Edition 12 (216) December 2016


Change: one of three things that never does

In this world nothing can be said to be certain, except death and taxes – or so Benjamin Franklin once apparently said. I would add a third item to this list: change. Nothing stays the same forever, whether we are talking about our private lives or business.

Ewa Andrzejewska
Retail & leisure

Mayland multiplies

POLAND The fifteen-year-old Fort Wola shopping centre in Warsaw is to be renovated, rebranded and enlarged from its present 30,000 sqm to 42,000 sqm. This will involve the opening of a 24,000 sqm Ikea store in the complex at ul. Połczyńska 4. Ikea Wola will be the eleventh store of the chain in Poland. Fort Wola will also be renamed Galeria na Woli.

Ewa Andrzejewska
Stock market report

Trumping all expectations

The election of Donald Trump as president has so far not led to Armageddon on the global stock exchanges. The plunge caused by the news of this surprising outcome lasted just half a day before U.S. markets bounced back – as did the American dollar. In Poland the index changes were slight, with the construction companies’ sub-index turning out to be the weakest

Christmas Feature

Ding-dong merrily on high!

Can you hear the bells ringing? Are your children asking you to keep the light on and leave some biscuits for Santa Claus, just in case he’d like to drop in earlier? Is ‘Last Christmas’ by Wham torturing your ears in every shopping centre you go in?


Branded office buildings

Immofinanz is launching its Myhive brand of office buildings. This is the fourth such brand in our region following The Park by White Star, Business Garden by Vastint and Skanska’s ‘Green’ PROJECTS. What impact will the new brand have on the market?

Anna Pakulniewicz
Creative environments

Leading the space race

It’s not just the increasing amount of available stock, but also changing tenants’ expectations that are forcing developers to be innovative in their thinking about office design and taking them off the well-beaten track


Maya buzzes into Poland

The cornerstone for the first theme park in Poland was laid at the beginning of December in the village of Kownaty in Lubuskie province, 40 km from Frankfurt an der Oder on the German border. We spoke to Daniel Heinst, the CEO of Holiday Park Kownaty Poland, and Bruno Lambrecht, the general manager of CFE Polska, about the nuts and bolts of the project

Rafał Ostrowski

Home-made goulash or bigos?

As one Hungarian developer eyes a top-five position among Poland’s residential developers, we take a look at both markets – the stage of development they have reached and where they are going now

Nathan North

Pushing the limits

What is the most important thing in architecture – and what’s missing in Polish cities? These were among the topics we discussed with world-renowned architect and artist Jürgen Mayer, the founder of the J. Mayer H. und Partner Architekten studio based in Berlin

Anna Pakulniewicz
Eurobuild Awards

More perceptive than Poirot

He arrived in Poland a quarter of a century ago and eventually became one of our top real estate investors – but Christmas trees and asparagus turned out to be excellent businesses, too

Tomasz Cudowski

What a wonderful world

On a Thursday evening a month before Christmas, the world of Polish real estate came together to wish Triuva happy birthday on the 10th anniversary of its operations in Poland

Alex Hayes

Cool in Cannes

The MAPIC 2016 trade fair opened on November 16th, as always, in Cannes. The hectic three days that followed gave real estate people the possibility to learn more about the latest trends in retail from around the world and meet everyone they are not able to every day. And the number of meetings reached those you normally have in half a year – according to one Polish developer

Anna Pakulniewicz

Let’s ruin a new home

Every mature Eurobuild reader has certainly experienced moving house and/or a home renovation at some point. Most of you are unlikely to forget this experience – and it may still haunt your nightmares for years to come. I’ve recently played my part in such an episode, which bordered on turning into a Greek tragedy or an American horror…

Tomasz Cudowski