Karimpol opens first part of Bratislava retail project

30
Jun
2022
News - Karimpol opens  first part of Bratislava retail project #Bratislava #construction #development #Karimpol #lease #Slovakia

by Property Forum | Retail

Austrian developer Karimpol Group has finished the first stage of the Squarebizz Bory project in Bratislava, which comprises eco-friendly retail storage, service and showroom space within an area of 15,000 sqm. The developer also announced the first tenants who have signed contracts already and the launching of the second phase.


The construction work of Austrian developer Karimpol Group's new project in Slovakia, Squarebizz Bory started less than a year ago. On 21 June 2022, the company opened the operation of the project's first phase and launched the second phase's construction. The first phase of the Squarebizz Bory project consists of 3 halls (A, B and E), which cumulatively offer 15,000 sqm of state-of-the-art retail, storage, service and showroom premises with up to 2,000 sqm of office space in the three halls. Completion of the second phase with another 15,000 sqm in halls C, D, F and G is scheduled for next spring and several tenants have already pre-committed the space, announced the developer.

"We are currently in the phase of accommodating signed tenants in their newly leased premises, working on the external branding of the first phase and the "green" side of our project - planting 6,000 sqm of green roofs on halls A, B and E. In addition to the green roofs, we have not forgotten about the greenery within the complex, where 194 deciduous trees, 153 deciduous shrubs and 10,650 sqm of the lawn will be planted throughout the Squarebizz Bory project after its full completion," adds Mario Klas, Head of Property Management at Karimpol Slovakia.

It is the first project in Slovakia that focuses on small and medium-sized businesses and offers them high-quality and energy-efficient premises. Among the brands that are currently opening their businesses in the Bory project are, for example, Alpod, Cortelazzi, Ekosklad, ExpresPrint, Fitham, Inipex, Kellys Bicycles, TȔV-SȔD, Valivé ložiská and Virtuplex.

Within the Squarebizz Bory project, the company will also help to create between 300 and 500 new jobs in the region. The location is one of the fastest-growing areas of Bratislava.




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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