ABB leases additional 10,000 sqm in Kraków

Zürich-based engineering company ABB, which specialises in power and automation technology, has extended its lease from 10,000 sqm to 20,000 sqm in the Axis office building in Kraków, Eurobuild CEE informed. Thus the tenant will occupy the entire building for one of its operational centers in Europe.  "We are planning to employ an additional 1,000 specialists by the end of 2018 and the Axis office building meets our company’s development plans and, furthermore, will enable the consolidation of all of ABB’s previous, Kraków-based offices," declared Janusz Machnicki, the country real estate manager at ABB. Axis is Skanska’s second office investment in Kraków, after Kapelanka 42 – a complex of two office buildings. It comprises 20,000 sqm of GLA and is scheduled to be completed in the fourth quarter of this year. Skanska fully leased the project and sold it to Swedish investor Niam before its completion.