Cain International and White Star launch Kraków office project

19
Jun
2020
News - Cain International and White Star launch Kraków office project #Cain International #development #Krakow #office #Poland #White Star Real Estate

by Property Forum | Office

Cain International, a privately held real estate investment firm operating in Europe and the United States, and its local development partner, White Star Real Estate, have started work on The Park Kraków.


The development will comprise eight buildings and provide 100,000 sqm of Class A campus-style office accommodation. The project is located at the intersection of Kuklińskiego and Saska Streets in near proximity to both the Kraków Płaszów train station as well as numerous bus and tram stops.

The list of on-site amenities will include restaurants, cafes, service points, and relaxation areas, as well as two levels of underground parking that will be equipped with electric car charging stations and showers, lockers and bicycle racks.

Liam Le Roux, Head of European Asset Management at Cain International says: “Kraków is one of the most dynamic cities in Poland and continues to experience significant demand from high-growth businesses in the BPO, IT and R&D sectors. We continue to see significant opportunities in gateway cities in the CEE market and look forward to delivering The Park Kraków to meet the demand and needs of the market.”




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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