Privately held real estate investment firm Cain International and its local development partner White Star Real Estate announced on Thursday that they have started work on The Park Kraków, a major office development in the Polish city.
The development will comprise eight buildings and provide 100,000 m2 of new Grade A campus-style office accommodation close to both the Kraków Plaszów train station as well as numerous bus and tram stops.
Liam Le Roux, head of European asset management at Cain International, said: ‘Kraków is one of the most dynamic cities in Poland and continues to experience significant demand from high-growth businesses in the BPO, IT and R&D sectors. The Park Kraków will deliver high quality and spacious office accommodation that has been designed with forward thinking tenants in mind, providing significant health and wellbeing benefits that will continue to remain crucial in the new working environment.’
Cain and White Star are also jointly developing PZO, a 18,000 m2 mixed-use scheme in Warsaw’s Praga district.
