On May 21, 2002 at 12:00 a.m., Erection Act has been built into the foundations of the “Liberty Corner” office building at Mysia 5 street, future headquarters of the Polish Press Agency. The Erection Act was signed by: the Primate of Poland – Cardinal Józef Glemp, Jolanta Szymanek – Deresz – Head of the Chancellery of the President of the Republic of Poland, president of Warsaw – Wojciech Kozak, the Marshal of Sejm – Marek Borowski, and the Hosts of the ceremony: Mr Sven von der Heyden – president of Von der Heyden Group and Robert Bogdański – president of PAP. Blessing of the building under construction was done by the Warsaw bishop Piotr Jarecki.

“Liberty Corner” owned by Von der Heyden Group and PAP is being constructed at the place of former Censorship Office. The Censorship Office was demolished in autumn 2001, however, its parts will be used for decoration in the new office building.

Von der Heyden Group, developer of Liberty Corner and Prima Court office buildings in Warsaw, is pleased to announce newly signed lease agreements. The following companies have chosen the very centre of Warsaw for their headquarters:

In Liberty Corner:

1. Instituto Valenciano de la Exportacion, IVEX S.A. – Valencian governmental institution for the promotion of companies and products of the Valencian Community in foreign markets and attract foreign investment. Liberty Corner is IVEX’s second largest office in the world;

2. Nicolas Neumann – Nicolas Neumann Interiors Sp. z o.o. is a Polish subsidiary of a reputable German interior design office and retailer. The company has a long established history of cooperating with well known producers of furniture, textiles and house commodities such as Kroncke, Lambert, Fendi, Marktex and many more. Although most of the clients originate within southern Germany, with its main office in Gmund am Tegernsee near Munich, the Polish company has been established in recognition of the growth potential of the Polish market. The company in Poland offers interior design and planning services as well as advice and sale of quality furniture and accessories.

Liberty Corner is situated in the very centre of Warsaw, at the corner of Mysia and Bracka Street close to the historical Plac Trzech Krzyży. In the immediate vicinity one can find the Warsaw Stock Exchange, international embassies, ministries and other government buildings as well as a Sheraton Hotel.

Liberty Corner was finished in June 2003 and it’s the first office building in Poland designed without structural columns, ensuring extra natural light, and providing more flexibility for the space planning. The building is designed in two independent parts. One section has been recently sold and serves as the headquarters for the Polish Press Agency (2,500 sqm). The second building is designed as a stand-alone space that is ideally suited for the office seat of an international organization.

Liberty Corner offers a state-of-the-art telecommunications system, 4-pipe air conditioning system with a separate floor by floor regulation as well as possibility of opening windows, and an advanced Building Management System (BMS)- to control and monitor all the engineering services. High standards of finishes including high windows made of Canadian cedar wood, walls finished in highs quality of bottocino marble create the comfort and elegance.

Apart from the above new leases, Tenants include also the Von der Heyden Group (187 sqm), and Knight Frank Nieruchomości (360 sqm). Knight Frank Nieruchomości has been involved in securing finance for the project and is the leading agent of this project.

Currently available office space comprises of 4.300 sqm and 44 parking places.

In Prima Court:

1. BPP Professional Education Sp. z o.o. – one of the biggest training business professionals company in Europe set up in London thirty years ago. It employs over 2000 people and has an annual turnover of over GBP 100 millions. It specializes in training courses for ACCA, CIMA and CIM;

2. HY Investment Polska Sp. z o.o. – a subsidiary of UK based HY Investment, Ltd. HY Investment is the vital local point for the margin trading services provided by the Henyep Financial Group. HY Investment and the Henyep Financial Group, have together over
55 representative offices all over the world and provide service to the main financial world centers;

3. Sanchez Computer Associate Polska Sp. z o.o. – An American company, a global leader in developing and marketing scalable and integrated software and services that provide banking, customer integration, brokerage and wealth management solutions;

4. DKV Euro Service Polska Sp. z o.o. – a subsidiary of a German company operating throughout Europe since 1934, a market leader in cashless fuel cards and other expert services for transport sector companies. It employs over 400 people and has an annual turnover of
2 billion EURO;

5. Grifols Polska Sp. z o.o. – a subsidiary of a Spanish pharmaceutical company, it provides consultancy services in running business and management;

6. First Public Relation Sp. z o.o. – FIRST Public Relations was set up in 1990 and is the oldest PR agency on the Polish market. It serves mostly large corporations and provides them with comprehensive, long-term communication strategies which include, among others, media relations, internal communication, and crisis communication. It is the only Polish PR agency with its own EU office and it belongs to two international PR networks: Eurocom Worldwide and International Public Relations Network.

Prima Court is a cosy A class office building (rentable office area of 4.173 sqm) with an underground car park and a private courtyard with a garden which is exclusively for tenant’s use. At Prima Court you can find there an exceptionally elegant lobby with an extensive reception area. Flexible space can be easily divided and the building is finished to a high standard to provide extraordinary comfort.

Prima Court is located in the heart of Warsaw at Nowogrodzka 68 Street.

Currently available office space comprises of 2.287 sqm and 47 parking places.

Von der Heyden Group, the developer of Liberty Corner, an A class office building in Warsaw recently voted ”Building of the year 2003” by the Polish Association of Civil Engineers and Construction Technicians, the Ministry of Infrastructure and the General Office of Building Control, is pleased to announce the signing of another lease agreement. The Embassy of Ireland has chosen Liberty Corner for it’s headquarters. The lease term is 10 years.

Von der Heyden Group would like to express gratitude to the Ambassador Mrs Thelma M. Doran, and Mr Conleth Brady, Third Secretary for their trust and productive involvement to reach an agreement in record time.

Sven von der Heyden said: “We are very proud to have gained another superb Tenant for our building, as it confirms the highest quality of space and security offered by Liberty Corner. I believe that this transaction will certainly give Liberty Corner the necessary push to fill the building up until summer 2005”. He added: ”it is an honor to house the Embassy of Ireland, in particular given our already existing strong links with the Irish business community in Poland”.

The Lease Agreement was signed on September 9, 2004 and occupancy is scheduled for December 15, 2004. The total leased office space is 672 sqm which represents one full floor.

Visit Liberty Corner on net: www.libertycorner.pl

Von der Heyden Group (VDHG) announced today that it has formed a new partnership to own and operate the 18 month-old Liberty Corner building in Warsaw’s historic CBD. Although terms were not disclosed, von der Heyden officials said that as part of the new partnership, Luxembourg-based Accession Fund SICAV will own a 50% interest in the project. The two partners will also co-own a plot of land attached to Liberty Corner, where Accession Fund will have an option to participate in the development of Liberty Corner’s phase II together with Von der Heyden Group.

Liberty Corner is a Von der Heyden Group development, an office building with a total gross area of 12.400 mkw, of which some 4.500 mkw were developed for are occupied/owned by the Polish Press Agency (PAP). It was erected with 8 storeys above ground and two underground parking storeys. The ground floor is for retail use, whereas the rest of the building contains office space.

Von der Heyden Group will continue as managing partner of the asset and remains in the partnership as a partner/owner of the approx. 7.500 gross sqm. office building including 2 storeys of underground car parking. Knight Frank will continue as the building’s property manager and leasing agent.

”We are delighted to have gained the trust of Accession Fund and that they especially valued the high-quality, design, construction and finishes of Liberty Corner”, said Sven von der Heyden, Chairman of Von der Heyden Group. He further added ”and we do hope that this transaction is just the start of a longer relationship”.

”This is a first class development in one of the major capital cities in the new, enlarged European Union. Our partnership with VDH Group makes it a perfect combination”, said Barry McGowan, Accession Fund CEO. ”We are extremely happy with the property’s quality and design as well as its excellent tenant roster. I could not be more pleased that we are making this investment”, added Accession Fund’s Chairman, Gerd Kremer.

Accession Fund SICAV is a Luxembourg-based investment vehicle created to invest in property across the so-called Accession Countries in Central Europe. The Fund is offered to international institutional investors and is targeting a total investment volume of Euro1 bn.. The Fund is advised by GLL Asset Management GmbH, a wholly-owned subsidiary of GLL Real Estate Partners GmbH, Munich, Germany.

GLL Real Estate Partners is a Munich and New York based real estate investment management firm, was formed in 2000. GLL sponsors and manages funds, separate account portfolios, in Europe and the U.S. for European institutional investors. GLL sponsored funds own prestigious assets such as Frankfurt’s Messeturm, Morgan Stanley Spain’s Headquarters in Madrid, Marriott International’s headquarters in Washington DC and RFF’s headquarters in Paris. GLL operates through a global real estate network, offering its European investor-clients access to the world’s most important real estate investment markets.

Von Der Heyden Group completed construction of Liberty Corner in Summer 2003. The property is currently 30% leased and houses prestigious tenants such as The Embassy of Ireland, Knight Frank, the Von der Heyden Group, Jaime Mascaró and IVEX, a Spanish government owned trade promotions agency. The owners are planning to reach fully-leased status within the next 12 months.

Von der Heyden Group announced today that it has entered into a share-purchase agreement with Luxembourg-based Accession Fund SICAV – GLL-Managed Fund and sold it’s shareholding in one of its 14 Polish purpose companies: Mysia 5 Sp. z o.o. The VDHG’s subsidiary owns a prominent A+ class office building in Warsaw’s historic CBD. Accession Fund SICAV has been a 50% shareholder in Mysia 5 Sp. z o.o. since October 2004.

Although terms were not disclosed, Sven von der Heyden, von der Heyden Group’s Chairman said that: ‘selling our interest in Liberty Corner has certainly not been an easy decision, people close to us know what the building means to us. However, we are actively investing in several opportunities both in Poland and in Germany, therefore it was a logical consequence to have sold our interest to our partner Accession Fund’.

Adam Trybusz, Von der Heyden Group Managing Director in Poland said: ‘Developers don’t build buildings for themselves as parents don’t bring up children for themselves. We believe the right time to dispose Liberty Corner has come and we always try to be on time’.

‘Liberty Corner is one of the highest quality assets in Warsaw. Its consistent out-performance of the market has proven this out’ said Barry McGowan, Accession Fund CEO. ‘We were very pleased to be able to acquire the remaining 50% from our partner, Von der Heyden Group. We are very pleased with their work at Liberty and plan to continue to work with them on other projects in the future’, added Accession Fund Director, Gerd Kremer.

Von der Heyden Group completed construction of Liberty Corner in Summer 2003. The property is currently 65 % leased and houses prestigious tenants such as the Embassy of Ireland, Deutsche Bank, Knight Frank, Von der Heyden Group, Kolaja & Partners, BZWBK TFI Investment Fund, Jaime Mascaró and IVEX, a Spanish government owned trade promotions agency. The owners are planning to reach fully-leased status within the next 6-12 months. Von der Heyden Group is retained to arrange for the lease up of the property and will also co-operate with external brokers as before.

As we informed on November 25th, 2005, Von der Heyden Group sold its shareholding in one of its 14 Polish purpose companies: Mysia 5 Sp. z o.o. – the owner of Liberty Corner in Warsaw to Luxemburg based Accession Fund, managed by GLL Real Estate Partners. Von der Heyden Group has been retained by Accession Fund to arrange for the lease up of the property within 12 months, which has now been achieved within 2 1/2 months only.

We have the great pleasure to announce the following newly signed lease agreements:

1. Bombardier Transportation Polska Sp. z o.o. – the world leader in the production of rolling stock and related equipment as well as business and regional aircraft. The group, which has its head office in Canada, employs 60,000 staff in 21 countries. In Poland, Bombardier operates four production facilities in Katowice, Łódź, Warsaw and Wrocław where rolling stock, traction equipment and railway movement control systems are manufactured. In Poland, the company’s product range includes locomotives, DMUs, EMUs, modern double-decker carriages, trams, movement control systems and traction equipment (210 sqm on the second floor);

2. BZ WBK AIB Towarzystwo Funduszy Inwestycyjnych S.A. – one of the most experienced and recognized players in fund market. It has been present at the market for 8 years now and currently it manages 9 investment funds of total assets value of over 7,7 billion PLN, which is over 12,6% market share (as for the end of December 2005) – (213 sqm on the first floor);

3. Spencer Stuart Poland Sp. z o.o. – the Polish subsidiary of a renowned consulting company present at the market since 1956. Today the firm employs over 300 consultants in 49 offices around the globe. Last fiscal year Spencer Stuart reached over 420 million USD, which represented ca. 15% of revenues’ increase. This result places Spencer Stuart as the number two worldwide in it’s league. In 2005 the firm booked 4300 assignments (290 sqm on the fourth floor);

4. Zara Polska Sp. z o.o. – ZARA belongs to Inditex, one of the largest fashion retail groups worldwide and one of the largest Spanish Companies. Inditex has seven other chains: Kiddy’s Class, Pull and Bear, Massimo Dutti, Bershka, Stradivarius, Oysho and Zara Home. The Inditex Group is comprised of over one hundred companies associated with the business of textile design, manufacturing and distribution. The first ZARA shop opened its doors in 1975 in Spain. Now, ZARA has 626 stores in 46 countries. In Poland there are 11 ZARA shops and there will be 16 until the end of 2006. Zara offers the latest trends in international fashion in an environment of thought-out design. Its stores, located in the main commercial areas of cities across Europe, America and Asia, offer fashion inspired in the tastes, wishes and lifestyles of today’s men and women. (430 sqm on the fourth floor)

5. 722 sqm on the fifth floor – rented to an international undisclosed entity operating in facility management field.

Apart from the above mentioned new leases, Liberty Corner hosts also other prestigious Tenants like: the Embassy of Ireland, Instituto Valenciano de la Exportacion, IVEX S.A., Deutsche Bank, Nicolas Neumann Interiors, Jaime Mascaró, Knight Frank, Kolaja & Partners, Emerging Europe Investors and Von der Heyden Group.

“We are particularly proud of our team to have achieved this extraordinary result in less than 3 months. Liberty Corner has certainly shown to be THE benchmark building on the Warsaw office market, both in terms of net rental levels achieved as well as construction quality and care for detail” said Sven von der Heyden, Chairman of Von der Heyden Group.

Adam Trybusz, Managing Director of Von der Heyden Group in Poland said: “The famous dictum for a successful project: “location, location and location” could be transformed here into 3 principles: location + quality + project scale = Liberty Corner”.

Liberty Corner:

Liberty Corner is a Von der Heyden Group development, an office building with a total gross area of 12.400 m², of which some 4.500 m² were developed for and are occupied/owned by the Polish Press Agency (PAP). It was erected with 8 storeys above ground and two underground parking storeys. The ground floor is for retail use, whereas the rest of the building contains office space.

Liberty Corner is situated in the very centre of Warsaw, at the corner of Mysia and Bracka Street close to the historical Plac Trzech Krzyży that completes the street block together with Nowy Swiat, one of the most prestigious streets of Warsaw.

The building has a sandstone façade and is characterized by its high quality technical installations and finishes. Liberty Corner was finished in June 2003 and it is the first office building in Poland designed without structural columns, ensuring extra natural light, and providing more flexibility for the space planning. The building is designed in two independent parts. One section serves as the headquarters for its owner Polish Press Agency. The second building is designed as a stand-alone space that is ideally suited for the office seat of an international organization.

Liberty Corner offers a state-of-the-art telecommunications system, 4-pipe air conditioning system with a separate floor-by-floor regulation as well as a possibility of opening windows, and an advanced Building Management System (BMS)- to control and monitor all the engineering services. High standards of finishes including high windows made of Canadian cedar wood, walls finished in highs quality of bottocino marble create comfort and elegance.

Von der Heyden Group:

Von der Heyden Group, a pan-European developer, was established in 1989. Present in Poland for over 15 years, Von der Heyden Group has a proven track record of successful commercial developments and enjoys trust of national and international banks and other financial institutions.

Since 1989, the Group’s various subsidiaries have developed projects valued at well over € 145 million. In 2006 there are investments under development and/or acquisition in the amount of approximately € 75 million in Poznan, Warsaw, Leipzig and Berlin.

The Von der Heyden Group’s projects have won numerous awards like for example:

Liberty Corner: “Building of the Year 2003”, first Prize in the most prestigious contest “Budowa Roku 2003” organized by the Polish Association of Civil Engineers and Construction Technicians, the Ministry of Infrastructure and the General Office of Building Control, “Golden Drill 2004”, “The Best Office Address in Warsaw 2004”, “The Best Partner in Business 2004” in the category “The Best Office Buidling”.

Grand Hotel Lublinianka: “Kryształowa Cegła 2001” (“Crystal Brick 2001”), “Best Overall Development 2002”, “Laur Konserwatorski 2003”, “Zabytek Zadbany 2003”.

Poznań Financial Centre: 2nd Prize in a contest “Building of the Year 2000”, 1st Prize “Intelligent Building 2001”, 1st Prize in the architectural contest Jan Babtysta Quadro, “The Best Office Address 2004”.

For more information on Von der Heyden Group please visit our web sites:
www.vdhgroup.com
www.libertycorner.pl
www.pfc.pl
www.andersia.pl
www.lublinianka.com

Download:
Liberty Corner rented