Długi Targ Hotel Project Renovation progresses!
FIRST MAJOR LEASE: EGYM LEASES 6.000 SQM OF OFFICE SPACE IN THE BAVARIA TOWERS MUNICH
- 10-year-lease agreement signed
- High-tech company in the fitness and health business will occupy 4 floors in the Blue Tower
- Developers currently in advanced talks to conclude further leases
A major lease has been signed for one of the most spectacular real estate projects in Munich. Bayern Projekt GmbH has concluded for the Bavaria Towers in the east of the regional capital, a long-term office lease agreement with eGym covering 6.000 sqm of office space.
The high-tech company in the fitness and health business will move its headquarters, after completion of the four-tower project end of 2018, to floors 1 to 4 of the Blue Tower belonging to investor Von der Heyden Group. The tenant has been advised by Igenus Immobilien and Bayern Projekt by Colliers International.
Sven Renz, Managing Director of the real estate developer Bayern Projekt says: ‘The Bavaria Towers are one of the most spectacular developments in recent years in Munich. With construction progressing we simultaneously see a strong demand for office space and it is with great pleasure that we can now announce the conclusion of this major lease with the innovative and successful eGym in line with our leasing strategy.’
Sven von der Heyden, Chairman of the Von der Heyden Group says: ‘We are delighted to welcome eGym to Bavaria Towers, after the successful complete lease-up of the White Tower to H-Hotels we are now starting to harvest the fruits after a 12-year long journey. My sincere thanks to all our consultants and in particular to Bayern Projekt.’
The conclusion of the lease comes on the back of other milestones surrounding the mega-project comprising a total of 62.000 sqm of office space in its three 46 to 84-meter office towers. For the 15.600 sqm hotel building White Tower the tenant H-Hotels recently announced that it will open Munich’s first Hyperion Hotel covering 15 floors. With the move of eGym, which through the digitalization of training facilities contributes to the optimal functioning of gyms for all user groups, the group of tenants is further expanding.
Currently Bayern Projekt is in advanced talks with various other large interested tenants. Markus Turrek, Executive Project Manager at Bayern Projekt: ‘We are convinced that in the next weeks to months further major leases can be announced.’
Bavaria Towers completed soon
The construction works on Munich’s new landmark project are progressing in line with expectations. The main construction of the buildings has been finalized and the finishes of the inner parts as well as the technical installations is in an advanced stage. Full completion of the project is expected for end of 2018. With the Bavaria Towers, one of the most important real estate developments of Munich in the last decade become a reality, that will redefine the eastern part of the city.
The 380 million Euro project at the crossroads of Einsteinstrasse and Prinzregentenstrasse is the first high-rise project in many years being developed in Munich. The initiator of the project is Bayern Projekt GmbH, which is realizing the project after more than 12 years of preparation time together with the investors Von der Heyden Group and Zurich Insurance Group Germany. The construction started two and a half years ago.
Cugo Gran Macina Grand Harbour in Malta officially opens!
IBB Hotel Collection, a subsidiary of Von der Heyden Group, an international recognised developer and investor in bespoke Hotel developments, on May 3, 2018 celebrated the opening of the legendary Macina as Cugó Gran Macina Grand Harbour. This signals the arrival of a new home for visitors seeking a new-world charm in one of Malta’s historical and walled cities, Senglea, which forms part of the famous three-cities opposite the capital of Valletta
The opening ceremony was held on the property’s rooftop event venue, The Sheer Bastion, which unfolds breath-taking views along with a sweep of history dating back to the 16th century and hosted many dignitaries from Malta and abroad, among others Malta’s honourable Prime Minister – Dr Joseph Muscat.
Built in 1554 by the Knights of St. John, Macina has been one of the Grand Harbour’s most renowned landmarks, deriving its name ‘Macina’ (originally ‘macchina’) from the large sheer crane structure, used to hoist masts and other heavy cargo, which was eventually dismantled during the British period in 1864.
The Cugó Gran Macina Grand Harbour has 21 rooms and each them has its own unique design, moulded according to the design of the bastion. The furniture is mostly modern, but there are some quirky additions – such as a basin with spectacular views overlooking the Grand Harbour.
Cugó Gran Macina is also the first member of Design Hotels in Malta – a select group of boutique and design-luxury driven hotels around the world and forms part of SPG´s worldwide loyalty program.
More information about the openning of Cugo Gran Macina Grand Harbour, please see with the kind courtesy of:
- Love in Malta: Inside The New Luxury Hotel Carved Into A Senglea Bastion
- Malta Winds: IBB celebrates opening of legendary Macina in a new avatar
- Times of Malta: Macina officially opens as all-suite hotel
Second Major Lease in the Bavaria Towers: 5,400 SQM of office space leased to high-tech giant from Silicon Valley
Bavaria Towers still on course for success: high-tech giant from Silicon Valley leases 5,400 m² office space in the Blue Tower
• 10-year lease contract with an option to lease expansion space
• Smart and rapidly expanding US-based high-tech company
• Other lease contracts in final negotiation
Bavaria Towers is one of the most spectacular real estate projects in Munich and is on course for further success: the developer Bayern Projekt GmbH has recently concluded a new long-term lease for 5,400 m² lettable area in the property complex located in the east of the state capital. The lease with a US-based high-tech giant includes an option to lease expansion space. The IT company is headquartered in Silicon Valley, one of the most important locations in the IT and high-tech sector, and will relocate its Munich office to four floors in the Blue Tower at Bavaria Towers from February 2019, with an option to lease further space. The company is one of the world’s leading manufacturers of graphics processors and micro chipsets. The letting was brokered by Colliers International. Sven Renz, Managing Director of the developer Bayern Projekt, is excited about the deal: “The development of Bavaria Towers is one of Germany’s most visionary real estate projects under the mission statement ‘tomorrow starts today’. The fact that a high-growth high-tech company from Silicon Valley has selected the Blue Tower as the location for its Munich office is unequivocal proof of the attractiveness of the complex for the future-orientated IT sector, which lays great store by a pleasant and innovative working environment for its workforce, in view of the shortage of qualified staff.”
The new tenant in Bavaria Towers is one of the world’s leading high-tech companies, specialising in graphics processors and micro chipsets, which has recently firmly positioned itself in the fields of artificial intelligence, gaming and components for autonomous cars. The deal is the second major lease to be concluded over the last few weeks and is the most recent success story surrounding the landmark project. Bavaria Towers comprises a total of 62,000 m² lettable area in three office towers plus a hotel high-rise with 15,600 m², known as the White Tower. The buildings are between 46 m and 84 m high and are an impressive addition to the skyline of the Bavarian state capital. Bayern Projekt says that the marketing of the property is on a roll: “We have a large number of serious enquiries from tenants looking to lease our complex, and as construction progresses the project is becoming ever more visible and highly sought-after on the Munich property market. We are sure to announce further major lettings to anchor tenants over the next few weeks”, explains Markus Turrek, commercial project leader and signing officer at Bayern Projekt GmbH.
The investor Von der Heyden Group is also delighted with the current project status: “We are now on the home straight towards the completion of Bavaria Towers and the conclusion of the second major lease contract is a decisive milestone in the 12-year history of this extraordinary project”, says Sven von der Heyden, Chairman of Von der Heyden Group. “We are very confident that we will let the remaining space in the upper floors during the course of the next few months and I would already like to extend my thanks on behalf of all the owners to the teams at Bayern Projekt GmbH and Colliers International Deutschland GmbH for the very successful collaboration.”
Bavaria Towers redefine Munich’s East
Building works on Munich’s new premium property are proceeding according to plan, and the internal fit-out and installation of technical building services are already at an advanced stage. The €380 million building complex at the corner of Einsteinstrasse/ Prinzregentenstrasse will not only be one of Munich’s largest development projects but will also visually redefine the eastern gateway to the city centre. The initiator of Bavaria Towers is Bayern Projekt GmbH, which is developing the project after over 10 years of preliminary works and planning together with the investors Von der Heyden Group and Zurich Gruppe Deutschland. Completion is planned for year-end 2018.
Von der Heyden Group announces multi-million investments in Ukraine and new appointments in line with the further expansion of the Group
Von der Heyden Group, a leading high-quality niche player on the European Real Estate market recording impending acquisitions and developments with a value of over half a billion euro, has announced multi-million investments in Ukraine. The group, renowned for creating landmark Class A office buildings and Hotels and in achieving record prices for its award-winning projects, plans to invest between 50-100 million US dollars in Kyiv and Lviv in the coming three years after finalising currently ongoing due diligence on various assets. The Group, with extensive experience of being a first mover in upcoming markets, would invest its own funds as well as that of third parties.
Von der Heyden Group is undergoing the finalization of Munich’s largest development project Bavaria Towers, having recently signed various 10-year lease contracts for the state of the art project with a total investment value of €180 million. In addition, the group is recording a successful return on investment in its recently completed, historical addition to its subsidiary 13-hotel hospitality group IBB Hotel Collection, IBB Dlugi Targ in Gdansk, Poland. The Group is also planning the final development phase for Poznań’s highest building Andersia Silver, with an investment value of Euro 110 million.
Von der Heyden Group, has announced new appointments in line with the further expansion of the Group into new markets and consolidation of central operations in Malta. Mr Bob Rottinghuis, who has dedicated 10 years as a consultant to the Group before his role as Chief Operating Officer in 2016, assumes the role of Group Chief Executive Officer. Mr. Rottinghuis was fundamental in configuring a €25 million bond issue in Malta in 2017 for the group, recorded as the most traded bond in terms of number of transactions during the year 2018. In addition, Tonio Fenech, former Finance Minister of Malta until 2013, has joined the Management Board of TIMAN Investments Holdings. Mr Fenech was responsible with his fellow cabinet members, for Malta’s successful economic development during his ten-year tenure and laying the grounds for today’s economic unprecedented boom.
The year 2019 marks the Von der Heyden Group’s 30-year anniversary in Europe.
Von der Heyden Group Chairman, Sven von der Heyden:
‘We look back on three incredible decades with many landmark projects which have led us to where we are today, starting from zero back in 1989. We are very proud to have a team of almost 400 people who contribute at all levels to the continuing success of our Group in our real estate investments and developments, our hotel group IBB Hotel Collection as well as in our alternative investments. We look forward to two new developments in Ukraine this year, marking our expansion into a 5th market beyond Germany, Poland, Spain and Malta, and in contributing to the country’s further growth and development.’
VDHG Press Release Ukraine New Investments UA
VDHG Press Release Ukraine New Investments RUS
VDHG Press Release Ukraine New Investments ENG
Cugó Gran Macina Grand Harbour awarded European Prix Versailles for design
The secretariat of the Prix Versailles, in association with UNESCO and with the International Union of Architects (UIA), has announced that the firm of Edwin Mintoff Architects has been awarded the European Prix Versailles Special Prize for the design of the Cugó Gran Macina Grand Harbour in Senglea in the category of Exterior Hotel Design. The Prix Versailles is awarded in recognition of the best projects around the world and the winners are rewarded for their “extraordinary architecture and design”.
The Secretariat summarised the award process by reiterating its mission statement:
“Inspiration, Progress and Inclusion: the Prix Versailles continues to pursue its mission of making architecture and design into tools for sustainable development with its various components: ecology (green economy) and society and culture (purple economy).”
Following a far-reaching call for submissions and a systematic press review, the winners have now been invited to compete for the World Title with the successful participants to be unveiled at the World Finale being held at the UNESCO Headquarters in Paris this coming September. As winners of this award, Edwin Mintoff Architects will be representing Europe in the Category of Exterior Hotel Design, to compete against the winners of the other five continents for the World Title. The firm was already awarded both the Din l-Art Helwa prize for ‘The Rehabilitation and Re-Use of Buildings’ and the Malta Architect Award in ‘Hospitality, Tourism Accommodation and Leisure’ for this project, and was also shortlisted for the Premju Galizia Urban Regeneration Award. The Cugó Gran Macina Grand Harbour forms part of the luxury Cugo Gran sub brand of international IBB Hotel Collection, with 13 hotels in Germany, Spain, Poland and Malta.
Hammett’s Macina Restaurant at Cugó Gran Macina Grand Harbour Hotel Named ‘Luxury Heritage Restaurant’ in Europe at 2019 World Luxury Restaurant Awards
Hammett’s Maċina Restaurant located within the walls of the Sheer Bastion fortress in Senglea, Malta – home to luxury boutique hotel, Cugó Gran Maċina Grand Harbour – has been named ‘Luxury Heritage Restaurant’ in Europe at the 2019 World Luxury Restaurant Awards.
The 4th annual World Luxury Restaurant Awards ceremony was held at The State Hermitage Museum Official Hotel in St. Petersburg, Russia on the 5th July with representation from over 90 countries. The World Restaurant Awards recognize establishments for world-class service excellence. Awards are presented on a country, regional, continental and global basis. Winners are selected by public vote online, providing true recognition that reflects the hard work and dedication exhibited by staff.
Unimaginable history seeps from the Maċina’s ancient walls. Built almost half a millennium ago by the Knights of Saint John, the Maċina has been a landmark for centuries and now hosts Hammett’s Maċina Restaurant. The gastronomical concept is a take on the islands’ succession of powers with a modern representation of traditional Mediterranean culinary influences that date back to the Phoenician times, and using the finest local, seasonal produce. The Kitchen brigade is led by Chef de Cuisine, Francisco Carrasco, and directed by the Maltese multi award-winning Chef and restaurateur Chris Hammett.
“We are delighted to receive such a prestigious award for our youngest brand at Hammett’s Collection”, Says Chris Hammett. “Winning the ‘Luxury Heritage Restaurant’ award is testament to team’s hard work in achieving both our cultural and gastronomic goals for a unique concept that draws from the islands’ culinary history”.
“We are so delighted for Chris, Francisco and the team,’ says Sarolta Mike, Hotel Manager of Cugó Gran Maċina Grand Harbour. “Hammett’s Maċina Restaurant has really helped us put Senglea on the map, certainly amongst our international guests. It is immensely popular of course also amongst the locals! We feel very fortunate indeed to have so much culinary talent and flair going on within our hotel walls!”
Hammett’s Maċina Restaurant launched in February 2018 following the opening of the 21-suite Cugó Gran Maċina Grand Harbour hotel and the meticulous renovation of the Maċina; the Sheer Bastion structure which was originally built in 1554 during the reign of Grand Master Claude de la Sengle. Maltese architect Edwin Mintoff created the hotel’s luxurious minimalist design whilst preserving original historic features to blend natural and traditional materials with modern, clean lines. In June, Edwin Mintoff Architects was awarded the European Prix Versailles World Architecture & Design Award in the ‘Exterior Hotel Design’ category.
Both Cugó Gran Maċina Grand Harbour and Hammett’s Maċina Restaurant are under the management of IBB Hotel Collection. IBB currently operates 15 hotels across Europe and is part of the Von der Heyden Group which has over 30 years of expertise in leisure and real estate.
Rates at Cugó Gran Maċina Grand Harbour, a member of Design Hotels™, start from €159 per night room only.
Von der Heyden Group celebrates its 30th Anniversary in Munich
The Von der Heyden Group announced its 30th Anniversary as a leading international investment firm in the European Real Estate market recording impending acquisitions, developments and offices in over 10 strategic locations (*) around Europe. The group was founded in 1989 as a financial advisory firm in Munich, Germany and quickly grew into a real estate investment and development firm with its first projects in Dresden and Berlin later followed by Warsaw.
Since its inception, the Von der Heyden Group has today recorded an investment program, impending acquisitions and developments with a value of over half a billion euro. The group is renowned for configuring a high return on its investments, its high-end finishes in its developments and for achieving record prices for its award winning projects when sold.
The Von der Heyden Group conducts four pillars of business with an international team of over 400 people; including real estate investments and real estate developments, its hotel group IBB Hotel Collection as well as alternative investments.
The investment firm has this year announced multi-million investments of its own funds and that of third parties in Ukraine, marking its expansion into a 5th market beyond Germany, Poland, Spain and Malta in light of strengthening Ukraine’s economic growth and development. The group, with extensive experience of being a first mover in upcoming markets, plans to invest between 50-100 million US dollars in amongst others Kiev and Lviv.
Von der Heyden Group Chairman, Sven von der Heyden:
It is with great pleasure to celebrate the Von der Heyden Group’s 30th anniversary in Munich where it all started for the group back in 1989. 2019 marks three decades of trust in Europe with exceptional growth and landmark projects which have led us where we are today. Results have shown that our vision can be turned into reality, with a goal of growing our net asset value to over EUR 100m within the next 5 years.
The Von der Heyden group celebrated its 30th Anniversary with a reception at the BMW Welt in Munich. Bob Rottinghuis, the Von der Heyden Group’s Chief Executive Officer presented an authentic piece of the Berlin Wall to Chairman Mr. Sven von der Heyden to mark the group’s 30 years of trust in Europe and synonymously, to commemorate the fall of the Berlin wall, a monumental time in history in 1989 when the group was founded.
VDHG 30th Anniversary Press Release ENG
The Von der Heyden Group Corporate video. Commemorating 30 years of Trust in Europe since 1989.
Von der Heyden Group opens New Offices in Ukraine for multi-million euro Real Estate investments in Kyiv and Lviv
Von der Heyden Group, an international investment firm on the European Real Estate market with a value of over half a billion euro in aggregated invested assets, has opened new offices in Kyiv in Q4 2019 to establish multi-million euro investments in Ukraine. The Group is renowned for being a first mover in emerging markets, creating landmark Class A office buildings, running award winning hotels and delivering superior returns from real estate investment.
The Group, founded in Germany in 1989, will invest around €50 million in commercial and residential properties in Kyiv and Lviv during its preliminary phase, aiming to increase this to up to fourfold in its mid-term portfolio expansion in a favourable market.
“Ukraine’s market is rapidly maturing, as the country continues to strengthen its institutional framework and align its economy with that of the European Union. For these and other positive reasons it tops the Von der Heyden list in offering the right investment opportunities. As we have done in Poland, our Group intends to make a lasting mark in Ukraine by being one of the first international real estate investors.”– Robert Rottinghuis; Chief Executive Officer, Von der Heyden Group
The new offices in Ukraine marks the Group’s further expansion as an international private investment and real estate firm with representative offices in eight countries.
The Von der Heyden Group has appointed a local expert team, formed to expand the Group’s real estate portfolio led by Mr. Dmitry Havrylenko who assumes the role of Chief Executive Officer in Ukraine. Mr. Havrylenko until recently held the postion of National Director and head of the Ukrainian office of global investment management firm, Jones Lang LaSalle (JLL) and has been a valued counsellor to a number of leading professional services and investment firms. Having attracted more than USD 1 bln for Ukrainian companies, the Group’s Ukraine office CEO comes with over 15 years of experience in investment banking, private equity and real estate investments.
Tatyana Yarmolitskaya, a real estate professional with over 15 years of experience in real estate finance, investments and asset management joins the Von der Heyden Group as Investment Director. Until recently Ms. Yarmolitskaya held the role of Head of Capital Markets at the Kyiv office of Jones Lang LaSalle (JLL).
Daniel Parsai, a lawyer by background with specialization in local and international taxation also joins the team as Legal & Tax Director, having worked on a variety of M&A and real estate transactions for multinationals and international institutional clients. Until recently Mr. Parsai held the role of Associate with the tax practice of leading Ukrainian law firm, Arzinger.
VDHG Opens New Offices in Ukraine 24 01 2020 ENG
VDHG Opens New Offices in Ukraine 24 01 2020 UKR
Bavaria Towers: Leading German Asset Manager acquires Blue Tower from Von der Heyden Group
International investment firm Von der Heyden Group has announced the sale of Blue Tower at the Bavaria Towers to leading asset manager on the German market Real I.S consortium, after having secured long-term lease contracts for the state of the art project. The 18-storey Blue Tower acquired from the Group with co-developers BayernProjekt and co-investors Zurich Gruppe Deutschland, is the second highest tower of the four-part high-rise complex in Einsteinstrasse in Munich with a gross floor area of over 24,000 square meters. The tower has been sold at a record yield of less than 3%, registering the highest rate of return of equity for the Von der Heyden in their A-Class building portfolio.
The investment was made by Bayerische Versorgungskammer (BVK) fund managed by the largest AIFM in Luxembourg, Universal Investment. Real I.S.’s asset management mandate and purchase transaction included the asset and SPV management of the tower, complete with long-lease tech giant tenants NVIDIA and BayernHeim as well as Golding Capital Partners. The sale was collaborated by Colliers International and law firm Arnecke Sibeth Dabelstein where the parties have agreed not to disclose the acquisition price.
Sven von der Heyden, Chairman and founder of the Von der Heyden Group: “The Bavaria Towers was one of the first major high-rise projects to be approved in Munich in a long time. Over the span of fifteen years we strived for pioneering architecture, a community-oriented concept and an A-class tenant structure to deliver a spectacular development that would redefine Munich’s Eastern cityscape. Having a renowned buyer in this transaction is testament to the Group’s commitment in providing organic and valuable returns from quality real estate investment” he added further “this project has been seeing difficult times as well, but the persistence of our equity partners, the tireless hard work of our advisors, consultants but foremost the team of Bayern Projekt have made this an outstanding success”.
The Von der Heyden Group has over the past week made the real estate news with the opening of new offices in Ukraine to establish multi-million commercial and residential property investments in Kyiv and Lviv. The Group has a track record for being a first mover in emerging markets, creating landmark Class A office buildings, running award winning hotels and delivering superior returns from real estate investment.
VDHG Press Release sale of Blue Tower at the Bavaria Towers to Real IS 06 01 2020 ENG FINAL
Von der Heyden Group launches Real Estate Services in Sardinia
The Von der Heyden Group, a private investment and real estate firm active in real estate developments and investments, asset management and hospitality operations around Europe, has launched a Real Estate arm one of the Mediterranean’s most exclusive luxury locations, Costa Smeralda, Sardinia. In over 30 years, the Von der Heyden Group has recorded investment programs, real estate assets, impending acquisitions and developments across more than 20 locations around the Globe.
Von der Heyden Group Real Estate will be included as another platform in the Group’s international investment portfolio and will provide a specialist perspective and bespoke brokerage service in the real estate market to buyers and property owners. The new business will also deliver rental, concierge services and property management.
Commenting on the Von der Heyden Group’s new pillar of business, Mr. Sven von der Heyden said: “As the real estate industry continues to evolve, our priorities remain the same; namely, working with local expertise we trust and with whom we have a deep, long-standing relationship. It is in the interest of the Von der Heyden Group as a dynamic international investment company specialising in quality Real Estate to continue to grow and develop our investment portfolio. The Von der Heyden Group’s enterprising real estate investments and developments, its award winning 11-hotel franchise and A-Class building property management expertise combined with its in-depth knowledge of the area, will offer a unique competitive edge for potential investors and experiential holiday makers”.
The Von der Heyden Group made international headlines on real estate news with the sale of the Blue Tower, forming part of Bavaria Towers one of Munich’s largest development projects, as well as the opening of new offices in Ukraine to establish multi-million commercial and residential property investments in Kyiv and Lviv.
Von der Heyden Group Real Estate has opened its head quarter offices with Partner and Managing Director Marco Solas in Costa Smeralda, having extensive experience in the field of real estate and a lifetime of knowledge of Sardinia as an exclusive property location. Walter Martini, an expert in the field of luxury rentals with extensive experience in hospitality joins the team as rental supervisor.
Von der Heyden Real Estate has launched over 70 properties in its Costa Smeralda 2020 collection, featured in its experiential website www.vdhrealestate.com. Featuring in its first season is an exclusive sea view property, Villa Contissa, located in a prime location on the hills of Miata, overlooking Sardinia’s open sea and the archipelago of La Maddelena.
Von der Heyden Group begins construction on Poznań’s highest A-Class Building, Andersia Silver in Poland
International investment and Real Estate firm Von der Heyden Group has announced the start of construction for Andersia Silver, Poznań’s highest A-Class building after Andersia Tower (105,2 m). The 117,5m high skyscraper is being developed by the Group through a joint venture company between ‘First Polish Real Estate B.V.’ and the City of Poznań with PORR as international and leading general contractor. The high-rise building will be the fourth and final phase of the entire Anders Square project in the City. The completion of Andersia Silver in 2023 will mark the finalisation of Von der Heyden Group’s development and co-investor partnership project with the City of Poznań after Poznań Financial Center, Andersia Tower and Andersia Business Center, completed in 2001, 2007 and 2012 respectively.
Andersia Silver, designed by award winning architects Ewa and Stanisław Sipinski, is 25 storeys high with 3 underground floors, catering for over 244 parking spaces. The multi-functional commercial building will comprise of nearly 40,000 sqm in usable area, host prevalent office space and is planned to receive a LEED Certificate at the Gold Level.
Andersia Silver will complete Poznań’s most prominent skyline in Anders Square, with a joint total investment value of over a quarter of a billion Euro.
Sven von der Heyden, Chairman and founder of the Von der Heyden Group: “It is with great pleasure to see the start of the Andersia Silver project, the final addition to Anders Square. For more than two decades, we have strived to achieve what Poznań’s cityscape is today: A bustling, community-oriented location with an A-class tenant structure and a unique opportunity for businesses to claim a spot on one of the major thoroughfares in the city. It is also the start of a grand finale of a very successful public-private partnership we are proud of, which lasts now more than 24 years, which speaks for itself.