Poland Financing secured for completion of The Park Kraków
Constructionschedule 28 January 2022
The Park Kraków will eventually comprise eight buildings with around 100,000 sqm gla
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International investor Cain International and its local development partner, White Star Real Estate, have secured a EUR 36 mln loan from PKO BP to complete the development of The Park Kraków.
Eventually, eight buildings are to be constructed with a total of 100,000 sqm of campus-style offices. Work started in June 2020 and Building 1 is to be completed in Q2 2022 with 4F responsible for the final fit-out. The project is one of the seed assets of Cain’s European Real Estate Opportunity Fund I (‘EREO I’), its debut European fund, which closed in May 2021 with commitments totalling EUR 324 mln.
We remain extremely confident in the role that offices will play in the
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