ECO Małachowski Square taken over by Kulczyk

Count Raczyński revitalized tenement house
Building offers jointly 13 064 sq. m of office space
Kulczyk Silverstein Properties took over a revitalized and over a hundred-year-old tenement house of Count Raczyński at Małachowski Square in Warsaw. The property was purchased from HOCHTIEF Development Poland.

A complex modernization of the tenement house, which was executed by HOCHTIEF Development Poland company with a close cooperation of the Capital Historic Buildings Inspector, allowed to build a structure offering modern space class A. Moreover, the investment was developed, thanks to which the building offers jointly 13 064 sq. m of offices and 1368 sq. m of area intended for a service and commercial as well as gastronomic function. The tenants may benefit from 100 parking places located in a two-storey underground garage. Furthermore, the project was pre-certified in BREEAM system in June 2013 with an envisaged Very Good note. It is also worth mentioning that historical glazed windows were restored on the ground floor.

 

We are proud that this pearl of architecture – which Małachowski Square definitely is – acquired a proper brightness. This projects shows how perfectly we may combine tradition with modernity. We are convinced that currently it is one of the most beautiful and cozy office projects in the capital – says Piotr Krawczyński, Managing Director and member of Kulczyk Silverstein Properties board.

 

The investment’s revitalization also includes surrounding public space. The finishing of a thorough revitalization of Małachowski Square by a coalition, in which there are representatives of the investor, Śródmieście District of Warsaw, National Museum of Ethnography in Warsaw, the Holy Trinity Lutheran Church in Warsaw and Zachęta – National Gallery of Art, is planned on 2016.

 

Kulczyk Silverstein Properties (KSP) is an international investment and developer company with the headquarters in Warsaw. It is a joint venture between Kulczyk Real Estate Holding Sarl (KREH) and Silverstein Properties, Inc. (SPI). KSP was founded at the end of 2010 and it is professionally engaged in building and investing in office and commercial properties in the Central and Eastern Europe. KSP shareholders have jointly in their portfolio over 3,25 million sq. m of commercial, residential and sales space in the United States and the Central and Eastern Europe.

 

Silverstein Properties Inc. (SPI) with a headquarters in New York is an investment, management and building company which is run by Larry Silverstein, chairman and chief executive officer. Currently, the company’s portfolio includes 850 000 sq. m of commercial and residential properties. SPI has 10 billion $ of planned investments together with three new skyscrapers on the area of World Trade Center in New York and Four Seasons projects in New York and Orlando.


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