Real estate developer Realco owned by Icor Group will built a new pentagon-shaped business centre Pentagon near the Siemens Arena, in Vilnius. According to the press release, the company will invest EUR 18 million into the business centre.
Real estate developer Realco owned by Icor Group will built a new pentagon-shaped business centre Pentagon near the Siemens Arena, in Vilnius. The company will invest EUR 18 million into the business centre. 'We respond to the demand for business centres with a convenient location on the market. We focus on service companies and IT operation centres, to whom in early 2017 we will offer office area of 13 600 square meters', said Realco Sales Director Marijonas Chmieliauskas in the press release.
In the seven-storey building, offices starting from 300 sq.m. area will be for let. The area of one storey in the Pentagon will be approximately 1 900 sq.m. Rent price is planned to be around EUR 13/ per square meter.
According to Mr. Chmieliauskas, the pentagon shape of the building is chosen not for aesthetic reasons only, but it will embody five main advantages of the Pentagon. The business centre will be cost-effective, sustainable, convenient, modern and of high quality.
A energy efficiency class of the building and the latest engineering solutions will allow to save energy resources – heating costs of the building will be reduced by four times. According to the press release, closed guarded parking grounds and bicycle storages are planned to be installed for the tenants. Separate space is designed for electric car parking and charging. Green recreation zone will be built in the courtyard of the business centre.
The Pentagon will be located next to the main transport arteria in Vilnius – Kalvarijų, Ozo and Geležinio Vilko streets, thus guaranteeing is easy access for tenants and clients. Various facilities are available nearby: Ozas shopping mall, Siemens Arena, and Vichy water park.
Realco implemented three business centre projects. Total area of the Alfa, Beta and Gama centres is 42 300 square meters. Their tenants include SEB bank, technology centre of Barclays bank, Wester Union Processing Lithuania, CSC Baltic, Hewlett-Packard, Sweco Lietuva.