Tag: Krakow

Polish Interest Rates to Remain Stable, Gradual Cuts Possible Later in 2024

The Monetary Policy Council at its February meeting did not change the level of interest rates. This is likely to remain so for some...

Last year, Poles filed nearly 81 thousand divorce lawsuits

In 2023, nearly 81,000 divorce applications were submitted to regional courts across Poland, only 3% more than in 2022. Thus, the bleak scenarios proposed...

Is the Lodz housing market facing an oversupply of apartments?

Over the last 4 months, developers in Łódź have significantly sped up, and the city stands out both in terms of new supply and...

AGH launched its own 5G network

The AGH University of Science and Technology in Krakow is one of the few in Poland to have received a radio license from the Office...

Polish Real Estate Market Shows Signs of Recovery: Increased Supply & Stable Prices

January brought another increase in supply on the developer market in Poland. In the seven largest markets in the country, developers introduced 5.3 thousand...

Developers temper warehouse investments amid rising vacancy rates

Last year, the warehouse space market witnessed an 8 per cent increase in vacancies. This significant rise can be traced back to the record-high...

Apartment Buying Outlook: Women and Young People Drive Housing Market Demand in Poland

Skanska Residential Development Poland, in cooperation with the research company CBOS, has surveyed apartment buying plans among residents of the largest cities in Poland....

Retail space in Poland is growing at a record pace

In 2023, the commercial real estate market in Poland grew by an additional 380,000 square meters. As a result, the total areas of shopping...

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...
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