The healthy state of the economy in Krakow is reflected in the state of the real estate market. Krakow is the largest regional office space market. Krakow office stock is expected to exceed 1 million m2 of modern space in 2017. It also has the greatest number of categorized hotels in the country (151). Housing construction is rapidly growing – in 2016, as in previous years, Krakow held the top position among Polish cities in terms of the number of dwellings commissioned for use. With the total retail stock amounting to approximately 570,000 m2, Krakow is the sixth largest market in Poland and this volume has increased in 2017 on completion of the Serenada shopping centre.
