OVER 11,000 SQM GLA SIGNED LEASE AGREEMENTS IN BONARKA FOR BUSINESS

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OVER 11,000 SQM GLA SIGNED LEASE AGREEMENTS IN BONARKA FOR BUSINESS

Krakow, July 29 2019

Building H with 9,855 sqm GLA was completed, and with its first tenants – City Break, New Work and Herbalife Nutrition – the building has already reached an occupancy level of 45%. As a new tenant and with the first eatery in the whole B4B complex, City Break has opened its 400 sqm restaurant on the ground floor, while New Work, a serviced office centre providing flexible and tailored office solutions, has signed an office lease agreement for ca 2,800 sqm. Herbalife Nutrition, a long-time tenant of B4B whose purpose is to make the world healthier and happier, has prolonged its 2,150 sqm lease agreement in Building C and has also decided to expand its current office space with an additional floor (1,200 sqm GLA) in Building H.

“With this lease, we extended our foot print in Poland to the 3rd City (beside Warsaw and Lodz). We believe in Krakow as one of the most dynamic Office markets and we will sign a 2cd location soon. Bonarka for Business Complex is an excellent opportunity for New Work to provide corporate Clients with flexible work space solutions as well as small and midsize entrepreneurs and we plan to extend our services here with a conference and meeting Center available for all tenants at Bonarka Complex”– said Hubert Abt, CEO of New Work  

Due to the busy leasing activity in other buildings in the complex, new lease, renewal and lease extension agreements of altogether 11,316 sqm GLA were signed in the previous months. Herbalife Nutrition, a long-time tenant of B4B whose purpose is to make the world healthier and happier, has prolonged its 2,150 sqm lease agreement in Building C and has also decided to expand its current office space with 1 additional floor (1,278 sqm GLA) in Building H. In addition, GlobalLogic, a company providing full-lifecycle software product development services has recently signed a lease agreement for additional 2 floors on altogether 2,585 sqm GLA, and will occupy a previous tenant’s office space in Building F, so the company will lease altogether 6,465 sqm GLA in the complex. In February 2019, Hemmersbach, an international company that provides comprehensive IT services on an industrial scale, has occupied the last available vacant space in Building F. With their 326 sqm GLA lease, Building F has reached 100% occupancy level. Last but not least, in Building E, Vsoft, a long-time tenant in the office complex, decided to prolong their lease agreement for 1,777 sqm GLA.

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