50% occupancy in Building F of Krakow’s most popular office park developed by TriGranit

Krakow, 25 May 2016 – Just shortly after signing the lease agreement with GlobalLogic for approx. 2 500 sqm GLA in the newest building of Bonarka for Business, in Building F, TriGranit concluded a further lease agreement with another IT company – Luxoft, leading provider of software development services and innovative IT solutions to a global client base – to lease 2 floors in total of approx. 2,500 sqm GLA. The occupancy in Building F is already 50%. The commencement date is scheduled for mid of September 2016.

Building “F” to be ready in Q3 2016 is the sixth building in Krakow’s most popular office park. The 8 storey building with 10 000 sqm GLA will offer a modern, employee friendly office space with BREEAM certification at ‘very good’ level, fully taking into consideration the tenants needs. After Building F, building G is scheduled for first quarter 2017.

“The regular demand of our existing tenants for extra office spaces is a good feedback for our concept with B4B, namely having an office park with flexible expansion possibilities. Euroclear, the Belgium based financial services company, tenant in Building C since 2012 is a good example from this year – they leased the whole Building G, as they need further office spaces. We believe, that for the longer term we will have the same good cooperation with Luxoft “- says Tomasz Lisiecki, Chief Investment Officer of TriGranit.

Luxoft is a leading IT service provider of software development services and innovative IT solutions to global clients across the globe like Boeing, IBM, Deutsche Bank or UBS. Luxoft Poland employs over 2000 talented engineers of 25 nationalities. It operates in five offices in Krakow, Wroclaw and TriCity, and creates top of the line solutions for 15 customers, including a few global leaders in the Financial and Banking industry.

JLL, one of the leading real estate advisory companies in the world, is the exclusive leasing agent of the second phase of Bonarka for Business buildings (E,F,G).

About TriGranit

TriGranit is one of the largest fully integrated, privately owned, real estate platforms in Central Europe, focusing primarily on quality retail and Class “A” office buildings in strategic urban locations.  TriGranit conducts a full spectrum of real estate activities including acquisition, development, construction, and as property and asset management. In its two decades of operation, TriGranit has developed nearly 50 landmark projects creating 1 million square meters of GLA in 7 CEE countries and has won more than 40 highly prestigious international awards.

Poland is one of the focus markets in the region for TriGranit in the future, the company sees great potential for the next years in the Polish market for shopping centres in regional cities with a population under 500,000 and also 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.

About Bonarka for Business

At completion, the B4B project will consist of 10 buildings with a total area of 95.000 sqm GLA in an overall investment amount of EUR 200 million. After opening Bonarka City Center in 2009, the first two buildings, A and B of the Bonarka for Business opened up in 2011, followed by Building C in 2012, Building D in 2013 and Building E in 2015.  These 5 buildings already provide 45,000 sqm GLA for the tenants like Alexander Mann Solutions, State Street, Pega, Pure Jatomi Fitness, Euroclear, Herbalife, RWE and Lufthansa Global Business Services among others. The unique location in Krakow’s Podgorze district, the expansion possibilities and the awards gathered for the best public space, made B4B the number 1 choice office complex.