Skanska completes High5ive office complex in Kraków

17
Mar
2022
News - Skanska completes High5ive office complex in Kraków #Kraków #office #Poland #Skanska

by Property Forum | Office

With the fifth building of the High5ive complex in Kraków receiving its occupancy permit, the entire project is coming to an end. It has provided 70,000 sqm of office space to the local office market.


Construction on High5ive began in 2016. The office buildings of "The KrakówFive" provided a total of 70,000 sqm of sustainable space, currently used by 26 tenants. Among them are companies of international scale as well as companies that have entered the Polish market for the first time. There are also generally accessible areas that can be used by both office workers and local residents, including green zones with landscaping, great for relaxing and spending time together, a basketball court and an auditorium. There is an anti-smog pavement made of green concrete around the complex, which reduces compounds harmful to humans from car exhaust fumes, including nitrogen oxides in the city air.

"High5ive is a unique project, not only in terms of an excellent location and access to key infrastructure but also because we were able to create a completely new, functional space here. This place, previously undeveloped, has become the business heart of the capital of Lesser Poland. Our investment not only offered the highest quality offices but also, which is very important to us, returned this part of the city to the inhabitants of Kraków," says Marcin Pędrak, Project Director at Skanska’s commercial development business unit in CEE.

The last, fifth building of High5ive (i.e. the third phase of the project) offers tenants over 11,000 sqm of space. Like the entire complex, it was created in accordance with the ESG criteria, as well as the highest standards and the most demanding certificates. The mental and physical health of its users, as well as reduction of environmental impact, were priorities for the investor. Over 35% of parking spaces will offer electric car charging.

This is the first Skanska project in Kraków to apply for the WELL Core & Shell certificate, which evaluates 100 features of the building in terms of the quality of office space. All the solutions used, based on the requirements of this certificate, will help tenants in their daily duties and ensure their safety, as well as physical and mental comfort. The newly commissioned building is also applying for the LEED Platinum certificate and the "Building without Barriers" certificate of accessibility.

The entire office space of the fifth building has already been leased, including by zooplus, Spyrosoft, and Business Link, a flexible office operator. All buildings of the complex have been sold to investors. The last of them was acquired by Stena Real Estate BV at the beginning of 2022.




Latest news


New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • 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.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.


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