ARTICLES LABELLED WITH TAG Capital Park

Capital Park Group has started to power its investment projects exclusively with energy from renewable sources. As of January 2024, Norblin Factory, Royal Wilanów and two Vis à Vis street malls use 100% green energy. The total area of all projects powered by RES is more than 110,000 sqm. The energy supplier is Enefit. The Westbridge Advisory team advised Capital Park in the procurement process.

Greenberg Traurig advised Madison International Realty, the majority shareholder of Capital Park S.A., on the sale of certain assets of the group as part of a management buy-out co-financed by Europi Property Group, Capital Park’s minority shareholder.

The Capital Park Group has signed the final purchase agreement for two plots of land in Gdańsk with a total area of 1.3 hectares at the Polski Hak. It is one of the most prestigious locations in the heart of the Tricity, in the surroundings of the Motława estuary which flows into the Martwa Wisła river. The planned project is a residential development accompanied by commercial functions. The author of the winning architectural concept of land development is the JEMS Architekci studio.

The year 2021 was a breakthrough for the Capital Park Group. The company completed the revitalisation of its flagship investment project, the Norblin Factory in Warsaw’s Wola district. The Capital Park Group generated a consolidated net profit of PLN 245.6 million. The Group decided to publish its first sustainable development report.

Opened in September 2021, the Norblin Factory is filling up with tenants. The project’s investor, the Capital Park Group, has signed lease contracts with another six concepts which will soon join the revitalised complex at Żelazna Street. The office space of the multifunctional building was already fully leased last year.

Kinga Nowakowska, COO and Board Member of Capital Park Group talked to Property Forum about the delivery of Norblin Factory mixed-use project in Warsaw, the impact of the pandemic on the retail market and  CPG’s upcoming investment plans.

The Capital Park Group has completed the revitalisation of the Norblin Factory. The complex was granted an occupancy permit at the end of August 2021. The multifunctional project has a total area of over 65 thousand square metres. Its office space has already been fully leased. Visitors to the Norblin Factory can enjoy cultural, entertainment and dining concepts including the original KinoGram cinema, the Bio Bazar organic market, and the capital city’s largest food court Food Town.

The 46-month revitalization of the Norblin Factory in Warsaw's Wola district, carried out by Capital Park Group, has come to an end. The complex has been granted an occupancy permit. At the investment site, preparations are currently underway to open the first concepts, which will be gradually unveiled to future visitors over the next few months.

Royal Wilanów, a mixed-use building in Warsaw owned and managed by the Capital Park Group, has two new tenants. The companies LUX MED and Hilti will soon move into the building. Thanks to these transactions, the entire building is now 100 percent leased.

Polish developer Capital Park has concluded a preliminary agreement for the purchase of two plots in Gdańsk with a total area of 1.3 ha on the Polski Hak part of Gdańsk’s port area. At the site, Capital Park is planning a residential development with retail and services functions, as well as public recreational space. The seller and the transaction price have not been disclosed.