Hines Acquired Sky Office Center.

In the last days of 2014, Hines acquired the Sky Office Center office building in Warsaw on behalf of the Luxembourg-based Hines Poland Sustainable Income Fund (HPSIF). Hines Poland provides asset and property management to the Fund.

Sky Office Center is a modern Class A office building. Located at the intersection of Rzymowskiego and Modzelewskiego Streets, the six-story building totalling 4,800 square meters is fully leased. An elegant reception lobby and retail space are situated on the ground floor. The tenants of Sky Office Center have an underground car park for 57 cars at their disposal. The building was completed in September 2013.

Located in Warsaw’s Służewiec next to a dynamically growing business district of Mokotów, the development guarantees its tenants access to complex infrastructure, public transport and main arterial roads that allow for a fast commute by car both to the center of the city and the Chopin Airport.

In line with the objectives of the HPSIF, best sustainability practices will be implemented in the building, especially regarding its management and cooperation with tenants. In accordance with Hines’ standard practice, Sky Office Center’s BMS system will also undergo improvements.