Hines Expands the Portfolio of Assets Under Management in Poland.

Hines has commenced its managing role of the office building located at Domaniewska 32 in Warsaw. The building is owned by Kronos Real Estate. At present, the fit-out stage is drawing to a close; the building was commissioned in January 2015.

This Class A property – developed by Kronos Real Estate – is conveniently located at the junction of Domaniewska and Pęcherska streets, in the rapidly developing business district of Mokotów. It offers over 16,400 square meters of office space and 1,400 square meters of retail space. Tenants include Nestle Group and Warbud Group companies.

In the office sector in Warsaw, in addition to Domaniewska 32, Hines Poland also manages Ambassador and Sky Office Center both purchased in 2014 by Hines Poland on behalf of the Hines Poland Sustainable Income Fund, as well as the New City complex on Marynarska street (purchased by Hines Poland in 2013 for Hines Global REIT).