Competitive labor costs Source: Statistical Offices

Office space in Łódź Competitive office lease combined with A and B+ class office buildings

Office space in Łódź Modern stock office in Łódź (A/B+, B) is currently approx sqm Additional sqm will be available in 2010/2011 (including class A office space) The office space is concentrated in the City centre sq m of the total office space in Łódź has standard A Prime headline rents in Łódź are 14 – 15 EUR/sqm (10 EUR/sqm for B/B+ class) There is a trend of increasing supply of the A grade office space Large number of old post – industrial buildings dating back to the 19th century have been revitalized and adapted for office purposes 2009 ended with a high vacancy rate (around 20%) but the competitive office lease costs and many non – rent incentives given by the developers encourage more and more companies into the City and make it very attractive for investors searching for office space with a short time – frame Source: Team analysys