Kraków's Topos to be delivered in Q1 2016

Real estate developer Capital Park wants to complete Topos, an office complex in Kraków, in Q1 2016, the company informed. PKO BP has already announced that it will lease nearly half of the total space of 550 sqm. Topos is located in central Kraków, by the main station and the Galeria Krakowska commercial center. An active investor and developer, the Capital Park Group has been present on the Polish market for over ten years. The core business of the Group consists of acquiring property with significant value growth potential, resulting from, for example, the introduction of amendments to zoning plans, obtaining building permits, construction and redevelopment of new and existing facilities, as well as commercialization of existing buildings and improvement of management. At the end of 2013, the value of the Group’s property portfolio totaled almost PLN 1.6 bln. As much as 79% of was attributed to property in Warsaw, the largest and one of the most promising markets in Poland.