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Krakow’s
Office and Retail Space
Office
floor in the city.
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 150,000 sq. m.
of new A-class office floor can be added
in 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 soon over despite influx of back office operations of
foreign companies including multinationals.
Monthly rents, inclusive of service
charges, range from ten euros per square meter at the lower
end of the market to euro 25 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 70-90 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 423,600 sq. Monthly
shopping-mall rents average euro 30 per square meter plus
service charges to the tune of about 4.5 euro per sq. meter
but vacancies are scarce.
Median
yields on investment in Krakow’s new retail space hover
around ten percent.
Industrial
property in Krakow.
The
city's warehouse space still amounts to pitiful 36,000 square
metres. Demand will surely surpass supply for many years to
come even though new investments are expected to alleviate the
shortage somewhat. Monthly rents for warehouse space in Krakow average
four euros per sq meter.
Krakow's
selected realtors:
Any
following information has been provided by respective
establishments on their sole responsibility.
Links:
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) 631 12 55 Phone/fax: (+48 12) 631 12 56. English
speaking staff: (+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.
Krakow's
other selected real estate agents and developers:
Grey
House – Szara Kamienica Foundation
We offer office space and superluxury apartments and suites.
Areas from 50 sq. m to 450 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: fundacja@szarakamienica.pl
Postal address: Rynek Glowny 6, 31-042 Krakow, Poland.
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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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