Global real estate services firm Cushman & Wakefield has represented KIDS&Co., a Polish operator of bilingual kindergartens and crèches, in two lease transactions for a total of nearly 1,000 sq m. KIDS&Co. leased 458 sq m at building F of the Enterprise Park in Krakow and 493 sq m in Imagine, an office building under construction in Łódź. The kindergarten with a crèche section has operated in the Enterprise Park since September 2018.
Both transactions are in line with the growing focus of developers and landlords on diversification and delivery of additional services and amenities to tenants. Employees want to have access to canteens and restaurants, to keep physically fit and to be able to shop for basics. Educational facilities add to the prestige and value of an office building, particularly in the eyes of tenants, said Zuzanna Krech, Senior Negotiator, Office Agency, Cushman & Wakefield.
All parties benefit from our kindergartens in office buildings. Children benefit the most because they come into contact with English from an early age and - thanks to our special nutrition program - they fall ill a lot less frequently than their peers, which is evidenced by our attendance statistics. This, in turn, leads to lower absenteeism among parents. Opening a kindergarten also brings notable benefits to developers who can stand out on the market and gain loyal office tenants by providing such unique infrastructure, said Karina Trafna, President of KIDS&Co.
Establishing crèches and kindergartens near workplaces is a new, very popular trend on the office market. The product offered by KIDS&Co., that is bilingual groups, its proprietary program for development of emotional intelligence and social skills, and macrobiotic nutrition, will certainly enjoy great popularity among employees of all office tenants in the Enterprise Park and Imagine, added Dariusz Madej, Negotiator, Office Agency, Cushman & Wakefield.
In all our projects we always put tenant comfort first by ensuring modern and functional office spaces, and a vast range of amenities available to employees at our complexes on a daily basis. A kindergarten within an office building is an excellent solution that substantially improves the building’s attractiveness. We are very pleased to be cooperating with KIDS&Co. and are confident that the kindergarten offer will be appreciated by the staff working at both our office complexes, said Marta Wybrańska, Leasing Director, Avestus Real Estate.
Imagine is a modern office complex of three buildings located near the junction of Piłsudskiego and Rydza-Śmigłego avenues in Łódź. Its two six-floor buildings offer a total of 17,200 sq m of commercial space: 14,800 sq m of office space and 2,400 sq m of retail and service space. The third building will comprise a surface car park with 356 parking spaces and 49 double bicycle racks. The complex was designed by DDJM Biuro Architektoniczne while the investor is Avestus Real Estate. The whole project is scheduled for delivery in Q3 2019.
Krakow’s Enterprise Park (buildings A-F) offers more than 61,000 sq m of Class A office space. It is located in the Podgórze district. Building F, which houses the KIDS&Co. kindergarten, provides 10,883 sq m of leasable space and was constructed together with building E during the project’s fourth phase, which was completed in 2017. The Enterprise Park has been owned under a joint venture agreement by Tristan Capital Partners and Avestus Real Estate since May 2015.