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.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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