PL

Work begins on Business Garden Warszawa’s second phase

Construction
POLAND Inter Ikea Property Division-owned development company Vastint Poland has signed a contract with Hochtief Polska on the construction of five office buildings that are being developed as part of the second, 56,000 sqm gla stage of the Business Garden Warszawa office and retail/ services complex in Warsaw.

The project’s first, 32,000 sqm stage was also built by Hochtief. Business Garden Warszawa is being developed on ul. Żwirki i Wigury in Warsaw’s Włochy district. Construction staff and machines started operating on the site at the beginning of November. Four of the five buildings that form the project’s second stage will have seven above-ground and two underground floors. One building will have seven above-ground storeys and one underground floor. The buildings are to have as a mixed construction: a reinforced concrete structure resistant to water and the above-ground part built in the precast concrete technology. The buildings are also set to meet LEED Platinum standards. 60 pct of the development plot is earmarked for greenery including tall grass, trees and water bodies. The construction work on BGW’s second stage is planned to be completed in early 2017. The complex’s investor and developer is Vastint Poland. The project was designed by the JSK architectural studio, which is also one of Business Garden Warszawa's tenants.

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Warehouse & industrial

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schedule 22 November 2024
Opr./edited by JC

7R and EQT Exeter will jointly develop a modern logistics park near Prague. The 56,000 sqm investment will consist of two buildings located along the D8 highway, which serves the Greater Prague area.

Retail & leisure

Poland One in seven square metres of retail space to be built in Poland

schedule 21 November 2024
Opr./edited by ANZ

According to Trends Radar. Real Estate: From Stabilisation To Optimism, the latest report from Cushman & Wakefield, in 2024, Poland came second in Europe in terms of new retail supply, surpassed only by France. 

Office & mixed-use development

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schedule 21 November 2024
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Retail & leisure

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schedule 21 November 2024
Opr./edited by ANZ

According to BNP Paribas Real Estate Poland latest report “At a Glance: Modern Retail Market in Poland, Q3 2024”, predictions of the imminent decline of shopping centres in Poland have proven premature. In Q3 2024, the Polish retail market expanded by another 116,000 sqm. 

Hotels

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schedule 20 November 2024
Opr./edited by ANZ

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Warehouse & industrial

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schedule 20 November 2024
Opr./edited by ANZ

According to Savills' analysis of the industrial real estate market in the Czech Republic, lease renegotiations, or the extension of older lease agreements in existing premises, have become a significant part of the warehouse and manufacturing real estate market. 

Investment & finance

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schedule 20 November 2024
Opr./edited by ANZ

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Infrastructure

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schedule 19 November 2024
Opr./edited by ANZ

The Warsaw - Łódź stretch will be the first section of the High Speed Railway in Poland. It is on this route that a new station will be built in Brzeziny, a district town hitherto deprived of any access to rail transport.

Warehouse & industrial

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schedule 19 November 2024
Opr./edited by JC

Lynka, a European supplier of branded apparel, has extended its lease of 9,000 sqm of warehouse, manufacturing, office and social space in Panattoni Park Kraków IV.

Investment & finance

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schedule 18 November 2024
Opr./edited by JC

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Eurobuild CEE

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schedule 15 November 2024
Eurobuild CEE

As the media market in Poland evolves, we also need (and want to!) adapt to these changes and move with the times. Soon, access to our archive will be subject to a small payment.

Hotels

Hungary Puro has financing for an investment in Budapest

schedule 15 November 2024
Opr./edited by ANZ

Bank Gospodarstwa Krajowego has granted a loan of up to EUR 40 mln to the Hungarian company from the Puro Group. The financing will be used for the construction of a four-star premium hotel in the centre of Budapest. 

Public buildings

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schedule 15 November 2024
Opr./edited by ANZ

The University of Warsaw has signed a contract with the general contractor for a project at ul. Bednarska 2/4. The new building will house the faculties of Journalism, Information and Bibliology and Economic Sciences, as well as the Academic Campus Radio. Construction work will begin at the end of November. 

Investment & finance

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schedule 14 November 2024
Opr./edited by JC

Savills IM has let the last vacant rental space of the European Logistics Fund 2 (ELF 2) in a logistics property in Konotopa, Poland, on a long-term lease.

Investment & finance

Poland First loan of its kind

schedule 14 November 2024
Opr./edited by JC

Panattoni has been awarded a pioneering green loan from Berlin Hyp worth EUR 74.34 mln. The financing is for a logistics center in Bydgoszcz developed for an e-commerce firm.

Residential

Czech Republic YIT is going to Brno

schedule 13 November 2024
Opr./edited by JC

YIT continues to grow in line with its strategy in the CEE countries. The company is expanding its operations in the Czech Republic and establishes a joint venture with the Czech investor group RSJ Investments.

Investment & finance

Poland Vantage has EUR 100 mln to invest in Poland

schedule 13 November 2024
Opr./edited by ANZ

Vantage Development's Polish subsidiaries have secured a EUR 100 mln loan from the European Bank for Reconstruction and Development. The TAG Immobilien-owned developer and operator will use the funds raised to expand its PRS investments in Poland.

Hotels

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schedule 13 November 2024
Opr./edited by ANZ

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Warehouse & industrial

Poland All occupied at Hillwood in Łódź

schedule 13 November 2024
Opr./edited by ANZ

The two Łódź logistics centres - Hillwood Łódź Chocianowice and Hillwood Łódź Górna - have been fully leased. The latest agreement has been concluded at the second facility, with a client from the electronics industry.

Warehouse & industrial

Poland Orlen chooses P3 Piotrków park

schedule 13 November 2024
Opr./edited by ANZ

P3 Logistic Parks and Orlen have signed a lease agreement for nearly 24,000 sqm of space in the P3 Piotrków park. The facility will serve as a warehouse for supplying the corporation's fuel stations.

Latest in Construction

schedule 02 September 2024

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schedule 06 May 2024

Digitalisation to the rescue

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schedule 08 January 2024

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According to the report released by research firm Spectis, “Modular construction market in Poland 2024-2029”, top 100 manufacturers of prefabricated buildings made of wood, steel, concrete, or LECA generated revenue of nearly PLN 10 bln in 2022, with 47 pct of the figure contributed by sales in the modular building segment.

schedule 17 July 2023

Erbud and Daewoo sign five-year MOU

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schedule 03 July 2023

Russian builders enlisted in return for orders

Moscow city authorities have “asked” development and construction companies to enlist their workers to fight in the war in Ukraine in exchange for orders. One of these corporations is to provide the Russian defence ministry with 30 volunteers ready to be posted to the front by the end of August.

schedule 17 April 2023

Skanska to build for CD Projekt

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schedule 02 March 2023

Training centre in Attendorn

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schedule 12 July 2022

Frontex opens new HQ tender

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schedule 22 June 2022

Erbud wins PLN 30 mln WUM contract

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schedule 20 May 2022

Atlas Ward starts work on Szczecin sheds

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schedule 11 May 2022

Rex-Bud to build MDC2 Park Gliwice

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schedule 29 April 2022

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schedule 28 April 2022

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schedule 21 March 2022

Erbud to rebuild Gdańsk shipping infrastructure

Erbud is to reconstruct the Nabrzeże Szyprów shore in Gdańsk for PLN 28.5 mln.

schedule 25 February 2022

Hochtief builds for Warsaw University

Hochtief Polska has completed construction work on an educational building for the University of Warsaw on ul. Dobra for the department of applied linguistics.

schedule 28 January 2022

Financing secured for completion of The Park Kraków

International investor Cain International and its local development partner, White Star Real Estate, have secured a EUR 36 mln loan from PKO BP to complete the development of The Park Kraków.

schedule 26 January 2022

Erbud takes in GWI for wooden mod cons

Polish construction firm Erbud has merged its subsidiary Mod21 with German wooden modular buildings specialist GWI to establish a new company, also called Mod21.

schedule 31 December 2021

Erbud wins PLN 300 mln Lidl contract

Erbud has been awarded a PLN 298.4 mln contract to build a distribution centre for discount retailer Lidl near Błonie, west of Warsaw.

schedule 02 December 2021

Erbud to build three residential blocks in Warsaw

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schedule 10 November 2021

Skanska partners with Holcim

Skanska has announced a strategic partnership with concrete supplier Holcim Romania to help it reach carbon neutrality by 2045.

Edition 11 (293) November 2024

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