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Idea Inwest to build Black Pearl

Eurobuild CEE 27 December 2017
Idea Inwest to build Black Pearl
POLAND Idea Inwest is planning to develop the Black Pearl mixed-use project on al. Niepodległości in Szczecin. It will be a nine-storey building with a total area of 11,000 sqm.
Retail and service units are to be located on the ground floor, a 1,200 sqm office area is planned on the next level while all the other floors are earmakred for apartments. A two-storey underground car park will offer 96 parking spaces. The project is to be completed in March 2018. “According to our analyses, A class office vacancies in Szczecin continued to decrease systematically in 2017 compared to 2016. Average rent rates for A class office space in Szczecin are similar to their 2016 levels and they currently amount to EUR 12-13 per month. BSS companies rent some of the largest office areas on the local market,” says Patryk Litwiniuk, general director of Litwiniuk Property, which is involved in the lease of office and service space in the Black Pearl building.

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