuro HappoldClifford ChanceCMS Cameron McKennaColliers InternationalCP Roman FortunaCushman & WakefieldDeutsche Pfandbriefbank AGDTZHogan LovellsIntegrated Finance GroupJones Lang LaSalleKing SturgeLinklatersPolonia Property FundsTPA HorwathUnion Investment RE GmbHRenata Osiecka, Managing PartnerRobert Friedrich, CEOJohn Palmer, Director of Real Estate ServicesIan Booth, Country Manager & PartnerDaniel Kopania, Partner, Head of Real Estate, Construction andInfrastructure DepartmentWojciech Koczara, Partner, Legal AdvisorTomasz Kasperowicz, PartnerRoman Fortuna, Board MemberFerdinand Hlobil, Partner, Head of the Central and EasternEuropean Industrial TeamDieter V. Knittel, Director, EuropeErik Drukker, Deputy Managing Director, Head of Office AgencyJolanta Nowakowska-Zimoch, Head of Real Estate DepartmentGeorge Mula, Principal & ChairmanTomasz Olszewski, Head of Industrial Department CEEMarek Kiwak, Head of Industrial AgencyArtur Kulawski, Partner, Head of Real Estate PracticeMirosław Januszko, Vice PresidentKatarzyna Klimkiewicz, PartnerHenrike Waldburg, Head of Acquisitions & Sales DepartmentShopping CentersTop-rated projectsFrom the Top 7 warehouses chosen by tenants, jury members voted for their Top 3.DeveloperOwnerManhattan Bus. & Dist. Center Liebrecht & Wood AICEE IIOżarów Business Center TKG Poland Orco Endurance FundMLP Tychy MLP MLPPanattoni Park Mysłowice Panattoni Europe Panattoni EuropeProLogis Park Chorzów I ProLogis ProLogis88Eurobuild Awards 2010

ProLogis Park Wrocław III ProLogis ProLogisTulipan Park Poznań SEGRO SEGRO1 st 2 nd 3 rdPanattoni Park Mysłowice ProLogis Park ProLogis ParkWrocław IIIChorzów IThe EurobuildAwards GalaWednesday 8 th December 2010Eurobuild Awards 2010 89

The Ultimate VerdictOffice Developer of the DecadeJuryAareal Bank AGAPA WojciechowskiArch MagicAxis Real EstateBank Pekao SABarrington Holdings PolandBerlin HypBerlin GroupBRE BankBuro HappoldBZ WBK AIBCB Richard Ellis PolskaClifford ChanceColliers InternationalCushman & WakefieldDeutsche PfandbriefbankDTZEurohypo AGEuropolisHeitmanHogan LovellsIntegrated Finance GroupKeen Property Partners RetailKing SturgeKnight FrankLinklatersMaster ManagementMatexi PolskaMGPAPolonia Property FundsProLogisPwCRolfe JuddSalansStrabagTorusTPA HorwathWAMM ConsultingWestImmoHubert Mańturzyk, Senior ManagerSzymon Wojciechowski, PartnerPaweł Graliński, PresidentRenata Osiecka, Managing PartnerMarek Koziarek, Managing Director, CREAdam Grabski, Managing PartnerRadosław Popko, Head of Real Estate Finance PolandRobert Friedrich, CEOSven-Torsten Kain, Member of the Management BoardIan Booth, Country Manager & PartnerAgnieszka Jachowicz, Property Market Funds Managing DirectorDaniel Bienias, Director - Tenant RepresentationDaniel Kopania, Partner, Head of RE, Construction andInfrastructure DepartmentPaweł Skałba, PartnerRichard Aboo, Head of Office and Client SolutionsDieter V Knittel, Director, EuropeErik Drukker, Deputy Managing Director, Head of Office AgencyMarkus Leininger, Head of Corporate Banking CEEBartłomiej Hofman, Managing DirectorOtis L. Spencer, Managing DirectorJolanta Nowakowska-Zimoch, Head of Real Estate DepartmentGeorge Mula, Principal & ChairmanRichard Keen, Managing DirectorTomasz Buras, Director and Head of Office AgencyJoseph Borowski, Managing PartnerArtur Kulawski, Partner, Head of Real Estate PracticePaul Kusmierz, Managing DirectorMirosław Bednarek, Country ManagerKarol Bartos, Vice President - Asset and DevelopmentManagementMirosław Januszko, Vice PresidentBartosz Mierzwiak, Vice President & Market Officer ProLogisPolandBrian O’Brien, PartnerMichał Sęczkowski, AssociatePaweł Dębowski, Partner & Head of CEE Real EstateHubert Steinwender, Project DirectorIwona Stemka, Real Estate DirectorKatarzyna Klimkiewicz, PartnerWłodzimierz Moczydłowski, Managing DirectorMaciej Tuszyński, Executive Director, Poland90Eurobuild Awards 2010

Nominated projects + winnerAIG/Lincoln PolskaAIG/Lincoln Polska has actively operated in the real estate market since 1997. The company has realized15 commercial and residential projects which are distinguished by their high quality of design andconstruction works and prestigious locations. The most recent AIG/Lincoln office project is GrzybowskaPark, a class-A building located in Warsaw’s central business district. The company has also built theAIG Amplico Life headquarters, Saski Point, Saski Crescent and Riverside Park. All these projects aredistinguished by their high quality of construction works, functional floor plates and prestigious locationin the Warsaw city center. Tenants in these properties include reputable companies from the financialsector (EQT, Abbris, Accreo Taxand, BZ WBK, Nykredit, Polbank), the real estate i (EC Harris, JonesLang LaSalle, Arup) and other industries (Bakalland, Sushi Bonsai restaurant, Michel’s Brasserie restaurant,Tchibo).Key offices developed: Saski Crescent 2001, Riverside Park 2005, Grzybowska Park 2008Avestus Real EstateAvestus Real Estate is a leading real estate advisor, developer and investor in Poland and Central andEastern Europe. The company has been active in Poland since 1990 and has developed several prestigiousoffice buildings, shopping centre as well as residential projects such as Warsaw Corporate Centre,Warsaw Financial Centre, International Business Centre, Wiśniowy Business Park F in Warsaw as wellas Forum Gliwice and unique housing estate Oakland Park near Warsaw.Key offices developed: International Business Centre I 2003, International Business Centre II 2007,Wiśniowy Business Park F 2007Eurobuild Awards 2010 91

The Ultimate VerdictEcho InvestmentEcho Investment SA is among the largest investment and development companies with Polish capital.Since 1996, the company has been quoted at the Warsaw Stock Exchange. Since the year 2000 EchoInvestment has carried out construction of 12 office buildings with a total leasable area of 180,000 sqm.The biggest and the most prestigious projects include the ones in Warsaw: Centrum Olimpijskie, theseat of the Polish Olympic Committee, Park Postępu, Athina Park, Babka Tower, as well as CentrumBiznesu in Łódź, Avatar in Kraków and Malta Office Park in Poznań. The tenants are mainly large localand international companies. Oxygen office building is currently under construction in Szczecin. Thenext office projects will be built in Kraków, Wrocław, Warsaw, Katowice, Gdańsk and Łódź, as well asin Budapest and Kiev.Key offices developed: City Gate – Warsaw 2000, Centrum Biznesu – Łódź 2001,Babka Tower – Warsaw 2001, Babka Tower – Warsaw 2004, Orion – Łódź 2004,Athina Park – Warsaw 2005, Office Park – Kielce 2007Ghelamco PolandGhelamco Poland is a part of Ghelamco Group, a leading European real estate investor and developerestablished in Belgium in 1985 by Mr. Paul Gheysens. The company started its activity on the Polishmarket in 1991.Ghelamco is one of the biggest and most important developers in Poland. Till now it has delivered over356,000sqm of high standard office space that meets the requirements of the most demanding clients.As the leading business developer, it creates new trends on the local market. It was one of the first companiesto introduce a unique business park concept to Poland and now it is developing Senator and WarsawSpire investments, soon to become Warsaw flagship buildings. Despite the economic crisis duringthe last two years the company hasn’t suspended any of its projects. Currently it has over 1,000,000 sqmunder development in the CEE region.Key offices developed: Crown Square 2010, Katowice Business Point 2010, Trinity Park III 2009,Marynarska Business Park 2008, Bema Plaza 2008, Prosta Office Center 2006, Zaułek Piękna 200592Eurobuild Awards 2010

GTCWINNERGTC’s portfolio of completed office projects in Poland offers over 200,000 sqm of lease area. Over the15 years the firm has been in business, it has created over a dozen top class office buildings and businesscentres in six cities. GTC’s first office project was Mokotów Business Park in Warsaw, the first modernoffice park in Poland. In subsequent years, GTC developed three phases of Platinium Business Park inWarsaw (the 4th building is currently being built, and construction of the 5th building is planned forthe near future), two phases of Okęcie Business Park (3rd building to begin construction soon), and theTopaz and Nefryt office buildings. In Cracow is GTC Office Center with three buildings (4th underconstruction), and Kazimierz Office Center. GTC’s completed investments also include Globis officebuildings in Wrocław and Poznań. University Business Park is located in Łódź and Francuska OfficeCenter in Katowice.Key offices developed: University Business Park 2010, Centrum Biurowe Francuska 2010,Platinium Business Park III 2009, Kazimierz Office Center 2009, Nefryt 2008, Zephirus 2008,Platinium Business Park II 2008Skanska Property PolandSkanska Property Poland is a leading commercial developer, actively operating in Poland since 1997.It belongs to Skanska Group, a world leader in construction and development.Skanska’s mission is to develop top quality modern projects with excellent locations that satisfy the mostdemanding tenants. Its portfolio of delivered office projects includes the first GreenBuilding certifiedprojects in Poland - Deloitte House, part of the Atrium Complex along Jana Pawla Avenue, MarynarskaPoint in Warsaw, and Grunwaldzki Center in Wroclaw. All future commercial projects of Skanska willbe both GreenBuilding and LEED certified to ensure compliance with latest environmental standards,energy efficiency and healthy working environment. We are influenced by many external factors andguided by the values expressed in our Code of Conduct and our Five Zeros.Key offices developed: Deloitte House2009, Marynarska Point 2008,Grunwaldzki Center 2009, Hotel Atrium 2003, Atrium Center 2001Eurobuild Awards 2010 93

The Ultimate VerdictVon der Heyden GroupA pan-european real estate developer/investor founded in 1989. VDHG specializes in high qualityproperty investments incl. renovation of historic buildings which have received numerous awards.VDHG has completed investments valued at over 275 mln Euro. VDHG focus on individual approachand quality, not quantity of projects. All VDHG office projects after 2000 (Liberty Corner, PFC, AndersiaTower) have received the highest real estate distinctions, an objective “Building of the Year” Awardfrom Polish Association of Civil Engineers, Ministry of Infrastructure and General Office of BuildingControl. VDHG office projects received many other awards incl. Most Intelligent Building for PFC,Best Partner in Business (cat. Best Office Building for LC), and CEE Best Project (AT). VDHG enjoysthe trust of national and international financial institutions. Transactions like Nowogrodzka 68, Skorupki4, PFC and Andersia Tower were pioneer projects on the Polish RE market at the time.Key offices developed: Skorupki 4, 2000, Poznan Financial Centre 2001,Liberty Corner 2003, Andersia Tower 2007EUROHYPOThe leading specialist bank for commercialreal estate and public sector financeWhat moves you drives us.As Europe’s leading specialist bank for commercialreal estate and public sector finance, our focus isclear – our clients’ goals. As their business moves,we move with them by offering insight, advice andtailored financing solutions.Poland:Tel. + 48. 22. 5 44 83 00, warsaw@eurohypo.coma passion for solutions.94gürtlerbachmann EUROHYPO Motiv: Newton Pendel Version: GB+ Kontakt PolenFormat: 145 x 100mm SSP EUROBUILD AWARD 2010 Katalog DU: 15.11.2010Eurobuild Awards 2010

We have green officesfor your business• Strategic location with excellentaccess to public transportation• Energy saving solutions• High quality air-conditioningand ventilation• Efficient floor plates• Growth opportunities withineach project• Flexible lease termsand conditionsAll Skanska projects are developed withspecial concern for the natural environmentand using the latest environmentalstandards. Our mission is to develop, buildand maintain the physical environment forliving, travelling and working, using themost innovative solutions.Skanska’sGreenInitiativeGreen Towersin WrocławGreen Cornerin WarsawSilesia BusinessPark in KatowiceGreen Horizonin ŁódźTotal space to lease:Phase 1: 11 600 m 2 ,Phase 2: 11 600 m 2Availability: Q1 2012Total space to lease:Phase 1: 14 000 m 2 ,Phase 2: 13 500 m 2Availability: Q2/Q3 2012Total space to lease:Phase 1: 11 500 m 2 ,Total: 46 000 m 2Availability: 18 months from signingpre-lease agreementTotal space to lease:Phase 1: 14 000 m 2 ,Phase 2: 17 700 m 2Availability: 18 months from signingpre-lease agreementmagdalena.holak@skanska.pl+48 510 263 033agnieszka.krawczyk@skanska.pl+48 502 737 244lukasz.kwiecinski@skanska.pl+48 510 032 308tomasz.stachurski@skanska.pl+48 797 019 151www.skanska.pl+48 22 635 84 00Eurobuild Awards 2010 95

The Ultimate VerdictRetail Developer of the DecadeSponsorJuryAareal Bank AGKarl Wilson, General Manager Central Europe and RussiaAPA Wojciechowski architekci Szymon Wojciechowski, PartnerArch MagicPaweł Graliński, PresidentArupAndrzej Sitko, DirectorBank Pekao SAMarek Koziarek, Managing Director, CREBarrington Holdings Poland Adam Grabski, Managing PartnerBerlin HypRadosław Popko, Head of Real Estate Finance PolandBerlin Group SARobert Friedrich, CEObnt Neupert Zamorska & Partnerzy Małgorzata Zamorska, Barrister/Attorney at Law, PartnerBRE Bank HipotecznySven-Torsten Kain, Member of the Management BoardBuro HappoldIan Booth, Country Manager & PartnerCB Richard Ellis Polska Magdalena Frątczak, Director Retail DepartmentChadbourne & ParkeMariusz Stawiarczyk, PartnerClifford ChanceDaniel Kopania, Partner, Head of RE, Construction andInfrastructure Dep’tColliers InternationalIan Elliott, Director of Retail Solutions, WarsawCushman & WakefieldMarek Noetzl, Associate, Senior Negotiator, Retail DepartmentDeutsche Pfandbriefbank AG Dieter V Knittel, Director, EuropeEurohypo AGLeininger, Head of Corporate Banking - CEEHeitmanOtis L. Spencer, Managing DirectorHogan LovellsJolanta Nowakowska-Zimoch, Head of Real Estate DepartmentIntegrated Finance Group George Mula, Principal & ChairmanKeen Property Partners Retail Richard Keen, Managing DirectorKing SturgeTatiana Spencer, Director, Retail AgencyKnight FrankMonika Dębska-Pastakia, Partner and Chairman of the BoardLinklatersArtur Kulawski, Partner, Head of Real Estate PracticeMatexi PolskaMirosław Bednarek, Country ManagerMGPAKarol Bartos, Vice President, Asset and Development ManagementPolonia Property Funds Mirosław Januszko, Vice PresidentProLogisRoman Skowroński, Vice President & Head of PM CEEPwCBrian O’Brien, PartnerSalansPiotr Szafarz, Partner, Head of Real Estate, WarsawTPA HorwathKatarzyna Klimkiewicz, PartnerUnion Investment RE GmbH Henrike Waldburg, Head of Acquisitions & Sales DepartmentShopping Centersvsf-creativePaul Ayre, Director96Eurobuild Awards 2010

WAMM ConsultingWłodzimierz Moczydłowski, Managing DirectorWestImmoMaciej Tuszyński, Executive Director, PolandNominated projects + winnerECE Projektmanagement PolskaWINNERECE Projektmanagement is the European market leader of inner-city shopping centers and currentlymanages 130 centers in 13 countries generating EUR 13.3 bn in annual sales. Another 21 shoppingcenters are under construction or planned throughout Europe. ECE was established in Poland 1997,with its first center, Galeria Dominikańska, opening in 2001 in Wrocław. Currently ECE manages fiveshopping centres in Poland with one, Galeria Kaskada in Szczecin, under construction. ECE saw Poland’sgreat potential from the beginning, setting up in 1997. The company now has 190,000 sqm of commercialleasing space occupied by more than 800 shops, cafés and restaurants representing top brands in a widerange of goods, from local and international fashion, through perfume shops, accessories, electronics andhousehold, to various services and food outlets. Additionally, ECE focuses on inner city developments,thereby adding to the quality of the inner city districts and helping to create a synergy between historicaland traditional attractions and modern retail, service and entertainment facilities.Key shopping centres: Galeria Dominikańska, Wrocław 2001, Galeria Łódzka, Łódź 2002, Galeria Krakowska,Kraków 2006, Galeria Bałtycka, Gdańsk 2007, Galeria Kaskada, Szczecin (under construction) 2010,Alfa Centrum, Gdańsk, management take over 2006, Others: Teatr Lalek “Pleciuga”, Szczecin 2009Echo InvestmentEcho Investment SA is among the largest investment and development companies with Polish capital.Since 1996, the company has been quoted at the Warsaw Stock Exchange. Echo Investment hasbuilt 25 shopping facilities across Poland, with a total leasable area of approx. 300,000 sqm. The biggestprojects completed so far are: Pasaż Grunwaldzki shopping and entertainment centre in Wrocław andGalaxy shopping and entertainment centre in Szczecin. The total number of customers visiting the centresdeveloped by Echo Investment is approximately 100 mln people a year. The extension of GaleriaEurobuild Awards 2010 97

The Ultimate VerdictEcho in Kielce is currently pending – the centre will offer a leasable area of 70,000 sqm. In 2011 we areplanning to launch construction of 7 shopping centres in Poland as well as two projects abroad – Mundoin Budapest and Korona in Brasov.Key shopping centres: Centrum Handlowe Echo Jelenia Góra 2000, Centrum Handlowe Echo PiotrkówTrybunalsk 2000, Centrum Handlowe Echo Radom 2000, Centrum Handlowe Echo Tarnów 2000,Galeria Echo Kielce 2002, Galaxy, Szczecin 2003, Pasaż Grunwaldzki, Wrocław2007GTCOne of the key areas of activity of GTC in Poland and other countries in Central & Eastern Europe is retailproperty. In Poland so far GTC has carried out three retail developments: Galeria Mokotów, GaleriaKazimierz, and Galeria Jurajska. The opening of Galeria Mokotów in 2000 permanently changed the retailmap of Warsaw. In its first phase Galeria Mokotów offered 48,000 sqm of net lease area. In 2002construction of the second phase was completed including an additional 11,000 sqm. Currently GaleriaMokotów features 240 shops, restaurants, galleries and service points. GTC’s second retail developmentwas Galeria Kazimierz in Cracow. In an area of over 36,000 sqm, the facility offers more than 160 shopsand service points as well as numerous entertainment venues. Galeria Jurajska is the third retail projectdeveloped by GTC in Poland and the first modern facility of its type in Częstochowa. Galeria Jurajskafeatures 49,000 retail and entertainment space offering 200 shops, service points and food options.Key shopping centres: Galeria Mokotów 2000, Galeria Kazimierz 2005, Galeria Jurajska 2009Inter IKEA Centre PolskaInter IKEA Centre Group develops, owns and manages shopping centres in partnership with IKEA.On Polish market it had its debut in 1988. Inter IKEA Centre Group Polska manages seven shoppingcentres and shopping parks in Poland. Inter IKEA Centre Poland builds and manages shopping centres.All investments are financed with the company’s own resources, meaning the business is reliable and stable.During last decade the company has developed the retail park concept and adjusted it to local needs.Over the last ten years IICP has opened four projects totalling over 300,000 sqm of modern retail space:Targowek Shopping Park, Rawa Shopping Park, Matarnia Shopping Park and Port Lodz , a multibrand98Eurobuild Awards 2010

shopping centre. The part of PHT is Domoteka – a unique shopping destination with a complete homefurnishing and interior design selection.Key shopping centres: Port Lodz 2010, Park Handlowy Matarnia 2005,Park Handlowy Targówek/Domoteka 2006Parkridge Retail DevelopmentParkridge, established in 2003, has been a pioneer of retail projects in medium sized cities. Parkridge investmentsin CEE have reached over 1 billion EUR. In Poland Parkridge has opened 4 Focus Malls and1 Focus Park. Focus Malls have been granted numerous awards. In the year 2010 they have been awarded:FM Bydgoszcz – PRCH Retail Award, FM Piotrkow Trybunalski – CEE Retail Estate Awards ShoppingCentre of the Year, Parkridge Holdings – CEE REA Developer of the Year. In the year 2009 Parkridgehas won the CEE Retail Estate Awards: Shopping Centre of the Year (Zielona Gora and Bydgoszcz),Project of the Year (Bydgoszcz), Developer of the Year and Firm of the Year prizes. Parkridge has won in2009 also the CEE Estate Quality Awards for the Project of the Year (Bydgoszcz) and Building of the Year(Bydgoszcz). Parkridge has completed and opened retail park Focus Park Swidnica.Key shopping centres: Focus Mall Rybnik 2007, Focus Mall Bydgoszcz 2008, Focus Mall Zielona Góra 2008,Focus Mall Piotrków Trybunalski 2009, Focus Park Świdnica 2008TK DevelopmentTK Development is one of the leading shopping center and retail park developers, active in Northernand Central Europe. The company has operated in Poland since 1994 and its portfolio includes over900,000 sqm of commercial space in 65 projects (as of 30th April 2010). Over 16 years of activity in PolandTK Development has an impressive track record with numerous top quality retail developments, includingReduta Shopping Center in Warsaw, Targówek Shopping Center in Warsaw. All of the projects havegenerated strong tenant demand and client interest due to their attractive locations and modern design.Key shopping centres: Plejada Shopping Center, Bytom 2000, Plejada Shopping Center, Sosnowiec 2001,Galeria Pomorska, Bydgoszcz 2003, Galeria Copernicus, Toruń 2005, Galeria Biała, Białystok 2007, GaleriaSandecja, Nowy Sącz 2009, Galeria Tarnovia, Tarnów 2009Eurobuild Awards 2010 99

The Ultimate VerdictWarehouse Developer of the DecadeJuryAxis Real EstateBank Pekao SABarrington Holdings PolandBrittain Hadley Real EstateBuro HappoldBZ WBK AIBClifford ChanceCMS Cameron McKennaColliers InternationalCP Roman FortunaCushman & WakefieldDeutsche Pfandbriefbank AGDTZHogan LovellsIntegrated Finance GroupJones Lang LaSalleKing SturgeLinklatersPolonia Property FundsPwCTPA HorwathUnion Investment RE GmbHRenata Osiecka, Managing PartnerMarek Koziarek, Managing Director, CREAdam Grabski, Managing PartnerJohn Palmer, Director of Real Estate ServicesIan Booth, Country Manager & PartnerAgnieszka Jachowicz, Property Market Funds Managing DirectorDaniel Kopania, Partner, Head of Real Estate, Construction andInfrastructure DepartmentWojciech Koczara, Partner, Legal AdvisorTomasz Kasperowicz, PartnerRoman Fortuna, Board MemberFerdinand Hlobil, Partner, Head of CEE European IndustrialTeamDieter V. Knittel, Director, EuropeErik Drukker, Deputy Managing Director, Head of Office AgencyJolanta Nowakowska-Zimoch, Head of Real Estate DepartmentGeorge Mula, Principal & ChairmanTomasz Olszewski, Head of Industrial Department CEEMarek Kiwak, Head of Industrial AgencyArtur Kulawski, Partner, Head of Real Estate PracticeMirosław Januszko, Vice PresidentBrian O’Brien, PartnerKatarzyna Klimkiewicz, PartnerHenrike Waldburg, Head of Acquisitions & Sales DepartmentShopping CentersNominated projects + winnerAIG/Lincoln PolskaAIG/Lincoln Polska has actively operated in the real estate market since 1997. The company has realized15 commercial and residential projects which are distinguished by their high quality of design and construc-100Eurobuild Awards 2010

The Ultimate Verdicthas delivered 1.2 million m² of space. As of Q3.2010 and since 2008, the developer is the leader on theindustrial market with regards to net take up. Currently Panattoni has under construction 200 000 m² ofspace (mostly BTS projects) and a 2% vacancy rate within its existing portfolio. Throughout the last 5 yearsPanattoni has registered record deals on the market: H&M-52000 m² (2007), Leroy Merlin–56000 m²(2008), Tesco–57000 m² (2010). In the build-to-suit segment Panattoni has no competition. Panattonicooperates with many foreign investment funds which acknowledge the portfolio as containing strong,high-quality assets.Key projects: Panattoni Park Bielsko-Biała 2006, Panattoni Park Łódź East 2007,Panattoni Park Poznań II 2008, Panattoni Park Mysłowice 2007, Panattoni Park Ożarów 2009,Panattoni Park Wrocław II 2009, Panattoni Tesco BTSParkridgeUK-based Parkridge is a development and investment company. Since commencing its operations inCentral, Eastern Europe in 2003, Parkridge has developed and leased 500,000 m2 of logistic space inPoland, Czech, Slovakia, Hungary, Ukraine. From the beginning of its operations in Central Europe thecompany started creating a regional platform by becoming active in Poland, Czech Republic, Slovakiaand Hungary. Parkridge have been granted numerous awards.Key projects: Parkridge Distribution Centre Silesia, Dąbrowa Górnicza 2007. Parkridge DC Wrocław, KątyWrocławskie nr. Wrocław 2007. Parkridge DC Warsaw Nadarzyn nr. Warsaw 2007. Parkridge DC WarsawWest, Sochaczew 2007. Parkridge Business Centre Łódź 2009. Parkridge BC Wrocław 2010PointPark Properties (P3)PointPark Properties (P3) is a wholly-owned subsidiary of Arcapita Industrial Management Sarl, thespecialist logistics real estate investment management. 3P was formed in 2001. P3 began its operationsin Poland in 2007. PointPark Properties (P3) is a leading developer and asset manager of warehouseproperties across Europe and Poland. With a strong emphasis on customer relationships P3 has successfullydeveloped and manages over 1.5million sq m of warehouses based in 11 countries across Europe.The tenants on P3 properties receive a standard of service that is cost efficient but that allows tenants102Eurobuild Awards 2010

to maximize the effectiveness of their own businesses. P3 acts for both its own investors and those ofexternal investors, all of whom obtain the same high level of service.Key projects: PointPark Poznań Gądki 2008, PointPark Mszczonów 2008ProLogisProLogis, a leading global provider of distribution facilities, entered the market in PL in 1997 and sincethen has managed to develop a portfolio totaling 2.1 mln sqm located in 105 buildings. It is publicly tradedon the NYSE under the symbol PLD. Since entering Poland 13 years ago ProLogis remains the leadingdistribution facilities provider with 34% of the total market share, making it the only industrial developerwith such a track record and experience in Poland. Key achievements in PL: more than $ 1.5 bln invested;development portfolio totaling 2.1 mln sqm (105 buildings in 25 parks) including the delivery of 11 BTSprojects totaling 285,000 sqm, Parkridge CE industrial portfolio acquisition worth $427.5 mln; longstandingcustomer relationships resulting in a retention rate of 94%; 152 active customers. In Q1-Q3 ofthis year alone ProLogis leased 511,000 sqm of space breaking its record leasing number in Poland so far.Key projects: ProLogis Park Teresin bldg 1, 2000. ProLogis Park Będzin bldg 1, 2002. ProLogis ParkPoznań I bldgs 1-4, 2001-2004. ProLogis Park Wrocław I bldgs 1-8, 2005-2007. ProLogis Park Chorzów,bldgs 1-9, 2006-2009. ProLogis Park Gdańsk bldgs 1-4, 2007. ProLogis Park Błonie II bldgs 1-4, 2009SegroSEGRO plc is the leading provider of business space in Europe. Headquartered in the UK. Listed onthe London Stock Exchange. The largest REITs (after Brixton takeover in 2009). 5.9 mln sq m; 1,900clients. In Poland since 2006. Over 490,000 sq m of warehouse and office space delivered. Modern logisticscentres in key locations in Poland: Gdansk, Gliwice, Lodz, Poznan, Strykow and Warsaw withtotal potential of 1.2 mln sq m. 270 ha of investment land. Company strengths: 40 clients, stable financialcondition, vacancies below 5%, diversified portfolio (big boxes, small boxes, small business units).SEGRO is also the developer of Tulipan House office building in Warsaw.Key Projects: Tulipan Park Gliwice 2008, Tulipan Park Łódź 2008, Tulipan Park Poznań 2007, TulipanPark Stryków 2006, Tulipan Park Warszawa 2009, Tulipan House Warszawa 2008Eurobuild Awards 2010 103

The Ultimate VerdictResidential Developer of the DecadeSponsorJuryArch MagicPaweł Graliński, PresidentBank Pekao SAMarek Koziarek, Managing Director, CREBarrington Holdings Poland Adam Grabski, Managing Partnerbnt Neupert Zamorska & Partnerzy Małgorzata Zamorska, Barrister/Attorney at Law, PartnerBRE Bank HipotecznySven-Torsten Kain, Member of the Management BoardBuro HappoldIan Booth, Country Manager & PartnerBZ WBK AIBAgnieszka Jachowicz, Property Market Funds Managing DirectorClifford ChanceDaniel Kopania, Partner, Head of Real Estate, Construction andInfrastructure DepartmentCMS Cameron McKenna Tomasz Kurek, Partner, AdvocateDeutsche Pfandbriefbank AG Dieter V. Knittel, Director, EuropeGazeta WyborczaMarek Wielgo, JournalistHogan LovellsJolanta Nowakowska-Zimoch, Head of Real Estate DepartmentIntegrated Finance Group George Mula, Principal & ChairmanKeen Property Partners Retail Richard Keen, Managing DirectorLinklatersArtur Kulawski, Partner, Head of Real Estate PracticeMatexi PolskaMirosław Bednarek, Country ManagerOrco Property GroupAlicja Kościesza, Sales & Marketing Director for PolandPKO BP SATadeusz Swat, Director Residential Market DepartmentPolonia Property Funds Mirosław Januszko, Vice PresidentREAS Residential Advisors Kazimierz Kirejczyk, PresidentRolfe JuddMichał Sęczkowski, AssociateRS Architektura Kajobrazu/Pleneria Dorota Rudawa, RSAK owner /Pleneria partner of designdepartmentRzeczpospolitaGrażyna Błaszczak, JournalistStrabagHubert Steinwender, Project DirectorTPA HorwathKatarzyna Klimkiewicz, Partner104Eurobuild Awards 2010

Nominated projects + winnerAtlas EstatesAtlas Estates Ltd operates on the real estate markets in Central and East Europe, from 2005 in Poland.The subject of Atlas Estates business activity is the implementation of investment and constructionprojects and the management of real estate. Platinum Towers: the first ready-to-live in apartment towersin Warsaw located in the city center, form a complex with Hilton hotel. The project offers the higheststandards of workmanship, thoughtful arrangement of services, and an impressive view of the city centre.Capital Art Apartmants: modern residential development, features: perfect localization with good accessibilityto urban infrastructure, a unique architectonic design, high quality materials, accessibility forthe disabled, commercial areas located on the ground floors will provide services that are most requiredin daily life. Sales of the projects: Platinum Towers: 90%, CAA stage I – 100%, CAA stage II 80%Key projects: Capital Art Apartments Stage I, 2008. Platinum Towers 2009.Capital Art Apartments Stage II, 2010Budimex NieruchomościBudimex Nieruchomości Sp. z o.o. has operated on the market since 1998, building approximately6000 flats, mostly in Warsaw, Cracow and Poznan. The company belongs to Budimex SA, part of the Spanishgroup Ferrovial. In an uncertain market, reliability and safety of the investments and clients’ moneyhas always been essential for Budimex Nieruchomości. The company starts construction works only afterobtaining all the necessary permits and securing the financing of the project. Hence all the projects so farhave been completed in time. The clients’ money is safe not only due to a stable situation of the companybut also owing to modern payment systems. For a long time Budimex Nieruchomości was one of the fewdevelopers selling all their flats in a 10/90 system. Now, again as one of the first and of the only companies,Budimex Nieruchomości offers optional payments to special closed escrow accounts.Key projects: Apartamenty Murano I i II stage 2009, Osiedle Olbrachta II 2009,Osiedle Idzikowskiego 2010, Osiedle Berberysowe Ogrody2009, Osiedle Kocjana 2009, Osiedle Korsaka2008, Osiedle Chełmska 9 2008Eurobuild Awards 2010 105

The Ultimate VerdictDom DevelopmentWINNERDom Development, founded with Polish and British capital, has operated in the Warsaw residential developmentmarket since 1996. The company`s shares have been traded on the Warsaw Stock Exchangesince 2006. Dom Development has the broadest range of housing in Warsaw`s property market in virtuallyall of its segments. Dom builds flat, apartment and housing developments mainly in the Warsawarea. The largest projects include Marina Mokotów (about 1,500 units) on Racławicka street, which wascarried out jointly with the company PKO Investments, and the Saska development (about 1,600 units)under construction on Bora-Komorowskiego street in Warsaw. Since the beginning of its activity untilthe end of 2009 the company has sold more than 13, 000 flats, apartments and houses.Key projects: Oaza Warszawa Ochota 2001, Osiedle Kasztanowa Aleja, Warsaw 2003, Osiedle Derby,Warsaw 2003-2006, Osiedle Marina Mokotów (with PKO Inwestycje) Warsaw,Rezydencja Opera, Warsaw 2005 Osiedle Olimpia Warsaw 2006, Osiedle Zawiszy 2008Echo InvestmentEcho Investment SA is among the largest investment and developer companies with Polish capital.Since 1996, the company has been quoted at the Warsaw Stock Exchange. Up to 2010 Echo Investmenthas completed 30 residential projects in Poland with a total area of apartments amounting to approx.200,000 sqm. Many of the projects have been recognized by industry and consumer awards. Awardedprojects include: in Warsaw - Mondrian House and Melody House; in Poznań: - Inflancka, Nad Wartąand Małe Naramowice Rynek; in Kraków: Cztery Pory Roku and in Kielce – Klonowa.Key projects: Babka Tower, Warsaw 2000, Osiedle Małe Naramowice, Poznań 2004,Dom Pod Pegazem, Kraków 2005, Mondrian House, Warsaw 2005, Kirkor, Warsaw 2003,Nad Wartą, Poznań 2001, Osiedle Inflancka, Warsaw 2008106Eurobuild Awards 2010

Gant DevelopmentThe company, formed in 1992 when Grzegorz, Karol and Henryk Antkowiak set up an exchange office,was transformed into a joint-stock company in 1995 and has been providing real estate developmentservices since 1998. It is now present on six markets. In 2000, Gant Development SA commissioned itsfirst housing investment in Wrocław. In the years that followed, the company focused on developing itsreal estate development activity in the city and eventually became an increasingly recognized investor onthe local housing market. In 2009, Gant completed investments in Kraków and Opole. Currently, it isalready present on six local markets and has recently started selling flats in Warsaw, where its “Kaskadana Woli” has became the most popular investment in its district. The company has expanded its offerby higher-standard investments and is planning new ones for the coming decade.Key projects: Budynek wielorodzinny przy ulicy Balzaka we Wrocławiu 2000.Budynek wielorodzinny przy ulicy Strzegomskiej we Wrocławiu 2006. Mieszkania nad Widawą,Wrocław 2008. Pod Fortem, Kraków 2009. Meissnera, Kraków 2010. Osiedle Karpia, Poznań 2010.Myśliwska Park, Gdańsk 2010.Grupa Inwestycyjna HossaThe company operates in the design, construction, management and sales of residential and commercialproperties. Since the start of its operations in 1989, it has completed 39 projects. It specializes inprojects on a scale comparable to new urban. The company has been successfully developing projects for20 years. It is a leader and pioneer in the Tri-City market. Its portfolio includes 39 completed projectsand 9 in progress. To date the company has completed several thousand apartments. It comprehensivelyexecutes top quality modern housing estates, complete with the whole infrastructure and street architecture.A winner of numerous awards and prizes such as Gdynia Time (Czas Gdyni), Business Gazelle(Gazela Biznesu) – three times, Construction of the Year (Budowa Roku) – four times, PomeranianQuality Prize (Pomorska Nagroda Jakości), Forbes’ Diamonds (Diamenty Forbesa).Key projects: Wiszące Ogrody 2003, Osiedle Słoneczniki 2006, Sadyba Orłowska 2006,Sokółka 2008, Kamienica Gdyńska 2008, Pięć Wzgórz 2009, Marina Primore 2009Eurobuild Awards 2010 107

The Ultimate VerdictJ.W. ConstructionOperating since 1994, J W Construction Holding SA is listed on the Warsaw Stock Exchange and isone of the most experienced Polish developers, a leader on the Warsaw market for years. The companyhas achieved recognition both in Poland and abroad.J.W. Construction Holding SA is the largest Polish housing developer present mainly in Warsaw, butalso in Łódź, Gdynia, Katowice and abroad. Apart from implementing development projects, the companyis also a general contractor for most of investments. J.W. Construction is the owner and operatorof a network of hotels under the name Hotele 500, which consists of four hotels in Zegrze, Stryków,Tarnowo Podgórne and Cieszyn. On 4 June 2007 the company made its debut on the Warsaw StockExchange. J.W. Construction Holding SA, maintaining its leading position in the Polish market, haswon many awards and prizes granted by expert bodies, clients, branch organizations and media.Key projects: Osiedle Górczewska Park 2009. Osiedle Lazurowa 2009. Aleja Ludwinowska 2008.Sady Rembertowskie II 2007. Mokotów Plaza I 2005. Osiedle Zielona Choszczówka 2000.Osiedle Grochowska 2001Pirelli Pekao Real EstatePirelli Pekao Real Estate is 75% owned by Prelios (former Pirelli RE) and 25% by Bank Pekao(UniCredit Group). Prelios became Pirelli Pekao Real Estate in April 2006. The projects under companymanagement cover about 400,000 sqm in Poland’s major cities (est. value €650m). The company acts onthe basis of a unique business model created by Prelios. It carries out its tasks in four separate departmentswhich make up the company’s complete structure, complementing one another and cooperatingtogether in order to ensure comprehensive and professional asset management and real estate specialistservices. Notable projects include: Warsaw residential developments Jarzębiny, Wilanow Park, Olszyny,Okopowa, Banderii and Szafarnia in Gdańsk. The most important investment currently under developmentis Młoda Praga in Warsaw.Key projects: Szafarnia 2009, Banderii 4 2008, Okopowa 2008, Wilanów Park 2006, Olszyny II 2005,Jarzębiny 2005, Olszyny Park 2004108Eurobuild Awards 2010

POLNORDPOLNORD SA, listed on Warsaw Stock Exchange, is one of the most experienced companies inthe residential market in Poland. It started in 1977 as a construction export general contractor bureau.In 1988 it took the abbreviated name of POLNORD. It has the biggest land bank of all Polish developers,allowing the construction of 1 million square meters of housing space. The Company operates acrossPoland and in Russia, mostly residential projects but also commercial facilities and offices. It has a verygood reputation among customers and investors as a stable company in spite of the crisis on the market.With the biggest land bank and its own funding, POLNORD is a trustworthy financial partner forbanks and investment partner for its customers. The company carries out large prestigious ventures likerebuilding of the Northern Part of Island of Granaries in Gdańsk and started the cconstruction of housingin Sopot, as well as a commercial-office-apartment project of 60.000 sqm and office centre namedWilanów Office Park, total 140,000 sqm, in Warsaw.Trakt Królewski Warsaw 2001, Dom Morski Warsaw 2005, Kamienica Kubacza Sopot 2002,Osiedle Wiklinowa Gdynia 2007, Osiedle Bławatna Gdynia 2001,Osiedle Tęczowy Las Olsztyn 2009, Osiedle City Park Łódź 2010Robyg DevelopmentROBYG Development owns 100% of the share capital of the company. The company specializes inbuilding and selling high-quality apartments at affordable prices in the prestigious Warsaw district ofWilanów. They are designed with great care and imagination, both elegant and modern. ROBYG isthe first developer to launch a project in Miasteczko Wilanów. From the beginning of its operationsROBYG Development has achieved stable revenues and profits, enjoying a reputation as a solid andreliable company.Key projects: Nowa Rezydencja Królowej Marysieńki stage I, 2004. Nowa RezydencjaKrólowej Marysieńki stage II, 2006. Nowa Rezydencja Królowej Marysieńki stage III, 2007.Nowa Rezydencja Królowej Marysieńki stage IV, 2008. Nowa RezydencjaKrólowej Marysieńki stage IX, 2009. Nowa Rezydencja Królowej Marysieńki stage VI, 2009.Eurobuild Awards 2010 109

The Ultimate VerdictInvestment Deal of the DecadeJuryArch MagicAvestus Real EstateAxis Real EstateBarrington Holdings PolandBZ WBK AIBCB Richard Ellis PolskaChadbourne & ParkeClifford ChanceColliers InternationalCushman & WakefieldDeutsche Pfandbriefbank AGEcho InvestmentEurohypo AGEuropolisHeitmanHogan LovellsIntegrated Finance GroupJones Lang LaSalleKeen Property Partners RetailKing SturgeKnight FrankLinklatersMaster ManagementMayland Real EstatePanattoni EuropePolonia Property FundsProLogisPwCREAS Residential AdvisorsSalansTPA HorwathWestImmoPaweł Graliński, PresidentMaciej Gołębiewski, Director of Leasing and MarketingRenata Osiecka, Managing PartnerAdam Grabski, Managing PartnerAgnieszka Jachowicz, Property Market Funds Managing DirectorPatrick O’Gorman, Director, CEE Capital MarketsMariusz Stawiarczyk, PartnerDaniel Kopania, Partner, Head of Real Estate, Construction andInfrastructure DepartmentTomasz Kasperowicz, PartnerWojciech Pisz, Head of Capital Markets GroupDieter V Knittel, Director, EuropeAdrian Karczewicz, Business Development DirectorMarkus Leininger, Head of Corporate Banking CEEBartłomiej Hofman, Managing DirectorOtis L. Spencer, Managing DirectorJolanta Nowakowska-Zimoch, Head of Real Estate DepartmentGeorge Mula, Principal & ChairmanTomasz Trzosło, Regional Director CEERichard Keen, Managing DirectorMarek Kiwak, Head of Industrial AgencyDorota Latkowska, Partner, Head of Capital MarketsArtur Kulawski, Partner, Head of Real Estate PracticePaul Kusmierz, Managing DirectorYann Guen, Vice-President & Member of the BoardRobert Dobrzycki, Managing Partner for Central EuropeMirosław Januszko, Vice PresidentBen Bannatyne, Managing Director Central & Eastern EuropeBrian O’Brien, PartnerKazimierz Kirejczyk, PresidentPaweł Dębowski, Partner & Head of CEE Real EstateKatarzyna Klimkiewicz, PartnerMaciej Tuszyński, Executive Director, Poland110Eurobuild Awards 2010

Nominated deals + winnerAndersia Tower sale by Von der Heyden Group to DEKA Immobilien in 2008Andersia Tower, a mixed-use, 171-room 4-star hotel& modern class A offices (10,500 sqm), was soldto DEKA Immobilien Investment GmbH in 2008after an extensive tender was carried by KnightFrank. Transaction volume in excess of EUR 80mln. Record low cap rate on regional markets inPolish history. The project forms a part of AndersiaSquare, the next phases of which are still to bedeveloped. AT’s sale attracted the largest numberof international funds interested in a regional city,some of whom had not yet purchased in Poland.AT started against overall trends and at unfavorablemarket conditions (v.high office vacancy level) but was completed before the peak of the market boom.Perfect timing, location, experienced development team & quality tenants laid the foundation for successof the deal. The transaction established a new price benchmark for regional markets & for mixeduse hotel/office schemes nationwide & in CEE.Atrium City’s purchase by DEKA Immobilien in 2009The value of the deal was 115m EUR and was themost significant and remarkable deal of the year2009. Atrium City (now Deloitte House) is one ofthe major recent office projects in Warsaw, with approximately20,000 sqm of lettable space. Despiteglobal uncertainty in the real estate market, thedeal was one of the major deals of the year in CEE.At the time of the sale, several months before completion,the project was 90% pre-leased to tenantssuch as Deloitte, King Sturge and Deutsche Bank.Bema Plaza sale by Ghelamco to DEKA Immobilien in 2008Ghelamco Poland sold its Wroclaw project BemaPlaza’to DEKA Immobilien Investment GmbH forapproximately 106 mln Euro, the third biggest deal onthe Polish market in 2008. The 23,000 sqm project wasthe first Polish office project purchased by DEKA andthe biggest project opened outside Warsaw that year.Thanks to its delivery Wroclaw has become an officemarket leader among the regional cities. Ghelamco’ssuccessful deal proved both the company’s strengthoutside Warsaw and the fact that its Wroclaw investmentbecame an unquestioned commercial success.Eurobuild Awards 2010 111

The Ultimate VerdictHorizon Plaza’s acquisition by Union Investment Real Estate GmbH, in 2010. Projectdeveloped by Curtis DevelopmentHorizon Plaza Complex consists of two building with a totaloffice area amounting to 32,7k sq m acquired by Union InvestmentReal Estate GmbH in April 2010 for approx. EUR 102Mio. Union Investment is steadily creating a broad portfolioof Polish real estate properties. Significant investments in recentyears include the purchase of the Stawy 3 shopping centerin Katowice and the Radisson Blu Hotel located in Kraków.This year the company has concentrated on office buildings, asillustrated by Union Investment’s purchase of Horizon Plazabuildings, located in excellent environment, belonging to theten best office properties in CEE nominated for CEE RealEstate Office Development of the Year 2009 award.Lubicz Office Centre, Krakow, purchase by Polonia Property Funds in 200513,000 sqm office in downtown Krakow acquired by the Fund inMay 2005 from Mostostal Export, development of second phasebuilding extension (100% bank finance)Acquired by the Fund in May 2005 from Polish construction companyby Polonia Property Funds. One of the first transactions inPolish regional cities, purchase from Polish construction companyby international Fund. Unique location in the centre of Krakow,maximised by development.Direct acquisition – no agency fees paid.80% of leases restructured, new Property Manager appointed. PerpetualUsufruct title converted to freehold. Development of secondphase building extension (100% bank finance). CBL II completedOctober 2009 at profit.Metro portfolio purchase by Apollo RidaWINNERIn April 2004 Apollo-Rida completed the acquisitionof a portfolio of 28 retails centers from the affiliatesof Germany’s Metro AG. The portfolio providesmore than 650,000 sqm of retail space including9 regional M1 malls, 4 power centers, and 15 standalonehypermarkets located throughout Poland. Thecenters are anchored by Real hypermarkets, MediaMarkt consumer electronics stores and Praktier DIYstores. In addition to the existing space, the propertiesoffer significant expansion and further developmentpotential which Apollo-Rida continuously pursues.Valued at over €700 million, the acquisition continuesto be recognized as the largest and most complex real estate transaction in Poland as well as the CEE.112Eurobuild Awards 2010

Metropolitan’s acquisition by Aberdeen Immobilien Kapitalanlagegesellschaft mbH,developed by Hines, in 2006The Metropolitan is a building of unmatchedstandards not only in Polandbut also across Europe, designed byNorman Foster.The building offers about 38 000 squaremeters of usable floor space and 6 000square meters of gross covered area.The value of the transaction was EUR170 mln. The Metropolitan buildingwas rewarded with many prestigiousprices, including: RIBA WorldwideAward, MIPIM Award, Best Overall Project of 2003, The Platinum Drill.Marynarska Business Park sale by Ghelamco to Degi International in 2008In 2008 Ghelamco Poland sold Marynarska BusinessPark office complex to Degi International for167 mln Euro. It was the biggest transaction onthe Polish commercial real estate market in 2008.The sale of Ghelamco’s Marynarska Busisness Parkoffice complex was the biggest transaction on thePolish commercial real estate market in the entire2008. The modern office complex consisting of fourbuildings with a total rental area of 43,700m² waspurchased by Degi International for 167 mln Euro.The deal was an even bigger success taking into accountthe fact that it was made at a time when thePolish property market faced the lowest investment rate over the previous three years. Ghelamco’s successfultransaction proved that even in tough times high quality projects developed according to the beststandards can enjoy great interest from big international investors.Marynarska Business Park’s purchase by Aberdeen Asset Managent, developed by Ghelamco, in 2008The office complex located in the Warsaw area of Sluzewiec Przemyslowy is composed of 4 modernbuildings and was put into operation in 2008. The acquisition of the project was the most remarkabletransaction on the market in 2008.Eurobuild Awards 2010 113

The Ultimate VerdictMokotow Business Park sale by GTC to Heitman European Property Partners IIIFund in 2006In 2006 Globe Trade Centre S.A. (GTC) soldMokotów Business Park (MBP) in Warsaw toHeitman European Property Partners III Fund.The sale price for MBP was USD 287.5 million.Construction of Mokotów Business Park began in1995. The innovative project, demonstrating the exceptionalvision of the people behindit, was GTC’sfirst investment in Poland. Its implementation wascrucial to the development of the post-industrialdistrict of Służewiec Przemysłowy an area that isnow regarded as the business centre of the capital.At the time of closing of the sale transaction, MBPwas the largest office complex in Central & Eastern Europe, comprising nine buildings with a total netlease area of 107,000 sm. The transaction also included the right to perpetual usufruct of 7.3 hectares ofland. The sale price for MBP was USD 287.5 million. GTC realized a pre-tax profit on the transactionof about USD 40 million.Panattoni Europe/Standard Life portfolio sale to EPISO in 2010Panattoni Europe and Standard Life Investments soldfive projects in Poland (170,000 m² ) to European PropertyInvestors Special Opportunities, L.P. (EPISO),a fund co-advised by AEW Europe and Tristan CapitalPartners, for the value of €91 million. The schemes werelocated in Lódź, Pruszków and Poznań, fully let to a tenantmix of 18 logistics, light production & FMCG companies.The projects were developed in 2007-2008 andare acknowledged by AEW/Tristan Fund due to theircore location, institutional quality and commercial success.The assets were sold with the investment yield of8,5-8,9%. Poland is becoming an ever more interestingplace for foreign investment funds. The deal is one of 6 transactions on the Polish industrial market in2010, where 5 belong to Panattoni. It is the more meaningful considering the overall vacancy rate at18%, the same proving presence of stable assets.114Eurobuild Awards 2010

Poznan Financial Centre sale by Von der Heyden Group to AIB Polonia Property fundin 2004A class office building in the centre of Poznan developed by VD-HG (joint venture between VDHG and the City of Poznan).32,500 sqm gross, 18,500 sqm net usable area, opened in 2001,sold to AIB Polonia Property Fund in December 2004. Transactionvolume of USD 56 mln. PFC as the joint venture of the Cityof Poznan and VDHG was the first working example of publicprivatepartnership in Poznan, initially viewed with scepticism.It was a landmark transaction in terms of size for a regionalcity. VDHG smartly orchestrated a deal with BZWBK to buythe bank’s plot dedicated for their new headquarter and in returnVDHG leased up 11,500 sqm of prime office space for 10 yearsto BZWBK. The remainder of the space followed suit. Timingagain was everything. In addition, VDHG was able to sell the plot in 2007 after redesigning, for a recordprice to a Spanish Developer.Rondo 1 acquisition in 2006Rondo 1 is a 40 storey office tower, with ancillary retail and car park,developed by Hochtief and completed in March 2006. This landmarktower is a truly prime asset creating benchmark to the local and regionalmarket. The Property was acquired in 2006 in a 50/50 jointventure between MGPA Europe Fund II and London & RegionalProperties. In 2008 MGPA Europe Fund II assumed full ownershipof the building. The Property was acquired in a cyclical low at 43%occupancy level. MGPA acquired this truly prime asset and capturedrental growth during market recovery. It maintains a high occupancyabove 98% ever since achieving high end market rents. Despitethe fact that these transactions were not the first time building wassold, MGPA assumed control over the building at its completion recordingone of the largest deals of 2006 and consecutively 2008.Skorupki 4 sale by Von der Heyden Group in 2000VDHG’s sale transaction of A class office building, 4,000 sqm net space, inthe heart of Warsaw. The building was sold to government institution BankowyFundusz Gwarancyjny in 2000. Transaction volume USD 16,5 mln. The salewas the first transaction on the Polish Market at a time before even constructionwork commenced. The high quality building was a unique product on the Polishmarket in 2000. It was constructed turn-key according to specific individualneeds and in very close day-to-day co-operation with BFG, an institutionalclient. Location, a small reliable development team, carefully chosen subcontractorsand perfect timing were main factors for the success of this deal. TheSkorupki 4 transaction was one of the most transparent and carefully examinedby the state and governmental institutions like NIK (Supreme Audit Office).Eurobuild Awards 2010 115

The Ultimate VerdictOffice Agency Team of the YearSponsorJuryAvestus Real EstateMaciej Gołębiewski, Director of Leasing and MarketingAxis Real EstateRenata Osiecka, Managing PartnerBarrington Holdings Poland Adam Grabski, Managing Partnerbnt Neupert Zamorska & Partnerzy Małgorzata Zamorska, Barrister/Attorney at Law, PartnerBZ WBK AIBAgnieszka Jachowicz, Property Market Funds Managing DirectorClifford ChanceDaniel Kopania, Partner, Head of Real Estate, Construction andInfrastructure DepartmentDeutsche Pfandbriefbank AG Dieter V. Knittel, Director, EuropeEcho InvestmentRafał Mazurczak, Leasing Team DirectorEuropolisBartłomiej Hofman, Managing DirectorGhelamco PolandJeroen van der Toolen, Ghelamco Managing Director CEEGTCMariusz Kozłowski, Member of the Management Board andInvestor Relations ManagerHeitmanOtis L. Spencer, Managing DirectorHines PolskaMieczysław Godzisz, Managing DirectorHogan LovellsJolanta Nowakowska-Zimoch, Head of Real Estate DepartmentIntegrated Finance Group George Mula, Principal & ChairmanLinklatersArtur Kulawski, Partner, Head of Real Estate PracticeMGPAKarol Bartos, Vice President - Asset and DevelopmentManagementPwCBrian O’Brien, PartnerSkanska Property Poland Nicklas Lindberg, Managing DirectorTorusIwona Stemka, Real Estate DirectorVon der Heyden Group Sven von der Heyden, ChairmanNominated companies + winnerCB Richard Ellis Group,CB Richard Ellis Group, Inc. (NYSE:CBG), a Fortune 500 andS&P 500 company is the world’s largest commercial real estate servicesfirm. The Company serves developers, investors and occupiersall around the real estate world.Some of the significant deals recently completed by CBRE: Oraclelease of 4,000 sqm in Crown Square. Roche lease of an additional 1,800 sqm of office space in the MaltaOffice Park in Poznań. Gemius SA lease of 1,700 sqm in Empark. Covidien lease of 1,000 sqm inMistral. Synopsys lease of 1,000 sqm in Arkońska Business Park in Gdańsk. Nokia lease of 900 sqm inMillennium Park. Northern Medical lease of 850 sqm in the Trinity Park II.116Eurobuild Awards 2010

Colliers InternationalCushman & WakefieldOne of the leading international real estate agencies, offering advisory servicesin leasing, sales, acquisitions of properties as well as valuation and propertymanagement. In Poland the company was incorporated in 1997 andis managed by 14 partners. Specialising in tenant representation, in 2010represented clients in lease negotiations for over 60,000 sqm.C&W is a commercial real estate firm, providing owners, investorsand businesses strategic advice and services in property sales, leasing,valuation, management, financing and consulting. In Poland ithas been actively operating since 1991.54 projects were closed in 2010 ( January-October). The office team has signed new lease deals for73,863 sqm. Transactions included tenants representation such as Aviva (leasing 13,000 sqm, the largestnew space acquisition/relocation in 2010), confidential client (10,240 sqm), Nokia Siemens Networks(7,380 sq.m), Artegence (1,800 sqm), Sharp Polska (1,470 sqm), Epstein (1,200 sqm). Also landlordrepresentation: Globe Trade Centre (leasing 1,300 sqm by Panasonic), Aberdeen (leasing managementservices - Metropolitan and Focus building), PRE Offices. C&W has been appointed exclusive agent forthe commercialization of Business Garden and Senator and leading agent for Eurocentrum.DTZDTZ is one of the leading international real estate advisers with the team of 10,000professionals. In Poland, DTZ has been present since 1994, forming a part of DTZHoldings plc, quoted on London Stock Exchange since 1987.DTZ in Poland has the team of 10 professionals dedicated to office transactions andprovides tenant and landlord representation. Continued 15-20% market share in leasingtransactions. A total of 75 000 sq m of office space leased in the last 18 months.Active in BPO sector. Major deals signed over the course of the last 18 months: Unilever (6 000 sq m),Kraft Foods (3 000 sq m), Fiat Group (3 100 sq m). Clients: CDI, ING RE, Ghelamco, Corpus Sireo,HP, Netia, Play, Google, MTV.Jones Lang LaSalleWINNERJones Lang LaSalle is a financial and professional services firm specialisingin real estate. In Poland it was established in 1994. Jones LangLaSalle Incorporated is a publicly owned company listed on the NewYork Stock Exchange.Two separate business units (tenant representation and leasing) with the largest share of the market (in Warsawalone over 55,000 sqm transacted within the first 3Q of 2010). Recent deal examples (all sqm): PZU– 11,500 (represented landlord-LL), IBM in Wroclaw – 18,000 (tenant-T), Deutsche B – 10,000 (T), Infovide-Matrix– 6,000 (T), Pfizer – 4,300 (T), Motorola/Krakow – 9,000 (T), Strabag – 1,800 in Łódź (LL).3 permanent offices, in Warsaw, TriCity and Krakow. Significant office leasing instructions portfolio (eg.Equator office complex, Plac Unii, Złote Tarasy, Adgar Plaza, Bonarka). In Krakow alone currently representingclients with requirements over 40,000 in total (incl: Shell, HSBC, Sabre, DB and AMS).Eurobuild Awards 2010 117

The Ultimate VerdictKing SturgeKing Sturge has 42 owned offices in 14 European countries,forming part of a network of over 215 wholly owned, associatedand affiliated offices in 47 countries worldwide. KingSturge in Poland has offices in Warsaw and Katowice.From January to October 2010 the team closed almost 35,000 m 2 and another approx. 25,000m 2 is infinal lease negotiations with closing dates assumed before end of December 2010. This would meana total of 60,000 m 2 of lease transactions completed in this calendar year. The team is acting as leasingagent for 18 projects across Poland including Warsaw Trade Tower, Poleczki Park, University BusinessPark in Łódź, Katowice Business Point and Crown Square by Ghelamco. The team has finalizeda number of Tenant Representation projects, including Tieto (4,612m 2 in Szczecin), UPM Kymenne(1,826 m 2 in Kraków), Deloitte (613 m 2 in Katowice), Comarch (1,600 m 2 in Warsaw), Medtronic(1,360 m 2 in Warsaw).Warehouse Agency Team of the YearSponsorJuryAIG/Lincoln PolskaBerlin Group SABZ WBK AIBClifford ChanceDeutsche Pfandbriefbank AGEuropolisHogan LovellsIntegrated Finance GroupLinklatersPanattoni EuropePointPark PropertiesProLogisSegroUnion Investment RE GmbHHubert Michalak, Development DirectorRobert Friedrich, CEOAgnieszka Jachowicz, Property Market Funds Managing DirectorDaniel Kopania, Partner, Head of Real Estate, Construction andInfrastructure DepartmentDieter V. Knittel, Director, EuropeBartłomiej Hofman, Managing DirectorJolanta Nowakowska-Zimoch, Head of Real Estate DepartmentGeorge Mula, Principal & ChairmanArtur Kulawski, Partner, Head of Real Estate PracticeRobert Dobrzycki, Managing Partner for Central EuropeCraig Maguire, Managing DirectorBen Bannatyne, Managing Director Central & Eastern EuropeMagdalena Szulc, Business Unit Director Central EuropeHenrike Waldburg, Head of Acquisitions & Sales DepartmentShopping Centers118Eurobuild Awards 2010

KPMG in Polandul. Chłodna 5100-867 Warsawwww.kpmg.plEurobuild Awards 2010 119

The Ultimate VerdictNominated companies + winnerAxis Real EstateAxis Real Estate Sp.z o.o. specializes in complex services regardinginvestment in commercial Real Estate, with its main focus on industrialand warehouse space. The company was established in April2009. Axis Real Estate favours consultancy and mediation at leasingand renegotiation of lease agreements for warehouse space. AxisReal Estate advisors have vast experience and knowledge of tenant requirements as well as investor expectations.Up to November 2010 the industrial team has leased over 100,000 sqm of warehouse spacein Poland. By Voivodeship, this is as follows: Mazowiecki 29,700 sqm, Łódźkie 8,400 sqm, Pomerania5,450 sqm, Lower Silesia 17,200 sqm, Wielkapolska 24,000 sqm, Silesia 8,700 sqm, Małopolska1,450 sqm, Lubelskie 5,400 sqm.CB Richard EllisCB Richard Ellis is the world’s largest commercial real estate servicesfirm. The Company has approximately 29,000 employees and serves investors,developers and tenants all around the real estate world. Recentindustrial deals include: Loxxess – 7,500 sqm at Panattoni Park Ozarow,Newell Rubbermaid – sale of factory in Katowice which includes a site of 15,000 sqm and building of2,000 sqm, DHL – leasing of 5,000 sqm at Prologis Park Sochaczew, DHL – 6,000 sqm lease at PrologisPark WroclawColliers InternationalWINNEROne of the leading international real estate agencies, offering advisory servicesin leasing, sales, acquisition of properties as well as valuation and propertymanagement. In Poland the company was incorporated in 1997 and ismanaged by 14 partners. The team has 13 years of experience and specialisesin negotiations of lease terms. Up until November 2010 Colliers has leasedover 200,000 sqm on behalf of its clients.King SturgeKing Sturge is one of the largest international property consultanciesin Europe with 42 owned offices in 14 Europeancountries, forming part of a network of over 215 wholly owned,associated and affiliated offices in 47 countries worldwide.King Sturge Industrial Agency team consists of 5 people. Since January to October 2010 the teamclosed transactions for almost 40,000 sqm. The biggest transaction this year was leasing 28,000 sqm ofproduction and warehouse space in Swarzędz near Poznan to Associated British Foods. Our team isworking closely with many of the best known owners and occupiers like Prologis, SEGRO, Panattoni,MLP Group, AIG/Lincoln. The strategy of the team is to be active and grow the market share in Warsaw(3 zones) and regional markets including Polska Centralna, Dolny i Górny Śląsk, Wielkopolska,Trójmiasto i Małopolska.120Eurobuild Awards 2010

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The Ultimate VerdictFinancing Provider of the YearSponsorJuryArch MagicAvestus Real EstateBZ WBK AIBClifford ChanceCMS Cameron McKennaColliers InternationalCushman & WakefieldECE Projektmanagement PolskaEuropolis RE Asset ManagementGhelamco PolandGTCHeitmanHines PolskaHogan LovellsKeen Property Partners RetailKnight FrankLinklatersMaster ManagementMayland Real EstateMGPAPanattoni EuropePolonia Property FundsProLogisPwCREAS Residential AdvisorsSkanska Property PolandTPA HorwathVon der Heyden GroupPaweł Graliński, PresidentMaciej Gołębiewski, Director of Leasing and MarketingŁukasz Maciak, Director, Commercial InvestmentDaniel Kopania, Partner, Head of Real Estate, Construction andInfrastructure DepartmentDominika Uberman, Partner, Head of Banking & InternationalFinance Department AdvocateTomasz Kasperowicz, PartnerWojciech Pisz, Head of Capital Markets GroupRafał Twarowski, Managing DirectorBartłomiej Hofman, Managing DirectorJeroen van der Toolen, Ghelamco Managing Director CEEMariusz Kozłowski, Member of the Management Board andInvestor Relations ManagerOtis L. Spencer, Managing DirectorMieczysław Godzisz, Managing DirectorJolanta Nowakowska-Zimoch, Head of Real Estate DepartmentRichard Keen, Managing DirectorDorota Latkowska, Partner, Head of Capital MarketsArtur Kulawski, Partner, Head of Real Estate PracticePaul Kusmierz, Managing DirectorYann Guen, Vice-President & Member of the BoardKarol Bartos, Vice President - Asset and DevelopmentManagementRobert Dobrzycki, Managing Partner for Central EuropeMirosław Januszko, Vice PresidentChristian Nickels-Teske, Head of Treasury Europe and DebtCapital MarketsBrian O’Brien, PartnerKazimierz Kirejczyk, PresidentNicklas Lindberg, Managing DirectorKatarzyna Klimkiewicz, PartnerSven von der Heyden, Chairman122Eurobuild Awards 2010

Nominated companies + winnerAAREAL BANK AGAareal Bank AG, Germany, is one of the leading internationalproperty specialists providing its clients with tailor-madeStructured Property Finance solutions and active in the CEEregion and Russia for over 10 years. Aareal Bank is active across three continents and provides propertyfinancing solutions in more than 25 countries. The Bank’s business activities are centered on StructuredProperty Finance in both project development financing and medium to long term investment financingin most real estate categories. The Bank’s portfolio in Poland includes Rondo 1 office building inWarsaw, Arkadia Shopping Center in Warsaw, Bonarka Shopping Center in Kraków and many others.Within the last 12 months the Bank has provided financing for Warsaw’s Senator Office Buildingby Ghelamco, the logistic portfolio in Poland of AEW Europe & Tristan Capital Partners and EuropaCentralna shopping centre by Helical Bar.Berlin Hyp/Landesbank Berlin AGBerlin Hyp: part of Real Estate Finance Business Division ofLandesbank Berlin, one of the largest German real estate financeproviders. We do business with investors, housing enterprises,real estate funds and capital investment companies. We have operated in Poland since January 2008.Development/long term investment financing of shopping center Galeria Kaskada.Development/investment loan for Ufficio Primo Office Building. Refinancing of Harmony Office centerfollowed by investment loan for new owner. Investment loan for Atrium IBC Office Building, for newowner of Topaz/Nefryt and for Panattoni. Selected purchase of debt claims of other banks. Individual financestructures plus the involvement of derivatives to guard against interest rate risks. Well-establishedmarket expertise and competence. Two pillar-model offering services of experienced Real Estate bankand universal bank: strong relationship-banking. Backed by German Pfandbriefbank. Very good liquiditysituation allowing long term financing.Eurohypo AGEUROHYPO AG is the professional bank for real estate finance.Since 10 years the bank has been supporting a number of qualityinvestments providing various financing structures such as developmentfinancing, investment loans for purchasing existing buildings oracquiring of real estate portfolios across the country. EUROHYPOfocuses its activity on all real estate sectors with emphasis on shoppingcenters and office buildings, located in primary and secondary cities in Poland. In the lasttwelve months the bank has financed Shopping Center Galeria Echo in Kielce, DIY Portfoliolocated in Western Poland, Logistic Portfolio of ProLogis Group. Total volume of the aforementionedcommitments amounted to EUR 180.000.000Eurobuild Awards 2010 123

The Ultimate Verdictpbb Deutsche Pfandbriefbankpbb Deutsche Pfandbriefbank is the strategic core bank of HRE Group. DeutschePfandbriefbank AG was formed in June 2009, as a result of the merger of DEPFADeutsche Pfandbriefbank AG and Hypo Real Estate Bank AG.As an established finance partner, pbb Deutsche Pfandbriefbank (pbb) has many years’experience and extensive knowledge of the international real estate business. The bankfocuses on its customers with funding solutions tailored to meet their individual needs.The bank offers optimal funding solutions for national and international real estate clients. This includesreal estate companies, institutional investors and real estate funds.Westdeutsche ImmobilienBank AGWINNERWestImmo is one of Germany’s leading providers of real estate financing.With our spectrum of highly individual and innovativesolutions, we cater to a wide range of national and internationalreal estate clients.Significant deals performed in Poland in 2010 are as follows: Arranger and agent for EUR 30,870,000office investment loan to Polonia Property Fund I; Arranger and agent for EUR 17,700,000 warehouseinvestment loan to Panattoni Europe; Arranger and agent for EUR 22,000.000 office investmentloan to Azora Europa. During the previous month, WestImmo has additionally closed 2 more loanfacilities, one for an office building in Krakow of EUR 21,640,000 and the second one for the acquisitionof a shopping centre located in a medium size town in Western Poland for the amount of EUR25,000,000.Law Firm of the YearJuryArch MagicAvestus Real EstateAxis Real EstateBarrington Holdings PolandBerlin HypDeutsche Pfandbriefbank AGECE Projektmanagement PolskaEurohypo AGEastern EuropeEuropolisGhelamco PolandGTCHeitmanHines PolskaPaweł Graliński, PresidentMaciej Gołębiewski, Director of Leasing and MarketingRenata Osiecka, Managing PartnerAdam Grabski, Managing PartnerRadosław Popko, Head of Real Estate Finance PolandDieter V. Knittel, Director, EuropeDr. Knut Volquardsen, Managing DirectorMarkus Leininger, Head of Corporate Banking Central andBartłomiej Hofman, Managing DirectorJeroen van der Toolen, Ghelamco Managing Director CEEMariusz Kozłowski, Member of the Management Board andInvestor Relations ManagerOtis L. Spencer, Managing DirectorMieczysław Godzisz, Managing Director124Eurobuild Awards 2010

PF CONCEPT 23,000 SQMBUILD TO SUITPOINTPARK POZNANIN PROCESSBulgaria | Czech Republic | France | Germany | Italy | The Netherlands | Poland |Romania | Slovakia | Spain | UKP3 will source land across Poland and Europe to meet your ‘Build to Suit’ requirement.We will get you to the point.POINTPARK MSZCZONOWAdjacent to E67 and TIR 50 route (Warsaw - Talin - Helsinki) | 45 km southwestfrom Warsaw | Excellent access from all directions | Public transportconnections | Rail spur on site | 3 existing buildings totalling 96,633 sqm |Total potential up to 309,770 sqm in 9 buildings | Build to suit possiblePOINTPARK POZNAN2.4 km from Dual Carriageway S11 connecting to A2 highway (Warsaw - Berlin) |10 km from Poznan | Excellent access from all directions | Public transportconnections | 2 existing buildings totalling 40,862 sqm | Total potential up to181,054 sqm in 8 buildings | Build to suit possibleWWW.POINTPARKPROPERTIES.COMLumen Building | Zlota 59 | Warsaw | Poland |tel.: +48 22 828 42 89Eurobuild Awards 2010 125

The Ultimate VerdictKing SturgeKnight FrankMGPAPanattoni EuropePolonia Property FundsProLogisPwCSegroSkanska Property PolandTPA HorwathVon der Heyden GroupTomasz Buras, Director and Head of Office AgencyDorota Latkowska, Partner, Head of Capital MarketsKarol Bartos, Vice President - Asset and DevelopmentManagementRobert Dobrzycki, Managing Partner for Central EuropeMirosław Januszko, Vice PresidentAnna Jönsson, Vice President Legal Counsel Central & EasternEuropeGrazyna Wiejak-Roy, ManagerMagdalena Szulc, Business Unit Director Central EuropeNicklas Lindberg, Managing DirectorKatarzyna Klimkiewicz, PartnerSven von der Heyden, ChairmanNominated companies + winnerAllen & OveryAllen & Overy, A. Pędzich sp. k. is one of the largestinternational legal practices in Poland. In 1991 ourWarsaw office was established as one of the first international law offices in Poland. We provide ourclients with an innovative, experienced and above all commercial approach to structuring their businesses.We recently advised: TriGranit Development Polska on the development and construction ofa new railway station and two shopping malls in Poznań: Berlin-Hannoversche Hypothekenbank AGand Landesbank Berlin AG on a EUR 111 million loan granted to ECE to be used to finance the constructionof “Galeria Kaskada” in Szczecin: Avestus Real Estate on a number of development projects inPoland, including Hala Koszyki, Oakland Park, and Centrum Biurowe Enterprise w Krakowie: AarealBank AG on financing the construction of the “Senator” office building in WarsawClifford ChanceClifford Chance has one of the strongest real estate practicesin Poland with 12 lawyers dedicated to giving complex adviceon some of the largest projects and transactions in the country.We advise leading developers such as AiG/Lincoln, Buma, Ghelamco,Goodman, Skanska Development. We advise on sale, and sale and lease back transactions forLondon Regional Properties and LHI Leasing and on few transaction the details of which may not bedisclosed at this stage. We also advise contractors on construction on a few sections on motroways andconstruction of Northern Bridge in Warsaw.CMS Cameron McKennaCMS Cameron McKenna is a co-founder of CMS–a network of law firmswith the most extensive European footprint employing nearly 5000 people in47 cities across 27 countries, present on the polish market for nearly 20 years,employing over 140 lawyers. CMS Cameron McKenna is the largest andthe most experienced international law firm operating in Poland. We provide126Eurobuild Awards 2010

comprehensive legal advice in all areas of law. The Real Estate and Construction Department at CMSCameron McKenna’s Warsaw Office employs 17 lawyers, and is one of the largest property practicesamong the law firms operating in Poland. The scope of services offered by our real estate team is extremelywide and includes literally full legal assistance for any real estate project including: constructionprojects, property transactions, financing and leasing as well as property disputes resolution.Hogan LovellsHogan Lovells is one of the biggest international law firms. Present in Poland since1991, as an LLP firm. Hogan Lovells in Poland provides services in all fields of law,particularly for real estate, financial institutions, and commercial law.Hogan Lovells isthe best law firm in Poland specialising in real estate advisory, mainly logistic parks,business parks and shopping centres. It advises on all aspects of property transactions,including acquisitions, long-term lease agreements, construction or developmentcontracts, and project finance. Key clients include: Panattoni, Ghelamco, Segro, Pekao SA, The OutletCompany, Westdeutsche Immobilien Bank AG, Immofinanz Group, TKMaxx, Reinhold Poland. Latesttransaction: sale of final tranche of shares in the Outlet Company Gdansk to Polonia Property, allowingcompleting the sale of all three Fashion House centres.LinklatersLinklaters’ Warsaw office was originally established in 1985 asa Polish law firm, but its dynamic expansion led to its merger intothe Linklaters network in January 2001. The office is staffed withmore than 50 lawyers (including 7 partners). We continue to act for leading international and Polishclients. We have positioned ourselves, in particular with respect to our strong global network, to capturea major slice of bigger, complex real estate transactions and cross-border work. We work for clients whovalue having an ongoing relationship with a firm with our international network, experience, range ofresources and skills and our general European reach. Recent examples of our work include advising on:acquisition of Horizon Plaza, developing of wind farm projects by Dong Energy, sale and leasebackof logistic centre for Tesco, sale of Turawa shopping park and acquisition of built – to suit warehouseproject for W.P. Carey.SalansWINNERSalans Warsaw office is one of the largest and leading lawfirms in Poland. We have advised companies, financial institutions,and governmental entities on the legal aspects ofinvestment, trade and finance since 1991. The firm currently has over 130 lawyers in Poland. Members ofthe Salans Warsaw real estate group form a core part of the 200 strong Global Real Estate Group within22 offices of the Firm. With the arrival of 4 partners, 1 counsel and 12 associates, we have the largestteam of real estate specialists on the Polish market. At Salans we realise that our clients, who operateregionally, are best served by seasoned real estate experts who also work cross-border, and team up withour various country offices from jurisdiction to jurisdiction. Members of our team have advised on manyof the most complex real estate and real estate finance transactions in Poland and CEE.Eurobuild Awards 2010 127

The Ultimate VerdictTax & Financial Advisory of the YearJuryBarrington Holdings Poland Adam Grabski, Managing PartnerBerlin Group SARobert Friedrich, CEObnt Neupert Zamorska & Partnerzy Małgorzata Zamorska, Barrister/Attorney at Law, PartnerDeutsche Pfandbriefbank AG Dieter V. Knittel, Director, EuropeGhelamco PolandJeroen van der Toolen, Ghelamco Managing Director CEEGTCMariusz Kozłowski, Member of the Management Board andInvestor Relations ManagerHogan LovellsJolanta Nowakowska-Zimoch, Head of Real Estate DepartmentKnight FrankDorota Latkowska, Partner, Head of Capital MarketsLinklatersArtur Kulawski, Partner, Head of Real Estate PracticeMGPAKarol Bartos, Vice President - Asset and DevelopmentManagementPanattoni EuropeRobert Dobrzycki, Managing Partner for Central EuropePolonia Property Funds Mirosław Januszko, Vice PresidentProLogisPeter Whisker-Węgorzewski, First Vice President & FinanceDirector Central & Eastern EuropeSkanska Property Poland Nicklas Lindberg, Managing DirectorVon der Heyden Group Sven von der Heyden, ChairmanNominated companies + winnerKPMGKPMG has been present on the Polish market since 1990 and provides audit,tax, legal, accounting and other advisory services to real estate clients throughour offices located in Warsaw, Krakow, Poznan, Wroclaw, Gdansk and Katowice.KPMG provides services to a significant proportion of the office, retail, logistic, residential and hotelOperators, Investors and Developers in Poland allowing KPMG to assist with major real estate transactions.KPMG was responsible for the financial due diligence of the largest shopping centre acquisitionin Poland in 2010 and is currently assisting with the sale of another major shopping centre.PwCWINNERPwC has been in Poland for 20 years and is managed and owned by the partners.The Real Estate team consists of ca.50 property professionals (appraisers, propertymanagers, brokers, tax advisers, lawyers, accountants and forensic experts).PwC Real Estate provides a complex range of real estate services to corporate,institutional and public sector clients, both domestic and international. Ourtransactional services (financial, commercial & tax due diligence; vendor assistance;valuations; tax structuring), assisted our clients with transactions estimated at EUR 2 bln in 2010.Our consulting services (occupier support, optimisation, property audits, reorganization), help real estate128Eurobuild Awards 2010

The Ultimate Verdictand non-real estate clients reap the benefits from their asset base. We have also supported clients withlarge capital projects, project finance, litigation support and insolvency services, amongst others.TPA HorwathTPA Horwath in Poland is a consulting group offering taxand transaction advisory services, financial audit, corporatefinance, accounting outsourcing, payroll administration andHR services HR. TPA Horwath in Poland was establishedin 2005. In 2010 TPA Horwath has advised on the $102 million purchase transaction of Horizon Plazaoffice building in Warsaw, the largest transaction on the real estate market in 2010. Also in 2010 TPAHorwath has advised on the acquisition of Lipinsky Passage and the sale of Victoria Building. In 2009.TPA Horwath has advised on the purchase transaction of six commercial properties whose total valueexceeded EUR 400 million.Best New Office of the YearJuryAareal Bank AGArch MagicAvestus Real EstateBarrington Holdings PolandBerlin HypBRE Bank HipotecznyBZ WBK AIBCB Richard Ellis PolskaColliers InternationalDeutsche Pfandbriefbank AGHeitmanHogan LovellsKeen Property Partners RetailLinklatersMaster ManagementMGPAPolonia Property FundsRolfe JuddStrabagTorusTPA HorwathHubert Mańturzyk, Senior ManagerPaweł Graliński, PresidentMaciej Gołębiewski, Director of Leasing and MarketingAdam Grabski, Managing PartnerRadosław Popko, Head of Real Estate Finance PolandSven-Torsten Kain, Member of the Management BoardAgnieszka Jachowicz, Property Market Funds Managing DirectorDaniel Bienias, Director - Tenant RepresentationPaweł Skałba, PartnerDieter V. Knittel, Director, EuropeOtis L. Spencer, Managing DirectorJolanta Nowakowska-Zimoch, Head of Real Estate DepartmentRichard Keen, Managing DirectorArtur Kulawski, Partner, Head of Real Estate PracticePaul Kusmierz, Managing DirectorKarol Bartos, Vice President - Asset and DevelopmentManagementMirosław Januszko, Vice PresidentMichał Sęczkowski, AssociateHubert Steinwender, Project DirectorIwona Stemka, Real Estate DirectorKatarzyna Klimkiewicz, Partner130Eurobuild Awards 2010

Nominated projects + winnerCrown Square, Warsaw, Ghelamco PolandWINNERCrown Square is a part of the Crown Investments complex. The project was financed from a loan grantedto Ghelamco by Bank Pekao SA and delivered to the market in Q2 2010. It has just, this November,obtained the BREEAM certificate, one of the first to be awarded in Poland and joining another Ghelamcoproject with the certificate, Trinity Park III. Crown Square offers 16,000 sqm of rentable officespace designed in accordance with the highest modern efficiency standards. Due to its excellent citycentre location near a future metro station and high quality of the space, it has attracted many internationaltenants e.g. GATX, NIKE Poland and Oracle. Crown Square is one of the few Warsaw projectsthat emerged in the time of the office market slowdown. The building is a modern A-class project offeringhighly efficient and comfortable business solutions. The flexible space available can be adaptedto tenants’ individual requirements. The project is characterized by the most modern technical facilitiessuch as raised floors, BMS, central air conditioning and ventilation systems. The final part of the intricatecertification process is currently taking place and will be completed in the next few months.Park Postępu, Warsaw, Echo InvestmentEcho Investment SA is among the largest investment and development companies with Polish capital,quoted on the Warsaw Stock Exchange since 1996. Park Postępu is a modern A class office complexconsisting of 4 buildings connected by the ground floor and located at the junction of Postępu andDomaniewska streets. Each of the buildings has 7 overground storeys and 2 underground storeys. All-in,Park Postępu has approximately 34,000 sqm of usable area and will have more than 800 parking places.Designed by architectural design studio APA Wojciechowski, Park Postępu is practical and modernboth in terms of architecture and economy. Glass facades guarantee excellent lighting at the same timecreating a feeling of unlimited space. Ergonomic construction is highlighted by the first floor cuttinginto the ground floor, and characteristic, colourful facades make the building easily recognizable andvisually attractive. Functional layouts of floors provide freedom and flexibility of office arrangement.Eurobuild Awards 2010 131

The Ultimate VerdictPoleczki Business Park, Warsaw, UBM Realitätenentwicklung AG,CA Immo InternationalUBM is an Austrian company operating in 14 European countries. The UBM Group acts as real estatedeveloper. Projects include: Intercontinental, Hotel Andels Łódź and Radisson Wrocław. CA Immo, isan ustrian company investing in property development. The scheme is a 210,000 sqm space, 45,000 sqmphase 1, class A, multi/use project – offices, retail, business/service space; conference centre, long-stayhotel, underground and surface parking places, logistic centre, and recreation area. The biggest businesspark in Poland and Central Europe, the scheme has been designed to provide tenants with multi-functionalsolutions in one complex, offering the possibility of leasing more space as they grow. Low-rise,modern construction surrounded by green areas, with a network of internal roads and a nearly unlimitednumber of parking spaces (3163). Located close to the airport, it has a great infrastructure: new roads S2and S79. Free shuttle bus to metro station. Applying for LEED Certificate for 2nd phase.Quattro Business Park Budynek A, Kraków, Grupa BumaThe Buma Group has been operating on the housing market in Kraków since 1991. For almost 20years, the company has constructed more than 1,700 apartments, 300 single-family houses, as well asoffice buildings with total leasable space of over 69,000 sqm. Among numerous housing and commercialprojects completed by the company are: Rondo Business Park, Buma Square Business Park,Onyx Office Building, the exclusive “Zaułek Onyx”, and modular Bumati homes. Building A, the firstof of four Quattro Business Park tower buildings, has 12 000 sqm of leasable space. The main tenant isCapgemini Polska with 10,000 sqm. Over 800 sqm of office space was leased out to Berner. The complexis composed of four office buildings. Overall leasable area amounts to 48,800 sqm. The facility is locatedat Gen. Bora-Komorowskiego Avenue, and constitutes a value added for the northern part of Kraków.The creation of such a big, modern office building will make it possible to considerably boost the developmentof the district. Cooperation with Kuryłowicz and Associates as well as a careful selection ofsupreme-quality materials contribute to the high comfort of solutions that are offered to tenants.132Eurobuild Awards 2010

Sterlinga Business Center, Łódź, HinesHines is a privately owned real estate firm involved in propert investment, development and propertymanagement worldwide. The firm’s portfolio of projects includes 1,119 properties representing more than457 million sq ft. With offices in 100 cities in 17 countries, Hines is one of the largest real estate organizationsin the world. Hines’s regional office in Poland was established in 1997 in Warsaw. The total rentablearea of Sterlinga Business Center is 13,421 sqm. Pekao SA provided the financing and Cushman & Wakefieldis the leading agent. Tenants so far include Philips Polska, Nycomed Pharma, Budimex SA, PlanoInvest and Arboretum. SBC is the most modern office building in Łódź. Due to its efficiency and functionalityit offers the possibility to upgrade standards together with optimization of costs. A glazed façade,optimal structural depth, ventilation and air-conditioning systems (HVAC) based on ,,free-cooling’’ technology,as well as energy saving lighting, make SBC sustainable (awaiting BREEAM Cert.).Zebra Tower, Warsaw, S+B GroupThe project’s investor is S+B Plan und Bau Warschau Sp. z o.o. Both companies are under parent companyS+B Gruppe AG, which has over 25 years experience in Europe. The group has succesfully constructedc. 790,000 sqm of useable surface worth more than 2 billion Euros. First class quality, functionalityand a skilful choice of location makes S+B Group a partner for major companies. Our firstPolish project is Zebra Tower. Zebra Tower is A-class office building located in the centre of Warsawcity, opposite the Politechnika Metro Station. Total rentable space of the building is 17,814 sqm. Thebuilding consists of 14 floors, two floors are double and connected with the inner entresol. The groundfloor has such services as a coffee shop, French bakery, newspaper kiosk and a bank. In the building thereare also two underground floors with parking for 124 cars. Zebra Tower fulfills all the requirements ofa contemporary investor. Perfect location in the city center provides quick access to the airport (15 minutes.),Central Station is 5 minutes. Proximity to the Politechnika Metro Station means you can avoidthe traffic jams and allows for green transport. What distinguishes Zebra Tower office space is the fullfit out included in rent as well as favourable financial conditions. Construction of the project accordingto green building standards will soon be confirmed by the LEED certificate. The great form and uniquegold facade designed by Ernst Hoffman studio is breathtaking.Eurobuild Awards 2010 133

The Ultimate VerdictSustainable Developer AwardSponsorJuryAPA Wojciechowski architekci Szymon Wojciechowski, PartnerArch MagicPaweł Graliński, PresidentArupAndrzej Sitko, DirectorAvestus Real EstateMaciej Gołębiewski, Director of Leasing and MarketingEuropolisBartłomiej Hofman, Managing DirectorHadartMagdalena Hadała, CEOHogan LovellsJolanta Nowakowska-Zimoch, Head of Real Estate DepartmentLinklatersArtur Kulawski, Partner, Head of Real Estate PracticeMGPAKarol Bartos, Vice President - Asset and DevelopmentManagementMaster ManagementPaul Kusmierz, Managing DirectorPolish Green Building Council Agnes Vorbrodt-Schurma Founder, CEO and Vice PresidentPolonia Property Funds Mirosław Januszko, Vice PresidentRolfe JuddMichał Sęczkowski, AssociateRS Architektura Kajobrazu/Pleneria Dorota Rudawa, RSAK owner /Pleneria partner of designdepartmentTUP S AJoanna Wis-Bielewicz, Project DirectorNominated companies + winnerGhelamco PolandGhelamco is the first company in Poland awarded with Europe’sleading ecological certificate, BREEAM, for TrinityPark III office building, which has achieved a highly effectiveecological performance and results. BRE Global appreciatedthe project’s sustainable management, energy and water consumption, the air quality, use of eco-friendlymaterials and comfortable working conditions. From the planning phase Ghelamco set great store inthe project’s eco-efficiency. All of its latest investments meet the required ecological standards, and on17th November Ghelamco obtained its second BREEAM certificate, for Crown Square in Warsaw. Thecompany is currently finishing the intricate certification process for its next project: Katowice BusinessPoint. The process will be completed soon.134Eurobuild Awards 2010

Panattoni EuropePanattoni Europe is part of the Panattoni DevelopmentCompany, (based in Sacramento, CA, founded in 1982)a commercial real estate expert specializing in industrial,office and retail projects. Panattoni Europe has been present in Poland since 2005.Protecting the environment is one of Panattoni’s key priorities. The company feels responsible forthe natural environment, which is why it continues to devise solutions lowering the operating costs ofbuildings and reducing the emission of carbon dioxide. The building constructed for H&M in Poznanwill be the first facility in Panattoni’s portfolio acknowledging wide-range ecological solutions. Solarpanels are to be installed on the roof and used for heating water. There will be more natural light insidethe facility enabling it to save power during the day. The building will be equipped with a rainwaterrecovery system. PCV and foamed polystyrene will not be used as construction materials.PointPark PropertiesPointPark Properties (P3) is a wholly-owned subsidiary of Arcapita IndustrialManagement Sarl, the specialist logistics real estate investmentmanagement company. 3P was formed in 2001 and began its operationsin Poland in 2007. Eco-friendly attitude to development. Considerationof environmental issues in order to construct distribution parks with energyself-sufficiency. P3 uses in its projects in CEE environmentally friendly materials, for exampleautomatic systems of solar panels.Skanska Property PolandWINNERSkanska Property Poland is a leading commercial developer,operating in Poland since 1997. It belongs to Skanska Group,a world leader in construction and development. Its portfolioof delivered office projects includes the first GreenBuilding certified projects in Poland, Deloitte House,part of the Atrium Complex along Jana Pawla Avenue, Marynarska Point in Warsaw, and GrunwaldzkiCenter in Wroclaw. All future commercial projects of Skanska will be both GreenBuilding and LEEDcertified to ensure compliance with latest environmental standards, energy efficiency and healthy workingenvironment. Skanska has received LEED silver certification for its office and the highest Platinumprecertification for the newest office project Green Towers in Wrocław.Eurobuild Awards 2010 135

The Ultimate VerdictBest Municipal ProjectJuryAPA Wojciechowski architekciArch MagicArupAvestus Real EstateAxis Real EstateBrittain Hadley Real EstateChadbourne & ParkeClifford ChanceCMS Cameron McKennaDeutsche Pfandbriefbank AGDoradztwo InwestycyjneECE Projektmanagement PolskaEcho InvestmentEuropolisGhelamco PolandHogan LovellsKnight FrankLinklatersOrco Property GroupPolonia Property FundsPwCREAS Residential AdvisorsRolfe JuddSegroTPA HorwathTUP S AVon der Heyden GroupWAMM ConsultingSzymon Wojciechowski, PartnerPaweł Graliński, PresidentAndrzej Sitko, DirectorMaciej Gołębiewski, Director of Leasing and MarketingRenata Osiecka, Managing PartnerJohn Palmer, Director of Real Estate ServicesMariusz Stawiarczyk, PartnerDaniel Kopania, Partner, Head of Real Estate, Construction andInfrastructure DepartmentDominika Uberman, Partner, Head of Banking & InternationalFinance Department AdvocateDieter V. Knittel, Director, EuropeBarbara Majewska, OwnerRoman Tomala, Head of Local OperationsDariusz Anisiewicz, Planning and Administrative ProceedingsSpecialistBartłomiej Hofman, Managing DirectorJeroen van der Toolen, Ghelamco Managing Director CEEJolanta Nowakowska-Zimoch, Head of Real Estate DepartmentDorota Latkowska, Partner, Head of Capital MarketsArtur Kulawski, Partner, Head of Real Estate PracticeAlicja Kościesza, Sales & Marketing Director for PolandMirosław Januszko, Vice PresidentAdam Żołnowski, DirectorKazimierz Kirejczyk, PresidentMichał Sęczkowski, AssociateMagdalena Szulc, Business Unit Director Central EuropeKatarzyna Klimkiewicz, PartnerJoanna Wis-Bielewicz, Project DirectorSven von der Heyden, ChairmanWłodzimierz Moczydłowski, Managing Director136Eurobuild Awards 2010

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The Ultimate VerdictNominated projects + winnerThe Copernicus Science Centre, Warsaw (2010)WINNERThe Copernicus Science Centre building stands by the Vistula River in the very heart of Warsaw (abovethe Wisłostrada tunnel). In June 2008 Warbud S.A. won the construction tender, with work starting inJuly the same year. The opening of the first part of the building – with the following exhibitions: On themove, Humans and the Environment, LightZone, Roots of Civilization, Buzzz! – has recently opened,with the second part, the Youth Gallery, due to open in 2011.The building was designed by young Polish architects from the firm RAr-2 in Ruda Śląska, who wonthe architectural competition to design the centre in December 2005. Their project has garnered manyaccolades – the building design is often noted to be superbly suited to the surrounding landscape, enhancingand underscoring the character of the Vistula embankments.The Centre comprises:• a two-story building with total floor-space of 15,000 sqm, to house permanent and temporary exhibitions,laboratories and workshops, a conference centre, cafes and restaurants, plus office space anda distinctive rooftop garden• an underground garage and workshop• a multimedia planetarium housed within an intriguing boulder-shaped building, including an observationdeck• a surrounding Discovery Park, including open-air experimentation stations, an outdoor art gallery, andan amphitheatre.The Copernicus Science Center is an important addition to Warsaw’s cultural life and will help promotethe city.Dance Parking, Kielce (2009)The investor, the owner and the administrator of the building is the Municipal Services Company whichbelongs to Kielce City 100%. Multifunctional parking in the heart of the city, dimensions: 62,10m x58,83m (P) 59,75m x 7,96m (service and exhibition area), height 11,94m, 4 floors, 3 ground floors. Size:138Eurobuild Awards 2010

32, 535m³ + 4 295m³, total area 12,144m². 382 parking places. Dance Parking sets the historic part ofthe city center free from traffic, eliminating at the same time the industrial character of such type ofbuildings. Cultural functions have been placed there: the school of Kielce Dance Theater, exhibitionspace, social initiatives space. The unique atmosphere of this place has also been created by originalfacades partly covered by water curtains lit up at night. These sculptures attract the attention of inhabitants,as do the school dance shows inside and outside the building. In the future screens for broadcastingevents, and modern audiovisual art will be placed there.Development of the Northern Tip of Granary Island, Gdańsk (2015)90% owned by the City of Gdańsk, 10% by others. There is the possibility to extend the project inthe future – property owned by private investor. Project is closed for now. The City of Gdańsk has signedthe preliminary shareholders’ agreement with Polnord SA, the company selected in a competition procedure.The agreement concerns the development of the northern tip ca. 2.6 ha in area, untouched sincethe end of World War Two. The site lies directly on the extension of the Royal Route running alongLong Street [Długa] and Long Market [Długi Targ], in the highly attractive and prestigious neighbourhoodof the city. Multifunctional project will create a new quality in the historic city center of Gdańsk.It will add a new life to the existing structure of the city by designing commercial and public functions,including the amber museum. New housing function will deliver more new inhabitants in the city centerand the revitalisation of the wharf will reconstruct the historical waterfront of the city.The Malta Lake Thermals (Termy Maltańskie), Poznań (2011)Termy Maltańskie Ltd. is a company founded for the construction of this sport and leisure centre witha hotel. The City of Poznań owns 831.682 shares, value 41,584.100 PLN (99.94%) and Biuro ProjektówDeyle Polska Sp. z o.o.has 510 shares, value 25,500 PLN (0.06%). The complex will consist of Olympicswimming pools with a viewing capacity of 3900 seats, and an aquapark with water attractions. It willalso include the World of Saunas, with internal and external saunas,a wellness zone, and bowling andfitness. The location of the complex at the Malta Lake is its definite advantage, as are its modern architecture,latest specifications in terms of functionality, equipment and interior design. The project hasEurobuild Awards 2010 139

The Ultimate Verdictmany attractions, a wide range of services to be offered, excellent client services and technical infrastructure.The complex will be suitable for organizing national and international competitions. The projectinvolves the latest practices in terms of maximizing economic use of utilities, and reducing any adverseimpact it might have on the environment by the use of renewable resources and a nationally innovativeair ventilation system installed in the swimming halls.Water Sports and Recreation Centre in Olsztyn (2011)The project is co-financed by Municipality of Olsztyn and European Union. The purposes of the objectinclude sports, recreation, rejuvenation and swimming competitions with audience capacity of up to1500 people. The centre is designed also for disabled persons. The underground will hold a two-levelparking for 238 cars. The plan is to divide the Water Centre into sports section (Olympic, warm-upand learning swimming pools), recreation (recreation swimming pool of various shapes with massagefacilities, paddling pool, artificial river, under-water massager tubs with heated water and two slides) andrejuvenation section (rejuvenation salon and sport and recreation rooms).The investment will allow the city to organize events of international level and will create a professionaltraining facilities for young athletes. It is the most awaited investment by the inhabitants of Olsztyn,catering for both recreational and sporting needs.The Oskar Kolberg Music School in Radom (existing)The school is located in the center of Radom adjacent to a park. The project co-financed by EU funds.The use of modern installations of ceilings, walls and floors means the school meets the most demandingof acoustic standards. The merging of the primary and secondary Music School resulted inthe Oskar Kolberg music school in Radom in 2003. Part of the building at Kilińskiego Street wasgiven by the city. The school has a concert hall for 500 people and one for 100 people. Both halls haveincredible acoustics, prepared and designed specifically for the requirements of our investment and,according to Krzysztof Penderecki, is the best in Europe and one of the best in the world. In additionto educating children and young people it serves as the school’s cultural and social center, with itsown gym, and locker rooms. The school educates students in three classes of teaching: primary school,140Eurobuild Awards 2010

grammar school and general education. It has both a modern and timeless design as well as a historygoing back to 1945.The Sopot Train Station renovation project (2015)Partners involved in the Project: Local Authorities of the Municipality of Sopot & PKP SA, PolishNational Railways. The two act jointly, based on an agreement. The City of Sopot has freehold title ofthe land. The project will consist of a retail and commercial complex based around the railway stationin this prestigious part of the city. In Poland the subject of PPP isn’t entirely clear, although it has beenthe subject of several studies. There haven’t been many infrastructure projects carried out in the PPPformat yet, therefore we have had to work with western PPP examples and practices, e.g. from GreatBritain. Poland needs local pilot projects and the Sopot project is exactly this. Polish National Railwayshas not yet conducted this type of investment on its properties either. It is therefore the first time thattwo such entities have been looking for solutions which could be used by other local authorities.Yatenga Museum – Meet Cultures of the World, Żory (2015)The Project has been under development since 2008. The ideological and architectural basis was createdto chime with the image of the product. Implementation of the project was undertaken withinthe structure of PPP. The project is the property of Żory Town. Yatenga Project is planned as an ecologicallyinnovative architectural idea created for the needs of ITEK Institute of Technology Entertainmentand Knowledge. It will be a museum-scientific complex with a hotel and restaurants. The YatengaProject aims to create a unique place in terms of architecture and its purpose, a place in which architectureand what happens inside complement each other. The project sets a precedent in terms of ecologicalarchitecture on such a scale, and due to its ecological character it is a beacon in one of the most ecologicallydamaged regions of Europe. It has the potential to become a model project combining cultural,educational and promotional activities for the protection of the environment and ecological lifestyle.The novelty of the project and its unique character on the European scale will allow for the promotionof the town, the region and Poland on the international scene.Eurobuild Awards 2010 141

The Ultimate VerdictRICS Regeneration AwardSponsorJuryAPA Wojciechowski architekci Szymon Wojciechowski, PartnerArch MagicPaweł Graliński, PresidentArupAndrzej Sitko, DirectorAvestus Real EstateMaciej Gołębiewski, Director of Leasing and MarketingAxis Real EstateRenata Osiecka, Managing PartnerBerlin Group SARobert Friedrich, CEObnt Neupert Zamorska & Partnerzy Małgorzata Zamorska, Barrister/Attorney at Law, PartnerBrittain Hadley Real Estate John Palmer, Director of Real Estate ServicesBZ WBK AIBŁukasz Maciak, Director, Commercial InvestmentChadbourne & ParkeMariusz Stawiarczyk, PartnerClifford ChanceDaniel Kopania, Partner, Head of Real Estate, Construction andInfrastructure DepartmentColliers InternationalIan Elliott, Director of Retail Solutions, WarsawDeutsche Pfandbriefbank AG Dieter V. Knittel, Director, EuropeDoradztwo Inwestycyjne Barbara Majewska, OwnerECE Projektmanagement Polska Roman Tomala, Head of Local OperationsEuropolisBartłomiej Hofman, Managing DirectorGhelamco PolandJeroen van der Toolen, Ghelamco Managing Director CEEHadartMagdalena Hadała, CEOHogan LovellsJolanta Nowakowska-Zimoch, Head of Real Estate DepartmentIntegrated Finance Group George Mula, Principal & ChairmanKnight FrankDorota Latkowska, Partner, Head of Capital MarketsLinklatersArtur Kulawski, Partner, Head of Real Estate PracticeMayland Real EstateYann Guen, Vice-President & Member of the BoardPanattoni EuropeRobert Dobrzycki, Managing Partner for Central EuropePolonia Property Funds Mirosław Januszko, Vice PresidentPwCGrazyna Wiejak-Roy, ManagerRolfe JuddMichał Sęczkowski, AssociateRS Architektura Kajobrazu/Pleneria Dorota Rudawa, RSAK owner /Pleneria partner of designdepartmentSkanska Property Poland Nicklas Lindberg, Managing DirectorTPA HorwathKatarzyna Klimkiewicz, PartnerTUP S AJoanna Wis-Bielewicz, Project DirectorVon der Heyden Group Sven von der Heyden, ChairmanWAMM ConsultingWłodzimierz Moczydłowski, Managing Director142Eurobuild Awards 2010

gatheredunder one roofdevelopmentconsultancycapital& equity raisingmarketresearchvaluations& feasibility studiesland acquisitions& salesAs the leading residential market advisor, REASoffers its clients comprehensive market knowledgeand practical advice based on 13 yearsof experience. Only during the five previous yearswe worked for nearly three hundred developers,investors and banks, effectively supporting them inthe process of planning and implementation of theirresidential investments. As a strategic partnerof Jones Lang LaSalle, REAS provides servicesto clients across the CEE region.For more information call +48 (22) 380 2100 or visitour website www.reas.pltailored solutionsfor residential investorsEurobuild Awards 2010 143

The Ultimate VerdictNominated projects + winnerandel’s hotel Łódź, Warimpex Group, 2009Cotton mill converted into 4 star design hotel, one of the icons of the City of Lodz, evoking the spirit ofthe great past of the city called ‘The Polish Manchester’. The atmosphere is created by dialogue betweenhistorical aura and contemporary architecture, by preserving cast-iron beams and pillars, steel-brick ceilingsand façades. The outstanding glass box on the roof overpack the swimming pool placed in a formerfire water tank. Under the new elegant surface of the roof there is fitness, a wellness center, event spaceand sun terraces. On the 4th floor is a 1300 m², double-storey ballroom.Warimpex is a property development and investment company based in Vienna with offices in Budapest,Prague, St. Petersburg and Warsaw. Over 25 years Warimpex has developed properties worth overone billion EUR. Warimpex owns twenty-one business and luxury hotels totaling over 5,000 rooms, aswell as several commercial and office buildings. Warimpex is listed on the Vienna and Warsaw stockexchanges.Dom Dochodowy o Trzech Frontach, Warsaw, Platan Group, 2002Dom Dochodowy o Trzech Frontach is located on Plac Trzech Krzyzy, one of the most prestigiousplaces in Warsaw. Three historically separate buildings have been linked together. These historic buildingswere revitalized and restored in accordance with conservation guidelines. All the buildings werecombined in a way that ensures maximum flexibility in arranging retail and office space. In the internalcentral courtyard there is a spacious patio, an excellent meeting place for cultural events.Platan Group is a Polish real estate development company which has been on Warsaw commercialproperty market for over 10 years. The company has developed properties totaling over 117,000 sqm.Platan Group provides complex management of the buildings. Properties constructed by Platan Grouphave been awarded several prizes. Dom Dochodowy Sp.z o.o. is the owner of Dom Dochodowy.144Eurobuild Awards 2010

Jabłonowski Palace on Plac Teatralny, 1997-1999The Jabłonowski Palace, designed by Jakub Fontana and Domenico Merlini, was built in 1773-1785 forAntoni Jabłonowski. From 1817 to 1939, the palace had undergone numerous modernizations. In 1952,a decision was made to pull it down due to the damage suffered during the Second World War.Whenrebuilding the palace, BRE Bank preserved its historical look. The tower and the facade retained theiroriginal shape. The remaining elevations were built in a contemporary style. This stage of works lastedfrom 12 January 1996 to 6 March 1998.The second stage of the investment involved further reconstructionof the northern frontage – the former complex of the Canonesses and the Brun’s House. The workshad been carried out from 23 December 1997 to 9 July 1999.Commerzbank AG, the present owner of the building, ranks among the largest financial institutions inGermany. Commerzbank is the majority shareholder of BRE Bank. Bouygues SA, a French developerresponsible for the reconstruction, specialises in the field of construction, public works, restoration andconservation. In Poland, the investments completed by Bouygues include Saski Business Park and WolaPark Shopping Centre.Manufaktura, Łódź, Apsys 2006WINNERThe Manufaktura project unites the past with the present, it connects the historical look with a moderndesign, creating a new image. Next to the old brick walls there is a façade made of glass, build asan entrance of the shopping mall. The interior has been designed to remind about the history of Lodz.Although the latest technological solutions appeared in this project, the original historical structure ofthe place has been preserved. The redevelopment did not change the façades, so the unique atmosphereof the place did not vanish. It is still a place where the time has stopped...APSYS Polska specializes in shopping center management and creation of modern, IV generation centers.Apsys has been operating on polish market since 1997. During this time Apsys has become a leaderin the commercial estate market.Eurobuild Awards 2010 145

The Ultimate VerdictPolonia Palace Hotel, Warsaw, Hotele Warszawskie Syrena, 2004Polonia Palace Hotel, located in the true heart of Warsaw, offers 206 rooms and suites, 8 elegant meetingrooms with high-tech audio-visual equipment including the most picturesque Ludwikowska Ballroom.Strauss Restaurant and Bojangles Bar & Lounge with the swing music provide the quality oriented diningexperience. All public areas feature access to wireless LAN. Polonia Palace Hotel has been an architecturallandmark of Warsaw, where the great tradition of European hospitality lives on bringing backthe charm and style of a bygone era.Hotele Warszawskie “Syrena” has a long tradition and up to mid-1997 belonged to the Capital City ofWarsaw. Today 99% of share level belongs to a joint venture Bau Holding Strabag with Raiffeisen Centrobank,who invested over 30 milion Euro in Polonia Palace Hotel renovation (finalized in 2004).146Eurobuild Awards 2010

ealresultsSo far this year we have leased more than800,000 square meters of industrial spaceto 75 customers in Central & Eastern Europe.If we can find that much space for that manydifferent needs, we can find it for you.ProLogis Park Błonie, PolandContact us to see how we can help you:+48 22 218 36 00www.prologis.com/realPOL103928relationshipsserviceinnovationexperienceThe leader in industrial real estate