Karimpol secures financing for Skyliner II

25
Sep
2024
News - Karimpol secures financing for Skyliner II #Bank Pekao #financing #Karimpol #office #Poland #Warsaw

by Property Forum | Office

Karimpol Polska has secured financing of €50 million from Bank Pekao S.A. for the second phase of Skyliner investment at Rondo Daszyńskiego in Warsaw. This marks another collaboration between the investor and the bank, which also financed the construction of the first tower of the complex.


In the financial transaction, Bank Pekao S.A. was advised by the law firm Bird & Bird, while the investor received advisory services from DWF and CBRE. 

“Further cooperation with Bank Pekao S.A. in financing Skyliner II confirms the trust our financial partners have in us. The first phase of the investment was met with great interest and success, and we are confident Skyliner II will be equally well received in the market. We believe this investment will further strengthen Warsaw's position on the map of European business centers”, said Harald Jeschek and Andreas Prokes, Partners and Board Members in Karimpol Group.

Construction of the second Skyliner has been underway since February this year, with completion planned for late 2026. The second tower will be 130 meters tall, with 28 floors.

"Bank Pekao S.A. is the largest and leading bank in Poland financing real estate projects, and the Karimpol Group is one of the biggest players in this market. In this context, cooperation between our two entities is natural. We are proud to once again support the realization of another important investment like Skyliner II. Our involvement in this project demonstrates that Pekao actively participates in the development of key investments in Warsaw. We believe the second tower will contribute to the further dynamic growth of the capital’s real estate market”, adds Dieter Lobnig, Director of the Investment Banking and Real Estate Finance Department of Bank Pekao S.A.

The 28 floors of the second skyscraper will offer 24,000 square meters of rental space, with the majority – 23,000 square meters – allocated for offices. Most of the usable space (23,000 sqm) will be offices. Retail and service units on the ground floor of the building will occupy nearly 1,000 sqm. The standard area of the office floor will be approximately 1,100 sqm. The top floors of the building will feature terrace gardens with a total area of nearly 900 sqm. Skyliner II has received BREEAM certificate at the Outstanding level and, as in the case of the first phase, Karimpol plans to power the building with renewable energy. The main contractor for the investment project is WARBUD S.A., and the architectural design is the responsibility of the APA Wojciechowski Architekci studio. The investor is supported in the lease of the second phase of the complex by the CBRE Polska team.




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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