Futureal Investment Partners, a member of Futureal Group, has finalised the ESG repositioning of its Wratislavia Tower in Wrocław, Poland.
During the process, the building also received a BREEAM Excellent in-use certificate. The retrofitting project followed Futureal’s “Office Impact Strategy”, whereby older office buildings are being redeveloped to meet modern ESG market standards.
The 11-storey, glass-walled Wratislavia Tower offers 12,846sq m of mix-use space including an office, a hotel, entertainment element including cinema, a fitness centre and 140 underground parking spaces.
“The Wratislavia Tower projects fit into our strategy, which focuses on value-added and opportunistic investments that are expected to deliver high returns. We continue to invest in properties with excellent potentials in the office, retail and logistics sectors,” said Karol Pilniewicz, CEO of Futureal Investment Partners.
Throughout the process, the asset remained fully operational and leasing activities continued, leading to a 100 per cent occupancy rate with a weighted average length of the lease beyond a ten-year period. The main tenants, the City of Wrocław and Focus Hotels S.A., occupy 52 per cent and 26 per cent of the space, respectively. Focus Hotels, a leading Polish hotel operator, plans to open the Focus Hotel Premium Wrocław, adding 87 rooms and suites of four-star quality, along with a restaurant, conference room and fitness facilities.
