Comfortable, functional, set in convenient location and repeatedly awarded for the best public space – Bonarka for Business (B4B) opens another office building in Krakow, Poland. The new office building E with its 10.000 sqm GLA is the fifth of the Class A objects in the B4B project, that is nowadays the most popular and respected office park in Krakow. At completion, the B4B project will consist of 11 buildings with a total area of 100.000 sqm GLA in an overall investment amount of EUR 200 million.
What makes B4B one of the most desired office locations in Cracow is high quality of architecture and unique working conditions. Building E has been built in 16 months offering 10.000 sqm GLA office space. The building begins its operation with a significant 71% occupancy level including tenants like RWE, VSoft or Solarwinds. Among the technical solutions employed, it is worthwhile mentioning the raised floor system, the structured cabling, the suspended ceilings, the fire protection and the access control systems. The building has been designed and built with consideration for the environment, which is attested to by a BREEAM certificate at the ‘Very Good’ level. The building is located at Puszkarska Street, close to A4 highway and Bonarka City Center shopping mall. The project is a joint investment by TriGranit Development Corporation and IPR Ltd.
After opening Bonarka City Center in 2009, the first two buildings, Building A and B of the Bonarka for Business opened up in 2011, followed by Building C in 2012 and Building D in 2013. These 4 buildings already provide 35,000 sqm GLA for the tenants like Alexander Mann Solutions, State Street, Pega, Pure Jatomi Fitness, Euroclear, Herbalife, and Lufthansa Global Business Services among others. The next building, Building F is planned to be launched end of 2015.
“At completion B4B will consists of eleven class A office buildings with a total area of 100,000 sqm GLA in a unique urban arrangement in an overall development value of EUR 200 million. We are very proud, that through recultivating almost 19 ha rundown area, we created in 7 years with Bonarka for Business the most popular and respected office park in Krakow” – said Tomasz Lisiecki, Chief Development Officer, TriGranit Development Corporation.
B4B has won already till now a number of awards, including the ‘Kraków – My Home 2014″ as well as the ‘artURBANICA 2012 Quality Award’ in the architecture of urban space category and the ‘Prime Property Prize Małopolska 2013’ in the office building category for meeting the needs of the most demanding tenants.
“Poland is also in the future one of the focus markets in the region for TriGranit. We see great opportunities for the next years on the Polish market for shopping centres in regional cities with a population under 500,000” – said Árpád Török, Chief Executive Officer of TriGranit Development Corporation.
The company also sees perspectives for office building developments in Poland’s large regional cities. Currently, the company has a pipeline of over € 500 million of developments in Poland, consisting of 2 retail projects with 160 000 sqm GBA and 8 office buildings offering around 135.000 sqm GLA, all of which are scheduled for completion within the next 3 to 5 years. TriGranit focuses on several further office development projects in other countries in the region, there are offices under development also in Slovakia and in Croatia with approx 120 000 sqm GLA.
About TriGranit Development Corporation
TriGranit Development Corporation (TGD) is one of the largest fully integrated, privately owned regional real estate investment, development and management company, operating in 9 countries in Central and Eastern Europe and the Balkans. The company’s primary focus is on mixed-use “City Center” projects and office and retail developments in strategic urban locations. Beyond its more conventional, commercial development projects, TriGranit is also regarded as one of the pioneers in the field of public private partnership (PPP) projects. TriGranit Development Corporation has a capability to provide a full spectrum of development, construction, property & asset management and operations services. During his more decades of operation, the company has completed development projects totalling over 1 million sqm worth approx. EUR 2.5 billion.
For more information, please visit www.trigranit.com.
About IPR Ltd.
The International Property Restructuring Ltd (IPR Ltd) was established in 1996. The company, a group of developers specialises in conversion of post-industrial areas into next-generation properties. It employs the most renowned specialists in engineering in field of environment, mining and noise, in order to achieve ecological parameters compliant with 21st-century trends.
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