Budimex wins PLN 740 mln contract

Infrastructure
POLAND Budimex has signed a PLN 742.3 mln net contract on the construction of the Olsztyn ring road.
The deal was signed with the Olsztyn branch of the General Directorate of National Roads and Motorways. As part of the agreement Budimex will build a 14.7 km section of the S51 expressway linking the eastern Olsztyn interchange with the southern Olsztyn interchange. The project will also include the construction of 15 overpasses, two bridges, two crossings for animals, a railway bridge and a footbridge. Budimex will also construct two interchanges, Jaroty Olsztyn and East Olsztyn, and some tec
Already have an account? Log in
27% of content remaining
Unlock full access to the article
PLN
EUR
Lifetime access to current material
One-time payment, lifetime access.
Choose
Access includes
  • Lifetime access to current material
Most popular
EurobuildCEE magazine & online subscription
Access to all EurobuildCEE materials
Monthly
Annually
You save 17% when paying annually
Monthly on one device. Annual payment
Monthly on one device. Monthly payment
Choose
Access includes
  • Access to EurobuildCEE magazine edition online & flipbook version
  • Exclusive news, comments, articles and interviews with the most important market representatives and experts
  • Archive containing data and information from the commercial real estate and construction market in Poland and the CEE region, collected over 27 years;
  • Eurojobs
  • Eurobuild FM

Latest news

Warehouse & industrial

Poland Santander finances Panattoni's project near Poznań

schedule 05 February 2025
Opr./edited by ANZ

Panattoni has secured financing for the first phase of Panattoni Park Poznań XIV, a logistics project underway in Głuchowo, near Poznań. The EUR 9.1 mln loan was provided by Santander Bank Polska.

Events

Poland Rondo 1 Run Up

schedule 05 February 2025
Opr./edited by ANZ

The thirteenth edition of the popular charity sports event Rondo 1 Run Up will take place on 12 April. Registration starts soon.

Office & mixed-use development

Poland Revetas Capital attracts new tenant

schedule 05 February 2025
Opr./edited by ANZ

Revetas Capital has secured a new lease agreement in Bonarka for Business with EFL, a Polish leasing company. 

Warehouse & industrial

Poland CTP acquires 18 ha site near Poznań

schedule 05 February 2025
Opr./edited by ANZ

The project involves the construction of a warehouse and production complex with a total area of approx. 52,000 sqm GLA, offering a variety of lease formats.

Warehouse & industrial

Poland Oponeo takes way more

schedule 05 February 2025
Opr./edited by JC

Oponeo has extended its lease agreement at the logistics park in Zelgoszcz, developed by Hillwood Polska. The company has also committed to additional space in the facility’s expanded section.

Residential

Germany ECE takes Gesundbrunnen Center to new heights

schedule 04 February 2025
Opr./edited by JC

ECE is investing in the further development of Gesundbrunnen Center Berlin and is expanding the property to include hotel use on the roof of the shopping center: an additional section with a total of 162 design apartments will be operated by the brand Stayery.

Office & mixed-use development

Poland Getinge settles in Enterprise Park

schedule 04 February 2025
Opr./edited by ANZ

Getinge, a provider of innovative medical solutions, has joined the tenants of Kraków's Enterprise Park office complex. The company has leased more than 1,900 sqm of office space on the third floor of Building D. The tenant will move into its new premises in March.

Warehouse & industrial

Romania NRF joins MLP Bucharest West

schedule 04 February 2025
Opr./edited by ANZ

MLP Group has signed a lease agreement with a provider of automotive replacement parts and industrial cooling solutions. At the MLP Bucharest West logistics centre, the tenant will occupy a total of 20,100 sqm of warehouse and office space. The facility is set to be completed and handed over in November 2025. 

Investment & finance

Europe GTC sells in Warsaw and Zagreb

schedule 04 February 2025
Opr./edited by JC

GTC has finalised the disposal of a plot in Warsaw’s Wilanów district for EUR 55 mln as well as the Matrix C office building in Zagreb for EUR 27 mln.

Investment & finance

Romania Lucky seven for M Core

schedule 03 February 2025
Opr./edited by JC

MAS has sold its strip mall portfolio in Romania to M Core Group. The transaction includes seven assets with a total GLA of approx. 32,000 sqm, located in Slobozia, Focșani, Râmnicu Sărat, Târgu Secuiesc, Sebeș, Făgăraș, and Gheorgheni.

Investment & finance

Poland Wronia 31 gets a new owner

schedule 03 February 2025
Opr./edited by JC

Uniqa Real Estate Management has purchased the Wronia 31 office building in Warsaw from LaSalle Investment Management.

Hotels

Slovakia Alfa Group builds a hotel in redeveloped Bratislava Harbor

schedule 31 January 2025
Opr./edited by ANZ

Hungarian Alfa Group is planning a EUR 36 mln investment project with a hotel function. The project will be located in the redeveloped port on the Danube in Bratislava.

Warehouse & industrial

Slovakia P3 strengthens its presence in Slovakia

schedule 31 January 2025
Opr./edited by ANZ

P3 Logistic Parks has acquired an existing park and adjacent land near Nové Mesto nad Váhom, in Považie region of Slovakia.

Office & mixed-use development

Poland Office development activity focuses on the central areas

schedule 31 January 2025
Opr./edited by ANZ

The year 2024 saw a period of stabilisation in the Warsaw office market, with an increasing concentration of new supply in the city centre and a high proportion of lease renegotiations. Key market drivers in 2025 will include the limited availability of large office spaces, the growing importance of ESG criteria, and the continued expansion of flexible office solutions, according to  Axi Immo's latest market report, Office Market in Warsaw 2024.

Office & mixed-use development

Poland Modernisation on an XXL scale

schedule 30 January 2025
Anna Zamyłka

We talk to Karol Klin, who has recently joined the Cornerstone Investment Management team, taking on the role of commercial real estate director, and has also taken on the coordination of the leasing of the V Tower development as leasing director at the project's special purpose vehicle.

Warehouse & industrial

Germany Panattoni builds on brownfield site near Munich

schedule 30 January 2025
Opr./edited by ANZ

Panattoni is building a logistics centre for Repa in Unterschleißheim near Munich. A 32,600 sqm building will be constructed on a 54,400 sqm plot.

Office & mixed-use development

Poland Arup stays in Korona

schedule 30 January 2025
Opr./edited by JC

GTC has extended its lease agreement with Arup, an engineering and consulting firm. The company also carried out an renovation of the leased space in Kraków's Korona Office Complex.

Office & mixed-use development

Poland Big moves for Alior

schedule 30 January 2025
Opr./edited by JC

Alior Bank will move its Warsaw headquarters and Kraków office to new locations. The company will occupy spaces in Varso Place and Ocean Office Park B.

Investment & finance

Germany Patron Capital and Inbright acquire two new properties

schedule 30 January 2025
Opr./edited by ANZ

Patron Capital and its partner Inbright have acquired two new properties as part of their light industrial programme, which is aiming to create a EUR 250 mln portfolio of sustainably focused light industrial assets in key locations across Germany.

Events

World Two Polish projects in the final of the MIPIM Awards

schedule 29 January 2025
Opr./edited by ANZ

Two projects by the Echo-Archicom Group have made it to the final of the MIPIM Awards. Łódź's Fuzja and Warsaw's Towarowa22 are the only Polish investments nominated in this year's edition.

Latest in Infrastructure

schedule 19 November 2024

Grand station in little Brzeziny

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.

schedule 27 September 2024

Ghelamco gets go-ahead for Gdańska

Ghelamco has renewed its partnership with Polish railway operator PKP SA and its real estate division Xcity Investment related to the redevelopment of the Warszawa Gdańska train station in Warsaw.

schedule 06 September 2024

Beyond.pl expands its colocation project for AI

Beyond.pl, a data centre, cloud, and managed services provider and owner of data centres in Poland, is expanding its colocation project for AI, machine learning, and high-performance computing solutions launched in January this year. The company announced that it is working to increase the target capacity of its campus in Poznań by almost 2 times.

schedule 29 November 2023

PLN 1.5 bln for the airport

The investment programme until 2030 worth more than PLN 1.5 bln has been approved for Katowice's Wojciech Korfanty Airport. The programme will include more than 20 projects, with the construction of a passenger terminal, a cargo terminal, a technical hangar, as well as taking into account changes to the airport's transport system.

schedule 13 April 2023

Powerful photovoltaic farm in Przykona

Electrum is building a 200 MW solar farm for EDP Renewables. The project will be built on 245 hectares in the Przykona municipality in the Greater Poland voivodeship. The investment is being carried out in record time of less than a year. The engineering work is scheduled to be completed in autumn 2023.

schedule 04 January 2023

Green light for Mostostal Warszawa to build S7 section

Mazowiecki province has issued a ZRID permit for Mostostal Warszawa to construct a 12 km section of the S7 expressway between Załuski and Modlin, north of Warsaw.

schedule 26 August 2022

Hupac Terminal Brwinów rolls into view

Swiss railway terminal operator Hupac has completed the development of a railway terminal in Brwinów, about 30 km west of Warsaw city centre.

schedule 19 May 2022

Plac Trzech Krzyży to be modernised

A tender has been announced to reconstruct pl. Trzech Krzyży in Warsaw.

schedule 07 April 2022

Work to start on S19 tunnel from early 2023

Mostostal Warszawa and Acciona Construcción are starting work on a 10 km section of the S19 from Rzeszów Południe to Babica.

schedule 10 March 2022

Mirbud and Kobylarnia to build S74

Development work on another section of the S74 expressway has begun with the signing of a PLN 557.7 mln contract to design and build the 16.4 km stretch of road between the Przełom/Mniów and Kielce Zachód junctions.

schedule 07 March 2022

Work soon to start on 2 km tunnel

A permit has been issued for the construction of the ZRID S19 expressway from Rzeszów to Babica.

schedule 03 March 2022

EIB finances construction of S3

The European Investment Bank has loaned Bank Gospodarstwa Krajowego EUR 250 mln for its Krajowy Fundusz Drogowy [National Road Fund] to build the S3 expressway from Świnoujście to Szczecin.

schedule 05 January 2022

Budimex delivers section of Via Baltica

A 20.17 km section of the S61 expressway has been opened between Wysokie and Raczki.

schedule 20 December 2021

Ursynów tunnel finally open

Permission has been granted to open the road tunnel that forms part of Warsaw’s southern bypass running underneath the city’s Ursynów district.

schedule 30 August 2021

Geosan completes Váhostav takeover

Czech construction group Geosan has finalised the 100 pct acquisition of Slovak construction firm Váhostav – SK.

schedule 27 August 2021

CTP to build Oradea airport terminal

Czech industrial developer CTP is to build a cargo terminal at the airport in Oradea in western Romania, after being selected to carry out the project in a tender held in August.

schedule 30 July 2021

Strabag and Hochtief win Prague metro contracts

Austrian construction firm Strabag, together with its consortium partners, has won two Prague metro contracts – the refurbishment of Jiřího z Poděbrad station and the construction of the first section of line D of the underground railway.

schedule 26 July 2021

Strabag awarded EUR 111 mln Oradea contract

Austrian construction firm Strabag has been awarded an EUR 111 mln contract to build a 19 km dual carriageway between Oradea and the A3 motorway.

schedule 22 July 2021

Warbud to build new Kostrzyn bridge

Warbud is to rebuild a road bridge over the river Warta in Kostrzyn nad Odrą, close to the Polish-German border.

schedule 20 July 2021

Skanska wins EUR 77 mln D55 contract

Skanska has been awarded a contract worth more than CZK 1.95 bln (app. EUR 77 mln) from the Czech highway authority to build a section of the D55 motorway in the area of Staré Město in Moravia.

Read flipbook version

Edition 1 (295) January 2025

Latest comments

Categories

Your order

Your data
Invoicing data
Order summary
Net order
VAT (%)
Gross order
Payment security is ensured

Don`t miss out the current edition