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.




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New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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