Intelligent Real Estate Investments - Hines

Sky Office Center Retains BREEAM In-Use Excellent Certification

(WARSAW, POLAND) – Sky Office Center, owned by Hines Poland Sustainable Income Fund, managed by the international real estate company, Hines, has once again obtained BREEAM In-Use Excellent certification.

The building was recognized for the sustainable solutions applied across the facility and the way it is managed. This was further enhanced by the installation of nesting boxes for birds on its roof in December 2021.

BREEAM In-Use “Excellent” Sky Office Center

Sky Office Center is a high-quality six-story office building spanning 4,774 square meters, with 550 square meters of retail space. Tenants have a total of 55 underground parking spaces at their disposal and the building includes a lobby area, lifts and a security room. The division of space into smaller functional office modules makes the building attractive to tenants who are increasingly looking for long-term leases. Located at the junction of Rzymowskiego and Modzelewskiego streets in Warsaw, the Sky Office Center was re-certified by BREEAM In-Use in January 2022. The structure, equipment and systems used (under Asset Performance) and Building Management were assessed and scored above 70%. Thus, the office building received the final rating of Excellent.

“The successful recertification of the Sky Office Center building is confirmation that the facility not only provides high-quality office space, but also meets all standards regarding environmental aspects. Our tenants can therefore work in a space that has a positive impact on the environment. For Hines, sustainable development and pro-environmental activities are extremely important, which makes us even more pleased that our efforts have once again been appreciated by sustainability experts.” says Anna Żmijewska, property manager, Hines Polska Sp. z o.o.

Nesting boxes at Sky Office Center

Sky Office Center's positive assessment under the BREEAM certification was influenced, among other things, by the installation of nesting boxes for birds in December of last year. The undertaking was preceded by an ornithologist's analysis, who also supervised the whole project. According to the expert, the boxes serve as bird sanctuaries in urban ecosystems and contribute to the preservation of protected species populations. By hanging them, the owner of the facility has a real impact on increasing the breeding potential and a positive ecological effect on the location. The nesting boxes will be used by swifts and a number of other bird species and bats, observed during location analysis conducted by the ornithologists. There are also plans to create insect hotels at the Sky Office Center.

Other pro-ecological initiatives undertaken by Hines include the installation of beehives on the roof of Nestlé House at Domaniewska street in Warsaw in 2020. This spring, nesting boxes for birds will also be installed on the Ambassador Office Building and Nestlé House.

Hines’ eco drive

Hines strives to incorporate sustainability practices across its worldwide operations. The company not only implements green solutions across buildings in its portfolio, but also educates its employees, tenants and property managers on how they can reduce their impact on the environment. The initiatives undertaken include Hines GREEN OFFICE for Tenants (HinesGO) Program, which is prepared each year for tenants, describing pro-environmental actions planned for the calendar year ahead.

“Our goal is to encourage tenants to take action to improve the environment. The partners occupying office space at Sky Office Center are happy to participate in initiatives aimed at, among other things, waste management, water saving, energy efficiency and education in the broad sense. Environmental issues are becoming increasingly important to tenants, which is why they appreciate the actions we propose.” adds Joanna Mioduszewska, marketing manager, Hines Polska Sp. z o.o.

Sky Office Center – ideal location in the south of Mokotów

Sky Office Center is a modern class A office building located at 31 Rzymowskiego Street. It offers convenient access to public transport thanks to its proximity to bus and tram lines, as well as a good connection with the Wilanowska underground station, which is just a few minutes' drive away. Two of the city's main arteries – Puławska Street and the S79 Warsaw ring road - make it easy to reach the building by car. In addition, Sky Office Center is close to the business district of Mokotów, which is easily accessible by public transport or car.

About Hines

Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 255 cities in 27 countries. Hines oversees investment assets under management totaling approximately $83.6 billion¹. In addition, Hines provides third-party property-level services to more than 367 properties totaling 138.3 million square feet. Historically, Hines has developed, redeveloped or acquired approximately 1,486 properties, totaling over 492 million square feet. The firm currently has more than 171 developments underway around the world. With extensive experience in investments across the risk spectrum and all property types, and a foundational commitment to ESG, Hines is one of the largest and most-respected real estate organizations in the world

Since entering Europe in 1991, Hines has grown its European platform to include offices in 16 cities as well as a presence in 62 cities in 13 countries. Hines oversees investment assets under management valued at approximately €21.7 billion and provides third-party property-level services totaling 3.9 million square meters in Europe, in Austria, Czech Republic, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Poland, Spain and the United Kingdom.

¹Includes both the global Hines organization as well as RIA AUM as of June 30, 2021.

For more information visit the global website www.hines.com, under the Poland tab: Poland - Hines.

About Hines Poland Sustainable Income Fund

Hines Poland Sustainable Income Fund (HPSIF) is managed by Hines with the objective of acquiring properties that can be actively managed to improve energy efficiency and lower emissions. Hines Poland focuses on real estate development and acquisition for Hines’ various investment entities. HPSIF is the owner of Sky Office Center.