PL

CFE to extend Atrium Promenada

Construction
POLAND CFE Polska has been selected as the general contractor of the first phase of the Atrium Promenada extension.
The 55,000 sqm shopping centre in Warsaw is owned by Atrium European Real Estate. It is to be extended by app. 7,100 sqm. The contract includes the redevelopment of the front part of the mall, where a a flagship H&M store is to be located, as well as some internal construction work. Sud Architekt Polska has designed the project. As ‘Eurobuild CEE’ informed in January Promenada’s multi-phase extension is scheduled to last over the next six or seven years, as a result of which Promenada could be extended by as much as 44,000 sqm. Atrium European Real Estate owns the centre since 2011, when it acquired the property from Carpathian for app. EUR 170 mln

Latest news

Hotels

Poland Radisson announces changes

schedule 08 December 2022
Opr./edited by ANZ

Warsaw's Radisson hotel has undergone a metamorphosis. The hotel, which has been in operation for twenty years, has undergone a process of renovation and rebranding and has once again welcomed guests as the first hotel in Poland to operate under the prestigious Radisson Collection brand.

Office & mixed-use development

Poland Chemical tenant for P180

schedule 08 December 2022
Opr./edited by ANZ

A global distributor of chemical raw materials has become the latest tenant of the P180 office building in Warsaw. The company will occupy app. 1,500 sqm of office space.

Warehouse & industrial

Poland 7R City Flex Katowice attracts first tenant

schedule 08 December 2022
Opr./edited by ANZ

Logistics operator JAS-FBG has chosen as a base for its operations 7R City Flex Katowice I, where it will occupy over 6,000 sqm of warehouse space. The facility is scheduled to come into use in May 2023.

Architecture and urban planning

SLOVAKIA Penta holds competition for Dynamitka site

schedule 07 December 2022
Opr./edited by NN

Penta Real Estate is holding an architectural competition for the development of a 4.5 ha brownfield site that formed part of the former Juraj Dimitrov chemical works (known locally as ‘DImitrovka’ or ‘Dynamitka’) in Bratislava.

Warehouse & industrial

POLAND Antczak gives green touches to GLP park

schedule 07 December 2022
Opr./edited by NN

Two warehouses in Wrocław V Logistics Centre logistics park have been completed by general contractor Antczak Group for developer GLP, bringing the available area of the complex up to almost 90,000 sqm.

Property and Facility Management

POLAND MVGM stays on as PM for Pro Portfolio

schedule 07 December 2022
Opr./edited by NN

MVGM has signed an extension to its property management contract for the retail and service space in five office buildings in Poland owned by PineBridge Benson Elliot and Sharow Capital.

Investment & finance

World Stabilisation predicted from mid-2023

schedule 07 December 2022
Opr./edited by ANZ

In its latest Global Investor Outlook Colliers anticipates the process of stabilisation of the global real estate market to take hold by mid-2023. After a volatile year of geopolitical tensions, economic shocks and uneven monetary policy, survey findings point towards the potential for regression before stabilisation, with markets and sectors shifting at different velocities.

Warehouse & industrial

Poland Logmaster to move into MLP Pruszków II

schedule 07 December 2022
Opr./edited by ANZ

Logmaster will join the ranks of MLP Group’s tenants. The logistics company has leased approx. 6,800 sqm of modern space within the region’s largest warehouse complex. Delivery of the finished facility has been scheduled for June 2023.

Warehouse & industrial

POLAND Twice the Schrack in Prologis Warsaw II

schedule 06 December 2022
Opr./edited by NN

Electrotechnical products manufacturer and distributor Schrack Technik Polska has extended its contract with Prologis Park Warsaw II for five years and doubled its leased warehouse, office and showroom space to 6,700 sqm.

Warehouse & industrial

SLOVAKIA VGP starts on park near Banská Bystrica

schedule 06 December 2022
Opr./edited by NN

VGP has started work on VGP Park Zvolen near Banská Bystrica in central Slovakia, following the signing of a lease with logistics company Packeta Slovakia.

Warehouse & industrial

Romania Logicor larger in Bucharest

schedule 06 December 2022
Opr./edited by ANZ

Logicor has completed the development of an additional 23,000 sqm in Logicor Bucharest I Logistics Park in Mogoşoaia, 12 km northwest of Bucharest city centre. The complex consists now of four buildings with a total space of approx. 150,000 sqm.

Investment & finance

Poland Focus turns focus on Płock

schedule 06 December 2022
Opr./edited by ANZ

Ukrainian investor Focus Estate Fund has acquired the Atrium Mosty shopping centre in Płock, about 110 km northwest of Warsaw, for an undisclosed sum.

Retail & leisure

ROS grows in Poland

schedule 06 December 2022
Opr./edited by ANZ

ROS Retail Outlet Shopping strengthens its activity in Poland. The Austrian company plans extension in Gdańsk in 2023 and the new project in Kraków in 2024.

Office & mixed-use development

POLAND EPAM expands into Brain Park

schedule 05 December 2022
Opr./edited by NN

Polish IT specialist EPAM has leased almost 8,500 sqm of office space in Brain Park in Kraków, which is being developed by Echo Investment.

Interior design

POLAND Natural make-over for ASB in Skylight

schedule 05 December 2022
Opr./edited by NN

The expansion and arrangement of ASB Poland’s offices in the Skylight building in Warsaw city centre have been completed by the Workplaces department of Globalworth, the owner and manager of the Skylight and Lumen office complex.

Office & mixed-use development

Czech Republic Pretty unvacant in Prague

schedule 05 December 2022
Opr./edited by ANZ

The office vacancy rate in Prague, unlike in neighbouring markets, is decreasing and at the end of Q3 2022 fell to 8.1 pct, representing 308,000 sqm of unoccupied space – according to a Colliers’ quarterly market survey.

Warehouse & industrial

Poland Habasit consolidates in Panattoni Czeladź V

schedule 05 December 2022
Opr./edited by ANZ

Panattoni is completing a 13,000 sqm development for Habasit, a manufacturer and supplier of innovative conveyor solutions for the manufacturing sector. The company will consolidate two locations within Panattoni Park Czeladź V in the Silesian region in January 2023 and plans to expand within the park in the future.

Investment & finance

Poland Facing new challenges in 2023

schedule 05 December 2022
Opr./edited by ANZ

Savills has presented a preliminary summary of 2022 predicting key trends for the coming months. The commercial property market in Poland is facing uncertainty and rising prices but remains underpinned by strong fundamentals, which bodes well for the future, reveals Savills.

Investment & finance

POLAND MLP raises PLN 183.5 mln in share offer

schedule 02 December 2022
Opr./edited by NN

Polish industrial developer MLP Group has raised PLN 183.5 mln in a public offering of 2,621,343 series F shares by way of a private placement on the Warsaw Stock Exchange directed exclusively to qualified investors and investors subscribing for shares worth no less than the equivalent of EUR 100,000. Based on an accelerated bookbuild process, the issue price of the shares was set at PLN 70.

Warehouse & industrial

POLAND Green light for 7R Wrocław West II

schedule 01 December 2022
Opr./edited by NN

Polish warehouse developer 7R has been granted a final building permit for its 7R Park Wrocław West II development in Kąty Wrocławskie, which will offer almost 44,000 sqm of logistics and production space.

Latest in Construction

schedule 12 July 2022

Frontex opens new HQ tender

Frontex, the European Border and Coast Guard Agency, has opened a tender to select a contractor for the design-and-build project of its future headquarters in Warsaw.

schedule 22 June 2022

Erbud wins PLN 30 mln WUM contract

Erbud has been awarded a PLN 29.8 mln contract to modernise the Rector’s Office of the Medical University of Warsaw (WUM).

schedule 20 May 2022

Atlas Ward starts work on Szczecin sheds

Atlas Ward Polska has started work on two logistics parks with a total area of over 70,000 sqm on the eastern outskirts of Szczecin for Panattoni.

schedule 11 May 2022

Rex-Bud to build MDC2 Park Gliwice

Polish industrial developer MDC2 has chosen Rex-Bud Budownictwo to be the general contractor for MDC2 Park Gliwice in Upper Silesia.

schedule 29 April 2022

FineTech chosen to complete Lixa

Yareal has commissioned FineTech Construction to be the general contractor responsible for completing the final stages of its Lixa office complex in Warsaw.

schedule 28 April 2022

Prices rise for construction

Prices for building materials in Poland increased by close to 30 pct over the last twelve months according to Savills.

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

Erbud has announced a PLN 52.8 mln contract with Polish Export Trade & Investment to build three residential buildings in Warsaw’s Praga-Południe district.

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.

schedule 09 November 2021

Warsaw psychology faculty takes shape

Work is progressing on Mostostal Warszawa’s construction of a new building for the Faculty of Psychology of the University of Warsaw, having now reached the foundation slab stage.

schedule 30 June 2021

Food science centre for SGGW

Skanska is to build the Innovation Centre for Food Sciences for the Warsaw University of Life Sciences [SGGW].

schedule 23 June 2021

Mostostal Warszawa and Acciona Construcción to build Opatów bypass

A consortium of Mostostal Warszawa and Acciona Construcción has signed a contract for the design and construction of a bypass around Opatów along the S74 expressway and national road.

schedule 19 May 2021

Skanska wins PLN 141 mln contract for Beiersdorf Poznań plant

Skanska has been awarded a PLN 141 mln contract by Beiersdorf Manufacturing Poznań to expand and reconstruct a production facility in Poznań, Poland. The contract be included in Skanska’s order bookings for Europe for H2 2021.

schedule 15 April 2021

Skysawa tunnel complete

General contractor Porr has completed the construction work on the tunnel connecting the Skysawa mixed-use complex in Warsaw and the Rondo ONZ metro station.

schedule 29 March 2021

Budimex on the Waterfront

Vastint Poland has awarded Budimex with the general contracting services for the initial part of the second phase of its Waterfront development in Gdynia.

schedule 11 February 2021

Erbud contracted for two Wrocław Brewery buildings

Erbud has been awarded a PLN 67.69 mln net contract by Archicom for the construction of two buildings of its Browary Wrocławskie (Wrocław Brewery) revitalisation project.

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