PL

Government invests another PLN 300 mln in Central Airport

Infrastructure
POLAND The government has invested PLN 300 mln in return for newly issued shares in Centralny Port Komunikacyjny [Central Communication Port], which is to develop the New Central Polish Airport near the Village of Stanisławów 40 km south east of Warsaw.

“The government sees the New Central Polish Airport not only as a strategic project for the development of Poland’s economy but also as a good investment,” says Mikołaj Wild, the undersecretary in theTreasury.

CPK applied for funding June 24th. The new shares cannot be sold.

CPK plans to update the studies required for the environmental, location and design decisions for the the high-speed lines between Warsaw the New Central Polish Airport, Łódź, Poznań and Wrocław, work which was suspended in 2011. The company is also looking for an international partner to help in the development of the hub.

CPK is to present its masterplan at the beginning of the year including a detailed plan of the infrastructure to be built and a detailed business plan. One of the big four consultancy firms has already reported that the airport passes the Private Investor Test and does not run afoul of EU law.

Latest news

Investment & finance

ROMANIA AFI and NEPI finally seal portfolio deal

schedule 06 August 2020
Nathan North
deputy editor

AFI Europe has concluded its on-off deal for the acquisition of a portfolio of four office projects in Romania from Nepi Rockcastle.

Investment & finance

POLAND Kajima and Savills IM buy Łódź park

schedule 06 August 2020
Opr./edited by NN

Kajima Properties Europe and Savills Investment Management have acquired Panattoni's interest in the 144,880 sqm Łódź City VI logistics park.

Investment & finance

POLAND CBRE GI buys near Bielsko-Biała again

schedule 06 August 2020
Opr./edited by NN

CBRE Global Investors, on behalf of its Logistics Venture Fund (LoVe), has acquired building C of 7R Park Beskid I, a newly developed 15,000 sqm logistics warehouse in Czechowice-Dziedzice in the southwestern Bielsko-Biała region of Poland from 7R.

Warehouse & industrial

POLAND Masks from Mińsk

schedule 06 August 2020
Opr./edited by NN

Surgical mask manufacturer TW Plast has leased 8,000 sqm in Panattoni Park Mińsk Mazowiecki.

Office & mixed-use development

POLAND Shared offices with added spice

schedule 06 August 2020
Opr./edited by NN

Chillispaces.com, a new brand of serviced offices, is being launched in Poland.

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.

Latest in Infrastructure

schedule 21 July 2020

Strabag wins EUR 202 mln railway job

Austrian construction firm Strabag and local consortium partner GP Group AD has been awarded a EUR 202 mln (BGN 395 mln) contract to modernise a stretch of the Elin Pelin–Kostenets railway line in western Bulgaria. Strabag holds a 51 pct share in the consortium.

schedule 20 July 2020

EU to kick-start recovery with EUR 2.2 bln for transport

The EU is to invest EUR 2.2 bln in key transport projects in all member states as part of its economic recovery plans.

schedule 13 July 2020

Skanska awarded CZK 1.5 bln Brno railway job

Skanska together with railway electrification Elektrizace železnic Praha (Elzel) has been awarded a contract with Správa železnic (SZDC) for the upgrade of an 8.5 km stretch of railtrack in Brno.

schedule 27 May 2020

EUR 30 mln Prague Airport job for Eurovia and Hochtief

CZECH REPUBLIC A consortium comprising Eurovia and Hochtief has been awarded a CZK 835 mln (app. EUR 30.826 mln) contract to expand the second terminal and construct a new runway parallel to it at Václav Havel – Ruzyně Airport in Prague.

schedule 11 May 2020

Italian job for Baltic pipeline

POLAND Italian drilling and engineering company Saipem has been awarded a EUR 280 mln contract by the Polish gas transmission operator Gaz-System for the transportation and installation of a natural gas pipeline between Denmark and Poland in the Baltic Sea. A permit for the work to take place in Swedish waters has also now been issued, allowing the project to go ahead.

schedule 21 April 2020

Strabag to build Satu Mare bridge

ROMANIA Austrian constructor Strabag has been commissioned to build a 640m cable-stayed bridge across the river Someș in the western Romanian city of Satu Mare.

schedule 20 April 2020

Skanska wins Karviná bypass contract

CZECH REPUBLIC Skanska has been awarded a CZK 900 mln [app. EUR 33 mln] contract by The Road and Motorway Directorate of the Czech Republic [ŘSD ČR] to construct a new bypass for Karviná, close to the Polish border in the Moravian-Silesian region of the country.

schedule 17 April 2020

Developer sought for Brno station

CZECH REPUBLIC Správa železnic, the Czech national railway infrastructure manager, is to redevelop the Brno-Královo Pole station.

schedule 17 April 2020

YIT gets stuck into Lithuanian infrastructure

LITHUANIA Finnish construction and development group YIT has been carrying out four road and street renovation contracts in Lithuania worth more than EUR 10 mln.

schedule 01 April 2020

Toruń closer to new bridge

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schedule 31 March 2020

M2 metro line succumbs to coronavirus

POLAND Trains now stop at a number of new metro stations in Warsaw including Płocka, Młynów and Księcia Janusza; however, these trains carry no passengers and at present it remains unclear when the Wola section of the M2 metro line is to be opened.

schedule 30 March 2020

Biggest bore in Łódź

POLAND The first few elements of a tunnel boring machine (TBM), including a shield with a diameter of 13m, have been delivered for the use in the tunnel project between the Łódź Fabryczna and Łódź Kaliska/Łódź Żabieniec stations.

schedule 27 March 2020

Warsaw challenges provincial governor

POLAND Council of Warsaw has appealed to the Administrative Court against the provincial governor’s decision to annul the landscape resolution that it had passed on January 16th.

schedule 18 March 2020

New Moscow has new schools

RUSSIA A total of 55 new schools and nursery schools have been built by private investors in the New Moscow district since 2012, when it was incorporated into the Russian capital.

schedule 17 February 2020

Budimex bridges Wisłoka

POLAND Budimex is completing work on its 2.5 km section of the DW936 provincial road, which will eventually make up part of the Mielec ring road (around 64 km north east of Rzeszów).

schedule 17 January 2020

EU supports ports and rail

POLAND Six infrastructure projects have been awarded European Union financing worth almost PLN 722 mln. The ports of Szczecin and Świnoujście will be extended and modernised, 22 railway platforms in three provinces will be adapted to the needs of the disabled and shipping facilities along the river Odra are to be improved.

schedule 07 January 2020

More P+R car parks near Warsaw

POLAND More than 350 car parking spaces and more than 240 for bicycles are to be provided in new Park-and-Ride car parks in Warsaw and on the outskirts of the city – in Piaseczno, Wołomin and Radzymin.

schedule 24 October 2019

More departures from Gdańsk

POLAND Gdańsk Lech Walesa Airport has appointed Korporacja Budowlana Doraco to extend passenger terminal T2 in a contract worth over PLN 255 mln net.

schedule 18 October 2019

Making tracks in Moscow

RUSSIA The length of all Moscow metro lines will exceed 570 km in 2024, and the number of stations will increase to 310.

schedule 03 October 2019

Two more stations on first Warsaw metro line in 2026

POLAND The order for the pre-design work and the building permit design for two new stations of the first Warsaw metro line – Plac Konstytucji and Muranów – will almost certainly be awarded to Metroprojekt.

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