Zeitgeist to revitalize the historical building of the Main Post Office in Kraków

Zeitgeist Asset Management, a company specializing in development services and asset management for private and institutional investors, purchased from Orange two properties in Kraków. One of them is a historical building at 2 Wielopole street, where the seat of the Main Post Office is located. The second investment they made in Kraków is the purchase of a partially built-up plot at 21 Cystersów street.
These are yet another transactions of Zeitgeist in Poland. Since 2016, the group has acquired five properties, three of which are located in Warsaw. The company often undertakes the revitalization of older buildings. What’s important, completed projects are not for sale. These are designated either for rent, in a form of apartments, or adapted for hotel use or commercial purposes. Zeitgeist Asset Management has developed a similar business model in the Czech Republic, where the company currently manages dozens of properties in Prague alone.
 “When working on our projects, it is very important to respect the needs of the local community and to preserve the historical fabric of the buildings. The renovation works of the Post Office building will be carried out in a way not to disturb the operation of the facility,” Peter Noack, co-founder and managing director of Zeitgeist Asset Management, assured.
Source: WBJ