Central European developer Karimpol Group of Companies recently revealed more details with regard to the company’s flagship combined office and retail tower, Skyliner, which is now slated to rank among Warsaw’s tallest buildings at 144 meters with close to 44,000 sqm in total rentable area on offer.
“Poland is the key country in the investment operations of our group, and Skyliner is our biggest investment project in Europe,” Harald Jeschek, managing partner of Karimpol Group, stated at a January 20 press conference held in Warsaw. “Therefore the choice of Wola as the location of our flagship project was only natural. The potential of the district has already been discovered by developers, and it will soon become one of the most prestigious business locations in Warsaw.”
The office building will be located at Rondo Daszynskiego in Warsaw’s Wola district, with Jeschek highlighting the location’s access to both tram and metro lines. The building is currently projected to include 43,633 sqm of rentable area, of which 3,130 sqm will be designated as retail and 38,580 sqm office space. The building will also offer 428 parking spaces, 500 spaces for bicycles/bicycle racks and a total of 21 lifts.
Jeschek stated that financing negotiations are ongoing, as are negotiations with potential key tenants. The project currently does not have an exclusive real estate agency.
Queried by the press about what has been described as a current glut of office space on the market, Jeschek countered with a combination of optimism and facts.
“We give thought to the market every day, and when you look at 2015 you will see this was a very good year [for office take up],” he said, pointing to an office market that saw hundreds of thousands of office leases signed over the course of the year.
In a December press release, international advisory firm JLL noted that the “volume of lease agreements in 2015 totalled 1.3 million sqm across Poland, which is the best ever result for the country’s office market.” The agency noted that major cities outside Warsaw accounted for over 550,000 sqm of overall take-up.
Karimpol’s Jechek added that the specific location of Rondo Daszynskiego should also be a plus, as potential clients have already shown great interest.
“We also know that Wola is a very dynamic district and the sub-district of Rondo Daszynskiego is becoming more popular. We have requirements from tenants who are specifically looking for Rondo Daszynskiego locations only.”
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