IRIS Office Building

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.

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
May 2005
Purchase Price
€ 2.1 m
Development cost
€ 17,5 m
Expected sale price
€ 30 m
Rent when fullly let
€ 2,4m