Thursday, July 16, 2020
Home News Office Leasing act BSWW handles one of Kraków’s largest office property transactions

act BSWW handles one of Kraków’s largest office property transactions

act BSWW provided INTER-BUD Group (investor and lessor) with legal support related to one of the biggest transactions on Kraków’s office property market.

UBS signed a lease agreement for over 19,500 sqm of office space in Fabryczna Office Park, a complex developed by INTER-BUD Group at Aleja Pokoju in Kraków.

Fabryczna Office Park is made up of three modern A-class office buildings with GLA of over 42,000 sqm, designed in accordance with BREEAM requirements. The occupancy rate has already exceeded 80 percent. July 2019 saw the first tenants moving in.

The office complex forms part of a larger investment project, Fabryczna City, covering over 6.5 hectares of land and involving the development of a hotel, restaurants, residential apartments and commercial facilities.

act BSWW was advising INTER-BUD Group throughout the lease agreement negotiation and execution process. The transaction was handled by Alicja Sołtyszewska, legal counsel and Partner at act BSWW.

“We are excited to have been given the chance to advise one of Kraków’s leading developers on such a remarkable office lease transaction, tapping into our knowledge and experience for the Client’s benefit,” says Alicja Sołtyszewska.

“We feel proud and appreciated, knowing that such a renowned company has chosen Fabryczna Office Park for its new location. We want to make the best use of this venue’s unique nature, combining the historical spirit with expectations of 21st century corporate clients. Thanks to our cooperation with act BSWW, we managed to effectively discuss all vital provisions of the lease agreement and sealed the deal within a short amount of time,” concludes Stanisław Łukasik, owner of INTER-BUD Group.

INTER-BUD Group was additionally supported by Cushman & Wakefield, global real estate consulting firm. The tenant was supported by JLL (consulting company) and Baker McKenzie Krzyżowski i Wspólnicy sp.k. (law firm).

Most Popular

KPMG signs lease with MIRO, Speedwell’s new Bucharest office project

Speedwell has closed a significant deal with KPMG for office space at MIRO, the new project located in Băneasa, Bucharest. The project...

EBRD unveils proposal to be majority green bank by 2025

The European Bank for Reconstruction and Development (EBRD) has unveiled an ambitious plan to scale up even further its climate and environmental...

Colliers represents European shoe market giant Deichmann

Colliers International, a leading commercial real estate advisory firm, represented the Deichmann Group in the renegotiation of a lease agreement for 13,000...

CEE is catching up to the Western countries in terms of production

Since 2004 the CEE-6’s share in EU manufacturing output has more than doubled, as measured by the output of its factories, with...