Revetas Capital has recently concluded the disposal of Bonarka Meadows in Krakow, a permitted residential development project, to Henniger Investment S.A. Bonarka Meadows is positioned on two land plots adjacent to Building G and Building H which are part of the class-A office complex Bonarka for Business “B4B”, a 77,000m2 fully “BREEAM” certified complex hosting an array of blue-chip tenants.
The project is located next to one of Krakow’s dominant shopping centres, creating a cohesive and unique live-work-play concept. The land plots have a total development area of 10,400m2 with building permits in place for 20,800m2 residential purposes and are planned to deliver 434 modern apartments spread across 4 buildings, each with 10 above-ground storeys. The Bonarka for Business “B4B” complex is a landmark office development of TriGranit.
Vlad Dragoescu, Director, CEE Head of Portfolio Management at Revetas Capital, stated: “We are pleased with the successful transaction with Henninger Investment, a reputable Polish partner known for their extensive experience in residential developments. With a strong focus on achieving a perfect work-life balance and maximizing the utilisation of the land plot, this project will greatly benefit our business community and its employees in the Bonarka for Business "B4B" office park. The integration of various functions, including office, retail, leisure, and a future residential component, will complement each other and enhance the district's overall appeal. This strategic move will create a unique cluster and further solidify B4B office park’s position in the region as one of the most attractive destinations for the live-work-play concept, a vision that Revetas Capital has had since the inception of Bonarka for Business regeneration project, that is now becoming a reality.”
Image provided by Revetas Capital.
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