Friday, November 15, 2024

Secondary market apartment prices lower by 2-7 percent.

Apartment Owners Become More Realistic and Begin Lowering Prices. The third quarter of 2024 brought some slightly better news for buyers. For the first time...

Sfinks Polska Group Reports 10.8% Growth in Catering Revenues for H1 2024 and Increased Operating Profitability

The networks managed by the Sfinks Poland Group, the owner of SPHINX Restaurants among others, achieved PLN 99.5 million in revenues from catering sales...

Klepsydra Group Reports Strong Financial Results for H1 2024, Validating Growth Strategy

Klepsydra Group has published strong financial results for the first half of 2024, confirming the effectiveness of its growth strategy. The group’s companies generated...

Pension System in Poland Struggles with Low Participation in Third Pillar

By the end of 2023, a total of 20.5 million people were covered by Poland's pension system under the second and third pillar. Total...

Limited Dormitory Availability and Rising Rental Costs Challenge Students in Academic Cities

This year, about 115,000 places in dormitories are waiting for studying youth. The GetHome.pl portal has checked in which academic cities their availability is...

Industrial and Logistics Real Estate Market in Poland is the Fastest Growing in Europe

Analysts at BNP Paribas Real Estate Poland in their cyclical report "At a Glance – Industrial and Logistics Real Estate Market in Poland, Q1...

Polish Warehouse Market in Q1 2024: Decline in Demand, Stable Supply & Rents

As reported by the latest Cushman & Wakefield international advisory agency report, the first quarter saw lower demand in the warehouse market. However, it...

Cromwell sells 6 shopping centers in Poland to a Czech investment fund for €285 million

Cromwell Property Group has finalized the sale of six shopping centers, including CH Janki. The buyer is a Czech investment fund looking to expand...

The Human Factor: The Weakest Link in an Era of Evolving Cybercrime with AI

The evolution of cybercrime is increasingly leaning towards the establishment of mafia-like connections and the utilization of technologically advanced solutions previously only seen in...

Poland Leads the Way: Cashless Payments Boom as Cash Shrinks to 35%

It's no longer just about the PIN and the green button. Digital payments have made significant progress in Poland in recent years. According to...

Summary of the 2023 Year in the Investment Land Market and Projections for 2024

The residential market overtook the industrial-logistics sector in 2023, once again securing the leading position. This is largely due to the increasing expectations associated...

Witold Literacki has been appointed as the acting CEO of ORLEN

The Minister of State Assets has appointed Mr. Witold Literacki to the board of ORLEN as of February 6, 2024. Simultaneously, at today's meeting,...

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...
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