Tag: Krakow

Warsaw, Gdansk, and Krakow lead the charge in Polish apartment price increases

Prices per square meter in provincial cities in Poland are reaching record levels. The most expensive are in Warsaw, Gdansk, and Krakow. In the...

The Growth of Electric Vehicles in Poland: A 2023 Review

As of the end of 2023, there were a total of 56,934 fully electric vehicles (BEV) registered in Poland. The number of publicly accessible...

Shared Services Sector in Poland: Demand for Office Space Remains Steady

Despite year-over-year growth in employment in the shared services sector, the demand for office space remains steady. However, SSC/BPO/R&D centers continue to lease the...

Clean Transport Zone for Krakow Delayed Over Legal Challenges

The Provincial Administrative Court in Krakow ruled on January 11, to completely nullify the resolution concerning the clean transport zone in Krakow due to...

Polish Retail Market Rebounds in 2023, Smaller Units Dominate, Investment Activity Picks Up

Traditional retail is seeing a return to pre-pandemic numbers, with increased footfall and sales numbers in shopping malls, and significant improvements for tenants, particularly...

Rental Market Cools Down in 2023: Rents Slightly Ease, Supply Abounds

In the fourth quarter of 2023, rental expectations of property owners in many cities softened, albeit with modest adjustments. The rental market, typically experiencing...

Cavatina Holding Expands into Residential Projects, Targets Over 2,500 Apartments in 2024

In 2023, Cavatina Holding successfully continued the construction and commercialization of high-quality office spaces, while simultaneously expanding its activity into residential projects. The group...

Apartment Sales Hit Record High in 2023

We are finishing 2023 with 54.3 thousand developer apartments sold in the seven most important markets. Sales were thereby 45% higher than the previous...

House Prices Remain High in Poland, but Increases Are Slowing

House prices remain high, but there were no abrupt increases in Q4 2023. Although prices for second-hand houses are still high, the temperature in this...

Favorable Conditions Fuel Real Estate Boom, but Buyers Fare Worse

In 2023, the sale of new apartments in the seven largest metropolises hit a five-year record. Unfortunately, the same cannot be said about the...

Polish Commercial Real Estate Market: Strong Supply, Growing Demand, and Rising Rents

International consultancy agency, Cushman & Wakefield, has summarized the situation on the commercial real estate market. The year 2023 marked an increased activity among...

Demand for Second-Hand Apartments Cools, But Prices Remain High

The good news for buyers is that by the end of 2023, supply on the secondary market stopped dropping dramatically. The bad news is...

Polish Airports Record Significant Passenger Growth

In the first three quarters of the last year, 15 airports in Poland served a total of over 40 million passengers. This equates to...

Converting Office Buildings into Residential Units: A Solution to Poland’s Housing Shortage?

In the USA and Western Europe, there's an increasing number of projects associated with converting office spaces into residential ones. In Poland, these are...
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