Construction of Infinity in Wrocław has begun

05
Mar
2021
News - Construction of Infinity in Wrocław has begun #Avestus Real Estate #office #Poland #Wroclaw

by Property Forum | Office

The construction of a slurry wall as part of the construction of the Infinity office building in Wrocław has begun. The office project, which is being developed in the very heart of Wrocław, at John Paul II Square (the junction of Legnicka and Nabycińska Streets), will offer in total almost 22,000 sqm of leasable area. Eiffage Polska Budownictwo S.A. is responsible for the implementation of the current stage of works. The investment is scheduled to be completed in Q1 2023.


So far, as part of the Infinity project, certain systems conflicting with the building have been reconstructed. They comprise, for instance, heating and electrical power networks, as well as infrastructure installations. Archaeological research has also been carried out by a team of experts, who have extensive knowledge of the specific nature and history of the very centre of Wrocław.

“We are very pleased to announce the start of construction works at Infinity. Despite the COVID-19 pandemic wave, which significantly prolonged the administrative processes and a difficult business environment, we have recently seen a significant increase in interest in leasing the office space and therefore we believe now is the right time to launch this fantastic project. The preparation phase is over and it is with enthusiasm we have started the construction of the slurry wall. According to our schedule, the building will be ready for tenants in early 2023,” said Roger Dunlop, CEO Avestus Real Estate.

Infinity will be a seven-storey truly A Class building offering 18,727 sqm of office space, 1,561 sqm of retail space and a three-level underground car park with 311 parking spaces. With cyclists in mind, 120 bicycle stands will be provided in a closed-off zone including changing rooms and showers. The office building will be BREEAM Excellent.

“Infinity is Wroclaw’s most exciting office developments today combining top quality space, unique architecture and the very best  location in the heart of Wrocław. We believe in this project and are convinced that Infinity will be the best opportunity for companies looking for ultra modern and secure offices in the new post-COVID era. Wroclaw is one of the most dynamic and growing office markets in Poland and we believe now is the time to launch this quality building in the market to capture companies that will be expanding post the pandemic,” commented Mariusz Frąckiewicz, Country Manager Avestus Real Estate in Poland.

The Infinity architectural design was prepared by AHR Architects. The project will be commercialized by JLL. The entire project is scheduled to be completed in Q1 2023.

“Wrocław is one of the most promising office markets in Central and Eastern Europe. This is illustrated by the number of tenants from the modern business services sector which have a presence in city. The Financial Times also recognized Wrocław in its Best Cities for Direct Investment rankings. Lower Silesia’s capital was ranked 15th in the "cities of the future" category and 1st in the “small and medium-sized cities” category. This is further proof that Wrocław is a great place to invest in office projects of the highest quality. One of these projects will certainly be the Infinity office building, which JLL has the pleasure to commercialize”, said Katarzyna Krokosińska, Director of the JLL Office in Wrocław.




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.

Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy