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Krakow’s
Office and Retail Space
Office
Floor.
Krakow’s
office space amounts to a total of some 900,000 square meters but
just a third of it – some 310,000 sq. m. is situated in
modern buildings of high standard. But as much as 400,000 sq. m.
of new office floor can be added
in 2009 and in the first quarter of 2010. Even as the overall vacancy rate
still hovers around 3 percent mark, the days of massive demand for
high-quality office floor area may be over despite influx of back office operations of
foreign companies including multinationals. Especially as the
much greater supply coincides with a noticeable stagnation in
the city’s economy.
Monthly rents, inclusive of service
charges, range from ten euros per square meter at the lower
end of the market to euro 20 per sq. m. in the downtown top
class-A office block.
Average
yields on investment in new office space exceed ten percent.
Retail
Space in Krakow.
Quality
mercantile facilities at Krakow’s Old Town’s busiest
street, Florianska, and at the city’s central Rynek Glowny
square rank among Poland’s priciest. Renting a ground-floor
shop here costs euro 70-80 a month per square meter. Cellars
or upper floors as well as courtyard locations are both less
expensive and more readily available. At the same time other
main streets in the historical district – Grodzka, Szewska,
Sienna, Slawkowska – prove slightly cheaper, while some
side-streets sites may turn out fairly affordable.
Since
mid-1990s shopping centers mushroomed in Krakow, with their
biggest concentration in the area halfway between the Old Town
and the Nowa Huta district. At the same time two big shopping
malls, the 60,000-sq-meter Galeria Krakowska and the
36,000-sq-meter Galeria Kazimierz enjoy a central location.
Notably the former, completed in September 2006 as the first
part of the ambitious New City project, is strategically
situated since it adjoins Krakow’s focal Old Town historic
district and abuts on the central train
station adjacent to the city’s main bus depot.
Total
floor area of Krakow’s modern retail facilities amount to
roughly 370,000 sq. meters of which about 80,000 sqm added in
2006 and another 38,000 sqm or so in 2005. Monthly
shopping-mall rents average euro 30 per square meter plus
service charges to the tune of about 3.5 euro per sq. meter
but vacancies are scarce.
Median
yields on investment in Krakow’s new retail space hover
around ten percent.
Krakow's
selected realtors:
Any
following information has been provided by respective
establishments on their sole responsibility.
Links:
Agencja
Ania Jaskaniec i Ania Kardas - Estate Agency
We're dynamic team of
professionals with years of experience on the real estate
market. We co-operate with many specialists from this market
as well as from similar markets to make our services unique.
TOWER's Estate Agency aim in business is professional service
adapted to the client's needs. TOWER also provides property
management and property insurance. Postal address: Rynek
Glowny 33, 31-010 Kraków. Tel. :+48/ 012/ 4219126, 4227496,
+48/ 510 070 375 (376). Fax: +48/ 012/ 4227496 Email: tower@tower-krakow.pl
Website: www.tower-krakow.pl
Agencja
Anna Jasinska-Kraska
Firma Kontrakty Nieruchomosci
We are a licensed real estate office operating in Krakow
and the region of southern Poland. We offer you: flats and
apartments, houses, plots of lands, commercial real estate. We
act as agents in following areas: buying, selling, leasing,
renting. In particular we offer exclusive apartments and
houses to rent. We perform orders for domestic and foreign
investors. Our Agency offers complex services in the real
estate investment process, proposing professional:
architectual, designing, geodesial, evaluating, financial,
notarial and other help. We guarantee full legal service,
discretion, speed and reliability of all transactions. We are
a member of Polish Real Estate Federation. Phone: (+48 12)
2920016, (+48 12) 631 12 55 Phone/fax: (+48 12) 631 12 56. English
speaking staff: (+48) 501 58 68 93, (+48) 501 58 68 91. A French – language
service is also available: phone (+48) 602 689 020 E-mail: biuro@fkn.com.pl,
www.fkn.com.pl
Postal address: Aleja Grottgera 2, 30-035 Krakow, Poland.
Agencja
Exclusive-Estate
We are an exclusive, modern and licensed real estate agency
specializing in buying, selling, renting and letting
properties. We cooperate with developers, architects,
notaries, banks and other real estate agencies to ensure our
customers a high-class and full service before, during and
after a transaction. Our mission is supporting the customers
and accompanying them in important decisions and moments of
their life. Our offer renting/buying includes: luxurious suits
in the heart of The Old Town, modern and ancient flats in the
Centre of Kraków, houses and villas, commercial and business
premises and parcels of land. Our values are: honesty,
professionalism, modernity and optimism. We speak English,
Spanish, Croatian, French and Russian. Please contact us: biuro@exclusive-estate.pl,
www.exclusive-estate.pl,
phone: (+48 12) 290 66 26, fax: (+48 12) 290 67 40, cell
phone: +48 510 268 700, +48 510 268 400. Address: ul. Św.
Tomasza 34, 31-027 Kraków, Poland.
Maylane Polska Sp. z o.o.
Maylane Polska Sp. z o.o. specializes in the development,
redevelopment and project management of high standard luxury
apartments in Krakow. With its team of professionals, emphasis
is given to the details providing for modern day needs and
comforts within Krakow's historical setting. In association
with reputable estate agents and financial institutions,
comprehensive solutions are tailored for each client. Other
services include: detailed analysis and feasibility studies;
investment advice; total project management; comprehensive
reporting to investors; sales and marketing
administration.
Visit Maylane Polska at: www.maylane.com,
www.parkside.pl Email: contact@maylane.com
parkside@maylane.com
Address: ul. Bracka 4, 31-005 Kraków; Phone: +48 12 428 72 22 Fax: +48 12
428 72 33
Krakow's
other selected real estate agents and developers:
Agencja
Nieruchomosci "Realnosc"
Law Firm and Real Estate Agency
Address: Mazowiecka 117, 30-023 Krakow,
telephone:0048-12-633-15-49, telephone/fax:0048-126323796 ,
email: realnosc@kki.pl ,
www.kki.pl/realnosc, mobile:0048-601488071, we provide
services in English, German and Italian. We invite you, three
professional licences, we are on the market since 1988.
Agencja
Obrotu Nieruchomosciami "ARTUS" s.c.
Realtors. Address: ul. Dietla 77/6. Phones: (+48)
124231069, (+48) 124281220. Fax: (+48) 124231069. Website:
www.artus.nieruchomosci.pl Email: artus@artus.nieruchomosci.pl
Grey
House – Szara Kamienica Foundation
We offer office space and superluxury apartments and suites.
Areas from 50 sq. m to 270 sq. m. Rents are negotiable. The
best possible location in the city. Address: 6 Rynek Glowny
(Grand Sq.) Phone: (+4812) 4211525. Fax: (+4812) 4211308.
Email: office@proanima.com.pl
Postal address: Rynek Glowny 6, 31-042 Krakow, Poland.
Polish German Estate "Kawecka & Partner"
Address: 6 Fabryczna street. Phone: (+48) 122942088. Fax:
(+48) 122942087. Website: www.kaweckaipartner.phg.pl Email: kaweckaipartner@inetia.pl
"Nieruchomości Kawecka & Partner" offers a
complex service in the real estate market. While we specialize
mainly in working with companies and firms, our services are
available to private customers as well, dealing with the
purchase or lease of flats, parcels, houses and a wide
assortment of other properties. Our membership in the Polish
Real Estate Federation as well as the local Realtors
Association guarantees a high level of professionalism in our
services, and thanks to a wide selection partner agencies and
firms, reaching from notaries and banks, to law and geodetic
agencies, we are able to assist our customers with every
aspect of most transactions. Realtor License no. 1005,
Administrator License no. 13386
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Guide
to real property in Krakow
Krakow's
Real Estate
Residential
property in Krakow: flats, condos, and houses
List
of Krakow's Real Estate Agents
How
to sell real estate in Krakow
Toolkit
for would-be buyers of Krakow property
Business in Krakow
Investing
in Krakow
Taxes
in Poland
New
Town in the Center of Krakow
Krakow's
Biggest Industrial Corporations
Krakow
Economy
Shopping
in Krakow
Over
25,000 beds await you in Krakow.
Holiday
apartments available in Krakow
Krakow's
hostels, guest rooms, bed-and-breakfast and other cheap
accommodation.
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