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.




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New leases

  • E-commerce player 4M Pro&Invest has leased nearly 4,100 sqm of warehouse space in Panattoni Park Poznań XIV. This agreement marks the completion of the leasing of the two completed phases of the development.
  • Panattoni has commenced construction on the latest phase of Panattoni Park Gorzów II, developing a bespoke BTS warehouse for DPD Polska. The facility will encompass 5,300 sqm tailored to the courier company’s operational requirements. DPD Polska is scheduled to begin operations at the new site in August 2026.
  • Romanian strategic advisory firm Infinexa Restructuring has relocated its HQ to GTC’s City Gate South Tower in Bucharest. The move supports their integrated approach to delivering complex debt restructuring, insolvency mandates, and preventive procedures for distressed companies.

New appointments

  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.


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