Tag: Krakow
Lokum Developer’s Q3 sales surge 90% on strong demand
The Lokum Developer Group, which is one of the leading developers operating in the Lower Silesia and Malopolska real estate markets, recorded significantly higher sales results in the third quarter of this year than...
Housing prices are skyrocketing. Krakow is catching up with Warsaw
The increasing demand in the real estate market has its dark side – a cascading increase in apartment prices. Warsaw remains a leader in this regard, but the price per square meter is increasing...
Multi-billion investments in railways are picking up pace
Thanks to the work on the Central Railway Line, for the first time in the history of the Polish railway network, a passenger train journey with a maximum speed of 250 km/h will be...
Primary market in Poland: Strong demand and declining supply drive prices up
The sale of new homes in Poland's seven largest markets in September 2023 amounted to 5,4 thousand. At the same time, property developers introduced 4 thousand units onto the market. Despite this being a...
Dom Development Group with quarterly sales at the level of 1081 units
In the third quarter of 2023, the Dom Development Group sold a total of 1,081 net housing units (compared to 703 in the third quarter of 2022), including 402 units in Warsaw, 374 in...
Apartment prices rose again. Further records were set in September
In September 2023, the average price per square meter of new apartments in Krakow crossed the threshold of 15,000 PLN, and in Warsaw, which did not ease up in the race for the title...
Institutional rental market in Poland: Dynamic development despite adversity
Elevated interest rates, legislative changes, low availability of land, and stagnation and decline in rental prices are among the most frequently mentioned challenges identified by key market participants, which can significantly affect the budding...
Polish companies: competitive and growing, but facing a labor shortage
Domestic companies are becoming increasingly competitive on the global market, thanks in part to their family-oriented nature, and the commitment and high competence of their employees. "We are simply good and hardworking, and in...
Poland needs to raise awareness of organ donation to save lives, experts say
The strengths of Polish transplantology are experience, highly educated medical staff and modern equipment. However, the problem remains the insufficient number of donors and low social awareness concerning transplantology, a problem that doctors face...
Prices of dormitories and apartments for students at historic levels
Rising property prices are also hitting students. In Wrocław, dormitory rates have reached 1350 PLN, and the rent for a studio apartment in Warsaw is over 3200 PLN. This is even 600 PLN more...
There is a Need for More Corporate Action for Nature Conservation in Cities. PGE...
Paradoxically, today's cities - though often associated with ubiquitous concrete and greenery development - are now one of the leaders in ecosystem protection and nature restoration. Despite numerous efforts taken in recent years, Polish...
Anesthesiologists Work to Improve Patient Safety in the Perioperative Period
Thanks to the high standards developed over the past decades, anesthesiology is today one of the safest fields of medicine. Nevertheless, the problem of peroperative complications is increasing due to the growing number of...
In August, nearly three times more apartments were sold than the previous year
Demand like never seen before - this is the shortest way to characterize the situation on the largest housing markets. In August 2023, developers sold almost three times more apartments on the six largest...
Don’t count on stable housing prices. Developers bear too high costs.
The government program Safe Loan 2% is often mentioned as one of the reasons for the increase in apartment prices. However, it is not the only factor strongly influencing the setting of property rates....
The supply of apartments is shrinking and prices are rising
In the largest cities, the availability of new apartments is dwindling, and the ones that remain are getting pricier. Experts from RynekPierwotny.pl and GetHome.pl have investigated whether there's a chance this trend could reverse...
Regional development activity pushes average vacancy rates up
New office supply in the first three months of 2023 totalled 68,100 sq m and was delivered in three cities only: Krakow, Wrocław and Tricity. According to international real estate advisory firm Savills, at...
Flex office stock grows not only in large cities
Flexible workspaces are going like hotcakes. Companies are enquiring about them in all large cities, but not only there. Serviced offices are also in demand in smaller towns, says Joanna Bartoszewicz, Senior Advisor, Office...
Difficulties in finding vacant office space?
In the first quarter of 2023, developers focused on regional markets. Kraków, Wrocław, and Tri-City have been enriched with new office spaces. Meanwhile, no new office buildings were built in Warsaw. Current interest from...
Polish warehouse market on track to reach 30 million sq m
In 2022, the Polish industrial and warehouse market maintained its solid growth momentum despite headwinds such as project financing constraints and rising occupancy costs. The expected decline in new supply and shrinking land availability...
The PRS sector in Poland grew by 40% in 2022
According to the latest PRS (private rented sector) market report, compiled by international advisory firm Knight Frank and law firm Dentons, there were more than 10,300 flats for rent in the PRS market at...