Knight Frank commercialises High5ive in Krakow

07
Dec
2016
News - Knight Frank commercialises High5ive in Krakow #development #Knight Frank #Krakow #office #Poland #retail #Skanska

by Ákos Budai | Retail

Knight Frank has been appointed leading agent by Skanska to commercialize the retail ground floors of all five buildings of the High5ive complex in Kraków. The project developed by Skanska Property Poland will be handed over for use in stages. The first stage, which will include two buildings right next to the Galeria Krakowska shopping centre, is scheduled for the end of 2017. 


The High5ive complex will be located along Pawia Street in a so far undeveloped quarter next to the Kraków Główny railway station. According to the schedule, the first two buildings located between Galeria Krakowska and the Ibis hotel will be open at the turn of 2017 and 2018. The total area of the complex will be approximately 70,000 s m, of which 7,000 sqm will be dedicated for retail and service premises as well as entertainment and relax zones open to all. 
 
“The vision of commercialization we propose is crafted to suit a lively and vibrant place. The retail areas will offer new shopping opportunities with brands entering the area for the first time and expanding the existing offer. The city-making aspect is also important for us. We want High5ive to become a meeting place, so our rich food offer and spaces inviting you to spend time in the complex will reflect that. We will search for partners who have an idea of how to use this space appropriately”, said Marta Keszkowska, Leasing Manager, Retail Agency at Knight Frank.



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  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
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