Avestus Real Estate appoints Imagine contractors

Avestus Real Estate has chosen the companies responsible for construction of the Imagine project at the intersection of Piłsudskiego and Śmigłego-Rydza avenues in Łódź. The general contractor for the office complex will be Eiffage Polska Budownictwo S.A., while the multi-storey garage will be built by Goldbeck Sp. z o.o. All of the construction works, which will start in the second half of March, will be coordinated by the Avestus Real Estate team.

Eiffage Polska Budownictwo S.A. will handle the full range of construction work for the Imagine A and B buildings, including basement works, erection of buildings, installation works, assembly of the façade, finishing, and development of the site. Construction of the third building of the Imagine complex, the car park, will be coordinated by Goldbeck Sp. z o.o., specializing in comprehensive development of multi-storey car parks.

The Imagine complex will offer 14,800 m2 of office space and 2,400 m2 of retail space. The project will also offer a car park with 356 parking places and 49 double bicycle racks.

Mariusz Frąckiewicz, Director for Poland at Avestus Real Estate, commented: “Starting the realization of Imagine, we have focused on the general contracting system, entrusting work to two specialized companies responsible for the preparation of various elements of the complex. In our business we are always driven by efficiency, so we decided that this solution would be the most appropriate for Imagine and will ensure the success of the project. We are glad that the team of experienced professionals from Eiffage Polska Budownictwo, who we had the opportunity to get to know while working together on the Enterprise Park Kraków office complex, will also be one of our partners on the Imagine construction site. The other partner, Goldbeck, is an undisputed leader in the field of garage construction, with many years of experience and an impressive number of successful projects across Europe, which proves the correctness of our choice. We expect the construction work to last about 16 months and hope to be ready to welcome the first tenants in the second half of 2019.”

The modern Class-A office complex will consist of three buildings. Two of them (six-floor buildings) will offer a total of 17,200 m2 of commercial space. The third building, the farthest from al. Piłsudskiego, is a car park. A big advantage of the project is that it is located in the Łódź Special Economic Zone, which translates into hands-on, attractive incentives for investors.

Marek Kowalik, Director of the Southern Region at Eiffage Polska Budownictwo, said: “Our company is an expert in building construction. We have extensive experience implementing office, retail and industrial facilities. Cooperation in the next project developed by Avestus Real Estate is a significant distinction for us.”

The Imagine project will offer state-of-the-art technological solutions, including a building management system for monitoring and control installations inside the buildings, and a full heating, ventilation and air-conditioning system. The office complex will be completed in line with the requirements for a BREEAM Excellent certificate. The architectural design of Imagine is by DDJM Biuro Architektoniczne. The exclusive leasing agent is Colliers International.

Construction works are to begin in March, and the completion date for the project is scheduled between Q2 and Q3 2019.
Avestus Real Estate
Avestus Real Estate, a leading real estate advisor, developer and investor in Poland and Central Europe, has been operating on the real estate market for more than 20 years. The company carries out projects in the Czech Republic, Poland, Hungary and Slovakia, where it develops office, retail, mixed-use and residential projects. In the CEE region, the company has about two million square metres of commercial property under development, management or leasing advisory.
In Poland, Avestus Real Estate is recognized for such prestigious office developments as the International Business Center, Building F in Wiśniowy Business Park, the Warsaw Financial Center, and Enterprise Park (offices) in Kraków. Avestus Real Estate is actively engaged in all aspects of the development process, including planning structures, strategy, financing and managing a portfolio of various real estate assets. Avestus Real Estate is currently carrying out the Imagine modern office complex on the corner of Piłsudskiego and Śmigłego-Rydza avenues in Łódź.
Eiffage Polska Budownictwo

Eiffage Polska Budownictwo (EPB) belongs to the Eiffage Group, one of Europe’s biggest construction groups and concession operators. EPB has been operating in Poland for almost 30 years as a general contractor for construction services, specializing in comprehensive construction services for office, commercial, hotel, residential, industrial and sports buildings. The company has extensive experience in the construction of challenging, highly innovative and technologically advanced projects. Among the hundreds of EPB projects completed to date, the most important ones include Posnania, the biggest retail space in western Poland, which has been awarded a BREEAM International New Construction certificate; the multi-function OVO building in Wrocław; a hotel-residential complex in Zakopane; office buildings Brema in Katowice and Enterprise Park in Kraków; a production plant for Azoty Tarnów Group; construction of coal mills for the Jaworzno power plant; and housing estates Zajezdnia and Botanika in Poznań and Mennica Residence, Żoliborz Artystyczny and Studio Mokotów in Warsaw.

Goldbeck Sp. z o.o. belongs to Goldbeck International, one of the largest family-owned construction companies in Europe, employing over 6,000 people. Since 1969, the area of Goldbeck activities and services has been the design and comprehensive implementation of industrial and logistic facilities, office and administration buildings, multi-storey car parks, and solar facilities. Goldbeck implements projects based on systematized and catalogued elements from its own production. Steel and aluminium constructions as well as prefabricated reinforced concrete components are manufactured on an industrial scale at Goldbeck plants in Bielefeld, Hamm, and Treuen, Germany; Kutná Hora, Czech Republic; and Rakowice Małe, Toruń (Comfort S.A.), and Lućmierz (near Łódź), Poland. The quality of the company’s buildings has been maintained at a consistently high level for years thanks to the company’s own production. Goldbeck’s clients include international developers Segro, Goodman, P3, and Panattoni Europe; automotive companies Volkswagen, BMW and Audi; and retailers Real, Deichmann, Aldi and Kaufland. The biggest project in Poland (out of a dozen being carried out) is currently the construction of a second warehouse facility for Zalando in Głuchów.