Edition 11 (195) November 2014


When worlds collide

Idecided to do a quick survey: how many people in the editorial team shop online? All of them, although the frequency of such shopping differs.


Caught in the web

At least this is what the managers of huge corporations are thinking.

Rafał Ostrowski
Investment & finance

Another string to BIK’s bow

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.

Aneta Cichla
Retail & leisure

The emperor’s new clothes

WORLD Swedish clothing giant H&M has recently been going from strength to strength. All this has been made possible by the rapid and intensive development of its chain of boutiques as well as its excellent financial results, which continue to show improvements from month to month. The brand has proved so popular among customers that it is now planning to conquer more exotic markets in Africa and the Chinese coast.


The end of the construction crisis?

POLAND The recent financial data published by construction companies, and most of all by those listed on the Warsaw Stock Exchange, show that we can start thinking about the beginning of the end of the crisis. However, there are also other figures that might put a damper on this optimism. Orders from state institutions can have a positive influence on the order portfolios of builders. The budgeted expenditure on infrastructure is to amount to app. PLN 500 bln by 2020, according to Deloitte’s estimates. These funds should help the construction industry to exit the crisis, argues the consultancy. The growth in public-private partnership projects is another lifeline for the sector. The growing number of tender procedures organised by the General Directorate of National Roads and Motorways (GDDKiA) will also have a positive influence.

Anna Posmyk-Pakulniewicz
Stock market report

Builders buck the trend

After a very good September, October brought a clear shift in mood on the global stock exchanges. Week after week the WSE indexes kept plunging, but despite this the WIG-Construction index showed exceptional resilience.


Above standard

Last year Inter IKEA Centre Group Poland bought the Wola Park shopping centre in Warsaw, which is now being extended. This year the company purchased a plot in Zabrze in Silesia and it is also extending the Bielany retail park in Wrocław, while preparing the design for a new centre in Lublin. We discussed the plans of the Swedish developer with Mikael Andersson, the managing director of IICGP


Europe is not enough

As growth opportunities gradually dry up in europe, neinver is seeking for new, overseas destinations. but meanwhile the company is strenghtening its market position in poland by looking after its factory outlet chain and pressing its case for the centrally-located warsaw project it wants to develop together with pkp. barbara topolska, the coo of neinver, discusses the group’s plans.


Back from the brink

For some time now, struggling shopping centre developer Plaza Centers has been on a bumpy, yet steady road towards recovery. Recently the company has sold two assets in the SEE region and has been increasing its efforts to attract new anchors and improve the tenant mix in its remaining malls. ‘Eurobuild CEE’ spoke to Plaza Centers’ CEO, Ran Shtarkman, on the company’s leasing and investment plans.

Agata Kłapeć
Retail & leisure

Shopping across the digital divide

There is no doubt that new technology has sparked a fundamental change in retail. The emergence of online shopping and omni-channel retailing have intensified the levels of competition and innovation on the market. They have also transformed the way physical retailers and shopping centre operators manage their businesses and properties for good

Agata Kłapeć
Investment & finance

From white elephant to gold mine

Two investors have thrown Orco a lifeline by taking over the construction of the Złota 44 luxury apartment building, which has now become a Warsaw landmark. Will it ever turn into the gold mine for them it once promised to be?

Tomasz Szpyt

Rows of new chairs

The last decade in Poland saw the opening of a crop of hotels with large conference centres. The success of these now means that more such projects are planned.

Rafał Ostrowski
Eurobuild Awards

Buildings with soul

The best architectural design of the year will be chosen as soon as December 4th during the Eurobuild Awards gala. Here are the nominees.

Rafał Ostrowski

The green office effect

There is no doubt that green office buildings have a positive influence on administrators and tenants as they benefit from the reduced environmental footprint and utility bills. But what about the buildings’ users? Could eco-friendly projects actually boost productivity and employee engagement? These and many other issues were addressed at the Office Space and Green Solutions conference recently held by Eurobuild CEE in Pałac Sobańskich in Warsaw


In the mood for a boom

The smell of money, to put it grandiloquently, was in the air in Munich, where the crème de la crème of the European real estate market was gathered at the beginning of October. But there was the unnerving feeling that the atmosphere bore a marked resemblance to 2006/07

Office & mixed-use development

In comfortable conditions

“It’s quiet and green, just like home” – this is what more and more employees are now able to say about their offices. A wave of office modernisations based on the latest workplace strategies is now taking place across Poland. The results have been impressive

Aneta Cichla