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Kraków post office sold to Zeitgeist

Rafał Ostrowski 31 July 2019

Rafał Ostrowski

Journalist

+48 22 356 25 11
rafal.ostrowski@eurobuildcee.com

Rafał Ostrowski has over 17 years’ experience as a journalist. Before joining ‘Eurobuild CEE’ five years ago, he wrote for Wydawnictwo Murator and Shopping Centre Magazine, as well as for retailnet.pl. He has also written for many newspapers and magazines as a freelancer and prepared photo-reportages. Rafał graduated from the University of Warsaw in philosophy. He also completed postgraduate studies in text editing. For ‘Eurobuild CEE’ he covers most real estate sectors, including logistics, construction, office, residential and retail. He is also in charge of the film direction for Eurobuild TV.

Kraków post office sold to Zeitgeist
Renovation work is to begin at the earliest in 2022

POLAND Zeitgeist Asset Management has bought a 19th century building on ul. Wielopole 2 in Kraków, which is partly occupied by the city’s main post office. The property together with a partialy developed plot on ul. Cystersów was sold to Zeitgeist by Orange.

The contract guarantees that the post office will continue to operate, in spite of the renovations which are planned. “In all our projects it is very important to respect the needs of the local community and to preserve the historical character of the buildings. Future renovations will be carried out in a manner that does not hinder the operations of the post office,” says Peter Noack, the co-founder and managing director of Zeitgeist Asset Management.

Renovation work is to begin at the earliest in 2022, before which the building’s facilities are to be modernised for Orange, which has now become the building’s second biggest tenant in the sale and lease back agreement, however much of the building is currently vacant. Baumschlager Eberle Architekten has been invited to create a concept design for the building.

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