PL

Cautiously opportunistic

Office & mixed-use development
TriGranit has spent the last few months analysing each individual market segment. Are you now ready to leap into action?
Beata Kokeli, head of asset management and Poland country manager, TriGranit: Yes, we are, we are starting the development of building H (with app. 10,000 sqm gla and 209 parking spaces) in the Bonarka for Business (B4B) office complex in Kraków. This will extend the B4B business park to 75,000 sqm. Hamer Polsk has begun the ground work on the eighth office building in B4B. We’re currently selecting the subcontractors for the construction work. We expect that it will start at the beginning of 2018 with the centre to be put into operation in Q2 2019. We’ve also been granted a building permit for two other developments: Millenium Garden in Budapest and Lakeside Park in Bratislava. We’re currently holding a tender for the contractor in Budapest, so I hope we will also be starting the construction work there at the beginning of 2018. Bratislava will probably start in April. Admittedly, we do not normally build speculatively, but we are currently in very advanced negotiat
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