Echo Investment launches new resi project in Kraków

21
Aug
2020
News - Echo Investment launches new resi project in Kraków #development #Echo Investment #Kraków #Poland #residential

by Property Forum | Residential

Echo Investment has gained a building permit for the Bonarka Living residential estate in Kraków. The project is being developed in close proximity to the Bonarka City Center and an over two hectare nature reserve. The first apartments will be handed over to tenants at the turn of 2021 and 2022.


The project is surrounded by a wide range of business premises, as well as green areas. The first building of the estate will offer 143 apartments.

The estate is located in the vicinity of the most important circulation area that enables to reach easily the centre of Kraków by both public and private transport. There are bus and tram stops, a railway station and an extensive road network nearby. A short distance to the centre can be covered by a new bicycle path in less than 15 minutes from 2021 and by public transport in nearly 10 minutes.

The Bonarka Living residential estate will offer its residents smart mailboxes, electric car chargers, bicycle racks or an underground garage with single-track spaces. This project, the same as developer’s other investments, will also be full of amenities and common areas, such as children's playgrounds and squares, that are designed to relax away from the city’s rush.

So far, Echo Investment has finished over ten residential projects in Kraków, including the Rydla 32 estate, the Kościuszki Apartments and Dom Pod Wilgą. More projects are in preparation.




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New leases

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.


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