PL

Stone laid for Horyzont Praga

Construction
POLAND Cordia Polska has laid the foundation stone for its Horyzont Praga residential project in Warsaw’s Praga district.

The work is scheduled for completion in Q3 2021. Two blocks will be built of 18 and 5 storeys and a total of 164 apartments.
Kalter is the general contractor while Latergrupa Architekci is responsible for the design.

Latest news

Warehouse & industrial

Poland Mercedes-Benz is growing in Jawor

schedule 13 December 2024
Opr./edited by ANZ

Mercedes-Benz will build an industrial park in Jawor. This is another investment of the company in the Wałbrzych Special Economic Zone ‘Invest-Park’.

Material partner

Poland Galant Ząbkowska Apartments with FusionLive

schedule 02 December 2024
Eurobuild CEE

Peninsula Property is an investor and development company that builds high-quality, thoughtfully designed apartment buildings, boutique residences and hotels to ensure the best possible experience for future residents and tenants. It stands out for its innovative designs and concepts in the Polish market.

Residential

Poland Robyg builds in Wrocław

schedule 13 December 2024
Opr./edited by ANZ

Nearly 1,500 flats in six stages will be built in Wrocław as part of the Apartamenty Krakowska project being developed by Robyg on land adjacent to the Haase brewery buildings.

Warehouse & industrial

Poland Gdynia City Logistics ready to go

schedule 13 December 2024
Opr./edited by ANZ

Gdynia City Logistics, an investment by Torus Logistics and BTV, has been granted an occupancy permit. The logistics and office centre offers approx. 21,700 sqm of warehouse space and 1,500 sqm of offices

Retail & leisure

Poland Empik revives the former Cepelia pavilion

schedule 13 December 2024
Opr./edited by ANZ

Empik has opened a flagship store in the revitalised former Cepelia pavilion in the centre of Warsaw. Neglected for years, the modernist building has regained its former glory and once again impresses with its original appearance and modern interior.

Office & mixed-use development

Poland The Form ready to welcome tenants

schedule 12 December 2024
Opr./edited by ANZ

The Form office building, an investment developed by Lincoln Property Company in Warsaw's Wola district, has obtained a permit for use. The building located at the intersection of ul. Pańska and ul. Miedziana, offers over 30,900 sqm of space on nine storeys, including over 28,300 sqm of office space and 2,600 sqm of service and retail space on the ground floor.

Investment & finance

Poland Summus has bought Lakeside

schedule 12 December 2024
Opr./edited by JC

Summus Capital has strengthened its presence in Poland with the acquisition of the Lakeside office building in Warsaw. The transaction, valued at EUR 61.9 mln, was conducted in collaboration with Atenor.

Retail & leisure

Poland Trei opens its 40th retail park

schedule 12 December 2024
Opr./edited by ANZ

Trei Real Estate Poland has opened its 40th Vendo Park. The investment was created in Wrocław and has 5,000 sqm. Vendo Park Wrocław is the first facility under this banner in the capital of Lower Silesia. The retail park was built on a plot of approx. 15,000 sqm.

Investment & finance

Poland Big sale in Wrocław

schedule 12 December 2024
Opr./edited by JC

Develia has concluded a final sales agreement for a real estate property in Wrocław with a subsidiary of AFI Europe, an international investor in office, retail, and residential projects. The transaction value amounts to PLN 50.5 mln.

Office & mixed-use development

Poland The Shire launches new project in Warsaw

schedule 12 December 2024
Opr./edited by ANZ

The Shire Beyond Coworking, an operator of flexible spaces, is launching a new project on the Warsaw office market. The luxurious tenement at ul. Poznańska 37, will house fully equipped, self-contained serviced modules.

Warehouse & industrial

Germany MLP invests in the Ruhr Area

schedule 12 December 2024
Opr./edited by ANZ

MLP Group will develop its third business centre in the Ruhr region in Castrop-Rauxel. The project, which is being built on a brownfield site, will provide approx. 57,000 sqm of space, which will be certified to a DGNB standard of at least Gold. 

Investment & finance

Poland Skanska sells P180 offices for €100m

schedule 12 December 2024
Opr./edited by ANZ

Skanska has sold its P180 office development in Warsaw's Mokotów district to Investika Real Estate Fund and its joint-venture partner, Bud Holdings, for around EUR 100 mln.

Investment & finance

Poland Big Poland acquires two retail properties

schedule 12 December 2024
Opr./edited by ANZ

Big Poland has bought two retail facilities Park Kujawia in Włocławek and Atut in Myszków. The combined value of both transactions exceeds EUR 56 mln. The Big brand already has seven retail parks in Poland: in Łubna near Warsaw, Lubin, Andrychów, Gorzów Wielkopolski and Ostróda. Together with three development projects in progress, Big Poland's portfolio now includes 10 locations.

Warehouse & industrial

Poland Barth Italiana enters Łódź

schedule 11 December 2024
Opr./edited by ANZ

Panattoni Park Łódź West III is gaining a new tenant from the 3PL sector. The Italian company Barth Italiana will occupy over 5,500 sqm of space in the complex.

Hotels

Poland Spark by Hilton debuts in Poland

schedule 11 December 2024
Opr./edited by ANZ

The Spark by Hilton brand is entering the Polish market with two new hotels. Spark by Hilton Pobierowo and Spark by Hilton Krynica Morska will open within the next six months.

Residential

Czech Republic European PBSA sector could grow by 70 pct over the next 5 years

schedule 11 December 2024
Opr./edited by ANZ

According to the 2024 European Purpose-Built Student Accommodation Investment Barometer, conducted by The Class Foundation and Savills, involving investors and operators with portfolios totalling over 132,000 beds across Europe, with an asset value of circa EUR 25.3 bln, respondents expect to increase the number of beds they have by 70 pct over the next 2-5 years. This would bring the total to over 220,000 beds, deploying a further EUR 22 bln of capital. 

Office & mixed-use development

Poland Not just offices in an office building

schedule 11 December 2024
Opr./edited by ANZ

The BursztyNova restaurant has opened on the ground floor of the boutique Saski Crescent office building, recently modernised and owned by CA Immo. The restaurant took up an area of over 400 sqm. 

Office & mixed-use development

Czech Republic New office construction accompanied by complications

schedule 11 December 2024
Opr./edited by ANZ

According to a survey by Colliers, only one new office building was completed in Prague in Q3 2024. Vacancies increased slightly year-on-year to 8.1 pct and rents in the city centre reached approx. EUR 29 per sqm per month. Efforts to upgrade some older properties continue, either on an ongoing basis or by temporarily taking them off the market.

Warehouse & industrial

Poland Panattoni Park Sochaczew has the first tenant

schedule 11 December 2024
Opr./edited by JC

Panattoni is to build a new industrial park in the Mazovia region. The development of Panattoni Park Sochaczew with an area of almost 28,000 sqm will commence in the Q1 of 2025 with the first tenant – Pilkington Automotive Poland – to move in by November.

ESG

Poland Excellent Point in Łubna

schedule 10 December 2024
Opr./edited by JC

Two buildings completed as part of the first phase of Good Point V, an investment by Real Management, have received the final BREEAM International New Construction V6 certificate at the Excellent level.

Latest in Construction

schedule 02 September 2024

Strabag to build The Arc

Strabag Romania has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new office property, The Arc. The investment will bring a ten-story, class A office building to the 6th District of Bucharest.

schedule 06 May 2024

Digitalisation to the rescue

In Berlin Hyp’s most recent Trendbarometer, more than 200 real estate professionals expressed their opinions on opportunities and risks in the real estate industry at the moment. In addition, the expert survey focused on the effects of megatrends such as demographic developments, digitalisation and urbanisation.

schedule 08 January 2024

There's hope in the modules

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

Polish construction company Erbud has signed a cooperation agreement with South Korean giant Daewoo Engineering & Construction to jointly implement projects in the energy and key industrial, infrastructural and military sectors across Poland.

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

Skanska has been commissioned to construct a new building for Polish video game developer CD Projekt on its main campus in Warsaw’s Praga Północ district.

schedule 02 March 2023

Training centre in Attendorn

Viega has launched an interactive training centre near its headquarters in Attendorn. Over five floors, Viega World occupies a total of 12,000 sqm of space.

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.

Edition 11 (293) November 2024

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