In light of the pandemic, HB Reavis is reassessing its approach to divestments. Peter Pecnik, Poland Country CEO and Group CFO of HB Reavis talked to Property Forum about COVID-19’s impact on the Polish office market and also shared details about the company’s financing strategy.
The future of work will be agile, flexible, and hybrid, says a new report by HB Reavis. According to “The Future of Work”, simply offering a split between at-home and in-office work is no longer enough. Increasing productivity and employee wellbeing is all about the digital experience, and 2020 has brought a new understanding of what the workplace should look like to both employers and employees.
International workspace provider HB Reavis announces that Marcin Klammer will lead its Polish team. Most recently, he worked as Development Director for Unibail Rodamco Westfield. He was also CEO Central and Eastern Europe for BNP Paribas Real Estate and held a number of positions at Arcadis, including CEO and Market Sector Leader. ó
After reaching a roof height of 230 metres, Varso Tower became the tallest building in Poland. Now, after the installation of its 73-tonne and 80-metre spire, the Warsaw skyscraper has broken another record, becoming the tallest in the entire EU.
Twin City Tower, an office building in Bratislava developed by HB Reavis and sold to a South Korean investor in 2019, has been awarded a WELL Core & Shell Certification at the Gold level and it’s the third-largest building in Europe to reach the standard.
At 230 metres full roof height Varso Tower is now officially the tallest building in Poland. Works continue at the top of the building where a 80-metre tall spire is to be assembled in upcoming weeks. Upon its completion, Varso Tower - developed by HB Reavis - will be the tallest building in the European Union with its architectural height of 310 metres. The construction is set to complete in Q1 2022.
HB Reavis Group is launching the sale of a new bond issue through Slovenská sporiteľňa. Bonds with a nominal value of €1,000, a maturity of 4 years and a coupon of 3.35% pa are issued by HB REAVIS Finance SK VII sro, a subsidiary of the HB Reavis Group.
ConvergenCE has been appointed the exclusive contract to support the owner, HB Reavis to lease the Agora Tower office building which recently opened on Budapest’s Váci Road office corridor.
HB Reavis has secured a €162 million loan from a consortium of four banks – Santander Bank Polska, Bank Pekao S.A., PKO Bank Polski S.A. and BNP Paribas Bank Polska S.A. – for the construction of its 78,000 sqm Forrest office campus in Warsaw.
Two new tenants have joined Galeria Echo in Kielce, owned by EPP. Dealz chain shop has leased a unit of nearly 580 sqm. The retail space of the Carrefour hypermarket is more than 4,500 sqm.
A Rossmann chain outlet has opened in the TGG shopping centre in Wrocław. The new chemist's shop took up over 600 sqm next to the grocery shop. In September, the second TGG site, the Astra shopping centre in Wrocław, will in turn see the opening of a Pepco chain shop.
InPost has opened a second logistics centre in Łódź. Ultimately, almost 300 people will find work in the 8,500 sqm facility. InPost's logistics centre, located in the vicinity of the A1 Central Logistics Hub motorway, occupies 7.5 thousand sqm of warehouse space and 1 thousand sqm of office space.
New appointments
Agnieszka Boroń has joined Equilis Poland to take up the post of Development Director. She has worked in the construction and development industry for over 20 years, specialising in residential project management. Prior to joining Equilis Poland, she was programme director at Nexity. Prior to that, she worked in managerial positions at Dom Development.
Agnieszka Baczyńska took up the position of Head of Leasing - Retail in CPIPG. She is responsible for the commercialization of retail facilities from the CPIPG portfolio. Baczyńska also manages the leasing of office space on the buildings owned by CPIPG.
Ferenc Gondi has been appointed to a new post as Country Head for CTP Hungary. He's been part of CTP's activity for over 5 years.
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