Locked content Murapol to develop new housing scheme in Kraków

Murapol real estate developer has a preliminary deal to purchase land in Kraków worth PLN 56 million, the media reported. The company is planning to carry out a housing project on Pachońskiego street, featuring  over 53,000 sqm with 1,111 apartments. The land encompasses 2,484 ha. Murapol has been o...

Locked content Lowcost Travel Group to move to Poland

Lowcost Travel Group, a British tour operator company serving up to 3 million tourists a year, is about to move the majority of its operations to Kraków. The company generates  $900 million per year and hopes to decrease functioning costs and maximize profits by moving to Poland. It chose Kraków, as...

Locked content Małopolska to pioneer participatory budgeting scheme

Marek Sowa, marshall of the voivodship, announced that in 2016 as much as PLN 6 million will be divided between five subregions in Małopolska and Kraków. “We are the first region, which has introduced a participatory budget at a voivodship level. We want to realize projects on a district level...

Locked content Investment on commercial real estate moves away from Warsaw

For the first time investors have begun allocating  more money in regions other than Warsaw. Primarily, investment in office immobilities has shifted from the capital to more rural cities, especially Kraków. Approximately 145,000 sqm of office area was built in the first half of 2015 in Warsaw, wher...

Locked content Mostostal with PLN 30 mln deal in Kraków

Construction company Mostostal Warszawa signed a contract worth PLN 30.86 million to build a complex of apartments in a historic power plant in Kraków’s Kazimierz district. The Warzyńca 19 scheme is to be delivered by April 19, 2017. Mostostal Warszawa is active in all key sectors of the const...

Locked content Kraków to launch Design and Creativity Center

Four of Kraków’s higher education institutions (AGH, ASP, Kraków University of Economics and Kraków University of Technology) are involved in the establishment of the Design and Creativity Center, a PLN 75 million worth project aimed at strengthening ties between academia and business. Governo...

Locked content EPISO 3 fund acquires office park in Kraków

Cushman & Wakefield, a global real estate services firm, has announced that its Polish Capital Markets team has brokered an agreement for a joint venture between European Property Investors Special Opportunities 3 LP (EPISO 3), an opportunity fund advised by pan-European real estate investment m...

Locked content Ryanair to expand its base in Kraków

Irish low-cost airline Ryanair announced that it will expand its Kraków base by adding one additional aircraft, a move which will allow for increasing the number of passengers and routes. Out of four Polish bases, Kraków will be the only one receiving an additional airplane from the new batch of ord...