ARTICLES LABELLED WITH TAG Krakow

Zeitraum has opened a new student residence at Racławicka 58 in Kraków’s Krowodrza district. The building offers 249 rooms (289 beds), mostly private studios with en-suite bathrooms and kitchenettes. Flexible lease terms allow stays from one month to a full year.

Niam, a leading real asset manager in Northern Europe, has completed the sale of two office buildings from the High5ive complex in Kraków to Stena Real Estate AB. The buyer is part of the Stena Sphere, one of Sweden’s largest family-owned business groups.

7R is embarking on the development of a huge (230,000 sqm) technological and production hub in Nowa Huta. The initial phase, involving soil remediation, is underway, with construction expected to commence later this year.

Panattoni has secured financing from mBank for its latest project in the Małopolska region of Poland. The €26 million funding will be used to develop the new logistics complex, Panattoni Park Kraków East V.

Marriott International has announced the signing of an agreement with J.W. Construction, one of the leading property developers in Poland, to bring the JW Marriott luxury brand to the country.The hotel will be located in the heart of Kraków’s city centre, housed in one of the city’s historical buildings.

7R will invest in the Kraków-based Logistics and Industrial Center "Ruszcza," which is part of the “Kraków – Nowa Huta Przyszłości” project. The 7R Hub, located in Kraków's Nowa Huta district, will offer tenants 230,000 sqm of technology and production space.

Panattoni has fully commercialised City Logistics Kraków Airport II, its latest project in Małopolska. A second tenant has been found for the development completed in July this year and is to take up 20,050 sqm.

Panattoni has purchased a land plot where it is to build Panattoni Park Kraków East V. The launch of construction work is scheduled for October and the park’s first tenant – Highway Automotive – has already been found.

StudentSpace, a student housing platform, launched earlier this year by Signal Capital Partners, Griffin Capital Partners, and Echo Investment, announced the start of the construction of its first investments. The company has secured two prime plots in Kraków for the development of two dormitories. Located near public transportation, these new dormitories will provide convenient access to universities and downtown areas, accommodating over 1,200 students. Looking ahead, StudentSpace plans to launch projects in Warsaw, with construction expected to begin next year. These are the first investments by StudentSpace, which aims to build 5,000 beds over the next 3 to 5 years. The company also launched a website and brand identity.

Eika Real Estate Fund (EREF) has acquired the BIG office in Poland, in the central part of Kraków, which is let to State Street Bank. The fund plans to further expand its investments in logistics, offices and retail parks in Poland. The price has not been revealed.