PL

Strabag to build Satu Mare bridge

Infrastructure
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.

The contract, worth RON 142 mln (app. EUR 30 mln), was signed in early April with city representatives of the municipality in compliance with the current hygiene regulations. Construction work is scheduled to start in May 2020.

“Despite the restrictions on public life currently in place in many of our European countries of operation, it is important not to lose sight of the long-term perspective and to continue to pursue important infrastructure projects such as this in Romania,” emphasises Thomas Birtel, the CEO of Strabag SE.

The bridge will connect the north and south of Satu Mare and is to relieve the volume of traffic on the existing Decebal Bridge. The contract also includes the construction of two viaducts and two adjacent roundabouts.

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Investment & finance

Germany ECE sells logistics centre in Hamburg-Billbrook

schedule 26 November 2024
Opr./edited by ANZ

The purchaser of the recently completed logistics property which was planned, developed and realised by ECE Work & Live is a German investor, represented by Savills Investment Management. 

Warehouse & industrial

Germany CTP signs deals totalling 30,000 sqm in Germany

schedule 26 November 2024
Opr./edited by ANZ

CTP has signed new leases with two logistics businesses on almost 30,000 sqm of space across CTPark Bremen and CTPark Oschersleben in Germany.

Warehouse & industrial

Poland P3 builds warehouse for ochama

schedule 26 November 2024
Opr./edited by ANZ

P3 Logistic Parks has started at P3 Poznań park the construction of a warehouse with a total area of nearly 27,000 sq m for ochama, a European omni-channel brand owned by Chinese retailer JD.com.

Investment & finance

Poland Ghelamco sells Warsaw Unit!

schedule 26 November 2024
Opr./edited by ANZ

Ghelamco has sold its flagship development in downtown Warsaw – the Warsaw Unit skyscraper at Rondo Daszyńskiego. It was acquired by the Swedish real estate company Eastnine AB listed on the Nasdaq Stockholm. This is the largest office market transaction that has been concluded in Europe this year.

Warehouse & industrial

Poland Leasing activity remains stable

schedule 25 November 2024
Opr./edited by ANZ

The Polish industrial and logistics market demonstrated resilience in the first three quarters of 2024. During this period, 2.1 mln sqm of new warehouse space was delivered, expanding the sector’s total stock to nearly 34 mln sqm (+9 pct Y/Y). 

Office & mixed-use development

Poland New centre of Gdynia

schedule 25 November 2024
Opr./edited by ANZ

Vastint has completed the II stage of the Gdynia Waterfront development. A modern multifunctional complex is being built in the heart of the city, next to Skwer Kościuszki. Ultimately, the scheme will offer 75,500 sqm of space.

Warehouse & industrial

Poland Poland secures a podium finish

schedule 25 November 2024
Opr./edited by JC

According to Cushman & Wakefield, Poland recorded the second-highest industrial take-up in Europe between January and September 2024. Looking ahead, robust demand, coupled with a decline in speculative construction, is likely to tighten the availability of warehouse space for lease.

Warehouse & industrial

Czech Republic New logistics hub near Prague

schedule 22 November 2024
Opr./edited by JC

7R and EQT Exeter will jointly develop a modern logistics park near Prague. The 56,000 sqm investment will consist of two buildings located along the D8 highway, which serves the Greater Prague area.

Retail & leisure

Poland One in seven square metres of retail space to be built in Poland

schedule 21 November 2024
Opr./edited by ANZ

According to Trends Radar. Real Estate: From Stabilisation To Optimism, the latest report from Cushman & Wakefield, in 2024, Poland came second in Europe in terms of new retail supply, surpassed only by France. 

Office & mixed-use development

Poland MCP moves into Korona Office Complex

schedule 21 November 2024
Opr./edited by ANZ

The Małopolska Centre of Entrepreneurship will move into the GTC Newton building, which is part of the Korona Office Complex. The institution will occupy an area of over 3,000 sqm.

Retail & leisure

Poland Polish retail market performs well

schedule 21 November 2024
Opr./edited by ANZ

According to BNP Paribas Real Estate Poland latest report “At a Glance: Modern Retail Market in Poland, Q3 2024”, predictions of the imminent decline of shopping centres in Poland have proven premature. In Q3 2024, the Polish retail market expanded by another 116,000 sqm. 

Hotels

Serbia Luxury stay in Belgrade

schedule 20 November 2024
Opr./edited by ANZ

The St. Regis Belgrade hotel, the brand's first property in Serbia, has begun operating in Belgrade. It is located in the 42-storey high-rise Belgrade Tower (Kula Beograd), built at the meeting point of the Sava and Danube rivers.

Warehouse & industrial

Czech Republic Renegotiations account for nearly 40 pct of industrial leases

schedule 20 November 2024
Opr./edited by ANZ

According to Savills' analysis of the industrial real estate market in the Czech Republic, lease renegotiations, or the extension of older lease agreements in existing premises, have become a significant part of the warehouse and manufacturing real estate market. 

Investment & finance

Poland A EUR 75 mln loan for Panattoni Park Sulechów III

schedule 20 November 2024
Opr./edited by ANZ

Panattoni has secured a EUR 75 mln loan from Citibank (London Branch). The funds are intended to finance the Panattoni Park Sulechów III investment.

Infrastructure

Poland Grand station in little Brzeziny

schedule 19 November 2024
Opr./edited by ANZ

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.

Warehouse & industrial

Poland Lynka is staying with Panattoni

schedule 19 November 2024
Opr./edited by JC

Lynka, a European supplier of branded apparel, has extended its lease of 9,000 sqm of warehouse, manufacturing, office and social space in Panattoni Park Kraków IV.

Investment & finance

Czech Republic PRS fund makes big purchase

schedule 18 November 2024
Opr./edited by JC

Fond Českého Bydlení (the Czech Housing Fund) has successfully completed the acquisition of two apartment buildings located in Beroun and Chomutov. This transaction adds 313 fully rented apartments to the company's portfolio.

Eurobuild CEE

Poland Time for change

schedule 15 November 2024
Eurobuild CEE

As the media market in Poland evolves, we also need (and want to!) adapt to these changes and move with the times. Soon, access to our archive will be subject to a small payment.

Hotels

Hungary Puro has financing for an investment in Budapest

schedule 15 November 2024
Opr./edited by ANZ

Bank Gospodarstwa Krajowego has granted a loan of up to EUR 40 mln to the Hungarian company from the Puro Group. The financing will be used for the construction of a four-star premium hotel in the centre of Budapest. 

Public buildings

Poland Warsaw Uni building underway

schedule 15 November 2024
Opr./edited by ANZ

The University of Warsaw has signed a contract with the general contractor for a project at ul. Bednarska 2/4. The new building will house the faculties of Journalism, Information and Bibliology and Economic Sciences, as well as the Academic Campus Radio. Construction work will begin at the end of November. 

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.

Edition 11 (293) November 2024

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