MidPoint71 in Wrocław reaches its highest level

21
Jun
2021
News - MidPoint71 in Wrocław reaches its highest level #Echo Investment #office #Poland #Wrocław

by Property Forum | Office

MidPoint71, the office building developed by Echo Investment in Wrocław, has reached its target height, which was symbolized by a traditional topping out ceremony. Currently, facade and installation works are in progress. The next stage will be finishing the interior of the office building. The facility is scheduled to receive its occupancy permit in the fourth quarter of 2021.


Development of the MidPoint71 project began in December 2019. The project, consisting of a lower 6-story and a higher 14-story part, will provide 36,000 sq.m of modern office space to the Wrocław market.

“Topping out is a symbolic and one of the most important stages of the project. It means that we have already reached the target height of the building and we are approaching the end of construction. The next stages we are going to focus on now are facade and installation works, as well as finishing the interior of the office building. Despite the difficulties related to the pandemic and the recent turbulence on the building materials market, we are sticking to our schedule. Obtaining the occupancy permit and handing over the space to tenants is scheduled for the fourth quarter of 2021,” says Marek Chmielewski, Project Manager in Echo Investment's Office Department.

MidPoint71's tenants already include 3M Global Service Center, which will consolidate its Wrocław offices here, and Pyszne.pl – a provider of an innovative service for ordering food.

“Wrocław, despite a rather difficult pandemic time, is still a very attractive market for companies and investors. We have believed in the potential of this city for the last 10 years, as we are developing our seventh office project here, namely MidPoint71. We are getting closer to completing the investment, which was appreciated by our tenants leasing a total of more than 20,000 sq.m. Excellent location, elegant architecture, flexible office spaces, spacious terraces and a range of services at fingertips will make our tenants feel comfortable. We also see a lot of interest from other companies in our project," says Katarzyna Kubicka, Regional Director of Echo Investment's Office Department

The investor also took care of solutions helping to save energy and water, supporting waste management policy and minimizing the building's impact on the environment, to name a few. This is confirmed by obtaining the Excellent BREEAM certificate.




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  • International flexible office operator SwitchUp has launched its expansion into the Polish market, securing a lease agreement for 2,100 sqm of space at the AFI Office House in Warsaw. The transaction represents the company’s debut contract in Poland, positioning the operator within the first office building of the city’s upcoming Towarowa22 regeneration development. Savills acted as the deal broker.
  • International retailer MR.DIY has joined the tenant mix of the Plejada Shopping Centre in Sosnowiec. Its new 700 sqm store will significantly enhance the shopping centre’s offering of household products and everyday essentials. Cushman & Wakefield is responsible for the leasing and comprehensive management of the property.
  • Hotspot Workhub, the flexible workspace operator, has renewed and expanded its presence within The Mark office building, owned by CPI Property Group. The lease deal for 2,550 sqm was brokered by iO Partners Romania.

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  • 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.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.


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