Knight Frank to manage first stage of Wrocław project

18
Sep
2020
News - Knight Frank to manage first stage of Wrocław project #development #Echo Investment #Knight Frank #office #Poland #property management #Wroclaw

by Property Forum | Office

Knight Frank has been selected as the property manager of the building at Na Ostatnim Groszu Street, which is owned by Echo Investment. The office building with an area of over 21,000 square metres is the first stage constructed as part of the West 4 Business HUB office complex in Wrocław.


West 4 Business HUB is a modern, four-stage office complex situated in the business district of Wrocław at Na Ostatnim Groszu Street. The completed first stage comprises Building A, which offers more than 15,600 square metres of leasable space (the total floor area of the building is more than 21,000 square metres). Lessees with cars can take advantage of the underground and surface-level car parks as well as electric car charging stations. Those who commute by bicycle can use the specially prepared racks. The office building will feature a cafeteria and green relaxation zones; moreover, a medical centre, a shopping mall and additional commercial and service outlets can be found in the immediate vicinity. The location near National Road 5 makes it easy to commute by car, and users of public transport have numerous tram and bus routes at their disposal. The first stage was BREEAM-certified in the investment phase.




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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