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Magnusson Advises Immobel Poland on Central Point Construction

Magnusson Advises Immobel Poland on Central Point Construction

Poland
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Magnusson has advised Immobel Poland on its entrance into a contract with Warbud S.A. for the first stage of construction of an office building located in the center of Warsaw.

The 21-storey Central Point building will be located atop the only intersection of metro lines in Warsaw, at Marszalkowska and Swietokrzyska streets. The first stage of construction is expected to be completed by August 31, 2018.

“The location atop the only intersection of metro lines in Poland requires us to carry out a number of industry consultations with numerous parties," said Immobel Poland CEO Jacek Wachowicz. "A key part in the dialogue is obviously played by the Warsaw metro, but in order to ensure that the project proceeds efficiently, we have also brought in scientists from the Krakow University of Technology, Warsaw University of Technology, and ITB, as well as BWL and Metroprojekt - some of the best design studios in Poland. Also, the contractor of the first part of the facility was not selected randomly. Warbud SA has demonstrated the knowledge of technology and know-how vital for such a demanding project."

The Magnusson team was represented by Warsaw-based Partner Przemyslaw Kastyak.