Pramerica Real Estate Investors and WX Management Services (belonging to the Austrian group Warimpex), have signed a construction contract with Dyskret for the refurbishment of the tallest office building in Krakow – Błękitek. The building’s name has been changed to K1. Construction works will start soon and is expected to be completed in October 2014.
K1 tallest building in Krakow (76 metres). It has become a landmark of the city’s skyline thanks to its architecture and blue colour scheme. This iconic building will be the subject of an extensive refurbishment process.
Claudia Austen, Head of Asset Management CEE in Pramerica Real Estate Investors, commented: “Once the refurbishment works are completed, the building will offer both the highest quality office space and amazing views of the city to tenants looking for Class A office space in the heart of Krakow. The building will be significantly upgraded as modern technical solutions will be implemented. Flexible tenant arrangements will also be introduced.”
Christian Fojtl, Managing Director, WX Management Services, added: “We are planning to transform the former Błękitek into an exclusive and prestigious office address that is capable of meeting the tenants’ increasing demands and expectations. The refurbishment works will put the building back on the Krakow office map making it one of the most interesting office locations in Krakow.”