PL

Budimex bids PLN 2 bln for Warszawa Zachodnia

Construction
POLAND Budimex has scored the most points for its bid to reconstruct Warszawa Zachodnia station.

Budimex has not yet been awarded the contract, for which it has bid around PLN 1.9 bln. The contractor will have 1,101 days to complete the work. The project is part of the Operational Programme Infrastructure and Environment, which also includes work on the cross-city line in Warsaw from Warszawa Wschodnia [Warsaw West] to Warszawa Zachodnia [Warsaw East] and a tram line to the Wilanów district.

Latest news

Eurobuild Awards

POLAND Calling all entries!

schedule 30 September 2020
Eurobuild Conferences

Have you been anxiously waiting for this? Because we have! The nomination process for the 11th Eurobuild Awards is now underway! As usual, the winners will be announced at the Eurobuild Gala in December!

Events

Poland Looking back and forward together

schedule 29 September 2020

Have you been missing all your friends in the sector? Or maybe you’ve actually become fond of meeting them in the virtual world? Either way, you can do both by taking part in the 26th Annual Commercial Property Market Convention in Poland on November 25th!

Warehouse & industrial

Poland Panattoni buys land in Janki

schedule 19 October 2020
Opr./edited by AH

Panattoni has purchased a further 3.14 ha in Janki just outside Warsaw next to the S8, which runs between Wrocław and Białystok.

Warehouse & industrial

EUROPE Warehouse demand from manufacturing doubles in eight years

schedule 16 October 2020
Opr./edited by NN

Europe is to see an additional 11.6 mln sqm of warehouse demand due to the manufacturing sector by the end of 2022, according to Savills, based on Capital Economics’ forecasts.

Retail & leisure

POLAND Poles embracing convenience

schedule 16 October 2020
Opr./edited by NN

The volume of internet sales in Poland has now almost returned to pre-pandemic levels, while at the same time Polish consumers have become more willing to shop in convenience centres in smaller retail formats, according to JLL.

Office & mixed-use development

POLAND Tenants happy in Prosta Office Centre

schedule 16 October 2020
Opr./edited by NN

Renegotiations have been successfully signed with a number of tenants covering a combined 2,013 sqm of office and retail space in Prosta Office Centre in Warsaw.

Eurobuild Awards

POLAND Stellar space

schedule 16 October 2020
Eurobuild Conferences

Have you developed a commercial building in the last twelve months? Then allow it to be judged by top market experts in the competition for Building of the Year in one of six categories for four real estate sectors!

Office & mixed-use development

Hungary Demand down 59 pct for Budapest offices

schedule 16 October 2020

According to the Budapest Research Forum, in the third quarter of 2020, 59,785 sqm of new office space was delivered to the Budapest office market in four projects.

Retail & leisure

Poland Convenience centres continue to grow

schedule 16 October 2020
Opr./edited by AH

The retail park segment in Poland has continued to grow despite the Covid-19 pandemic, according to the latest findings published jointly by JLL and Trei.

Investment & finance

WORLD PineBridge poised to take over Benson Elliot

schedule 16 October 2020
Nathan North
deputy editor

Global asset manager PineBridge Investments is about to acquire UK-based private equity real estate fund Benson Elliot Capital Management.

Office & mixed-use development

Poland BNI moves to WTT

schedule 15 October 2020
Opr./edited by AH

BNI Polska is moving out of Spektrum Tower to the Warsaw Trade Tower where it has leased almost 1,000 sqm.

Residential

Poland Yareal looks on the positives

schedule 15 October 2020
Opr./edited by AH

Yareal is starting construction of the second stage of its Pozytywny Mokotów development in Warsaw.

Office & mixed-use development

ROMANIA MassMutual leases 1,300 sqm in Orhideea Towers

schedule 15 October 2020
Opr./edited by NN

American insurance company MassMutual has leased 1,300 sqm for its global business centre in Orhideea Towers in Bucharest.

Office & mixed-use development

EMEA REGION EMEA flexes its office muscles

schedule 15 October 2020
Opr./edited by NN

EMEA markets with low levels of existing flexible workspace saw the greatest growth in flex office operations over H1 2020, according to research by Colliers International.

Investment & finance

SLOVAKIA EUR 105 mln loan for Eurovea extension

schedule 15 October 2020
Nathan North
deputy editor

J&T Real Estate has obtained a EUR 105 mln syndicated loan from VÚB banka and UniCredit Bank for the construction of the residential section of the extension to its large-scale Eurovea mixed-use development in Bratislava.

Office & mixed-use development

HUNGARY BT bets on Budapest One

schedule 15 October 2020
Nathan North
deputy editor

British Telecom is to move its regional business services centre to the Budapest One office park, which is being developed by Futureal.

Warehouse & industrial

POLAND Savills comes to Katowice

schedule 14 October 2020
Opr./edited by NN

Commercial real estate advisory Savills has opened an office in Katowice. Its new regional office will serve clients looking for modern office and industrial space in Silesia and also be used for providing services to landlords.

Warehouse & industrial

POLAND Panattoni to build hi-tech plant for Danfoss in Grodzisk

schedule 14 October 2020
Opr./edited by NN

Panattoni has started construction work on a factory for the Polish subsidiary of Danfoss in Grodzisk Mazowiecki, about 40 km west of Warsaw. The 12,950 sqm building will be equipped with several environmentally friendly systems to make it highly energy-efficient and also provide improved conditions for the workforce of around 400 people.

Eurobuild Awards

POLAND The selection process for the Developers of the Year is underway!

schedule 14 October 2020
Eurobuild Conferences

As usual, this year Eurobuild will be honouring the best developers who are active in Poland and the Central and Eastern European region. We’re looking for the real stars of the sector!

Events

EUROPE Expo Real cancelled

schedule 13 October 2020
Nathan North
deputy editor

The Expo Real Hybrid Summit in Munich that was to have taken place on October 14th and 15th has been cancelled just two days before the real estate fair, due to the worsening Covid-19 situation in the city.

Latest in Construction

schedule 08 October 2020

Eurovia and Strabag awarded D55 construction project

A consortium of Eurovia CS and Strabag has been awarded a contract to build an 8.4 km section of the D55 motorway from Babice to Staré Město in the Zlín region.

schedule 05 October 2020

Norblin topped off

The Norblin Factory complex on ul. Żelazna in Warsaw has been topped off. Warbud is the general contractor of the eight-storey, 44m building, while Capital Park Group is the developer.

schedule 02 October 2020

Construction market in Poland to shrink 3-5 pct in 2020

The Polish economy has already passed the low point of the short-term economic downturn.

schedule 30 September 2020

Erbud builds for Saller

Erbud has been appointed as the general contractor of a retail centre, which the Saller Group is developing in the village of Lipnik just east of Szczecin.

schedule 10 September 2020

Work begins on Dęblin Patriot missile plant

The Polish Military Aviation Works (WZL1) in partnership with Lockheed Martin has begun construction work on a 3,000 sqm production plant in Dęblin in Poland’s Lublin province.

schedule 31 August 2020

Hochtief to modernise Wrocław nursing home

Hochtief Polska has been awarded a contract by Orpea to renovate and extend the Rezydencja Święta Jadwiga nursing home in Wroclaw.

schedule 21 July 2020

EU construction up by 21.2 pct in May

EU construction output rebounded in May, up by 21.2 pct on the previous month, following a record fall in April, when output plummeted by 14.9 pct, according to data and analytics specialists GlobalData.

schedule 14 July 2020

Only four mega-projects out of 25 underway - Spectis

Four mega-projects are currently under construction in Poland with a combined value of PLN 17 bln (EUR 3.8 bln), according to research by construction market analysts Spectis.

schedule 08 July 2020

Construction mood starts to recover – GlobalData

The European construction industry expected to recover in second half of 2020, according to data and analytics specialists GlobalData.

schedule 24 June 2020

Polish construction still on its way up

The total value of the 960 largest construction projects currently underway or planned in Poland is estimated at over EUR 120 bln, according to the ‘Construction Market in Poland 2020–2025’ report just published by construction market analysts Spectis.

schedule 06 May 2020

Generation Park Y reaches highest point

POLAND Construction work has been completed on the structure of Generation Park Y in Warsaw, which forms part of Skanska’s Generation Park complex in the city’s Wola-Centrum district.

schedule 06 April 2020

Constructors gloomiest for the last three years

POLAND Construction sector confidence levels fell for the twelfth consecutive month in March, according to the latest report by Spectis.

schedule 24 March 2020

Budimex bids PLN 2 bln for Warszawa Zachodnia

POLAND Budimex has scored the most points for its bid to reconstruct Warszawa Zachodnia station.

schedule 23 March 2020

Moscow to build hospital in couple of weeks

RUSSIA Construction work on a hospital for infectious diseases has started in New Moscow.

schedule 23 March 2020

Mirbud to build near Ełk Karuzela

POLAND Mirbud has received a letter of intent from Immo SI Polska (owned by Schiever International) to construct a Bi1 hypermarket and a petrol station for the the Karuzela project on ul. Przemysłowa in Ełk (around 100 km north of Białystok).

schedule 19 March 2020

Nova Stoczniova topped off

POLAND The Nova Stoczniova estate in Wrocław’s Zakrzów district has reached its top construction height.

schedule 17 March 2020

Mirbud to build Radom Terminal

POLAND Mirbud has signed a PLN 280.5 mln contract with Poland’s airport authority Przedsiębiorstwo Państwowe Porty Lotnicze (PPL) to design and build a 30,000 sqm terminal at Radom Airport.

schedule 05 March 2020

Budimex sees results improve

POLAND Budimex has recorded sales of PLN 7.57 bln for 2019.

schedule 02 March 2020

Dekpol to build for Panattoni

POLAND Dekpol will build a warehouse and distribution centre for Panattoni Development Europe in the village of Jawczyce on the western outskirts of Warsaw.

schedule 26 February 2020

Nursery school from building blocks

POLAND The first nursery assembled from modular units has been erected on ul. Jugosłowiańska in Łódź.

Categories