The third High5ive building topped out and 100% leased

19
May
2021
News - The third High5ive building topped out and 100% leased #Kraków #office #Poland #Skanska

by Property Forum | Office

A symbolic topping out was hung on the top floor of the third stage of the High5ive complex by Skanska in Kraków. This means that the main construction work has been completed and the building has reached its target height. Already at this stage of construction, the office section of the building has been completely leased out. With the commissioning, which is scheduled for the first quarter of 2022, Krakow will gain over 11,000 sqm of sustainable and modern office space. This is the first Skanska project in the capital of Lesser Poland, which will apply for the prestigious WELL Core&Shell certificate.


High5ive is a well-known complex of five office buildings in Kraków, which will ultimately deliver over 70,000 sqm of modern space to the market. The last building, which has just reached its target height, will provide over 11,000 sqm for tenants. The entire office space has already been leased and Spyrosoft and zooplus, among others, will have their headquarters here.

"We have completed a very important stage of the project. Reaching the target height and a symbolic topping out means entering the next phase of operation – finishing works. Despite the difficulties related to the pandemic, our project is on schedule", says Marcin Pędrak, Project Manager at Skanska office unit. "In addition, having the entire office space leased out at this stage proves that Skanska's investments continue to be very popular with our business partners. We owe this to the highest quality of our offices and our ability to efficiently adapt to the expectations of tenants", adds Marcin Pędrak.

The third stage of the complex is the first Skanska project in Krakow that will apply for the prestigious WELL Core & Shell certificate, which verifies the quality of office space. 

High5ive complex can be reached by bus, tram, car or bicycle. In its vicinity there are also the Main Railway Station, Galeria Krakowska and universities. The building also provides over 40 parking spaces for electric cars.




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New leases

  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • 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.


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