What OKRE Development does

OKRE Development Sp. z o.o. is a Polish boutique real-estate developer founded in 1995 and headquartered in Warsaw, operating as a wholly-owned subsidiary of the Belgian Koramic Investment Group nv (established 1883; €799M+ annual turnover across ~20 countries and 5,000+ employees). The company develops premium residential and Class A office projects in Poland's three largest urban markets — Warsaw, Wrocław, and Poznań — with a portfolio spanning 640+ sold apartments across 7+ completed residential projects and 18,250+ m² of office space built. Its core technical specialization is the combination of historic-building revitalization and adaptive reuse with contemporary new construction, exemplified by projects such as SUDEA (Wrocław, 21,600 m² historic quarter restoration), Witolda 3840 (a converted early-20th-century Customs Office), and Dolna Górna Wilda (Poznań, three new-build apartment buildings). Each project features commissioned original artworks by recognized Polish artists (Oskar Zięta, Trzupków duo, Monika Polak, Leszek Zdek, Paul Bik), and designs are produced in partnership with top Polish architectural studios (JEMS Architekci, Maćków Pracownia Projektowa, Ultra Architects, Kuryłowicz + Architekci).

Revenue is generated almost entirely through one-time property sales — premium apartments in active residential developments (SUDEA, Dolna Górna Wilda, Traugutta nad Oławą, Zagórze 7) and commercial/office premises within mixed-use schemes and the dedicated GreenWings Offices and Grójecka Offices buildings in Warsaw. Pricing is project-specific and not publicly disclosed; SUDEA units start from 19,441 PLN/m² (May 2026), with promotional discounts of up to 100,000–200,000 PLN offered during open-house events. OKRE sells exclusively through a direct-to-consumer model: owned sales offices in Warsaw, Wrocław, and Poznań, supported by project-specific websites, dedicated sales specialists, open-house events (Dni Otwarte), and an Ambassador referral program paying 5,000 PLN per closed referral. Customer segments are affluent individual buyers (end-users and buy-to-let investors) plus corporate office tenants; ancillary partnerships with NOTUS (mortgage advisory), KODO (interior architecture), and Gleeds (project management) are bundled into the buyer journey. OKRE has received multiple high-credibility awards including CEE Investment Awards Residential Project of the Year 2025, Grand Prix NAWW 2025, and Eurobuild Office Building of the Year 2015.

Name

OKRE Development

Legal name

OKRE DEVELOPMENT SP. Z O.O.

Website

https://okre.pl

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Short description

OKRE Development is a Polish boutique real-estate developer (founded 1995, subsidiary of Belgian Koramic Group) building premium residential and Class A office projects in Warsaw, Wrocław, and Poznań, combining historic-revitalization and new-construction with commissioned artworks and award-winning architecture for affluent individual buyers and corporate tenants.

Ownership category

akta.pro rank

Product category

Premium Real Estate Development

SIC

Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Design-Build / EPC General Contracting (IMAFAAAD)

Keywords

• Premium residential development
• Historic building revitalization
• Luxury apartment development
• Commercial office development
• Adaptive reuse construction

Headquarters

HQ city

Warszawa

HQ country

Poland

HQ region

Europe

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Marketing or Sales, Personnel, Technology or R&D

Revenue model

1. Residential Apartment Sales: Primary revenue stream from sale of premium apartments and apartments in completed and in-progress residential developments. Properties include SUDEA (Wrocław), Dolna Górna Wilda (Poznań), and completed projects including Solna 6, Saperska 30, Rynek Wildecki 3, Witolda 3840, Drukarska 56, Wyszyńskiego 56, and Forest Edge. New projects in pipeline include Traugutta nad Oławą (Wrocław) and Zagórze 7 (Poznań).
2. Commercial/Office Space Sales and Rental: Revenue from commercial premises within mixed-use developments (ground-floor retail and service units in residential projects) and dedicated office buildings including GreenWings Offices (10,850 m², BREEAM Very Good, Warsaw) and Grójecka Offices (7,400 m², Class A, Warsaw).

Pricing tiers

Go-to-market motion3 records

Distribution channels2 records

Marketing channels6 records

Core offering

OKRE Development is a boutique premium Polish real estate developer (subsidiary of Belgian Koramic Group) that invests in, develops, and sells luxury residential apartments and Class A office buildings in Warsaw, Wrocław, and Poznań. Its portfolio combines historic building revitalization with new construction, integrates commissioned original artworks by leading Polish artists into every project, and delivers above-standard specifications (high ceilings, solid brick walls, wooden windows, natural stone). Currently selling SUDEA (Wrocław) and Dolna Górna Wilda (Poznań), with Traugutta nad Oławą and Zagórze 7 in the pipeline.

Product overview

OKRE Development operates as a boutique real estate developer offering premium residential and office projects across Warsaw, Wrocław, and Poznań. The portfolio consists of distinct branded developments — currently active offerings include SUDEA (Wrocław, a historic revitalization project with new construction on Sudecka Street) and Dolna Górna Wilda (Poznań, three modern apartment buildings by Ultra Architects) — alongside planned projects Traugutta nad Oławą (Wrocław) and Zagórze 7 (Poznań). The completed portfolio spans 12 projects including premium residential buildings (Solna 6, Wyszyńskiego 56, Rynek Wildecki 3, Witolda 3840, Saperska 30, Drukarska 56, Na Skraju Lasu), office buildings (GreenWings Offices, Grójecka Offices), and a legacy temporary office space (Pod Ciśnieniem). An optional referral program called OKRE Ambassador supplements the core sales offering.

Differentiator

Problem solved

Functional benefit

Products and services

• SUDEA Premium residential complex in Wrocław combining revitalized historic buildings (Sudecka 96, 96A) with new contemporary construction, surrounding a one-hectare private garden. Includes apartments, commercial/service spaces, restaurant, residents' club, and underground garage. Ready for occupancy. Targeted at affluent buyers seeking historic character combined with modern functionality.
• Dolna Górna Wilda Three modern apartment buildings in Poznań's Wilda district designed by Ultra Architects, surrounded by green courtyards, featuring ceiling heights up to 2.9 m, wooden windows, air conditioning, and the "Constellation" art installation by Oskar Zięta. Sold to affluent individuals and families.
• Traugutta nad Oławą Planned mixed-use residential development in Wrocław combining revitalized historic buildings with new construction by the Oława River, designed by JEMS Architekci. Total planned usable area of 23,387 m². Pre-sales launch 29.05.2026.
• Zagórze 7

Quantifiable outcome

• Over 640-670 apartments sold across 7+ completed projects as of 2025
• +4 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

13 partnerships are on record, tiered core and minor.

• JEMS ArchitekcicoreStrategic or Co-development PartnerLeading Polish architectural studio responsible for multiple OKRE projects: Solna 6 (Poznań), GreenWings Offices (Warsaw), and Traugutta nad Oławą (Wrocław). Award-winning firm recognized for high-quality architectural design.
• Maćków Pracownia Projektowa (Maćków Design Studio)coreStrategic or Co-development PartnerAcclaimed design studio led by Zbigniew Maćków, responsible for the SUDEA project in Wrocław. One of Poland's most respected architects with a distinctive vision for combining history and modernity.
• Ultra ArchitectscoreStrategic or Co-development PartnerAward-winning Poznań-based studio responsible for Dolna Górna Wilda project. Recognized for contemporary architecture that respects urban context.
• Kuryłowicz + ArchitekcicoreStrategic or Co-development PartnerLeading Polish architectural firm collaborating with OKRE on select projects. Part of OKRE's exclusive network of top-tier architectural studios.
• NOTUSminorImplementation/ SI/ Consulting PartnerFinancial advisory firm providing on-site consultation during open house events (Dni Otwarte), advising prospective buyers on financing options and mortgage possibilities. Present at SUDEA and Dolna Górna Wilda open days.
• KODO (interior architecture studio)minorImplementation/ SI/ Consulting PartnerRecommended interior architecture firm for OKRE clients. Provides on-site consultations during open house events to assist buyers with space planning and interior finishing. Recommended by OKRE as preferred provider for apartment finishing.
• GleedsminorImplementation/ SI/ Consulting PartnerProject management company responsible for ensuring quality standards at every stage of construction for the SUDEA project. Provided oversight and quality control throughout the execution process.
• Oskar ZiętacoreStrategic or Co-development PartnerInternationally acclaimed Polish designer and artist. Created the 'Constellation' installation in the main lobby of Dolna Górna Wilda (Poznań). His sculptural work adds distinctive artistic identity to OKRE's common spaces.
• Monika and Tomasz Trzupków (artists)coreStrategic or Co-development PartnerMarried couple artists who created wooden bas-reliefs and woodcuts specifically for Solna 6 in Poznań. Their work featuring zigzag shapes and hortus conclusus (closed garden) motifs is integral to the building's identity and references the adjacent monastery garden.
• Monika Polak (artist)coreStrategic or Co-development PartnerArtist whose paintings will be displayed in the SUDEA development in Wrocław, contributing to the project's artistic identity.
• Polski Związek Firm Deweloperskich (PZFD) — Polish Association of Real Estate DevelopersminorOthersOKRE is a member of the Polish Association of Real Estate Developers, providing access to industry knowledge, best practices, and professional standards. Also member of the Belgian Business Chamber.
• Leszek Zdek (artist)minorStrategic or Co-development PartnerArtist whose sculptures were restored and incorporated into the courtyard of the Wyszyńskiego 56 development in Wrocław, funded and initiated by OKRE. Works originally from local university buildings.
• Paul Bik (artist)minorStrategic or Co-development PartnerArtist who designed an individual project of concrete bas-reliefs for the lobby and underground garage entrance of Drukarska 56 in Wrocław.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• J.W. Construction: Established Polish residential developer with long track record. Operates at larger scale than OKRE across multiple Polish cities with broader product portfolio spanning multiple price segments.
• Skanska Residential Development Poland: Swedish-origin developer active in Polish premium residential market. While much larger than OKRE, Skanska shares OKRE's focus on sustainability certifications (BREEAM), architectural quality, and premium positioning in major Polish cities.
• Echo Investment: One of Poland's largest developers covering residential, office, and retail. Echo shares OKRE's mixed-use approach and Polish market focus but operates at significantly larger scale with broader portfolio across multiple Polish cities.
• Develia (formerly LC Corp / Robyg): Major Polish residential developer (formed from merger of LC Corp and Robyg). Comparable to OKRE in residential focus but operates at much larger scale across multiple Polish cities with broader price-tier coverage.
• Budimex Nieruchomości: Real estate arm of Budimex Group, one of Poland's largest construction companies. Operates residential developments across Polish cities at larger scale than OKRE with similar Polish-market focus and quality positioning.

Direct peers

• Liebrecht & wooD: Belgian-Polish premium developer with Belgian heritage similar to OKRE's Koramic backing. Active in Poland's premium residential and office markets with a focus on architectural quality and central urban locations.
• Archicom: Wrocław-headquartered Polish developer of premium residential projects. Directly comparable to OKRE's Wrocław operations (SUDEA, Traugutta nad Oławą), with similar focus on urban residential in Wrocław's premium districts.
• Yareal: Polish premium residential and commercial developer operating in Warsaw and other major cities. Like OKRE, Yareal focuses on architecturally distinctive, premium-segment projects in central urban locations with mixed-use components.
• Ghelamco: Belgian premium real estate developer with major operations in Poland. Both Ghelamco and OKRE (via Koramic) have Belgian heritage, target premium Polish residential and commercial markets, and engage in large-scale mixed-use developments in Warsaw and other major cities.
• Wikana: Smaller Polish residential developer operating in regional markets. Comparable in scale and boutique-developer profile to OKRE, with similar focus on Polish residential markets and premium positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/okre-development

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OKRE Development