PL

Another string to BIK’s bow

Investment & finance
POLAND It might be in competition with some of the largest international companies on the real estate market, but Biuro Inwestycji Kapitałowych is not flinching from its course. Mirosław Koszany, the president of the board of BIK, has announced a number of new projects – both in the warehouse and retail sectors. These are to be built on land owned by the developer and represent a continuation of its current policy in terms of the size, the format and the function of new facilities.
Logistics beginnings Kraków-based company BIK, which began with developing warehouse and logistics properties, has been operating on this market for 14 years. “We have built warehouse halls all over Poland. In addition to Kraków, we also operate a warehouse park in Sosnowiec and have built a facility in Ożarów Mazowiecki – this was sold to the Arka BZ WBK fund in 2005 – and Pruszcz Gdański, which was sold to British fund Guardian in 2008,” says Mirosław Koszany about the company’s activities. Following the slight slowdown in the wake of the credit crunch, the company is now resuming projects with renewed vigour. “We have a plot near Kraków, in the Niepołomnice district, and the interest in this area is clearly increasing due to the lack of suitable plots in Kraków. We want to build two more buildings there with a total area of 20,000 sqm,” says the president of the board at BIK. When wil
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