White Star Real Estate and Cain complete sale of The Park Kraków to Summus Capital

03 czerwca 2026

White Star Real Estate and Cain have completed the sale of The Park Kraków, a newly developed and stabilised office complex in Kraków, to Summus Capital. The transaction marks an important milestone following the successful delivery, leasing and stabilisation of the first phase of the project.

Located in Krakow’s Podgórze district, The Park Kraków comprises two Class A office buildings offering a total gross leasable area of 24,702 sqm. The project has attracted a strong and diversified tenant base, including OTCF S.A., the owner of the leading Polish sportswear brand 4F, AMS, a global provider of talent acquisition and recruitment process outsourcing solutions, TAURON Obsługa Klienta, a company within the TAURON Group, one of Poland's largest energy groups, and Warta, one of Poland's leading insurers. The property’s weighted average unexpired lease term (WAULT) stands at slightly over 6 years.

The transaction represents the successful completion and stabilisation of the first phase of The Park Kraków and reflects continued investor appetite for high-quality office assets in Poland.

“The sale of The Park Kraków marks an important milestone following the successful delivery and stabilisation of the first phase of the project. We have created a high-quality office destination with a strong and diversified tenant base, long-term lease commitments and institutional-grade financing, making this a natural point in the asset’s lifecycle for a long-term investor to take ownership. The transaction validates the quality of the project, the strength of the occupier market in Kraków and the long-term value created through our development and asset management strategy. We remain confident in the fundamentals of the Kraków office market and continue to believe in the future potential of The Park Kraków and its strategic location within one of the city’s fastest-growing business districts,” says Bartosz Prytuła, Managing Partner, Poland at White Star Real Estate.

Summus Capital OÜ, a real estate investment group expanding its presence across Central and Eastern Europe, has acquired the project as part of its strategy of investing in prime, income-generating assets with strong tenant convenants and long-term growth potential.

“This transaction significantly strengthens our Polish office portfolio, adding tenants with a strong focus on the local Polish market. With this acquisition, we continue our strategy in this segment of acquiring prime assets with prime tenants in well-connected locations close to central business districts, delivering higher yields. The area is rapidly developing, highly visible and easily accessible by all modes of transport,” commented Hannes Pihl, Head of Investments and Member of the Management Board of Summus Capital.

Developed by White Star Real Estate and Cain, The Park Krakow is a high-quality office asset combining strong ESG credentials with modern workplace standards. The project has been awarded BREEAM Excellent certification and incorporates a range of energy-efficient solutions, including rooftop solar panels, electric vehicle charging infrastructure and modern building systems supporting the efficient operation of the property.

Penteris advised the buyer on the transaction. On the seller’s side, Clyde & Co acted as legal advisor, Crido provided tax advisory services and Cushman & Wakefield advised on the investment sale process. International financial institution Erste Group Bank AG served as the lender in the transaction.

White Star Real Estate is a leading real estate investor, developer, asset manager and property manager operating across Central and Eastern Europe since 1997. The company has delivered more than 50 development projects and currently manages over 2 million sqm of commercial real estate across office, logistics, retail, mixed-use and residential sectors. With local teams in Poland, the Czech Republic, Hungary and Romania, White Star Real Estate provides integrated development, asset management and property management services for institutional investors and occupiers across the region.

Summus Capital OÜ is a real estate investment holding group established in 2013 with investments in commercial real estate in Estonia, Latvia, Lithuania and Poland. Direct real estate investments are made through daughter companies of the respective country of location. Well-diversified commercial real estate portfolio includes properties in retail, office, industrial/logistics and medical segments.

Agnieszka Kurczych

PR & Marketing Manager White Star Real Estate