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Zurich Insurance Company chooses ASTRIS

Astris
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Zurich Insurance Company Ltd (Spółka Akcyjna), a branch of the Swiss insurance group, has signed a lease for approximately 1,000 sq m of office space in the ASTRIS office building under construction at the Polsad roundabout in Krakow. About 100 Zurich employees will move into their new office in Q2 2017. The landlord was represented by global real estate services firm Cushman & Wakefield, whilst the tenant was represented by JLL.

Zurich local entity’s office at ASTRIS building is a continuation of the company’s growth outside Switzerland. The building will become a workplace for many highly qualified specialists in accounting, financial reporting, financial planning and financial data management.

Julie Archambault from Cushman & Wakefield, who is responsible for commercialization of the office building, said: “Krakow is an ideal location for companies such as Zurich Insurance due to its well-developed shared services market and access to a large, talented and multilingual labour pool with professional experience in international organizations. The new branch of the Zurich Insurance Group will be based in ASTRIS, a modern Class A office building under construction in Krakow. The project is being built in one of the city’s business districts with easy access to it by both car and public transport users. The scheme also offers a number of amenities, including a green roof terrace in which to relax.”

Jaroslaw Betka, ASTRIS, said: “We are truly proud that a renowned corporation such as Zurich Insurance Company has decided to set up its office in our building. I am glad that our new tenant appreciates not only the excellent location of the scheme, but also its class, flexible layouts, technical infrastructure and high-quality interior finish that will ensure a comfortable working environment.”

Zurich Insurance Group (Zurich) is a leading multi-line insurer headquartered in Zurich, Switzerland. With around 55,000 employees, it provides a wide range of general insurance and life insurance products and services to private and business customers in more than 170 countries. In March 2016, Zurich opened a shared service center for finance in Kraków. The Shared Service Center for Finance supports Zurich’s finance teams to deliver best-in-class financial accounting and reporting, planning and performance management, and financial solutions management.

ASTRIS will provide nearly 13,000 sq m of new functional office space in Krakow, Poland’s largest regional city. The project is scheduled for delivery in April 2017. Cushman & Wakefield, a global real estate services firm, is responsible for its commercialization. ASTRIS will have nine aboveground and two underground levels, a car park with 169 parking spaces and 80 bicycle parking spaces.

Construction company RE-BAU is the general contractor for the ASTRIS office building, designed by Tomasz Zawisza and Marek Trela, architects with long-standing professional experience and graduates of the Architecture Faculty of the Krakow University of Technology. Construction is supervised by a consulting and engineering company TEBODIN POLAND of the BILFINGER Group. Legal services for the project are provided by law firm CRIDO.

All the commercial and construction aspects of the ASTRIS project are coordinated and managed on behalf of the investor by Jarosław Betka, capitalizing on his twenty years of professional experience in similar office projects of leading developers.

ABOUT ASTRIS:

Total office space: 12,739 sq m GLA

Total retail and service space: 198 sq m

Total warehouse space: 63 sq m

Building’s height: 33 m

Number of aboveground levels: 9

Number of underground levels: 2

Elevators: 5 DSC high-speed elevators

Number of car parking spaces: 169

Number of bicycle parking spaces in the underground car park: 80