Via Carpathia further down the road

Infrastructure
POLAND The Polish Ministry of Infrastructure has announced the start of the construction of more sections through Lubelskie and Podkarpackie provinces of the Via Carpathia route – the transnational highway scheme to connect Klaipėda in Lithuania with Thessaloniki in Greece.
Mota Engil Central Europe has been chosen as the contractor for the Janów Lubelski bypass and is now carrying out the earthwork. The PLN 148.5 mln contract, which should be completed in 2021, is for the construction of a dual carriageway expressway. For the next section, up to the Lasy Janowskie interchange, Strabag is now preparing the area after trees felling..Work is also in progress on the third section between the Kraśnik Południe interchange and the start of the Janów Lubelski bypass.
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Latest news

Office & mixed-use development

Hungary ARM chooses Millennium

schedule 13 February 2025
Opr./edited by JC

ARM Processors has chosen Millennium Gardens as its new office in Budapest. The company will occupy over 3,400 sqm of premium office space in the complex.

Office & mixed-use development

Romania Office market grows in Cluj-Napoca

schedule 13 February 2025
Opr./edited by JC

In 2024, nationwide, companies leased modern office space outside Bucharest with a total area of 63,024 sqm, including both new office space leases and contract renegotiations, according to an analysis conducted by Fortim Trusted Advisors.

Residential

Poland New PRS investment in Warsaw

schedule 12 February 2025
Opr./edited by JC

Matexi Polska has announced a new investment in Warsaw's PRS, aimed at meeting growing investor demand for bulk apartment purchases. The project will be located on Aleje Jerozolimskie.

Retail & leisure

Czech Republic Largest growth in the last 15 years 

schedule 12 February 2025
Opr./edited by ANZ

In 2024, nearly 80,000 sqm of new, modernized, or expanded retail parks were completed in the Czech Republic, now totaling 1.3 mln sqm of retail space – almost a third of the total retail space capacity on the market. 

Warehouse & industrial

Poland HD Cosmetics with a new headquarters in MLP Zgorzelec

schedule 12 February 2025
Opr./edited by ANZ

Distributor of clothing, cosmetics, and hygiene products has joined the tenants of the modern MLP Zgorzelec logistics centre. HD Cosmetics will occupy approx. 1,400 sqm of space.

Warehouse & industrial

Czech Republic A record 1.5 mln sqm of space under construction

schedule 12 February 2025
Opr./edited by ANZ

According to the Savills European Industrial and Logistics Occupier Markets report, the industrial real estate market is expected to experience a breakthrough year, potentially leading to a significant market recovery. 

Office & mixed-use development

Poland Stable demand and investment recovery

schedule 11 February 2025
Opr./edited by ANZ

Cushman & Wakefield has summarised the situation in Poland’s largest office markets at the end of 2024. Leasing activity in both Warsaw and regional cities remained at 2023’s levels, while development activity continued to stagnate. By contrast, the capital market experienced a rebound, with the office investment volume rising to EUR 1.64 bln and Warsaw recording a more than threefold increase.

Investment & finance

Ukraine Arcona  acquires a development site in Ukraine 

schedule 10 February 2025
Opr./edited by ANZ

Arcona Property Fund has completed the acquisition of a development site in the central Kyiv, the capital of Ukraine. The seller is AIM London-listed Secure Property Investment and Development PLC (SPDI). This is thought to be the first real estate acquisition by a Western private fund in Ukraine since the Russian invasion of 2022.

Exclusive
Investment & finance

Poland Nepi invests in leading properties

schedule 10 February 2025
Magda Rachwald

Last year, Nepi Rockastle bought Magnolia Park in Wrocław and Silesia City Center in Katowice, properties with a total area of almost 190,000 sqm. We talk to Tomasz Górski, regional asset manager at Nepi Rockastle, about the transactions worth a total of almost EUR 780 mln as well as Nepi's strategy.

Office & mixed-use development

Poland From coworking to its own office

schedule 10 February 2025
Opr./edited by ANZ

The company, which specialises in IT, finance and legal advice, has moved from the The Shire co-working space in the Warsaw Spire office building to an office in The Warsaw Hub. The tenant occupies approx. 900 sqm.

Construction

Poland 2025 looks optimistic for the construction companies

schedule 10 February 2025
Opr./edited by ANZ

According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction groups in 2023 amounted to PLN 152 bln, which accounted for more than 60 pct of the revenues of the entire sector of medium and large construction companies. 

Investment & finance

Europe Billions for data centres

schedule 07 February 2025
Opr./edited by ANZ

Data4 is raising EUR 3.3 bln in funding for the further development of the company across Europe, including the advancement of projects in Poland.

Investment & finance

Romania Lions’ Head acquires a 15-ha plot near Bucharest

schedule 07 February 2025
Opr./edited by ANZ

Lion’s Head, a real estate investment fund currently owning assets in Romania and Bulgaria, has acquired a 15-ha plot in Popesti Leordeni. The transaction marks the expansion of Lion's Head in the Romanian industrial market, as well as its debut in the real estate development segment.

Investment & finance

Bułgaria Revetas sells shopping centre in Sofia

schedule 07 February 2025
Opr./edited by ANZ

Revetas Group has sold the Park Center Sofia shopping complex to TSH Investment, a joint venture between Trinity Capital and Hus Invest. The terms of the deal have not been disclosed.

Office & mixed-use development

Poland New projects limited to prime locations

schedule 06 February 2025
Opr./edited by ANZ

According to Cushman & Wakefield, around 105,000 sqm came on stream in Warsaw in 2024 across nine new projects, bringing total stock to 6.3 mln sqm at the end of last December.

Office & mixed-use development

Poland Da Grasso chooses Green Horizon for its new head office

schedule 06 February 2025
Opr./edited by ANZ

Da Grasso, a franchise pizza restaurant chain in Poland, is relocating its head office to Green Horizon building in Łódź. The company has taken nearly 1,200 sqm of space designed to accommodate the needs of the rapidly growing organization. 

Office & mixed-use development

Czech Republic Brno Jedna set to launch

schedule 06 February 2025
Opr./edited by JC

PSN is set to begin transforming the brownfield site Brno Jedna on Plynárenská Street. In the coming years, it will become an urban district combining housing, work, and leisure.

Office & mixed-use development

Poland VSoft stays in B4B

schedule 06 February 2025
Opr./edited by ANZ

VSoft has extended its lease agreement in Bonarka for Business office complex. The company leases a total of 1,777 sqm of office space in Building E. They have been a tenant in B4B for almost 10 years. 

ESG

Poland Syrena switches to green energy

schedule 06 February 2025
Opr./edited by ANZ

Syrena Real Estate has signed a cPPA with Polenergia Sprzedaż. The four-year contract covers the supply of green energy from the FW Dębsk and FF Strzelino wind farms owned by the Polenergia Group and energy balancing services.

Warehouse & industrial

Germany Garbe leases 55,000 sqm 

schedule 06 February 2025
Opr./edited by ANZ

Garbe has concluded a rental agreement in the north Hessian town of Ludwigsau (Hersfeld-Rotenburg district, Germany). A manufacturer of outdoor equipment will be moving into a site covering a total of around 55,000 sqm.

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.

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Edition 1 (295) January 2025

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