Revetas Capital has finalized the sale of land with permission to build a residential project – Bonarka Meadows – in Krakow. The buyer is Henninger Investment S.A., a Polish company operating in the investment sector for over 30 years. The Bonarka Meadows project is located on two plots adjacent to Building G and Building H that form part of the Bonarka for Business “B4B” office complex. On the plots that are the subject of the transaction, with a total development area of 10,400 sqm, residential properties of 20,800 sqm can be constructed. This will allow for the delivery of 434 modern apartments to the Krakow market, located in four buildings, each with 10 above-ground floors. The Bonarka for Business “B4B” complex is an office investment executed by TriGranit company, who also developed the residential concept for Bonarka Meadows and carried out the works related to obtaining the necessary permits and selling the land along with the project.
The B4B office complex with a total area of 77,000 sqm is BREEAM certified and is the headquarters of many companies recognized in their sectors. B4B features a unique location: one of the largest shopping centers in Krakow is located in its immediate vicinity. The functions in the adjacent properties complement each other and provide a convenient location for tenants and property users for work and leisure, and soon also for living.
Henninger Investment Group has been operating in the Polish market since 2006, focusing on acquiring and managing real estate projects. The developer’s flagship project, the Visionary Estate, is located in Krakow and consists of 16 buildings housing over 1,600 apartments. The investment was built on an area of 80,000 sqm.
Henninger Investment builds with the comfort of residents in mind. To enhance the comfort of its residents, among other things, it has developed a housing estate passage, which offers various amenities including grocery and specialized stores, hair and beauty salons, restaurants, cafés, pastry shops, nurseries, kindergarten, and a health center.
To support the local community and build strong bonds, a multifunctional neighborhood club for residents was created within the Visionary Estate project. This is the first such place on the residential map of Krakow.
Henninger Investment’s development plans are ambitious and wide-ranging. The company has purchased plots in cities such as Gliwice, Katowice, and Wroclaw, and thanks to the successful Bonarka Meadows transaction, it has already started construction works in Krakow.
“We are pleased with the successful transaction with Henninger Investment, a reputable Polish investor known for significant experience in residential investment delivery. In our commercial project Bonarka for Business “B4B”, we place particular emphasis on creating a friendly internal and external environment for our tenants and users of premises, which promotes maintaining a balance between private and professional life. Various functions at this location, including office, retail, recreational, and the future residential, will complement each other and add value to one another. The realization of high-quality residential investment will further strengthen the position of this location on the map of Krakow, as the most attractive place for the live-work-play concept. This idea has guided Revetas Capital from the beginning of the implementation of the Bonarka for Business revitalization project,” emphasizes Vlad Dragoescu, Director, CEE Head of Portfolio Management at Revetas Capital.
