E&L Architects – architect

HOCHTIEF Polska Budokor Unit – general contractor

EC Harris - project manager

Jones Lang Lasalle – letting agents


In June 2008 the building was sold to Commerz Real, the German fund.



Tulipan House comprises 17,800 m2 of modern office space on four levels. The floors are all column free with 4,500 m2 each allowing simple and efficient arrangement of space. Car parking for 497 parking places is located on two underground levels.



The building is almost totally leased to tenants including companies such as Aster, ACP Pharma, A2, Akzo Nobel, Ernst & Young, Legrand, Guest-Tek, TP Emitel, Roti, Huawei and Kodak.



Tulipan House is located in Mokotów, in the centre of a thriving business area of Warsaw. The location allows easy access with both public and private transport. An additional advantage of the Tulipan House location is the proximity of the international airport Okęcie, plus easy access to the city centre and to main domestic roads.



The office building was designed by E&L Architects studio. Tulipan House stands out as a unique architectural work – the building having been designed on the plan of a flower and providing the optimal amount of natural light with a 14 m glass atrium giving the building its thoroughly modern look. The surface of the building is an interesting and aesthetic combination of sandstone, travertine and glass.


About developer:

SEGRO is the leading provider of flexible business space in Europe. Headquartered in the UK, SEGRO is listed on the London Stock Exchange and on Euronext in Paris. The company is a UK Real Estate Investment Trust („REIT”) with operations in ten countries, serving a diversified customer base of over 1,800 customers and a worldwide portfolio of 4,400,000 sqm. SEGRO has established strategic locations in major regional centres of Poland, namely in Warsaw, Poznan, Strykow, Lodz and Gliwice. Since entering the Polish market at the beginning of 2006, SEGRO has acquired 220 ha of land and delivered 270,000 sqm of warehousing, with another 180,000 sqm of office and warehouse currently under construction. For further information please visit www.segro.com.



About general constructor:

HOCHTIEF Polska is a fully owned subsidiary of HOCHTIEF Construction. The company has specialized in the construction of office, public, residential and industrial buildings as well as shopping and entertainment centres. Furthermore in roads, bridges, tunnels, rail and seaport infrastructure plus environment conservation utilities. HOCHTIEF Polska has exceeded the classical construction business (named ConTrust) and offers property development for medium and small residential as well as commercial buildings (named FormArt). The company currently employs nearly 900 people and operates via a network of divisions and representatives in Warsaw, Gdańsk, Poznań, Wrocław, Kraków and Katowice. Further information is available at www.hochtief.pl.



About letting agents:

Jones Lang LaSalle (NYSE: JLL), the only real estate money management and services firm named to Forbes magazine's "400 Best Big Companies" for three consecutive years, has approximately 180 offices worldwide and operates in more than 700 cities in over 60 countries. With 2007 revenue of $2.7 billion, the company provides comprehensive integrated real estate and investment management expertise on a local, regional and global level to owner, occupier and investor clients. Jones Lang LaSalle is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.2 billion square feet worldwide. LaSalle Investment Management, the company's investment management business, is one of the world's largest and most diverse real estate money management firms, with approximately $54.0 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.



About owner:

Commerz Real AG, a fully-owned Commerzbank subsidiary, forms part of the Group's Commercial Real Estate segment. With 44 billion euros in assets under management, Commerz Real is one of the world’s largest real estate asset managers and providers of leasing and investment solutions. Business focus is the provision of investment products, such as open-ended and closed-end real estate funds, institutional property funds, REITs, closed-end funds for ships, aviation, and renewable energy. The spectrum of services includes moreover the area of structured investments, which combines the activities of real estate leasing, big ticket leasing, and structured financings, as well as equipment leasing.

Further information:

Danuta Dzierżak

SEGRO

Slough Estates Group

Centrum Zielna

Zielna St. 37

00-108 Warszawa

tel. +48 (22) 338 66 16

fax +48 (22) 338 64 30

danuta.dzierzak@segro.com