The largest investor activity still refers to the multifamily residential market - nearly 70% of land transactions involve this type of projects.
The situation is similar to the buying frenzy we last saw at the turn of 2007 and 2008 – explains Daniel Puchalski, Managing Partner and Co-founder of immo lab.
Residential and industrial developers, as well as those building retail parks and houses for institutional rent are competing fiercely for investment land.
immo lab has finalized the sale of an investment land located at 20A Cystersow Street in Grzegórzki district in Kraków. The seller is Archeton, and the buyer is a development company that plans a PRS project on the site.
Gobarto, part of the Cedrob Group, has finalised the sale of an investment plot of nearly 4,000 sqm located at 22 Cystersów Street in Krakow. The buyer is a development company that plans a PRS investment there. The deal, worth approx. PLN 23.5 million, was led by immo lab.
Pawel Kucz has joined immo lab as Transaction Support Manager.