Wroclaw
Wrocław is a place in which companies offering advanced services, R&D centres and creative small businesses are able to both operate and thrive.
Wrocław is home to 822,500 people, the fourth largest city in Poland, and one of the three largest academic hubs in Poland, with more than twenty universities and higher education institutions as well as 111,000 students.
- Wrocław is also home to a number of R&D centres, which further underlines the quality of the workforce in the city and the complexity of processes performed here. Moreover, it is not only global giants but also Wrocław-based companies which are entering international markets.
- Wrocław is also becoming a leading destination for the computer gaming industry in Poland with globally recognized companies such as CD Projekt, Techland and Ten Square Games as well as new entities such as Pixelant Games already operating in the city.
- The city is the third largest office market in Poland (after Warsaw and Kraków), offering almost 1.2 million sqm of modern office space. Both 2018 and 2019 were extremely busy in terms of new office supply coming to the market, which resulted in limited construction activity for 2020 and 2021.
- The expansion has resulted in new locations being created in Wrocław, with an excellent example of that being the area around the main railway station. New commercial developments, along with existing office stock and infrastructural improvements, have created a new CBD-like area of the city. New business hubs also include the area of pl. Jana Pawła II. Another thriving location is the western part of Wrocław, which recently registered a surge in new supply and remains a favourite for tenants.
- In terms of sales volumes on the primary residential market (build-to-sell), Wroclaw is the third largest city in Poland. The pro-active policy of the city authorities was of key importance for the dynamic development of the market over the past six years, as was the good climate for co-operation between local developers and administrative bodies
- Record sales of new flats were seen in 2017, with nearly 12,200 residential units sold. Such high sales were possible due to the dynamic growth of the new offerings. The sales figures for 2019 were still very good at 10,700 units.
- Wrocław is the third largest academic centre by the number of students in Poland, after Warsaw and Kraków, and, as such, it is one of the main targets for developers, operators and investors in purpose-built student accommodation (PBSA) schemes.
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