CATEGORY
Investment Deal of the Year, CEE
The transaction covers two prime office properties located in Krakow’s vibrant commercial market. Two buildings of the High5ive office project offer approx. 23,400 sqm GLA and were completed in Q1 and Q2 2018. High5ive is a project that combines different energies generated by Krakow: diversity, creation, happiness and innovation. I phase of building implementation is a unique place located in the center of the city. The objects’ architecture fits into the urban tissue and refers to the closest surroundings - the Cracow University of Technology. The is a space between the buildings with special rest areas, water supply and the green patio which enjoys the eye of the users whatever time of the year. Right next to the office building on the wall of Galeria Krakowska, on the initiative of Skanska, was created a mural inspired by the works of S. Lem. For cyclists, the complex has an original concept called Bike5ive, taken from Scandinavian models, with an extensive infrastructure for lovers of two wheels: a bicycle center with a multi-storey car park, repair points, charging stations for electric bikes, and changing rooms with showers for cyclists.
Name of the deal
The date of closing the deal
Value of the transaction (in EUR)
Yield
Seller, plus brief information about the company
Consultancy which advised Seller
Purchaser, plus brief information about the company
Consultancy which advised Purchaser
Financing institution
Current occupancy level
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