Edition 10 (184) October 2013


Five years old – but finally learning how to walk

My two-year-old son was excited recently on the way to kindergarten. He had been trying to sing something all morning and finally I realised what the song was: it was ‘Happy Birthday’.

Ewa Andrzejewska
Investment & finance

Playing it safe

Miasteczko Orange in Warsaw, with a total useable area of more than 44,000 sqm, is one of the largest built-to-suit office projects in Poland. This is also the first office project completed by Bouygues Immobilier Polska. When can we expect more BTS offices from you?

Rafał Ostrowski
Stock market report

Putting open pension funds to bed

The tense situation in Syria and the resolution of the open pension funds issue were the two main factors influencing the WSE at the end of the school holidays


In search of security

Could the purchase of a leased warehouse ever be a sensible and safe move for an institutional investor? Yes, it could. Because – as the participants of our debate insist – warehouse and industrial facilities can be profitable investments. But a problem arises here, because such ‘good products’ are rather scarce

Facility Management

Managing to find a place

Across Poland there exists almost 8 mln sqm of warehouses, around 10 mln sqm of modern retail space and over 6.5 mln sqm of offices. These are the millions that property managers are fighting over. Who is winning the battle?

Ewa Andrzejewska
Investment & finance

Next year will be better

A total of EUR 2.71 bln was invested in the visegrÁd countries in 2012, only 59 pct of the record investment volume from 2011 (EUR 6.29 bln) and 25 pct more than in 2010. It seems today that this result will be beaten in 2013

Investment & finance

Appetite for investing

ECE is putting its development activities on the back burner as it sees an opportunity to buy new assets and provide facility management for others. “We have a great appetite for the Polish retail market,” declares Leszek Sikora, the director of the development department of ECE Projektmanagement in Poland

Aneta Cichla
Retail & leisure

Opening soon! in Warsaw, Prague, Budapest

The Polish capital’s retail market is going from strength-to-strength, but in Prague the saturation is considerable and the rents are high. Budapest, meanwhile, is learning to live with state regulation. A tour of the shopping centre scene in the region’s big three capitals...

Aneta Cichla, Alex Hayes

Restoring public orders

At least PLN 10 bln is expected to be claimed by contractors from the General Directorate of National Roads and Motorways (GDDKiA) in payment for orders over the 2007–2013 period. Although these are only the rough estimates of road builders, it is certain that a conflict is brewing of an unprecedented scale

Rafał Ostrowski

Flowering hybrids

If you ask anyone who has ever backpacked around Central and Eastern Europe to name his or her favourite chain or brand of hostel, the response you are most likely to receive would be a shrug. But the lack of big players on the scene is likely to change with the advent of the ‘ho[s]tel’

Nathan North, Rafał Ostrowski

Molls and molecules

On September 19th, real estate investor IVG Poland together with Eurobuild Conferences held ‘A Sentimental Journey Back to the 20s and 30s with IVG’ – a theme party especially for leasing agents active on the Warsaw property Market

Alex Hayes

Education is the name of the game

Our customers are not ready to pay extra for green solutions. We have to cover the costs of more expensive development out of our own margins,” complained some of the speakers from the development sector during the Switch to Green conference organised by Eurobuild.

Rafał Ostrowski

Hitching your mall to a star

The Forum shopping centre would like to give its warmest congratulations to Małgosia on her new baby! Zosia is doing fine, she is 53cm long and weighs 3.24kg!

Zuzanna Wiak