2005
The Iris office building was constructed using the frame from a previous food warehouse. Construction began in spring 2011 and was completed in November 2012.
The building provides 14,300 m2 rentable space located over 6 floors and 255 underground and surface parking places.
The building provides 14,300 m2 rentable space located over 6 floors and 255 underground and surface parking places.
100 % construction finance was secured from WBK bank. The property is currently 60% let to a number of tenants including VF Polska, and Saint Gobain and remained in CPDs portfolio as at August 2013.
Purchase Date
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May 2005
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Purchase Price
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€ 2.1 m
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Development cost
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€ 17,5 m
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Expected sale price
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€ 30 m
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Rent when fullly let
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€ 2,4m
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