COTY Eastern Europe, part of one of the world’s largest cosmetic companies, has renewed its lease agreement at the Ambassador Office Building in Warsaw, where it occupies more than 2,200 sqm of space. JLL represented COTY during the lease process. “Lease renewals in the Mokotów district of Warsaw, including those by prestigious companies such as COTY, illustrate the attractiveness of the office locations in this business district,” said Zuzanna Kowalczyk, senior consultant of tenant representation at JLL. “At the end of Q3 2018, close to 138,000 sqm of office space had been leased in Mokotów alone, which was the second best result on the Warsaw office market. In addition, the mixed-use projects scheduled for development in this area will surely contribute to the expansion of the offer on Domaniewska street and have the opportunity to further attract interest from potential tenants.” The Ambassador Office Building offers 15,000 sqm of office space for lease. The scheme, owned by Hines, is located in the vicinity of Galeria Mokotów.
