PL

Three companies compete for Warsaw road tenders

Construction
POLAND The Municipal Road Investment Authority (ZMID) has opened offers received in two Warsaw road tenders: the redevelopment of ul. Prosta and the construction of the first section of Trasa Świętokrzyska.
For the redevelopment of ul. Prosta offers were submitted by Bilfinger Infrastructure (PLN 33.8 mln) and Heilit+Woerner (PLN 36.9 mln). A 770m stretch of road is to be redeveloped between the ONZ and Daszyńskiego roundabouts. It will be widened to hold two carriageways of two lanes with additional lanes at crossroads, while the tramline is to be relocated between the two carriageways. Two offers have also been submitted for the construction of the first stage of Trasa Świętokrzyska. Heilit+Woerner made an offer of PLN 18.2 mln, while Fal Bruk estimated the cost of the construction at PLN 21.5 mln. The project involves the redevelopment of ul. Sokola from the Wybrzeże Szczecińskie exit of Świętokrzyski Bridge to ul. J. Zamoyskiego. The new 700m road section will have two carriageways of two lanes each, with additional lanes at junctions. The planned completion date of the construction work is H2 2014.

Latest news

Residential

CZECH REPUBLIC Penta given go-ahead for Nuselský Pivovar

schedule 06 August 2020
Nathan North
deputy editor

A planning permit has been issued for Penta Real Estate’s The Residence Nuselský Pivovar development in Prague’s Nusle district.

Investment & finance

CEE REGION Atrium to speed up repositioning

schedule 05 August 2020
Opr./edited by NN

Atrium European Real Estate has managed to maintain a stable occupancy for its shopping centre portfolio in the region of 95.4 pct (down by only 1.6 pp) through its “focus on pro-active management” during the pandemic, according to an announcement of the company’s H1 figures

Office & mixed-use development

POLAND TriCity for the tenants

schedule 05 August 2020
Opr./edited by NN

The TriCity office market is likely to become a tenant’s market soon due to the changing market environment, according to ‘Occupier Economics: the Office Market in the TriCity in H1 2020’ report by real estate advisory firm Cresa Poland.

Investment & finance

ROMANIA EUR 80 mln loan for Hermes

schedule 05 August 2020
Opr./edited by NN

Atenor has received an EUR 80 mln financing loan from Pbb and Erste Bank for its Hermes Business Campus in northern Bucharest.

Warehouse & industrial

BULGARIA Bulgaria ideal for near-shoring - Colliers

schedule 05 August 2020
Opr./edited by NN

Sofia’s modern industrial and logistics stock grew by 3 pct in the first six months of 2020, reaching almost 1.097 sqm at the end of June, according to Colliers International.

Warehouse & industrial

ROMANIA Four new faces for Eli Park 1

schedule 05 August 2020
Opr./edited by NN

Four new tenants have been secured for the recently completed second phase of Eli Park 1 on Bucharest’s north-western outskirts.

Hotels

POLAND Sofitel Wrocław Old Town falls victim to the pandemic

schedule 04 August 2020
Opr./edited by AKL

Polish hotel operator Orbis has decided not to re-open the Sofitel Wrocław Old Town after its closure due to the pandemic.

Office & mixed-use development

POLAND Sollers strolls into Officyna

schedule 04 August 2020
Nathan North
deputy editor

Sollers Consulting has opened its fourth Polish office – in the Officyna complex in Gdańsk.

Warehouse & industrial

HUNGARY NIPÜF to build hall for Raben in Inpark Pécs

schedule 04 August 2020
Opr./edited by NN

NIPÜF has announced the development of an 11,000 sqm warehouse in its Inpark Pécs industrial park in southwest Hungary.

Hotels

ESTONIA First Estonian Citybox opens its doors

schedule 04 August 2020
Opr./edited by NN

The first Citybox hotel in Estonia and outside Norway was opened on August 1st in the Porto Franco quarter of Tallinn’s passenger port area.

Investment & finance

HUNGARY CPI to issue Hungarian green bonds

schedule 04 August 2020
Nathan North
deputy editor

Czech real estate company CPI Property Group has announced its intention to issue green bonds in Hungary.

Residential

POLAND Second sales for KRK underway

schedule 04 August 2020
Nathan North
deputy editor

Sales have begun for the apartments in the second stage of the KRK estate, which is being developed by Echo Investment in Krakow’s Bronowice district, has started.

Investment & finance

POLAND Metropol buys portfolio of five Atrium centres

schedule 03 August 2020
Nathan North
deputy editor

Metropol Group has acquired a portfolio of five Polish convenience shopping centres from Atrium European Real Estate for an undisclosed sum.

Warehouse & industrial

POLAND MLP Gliwice completed

schedule 03 August 2020
Nathan North
deputy editor

MLP Group has just completed the construction of the MLP Gliwice logistics park in Upper Silesia.

Retail & leisure

EUROPE Safer shopping in all Via Outlets centres

schedule 03 August 2020
Opr./edited by NN

Via Outlets has bestowed its newly-devised ‘Safer Shopping’ certified on all eleven outlet centres in its network.

Retail & leisure

POLAND Auchan signs 12-year extension for 83,000 sqm gla with Chariot

schedule 03 August 2020
Nathan North
deputy editor

Auchan Poland has signed a twelve-year extension to its lease of six retail properties in the country totalling 83,000 sqm gla.

Warehouse & industrial

POLAND Media Expert takes up another 12,000 sqm in Łodź from Panattoni

schedule 03 August 2020
Nathan North
deputy editor

Terg, the owner of the Media Expert consumer electronics chain, has leased 12,000 sqm at Panattoni Business Center Łódź III.

Green projects

CEE REGION CTP moves closer to BREEAM for entire portfolio

schedule 03 August 2020
Opr./edited by NN

CTP has achieved BREEAM In-Use certification for more than 80 pct of its industrial portfolio.

Office & mixed-use development

POLAND Better H1 for regional office markets - JLL

schedule 03 August 2020
Opr./edited by NN

The office markets in Poland’s major regional cities enjoyed a better H1 than a year earlier, despite the pandemic and the expected slowdown, according to JLL.

Office & mixed-use development

CEE REGION Globalworth shows resilience to pandemic

schedule 03 August 2020
Opr./edited by NN

Globalworth leased 115,500 sqm of commercial space in H1 (taken-up or extended) at a weight average leasing term of 3.2 years. Renewals accounted for 74 pct the leasing activity.

Latest in Construction

schedule 21 July 2020

EU construction up by 21.2 pct in May

EU construction output rebounded in May, up by 21.2 pct on the previous month, following a record fall in April, when output plummeted by 14.9 pct, according to data and analytics specialists GlobalData.

schedule 14 July 2020

Only four mega-projects out of 25 underway - Spectis

Four mega-projects are currently under construction in Poland with a combined value of PLN 17 bln (EUR 3.8 bln), according to research by construction market analysts Spectis.

schedule 08 July 2020

Construction mood starts to recover – GlobalData

The European construction industry expected to recover in second half of 2020, according to data and analytics specialists GlobalData.

schedule 24 June 2020

Polish construction still on its way up

The total value of the 960 largest construction projects currently underway or planned in Poland is estimated at over EUR 120 bln, according to the ‘Construction Market in Poland 2020–2025’ report just published by construction market analysts Spectis.

schedule 06 May 2020

Generation Park Y reaches highest point

POLAND Construction work has been completed on the structure of Generation Park Y in Warsaw, which forms part of Skanska’s Generation Park complex in the city’s Wola-Centrum district.

schedule 06 April 2020

Constructors gloomiest for the last three years

POLAND Construction sector confidence levels fell for the twelfth consecutive month in March, according to the latest report by Spectis.

schedule 24 March 2020

Budimex bids PLN 2 bln for Warszawa Zachodnia

POLAND Budimex has scored the most points for its bid to reconstruct Warszawa Zachodnia station.

schedule 23 March 2020

Mirbud to build near Ełk Karuzela

POLAND Mirbud has received a letter of intent from Immo SI Polska (owned by Schiever International) to construct a Bi1 hypermarket and a petrol station for the the Karuzela project on ul. Przemysłowa in Ełk (around 100 km north of Białystok).

schedule 23 March 2020

Moscow to build hospital in couple of weeks

RUSSIA Construction work on a hospital for infectious diseases has started in New Moscow.

schedule 19 March 2020

Nova Stoczniova topped off

POLAND The Nova Stoczniova estate in Wrocław’s Zakrzów district has reached its top construction height.

schedule 17 March 2020

Mirbud to build Radom Terminal

POLAND Mirbud has signed a PLN 280.5 mln contract with Poland’s airport authority Przedsiębiorstwo Państwowe Porty Lotnicze (PPL) to design and build a 30,000 sqm terminal at Radom Airport.

schedule 05 March 2020

Budimex sees results improve

POLAND Budimex has recorded sales of PLN 7.57 bln for 2019.

schedule 02 March 2020

Dekpol to build for Panattoni

POLAND Dekpol will build a warehouse and distribution centre for Panattoni Development Europe in the village of Jawczyce on the western outskirts of Warsaw.

schedule 26 February 2020

Nursery school from building blocks

POLAND The first nursery assembled from modular units has been erected on ul. Jugosłowiańska in Łódź.

schedule 25 February 2020

Hotel and student hall in bakery

POLAND Erbud is to convert the Mamut bakery building in Wrocław into the Basecamp student residence with the Vienna House Easy Wroclaw hotel also to be constructed next to the building.

schedule 19 February 2020

Bridgestone accelerates

POLAND The foundation stone has been laid for an extension of the Bridgestone tyre factory in Poznań in an investment of EUR 160 mln.

schedule 03 February 2020

Napollo chooses Ochota estate contractor

POLAND Napollo has selected F.B.I. Tasbud to be the general contractor for the Apartamenty Niemcewicza 19 project in Warsaw's Ochota district.

schedule 31 January 2020

Ceetrus stays busy

POLAND Ceetrus Polska is currently renovating its shopping centre portfolio as well as developing two projects.

schedule 31 January 2020

Dekpol to build Karuzela Kołobrzeg

POLAND On January 21st, Dekpol was appointed to construct the Karuzela shopping centre, having previously signed a letter of intent.

schedule 21 January 2020

TDJ at full-steam ahead

POLAND Last year TDJ Estate started five residential projects, launched the construction of the .Ktw II office building in Katowice and began an analysis of the potential of the Kraków and Warsaw markets.

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