PKP to develop 21,100 sqm office scheme in Kraków

State-owned PKP and real estate developer GD&K Investment has applied to the anti-monopoly watchdog for establishing a joint venture in order to carry out a office scheme in nearby the Kraków Old Town, UOKiK informed. Construction work of Central Railway Station Office Park is to encompass up to 21,100 sqm is to be launched in 2017 and the complex will be developed in two stages, propertynews.pl reported. The total value of the investment is to reach €55 million. GD&K Group is a Polish developer founded in 1998 covering Kraków and Warsaw market. The Group offers various real estate related services to external clients, mostly tenants and property owners around Poland that are active in the office, hotel, residential and public use space.