Vodka distillery to be transformed in Łódź

17
May
2017
News - Vodka distillery to be transformed in Łódź #development #JLL #Lodz #office #Poland #Virako

by Ákos Budai | Office

The historic area of the old Monopol Wódczany vodka distillery will be transformed into Monopolis, a project that will combine office space, services and cultural amenities along with restaurants. Construction works at Monopolis will be launched in H2 2017 by developer Virako.


Monopolis will offer 23,400 sqm of office space developed in the historical building and two new projects. In the post-industrial and historic M1 building, Virako will develop 7,000 sqm of modern office space. In the two newly-developed projects, M2 and M3 – there will be 8,050 sqm and 8,350 sqm of modern office space, respectively. In total, the project will offer nearly 2,500. 

Apart from offices, employees and visitors of Monopolis will have numerous amenities at their disposal, such as restaurants, cafes, services points, green rooftop terraces, a museum of Monopol Wódczany's history, art gallery, theatre, spa with a swimming pool, club for children and a kindergarten. 
 
The new investment is located on the crossroads of two of the city's major arterial roads – Al. Piłsudskiego and Kopcińskiego Streets. The project of Monopolis was prepared by Polish architectural studio Grupa5 Architekci in co-operation with the Łódź-based Jerzy Lutomski architectural studio. Monopolis will undergo BREEAM 'Very Good' and 'Excellent' certification. 

Construction works at Monopolis will be launched in H2 2017. The historical buildings of Monopol Wódczany will be both restored and adapted to their new functions during the first phase of the works. Modern office space will be developed in the old post-industrial building along with other city-forming amenities. The M1 Building, together with all the revitalized areas of Monopolis, will be delivered to market in H2 2018. Buildings M2 and M3 will be developed during the next phase and completed in 2019 and 2020, respectively.
 
JLL was selected as the sole commercialisation and marketing agent for the Monopolis complex. 



New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • 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.

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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