Edition 9 (183) September 2013


Evergreen fashion

The Swinging Sixties style: Twiggy and girlish figures, rounded collars and kaleidoscope prints (by Maciej Zień), three-quarter sleeves (from Paprocki & Brzozowski) – this is what’s set to be in fashion for the autumn-winter 2013/14 season.

Ewa Andrzejewska
Investment & finance

Looking beyond Kraków

Grzegorz Hajdarowicz: media mogul, the owner of the ‘Rzeczpospolita’ newspaper. And a film producer often seen at Cannes... at the property fairs.

Ewa Andrzejewska
Warehouse & industrial

Going on the offensive

Millennium Logistic Parks (MLP) submitted its prospectus at the end of June to the Polish Financial Supervision Authority for its debut on the Warsaw Stock Exchange. The first listing is to take place in the fourth quarter of the year. Does this mean that your strategic shareholder is selling off its shares?

Rafał Ostrowski

A breath of new life

POLAND Around 9,500 sqm of newly modern office space is to be provided by the renovated skyscraper at ul. Moniuszki 1A in Warsaw, after the completion of the modernisation work that is just starting. After many years Orange Polska, which before privatisation was the state telecom company Telekomunikacja Polska, is consolidating its separate offices and moving out of the building. Its new address is Miasteczko Orange at Al. Jerozolimskie 160. So what will happen to the office tower at ul. Moniuszki 1A?

Ewa Andrzejewska
Stock market report

Growth is all around us

The construction sector index registered another increase, leaving the main indexes behind to reach its highest level since May 2012. the open pension fund turbulence seems to have left this industry unshaken


Keenest to be greenest

Mirror, mirror on the wall – who is the “greenest” of them all? We reveal the results of our survey to rank the most ecological property developers and owners in the region

Alex Hayes

Eco-cities in their infancy

EU directives and national legislation are putting pressure on the cities of Central and Eastern Europe to implement green policies. However, this process is still uncoordinated – and so developers are not having an easy time playing their part

Aneta Cichla, Radosław Górecki
Investment & finance

The Russians are coming?

Here in Central Europe, it might seem surprising that our giant neighbour to the East, which continues to boom on the back of a glut of petro-dollars, has so far been oddly inactive in our real estate markets. the russians are in fact looking at our region, but in specific areas. So who are these potential investors and what products could we have that might catch their eye?

Nathan North

Banking on a housing revival

State-owned Bank Gospodarstwa Krajowego, in consultation with the Ministry of Finance, is starting work on the Apartments for Rent Fund, which is being set up to spend PLN 5 bln on the purchase of app. 20,000 apartments to be offered to tenants. We discuss the role of the project in stimulating the development of the residential market with its originator Piotr Kuszewski, the director of the capital investment department of Bank Gospodarstwa Krajowego

Rafał Ostrowski
Eurobuild Awards

Jugded on their results

Consulting companies – it is to these that property owners generally go for advice and assistance when leasing or selling their facilities. Investors recognise the important role that agencies play when things get difficult on the market and an ‘all hands on deck’ approach is needed

Aneta Cichla
Interior Design

A warmer reception

“He sat in a still unoccupied ‘Opphuls Chair’, resting his elbows on its sweaty palms and tense arms. The armchair was breathing under his backside. The piece of furniture was naked, and bent as a shoe last with its back laid on the floor, arms in the air and buttocks raised. The straightened-up legs served as supports. The chairs were people with athletic builds, painted brown and grey, but well-trained...”

Zuzanna Wiak

Sun and strokeplay

The phenomenally good weather proved to be the biggest hardship on the day of our annual golf and tennis tournaments

Alex Hayes

A win-win tournament

The best beach volleyball players from the sector proved to be the team fielded by Warbud. They were followed by Jones Lang LaSalle, while MLP Group came third. But the real winners were the patients of the Our Children [Nasze Dzieci] foundation at the oncology clinic of the Children’s Memorial Health Institute in Warsaw


Monumental folly

in early July, news broke of an event in Peru that appalled the global village. It was hard to believe, but the evidence was irrefutable: where once a 3,000 year-old pyramid had stood, there was now only flattened earth and rubble – the aftermath not of a cruise missile attack, but of a visit by some over-zealous developers

Nathan North