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Articles - Kraków

Cracow, Warsaw and Wrocław with the largest growth in the business services sector and the office segment

Business services sector in Poland currently employs 307 thousand people. According to the data included in the ABSL report - Business Services Sector in Poland 2019, between 1Q 2018 and 1Q 2019 employment in the industry increased with 28 thousand jobs. The increase amounted to 10 per cent. Over half of the created positions were generated by centers located in Cracow, Warsaw and Wrocław (55 per cent). The authors of the analysis predict that in the first quarter of 2020, about 336 thousand employees will work in the sector.

Pavement that fights smog at the High5ive office building

Skanska will build 1 900 m2 of pavement made of the so-called "green concrete", which cleans the air from harmful substances from car exhaust fumes, around the third and fourth building of the High5ive complex in Krakow. The first part of the pavement will be commissioned later this year.

Companies in Krakow relocate closer to the city centre

Krakow’s office stock has increased by more than 15% over the year to more than 1.3 million sqm at the end of Q1 2019. According to “Occupier Economics: Office Market in Krakow Q1 2019”, a report published by real estate advisory firm Cresa, the capital city of Lesser Poland continues to attract tenants and this trend is likely to carry on into the near future given the economic and cultural potential.

Rise.pl is opening another location in Krakow

Rise.pl, a flexible workplace provider, is opening another location in the very heart of Krakow, opposite the Galeria Krakowska shopping centre and the Main Railway Station, in early July 2019. The firm has leased all of the building (1,640 sq m) located at 9 Kurniki Street. Real estate advisory firm Savills advised on the transaction.

Skanska sells portfolio of four office buildings in two Polish regional cities

Skanska Commercial Development Europe has sold a portfolio of four office buildings in two Polish regional cities. A fund managed by the Swedish fund manager Niam has purchased two investments in Krakow, Kapelanka 42 A and Axis, as well as buildings A and B at the Silesia Business Park complex in Katowice. This is the largest sales transaction conducted this year in the CEE office market and the largest transaction in the history of Skanska's activity in this region.