The Karimpol Group was established in 1991 to undertake real estate development in CEE and SEE through operating companies in Luxembourg, The Netherlands, Czech Republic, Poland, Slovakia and Bulgaria. All shares in the company are privately held and no external equity sources are used. This independence, together with long term relationships with construction companies and banks, enables the Karimpol Group to act quickly and efficiently.
In 1991 the initial office was established in Prague, Czech Republic, and the first buildings were completed. Over the years the business grew to become one of the most successful privately held real estate developers, and in 1996 the decision was made to establish an office in Warsaw, Poland. In 2002 the Karimpol Group started an industrial development near Bratislava, while in 2008 a new office in Sofia, Bulgaria, was opened.
In addition the Karimpol Group entered into a joint venture development in Sarajevo, the capital of Bosnia-Herzegovina and realized a project in Russia. The Karimpol Group is, and will remain, a strong player in the CEE and SEE regions and will continue to create commercial buildings for the benefit of all. On the following pages you will find more information on selected real estate developments in the region as well as an outlook on the future developments.