NEWS

Warsaw/Bratislava, 18.3.2011 – HB Reavis Group is preparing start of construction in the coming days of an office building on the corner of the streets Suwak and Konstruktorska, a　dynamically developing office district in Warsaw’s Mokotów quarter. All applicable permits have now been issued for the land, acquired by the investor in October last year. The land under preparation is of an ideal rectangular shape measuring roughly 1.6 hectares, where one of the Warsaw’s largest business centres will stand with a　total area for rent of 47 500 m2. The plot is situated only two blocks from an important access communication, the international traffic artery E77 and the international airport Okecie.

“After optimising the originally proposed concept and setting up a strong project and leasing team we are now ready to launch our company’s first project construction in Poland. The office complex Konstruktorska Business Center simply through its dimensions represents a　major entry by the HB Reavis Group into the Polish commercial property market. The building will be open for use by spring 2013, with invested capital of almost €90 million,“ explains Roman Karabelli, spokesman for the HB Reavis Group.

Alongside the preparation of new projects the company is changing its strategy towards constructing buildings with long-term sustainable designs, with regard to the environment and energy efficiency. As the first major Slovak development company ever it is adopting a　strategy of general certification for all its projects under the system Building Research Establishment Environmental Assessment Method (BREEAM). In the BREEAM assessment process an independent certification authority evaluates dozens of parameters, including the management of valuable water resources, air quality, CO2 emissions, waste recycling and the implementation of social responsibility projects.

“The Konstruktorska Business Center project in Warsaw is now fully ready for „green building certification”, while the project River Garden Office in Prague is now undergoing the “green building” certification process. It is also possible to certify a building already in operation, and to adjust a building so that it meets the strict standards. For this purpose we are now preparing a　technical construction solution that will enable us to install photovoltaic technology on all the roofs of the Apollo Business Center II complex in Bratislava. The use of renewable energy in the largest office complex of Central Europe will contribute to reducing its energy consumption,” concluded Mr. Karabelli.

For more information contact:
Roman Karabelli
HB Reavis Slovakia, a.s.
Prievozská 4, 821 09 Bratislava
Phone: +421 2 58 30 30 30
Fax: +421 2 58 30 30 00
Mobile: +421　905　972　912
E-mail: roman.karabelli@hbreavis.com
www.hbreavis.com

HB Reavis Group has been active in the Slovak property market since 1993. It expanded its activities into the Czech Republic in 2006 and the following year into Hungary. In 2008 came Poland and in 2010 the group also opened offices in Croatia. The major completed constructions include the shopping-entertainment centres Aupark Bratislava, Aupark Piešťany andAupark Žilina, office premises Apollo Business Center IandII, City Business Center I-II – all in the Slovak capital city of Bratislava. Its capital investment plan, which just for Slovakia and the Czech Republic reaches two billion euros, is dominated by the multifunctional complex Twin City, office complex CBC III-V inBratislava, the Konstruktorska Business Center in Warsaw andthe River Garden Office in the Prague’s Karlín quarter. HB Reavis Group after its successful realisation of the shopping-entertainment complex Aupark inBratislava, Piešťany and Žilina, is expanding this successful project not only in other regional towns of Slovakia, but also abroad. An Aupark will stand also in Košice, Trenčín, Ružomberok, Brno, Hradec Králové and inKarviná.

BREEAM (Building Research Establishment Environmental Assessment Method) is used for environmental assessment of new and existing buildings. It was developed in Great Britain. It is used for assessing residential, office and industrial buildings, shops, schools or correctional facilities. Designers view this method as a suitable tool in designing environmentally appropriate and permanently sustainable buildings. The BREEAM method assesses buildings in the fields of management, energy, health and wellbeing, pollution, transport and ecology, materials, wastes and water. More at www.breeam.org.