30 Apr 2020

M7 increases occupancy at Nowa Kamienica, Krakow, Poland

M7 Real Estate (“M7”), the pan European investor and asset manager announces that, on behalf of M7 POLAF, it has successfully signed a lease with the US data analytics firm Verisk at the Nowa Kamienica office building in Krakow, Poland.

The asset is a 3,645 sq m office building that is well located in central Krakow with tenants mainly drawn from the technology and legal sectors. The transaction, for circa 650 sq m, increases the occupancy of the building by around 18% to 76%.

Katarzyna Parkot, MD Poland commented: “This is a major transaction and highlights our proactive approach to the asset management of the property. We are delighted to have been able to continue with our business plan for the asset especially in these challenging times.”