Aon – a new tenant at Enterprise Park

April 2016

Aon – a new tenant at Enterprise Park

Aon, the risk management services provider, has leased almost 11,000 sq m at Enterprise Park in Cracow. The agreement concerns the office space in building E, which is currently under construction, and includes an expansion option for another 6,000 sq m. It was made for 10 years. The tenant was represented by CBRE in the lease negotiations process.

Aon plc (NYSE:AON) is the leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 72,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative and effective risk and people solutions and through industry-leading global resources and technical expertise.

'We have chosen Enterprise Park owing to its convenient location and flexible office space. After moving to the complex, we will be able to consolidate our Cracow offices, improve cooperation and human capital management. Moving to the new location will also allow for further expansion and business development,' said Paul Crayford, EMEA Director – CRE Strategy & Transactions for AON.

‘Cracow remains the most attractive city in Poland for BPO/SSC companies. Over 180,000 sq m of leased space in 2015 and 200,000 sq m under construction prove a rising interest in the city. It is not only the availability of highly qualified employees, but also the overall business climate that attracts new brands to Cracow and gives a reason for the existing ones to stay and expand,’ said Kamil Tyszkiewicz, Associate Director, Office Agency, CBRE.

The Enterprise Park complex is located in the south of Cracow, which guarantees hastle-free commute by car and public transportation, as well as the vicinity of the airport and large housing estates. The project currently comprises four A class office buildings with a 100% occupancy rate, and a total area of almost 36,000 sq m. Two subsequent buildings: E (15,600 sq m) and F (10,900 sq m) are under construction, and are scheduled to be completed in 2017.

‘Enterprise Park is one of the best locations in Cracow for rapidly growing businesses. Owing to the high standard of the space available for lease, state-of-the-art technical solutions and a proactive approach towards managing the office complex, we enjoy unceasing trust of both current and new tenants,' said Marta Wybrańska, Leasing Director at Avestus Real Estate.

During the negotiations Avestus Real Estate (co-owner of the complex) was advised by DPPA Legal – Mr. Piotr Grzonek and Aon was advised by Crido Legal Real Estate – Mrs. Joanna Winter-Szymańska.

Both the buildings under construction and the ones completed earlier comply with stringent eco-certificates and BREEAM certification standards. A total of 1,370 parking spaces will be available for tenants and visitors.

The architectural design of all buildings was created by the architects’ studio DDJM Biuro Architektoniczne. Eiffage Polska Budownictwo is the general contractor of the investment. Enterprise Park has been owned by Tristan Capital Partners and Avestus Real Estate under a joint venture agreement since May 2015.