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CZECH REPUBLIC Electrifying news for Skanska

Infrastructure
Skanska and Elzel have been awarded a contract by Správa železnic (the Czech Railway Administrator) to upgrade a 7.4 km stretch of railway in Pardubice, around 100 km east of Prague.

Skanska’s part of the contract is worth CZK 1.6 bln (EUR 62 mln), which will be included in its order bookings for Europe for Q2 2021. The company will be responsible for an extensive upgrade of the infrastructure, pre-electrification adjustments to make the track faster and able to bear greater loads, and for doubling the whole track. It will also build a train staion at Pardubice-Rosice, a pedestrian underpass, several level crossings and a bridge.

Skanska’s partner for the project, rail electrification company Elektrizace železnic Praha (Elzel), will carry out the electrification work.

Construction work will start this month and is expected to be completed in December 2023.

Latest news

Investment & finance

CEE REGION EBRD sells Globalworth stake to CPI and Aroundtown

schedule 27 July 2021
Nathan North
deputy editor

The European Bank for Reconstruction and Development (EBRD) has agreed to sell its entire 5 pct stake in Globalworth Real Estate Investments to Zakiono Enterprises, which is owned by CPI Property Group and Aroundtown – a consortium that is currently engaged in a takeover bid for the Romanian-based company.

Warehouse & industrial

POLAND Hart Logistics leases 10,000 sqm in MLP Poznań West

schedule 27 July 2021
Opr./edited by NN

Polish warehouse property developer MLP Group is to build a 10,000 sqm facility for Hart Logistics in MLP Poznań West.

Office & mixed-use development

ROMANIA EUR 78 mln loan for One Cotroceni Park

schedule 27 July 2021
Nathan North
deputy editor

One United Properties has been loaned EUR 78 mln from a consortium of banks for its One Cotroceni Park office complex in Bucharest.

Warehouse & industrial

POLAND White Star Logistics launches first two projects

schedule 27 July 2021
Nathan North
deputy editor

White Star Logistics, a new joint venture between White Star Real Estate and fellow US investor Bain Capital Credit, is to develop its first two logistics centres – in Nowy Konik and Raszyn, on Warsaw’s eastern and southwestern outskirts, respectively.

Warehouse & industrial

HUNGARY Knapp buys former lawnmower plant

schedule 26 July 2021
Opr./edited by NN

Austrian automation company Knapp has bought a 30,000 sqm industrial plant near Veszprém from lawnmower producer MTD Hungary for an undisclosed sum.

Infrastructure

ROMANIA Strabag awarded EUR 111 mln Oradea contract

schedule 26 July 2021
Opr./edited by NN

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.

Warehouse & industrial

POLAND Tenth building with new tenants for 7R Park Kraków

schedule 26 July 2021
Nathan North
deputy editor

Polish industrial developer 7R has brought into use the tenth warehouse building in 7R Park Kraków in Kokotów on the south-eastern outskirts of the city.

Office & mixed-use development

POLAND Koneser up for sale

schedule 26 July 2021
Nathan North
deputy editor

BBI Development and Liebrecht & Wood have started the process for selling their city-forming Centrum Praskie Koneser redevelopment project in Warsaw’s Praga district.

Office & mixed-use development

POLAND Colliers chosen for University Business Park

schedule 23 July 2021
Opr./edited by NN

Colliers has been chosen to be the exclusive commercialisation agent for University Business Park in Łódź, which is owned by Globe Trade Centre.

Architecture and urban planning

CZECH REPUBLIC Dutch duo wins Brno station design competition

schedule 23 July 2021
Nathan North
deputy editor

Dutch studios Benthem Crouwel Architekten and West 8 have won the competition to design a new central railway station for Brno, in what was the largest architectural competition in the history of the Czech Republic.

Green projects

ROMANIA NEPI obtains EUR 73 mln green loan

schedule 23 July 2021
Opr./edited by NN

The International Finance Corporation (IFC) has provided a provides a EUR 73 mln green loan to NE Property BV, a wholly-owned subsidiary of NEPI Rockcastle, for the development of sustainable real estate in Romania.

Office & mixed-use development

POLAND Warsaw office vacancy hits 12 pct

schedule 23 July 2021
Opr./edited by NN

At the end of Q2 2021, the total modern office stock in Warsaw amounted to almost 6.1 mln sqm, according to the latest figures from PINK (the Polish Chamber of Commercial Properties). The vacancy rate was up by 1.1 pp q-o-q and by 4.6 pp y-o-y to 12.5 pct.

Office & mixed-use development

POLAND Apple Museum at Norblin Factory

schedule 22 July 2021
Opr./edited by NN

A museum dedicated to Apple products is to open in the Norblin Factory complex in the autumn with 1,500 exhibits related to the development and evolution of the company’s technology.

Infrastructure

POLAND Warbud to build new Kostrzyn bridge

schedule 22 July 2021
Opr./edited by NN

Warbud is to rebuild a road bridge over the river Warta in Kostrzyn nad Odrą, close to the Polish-German border.

Retail & leisure

CZECH REPUBLIC Patria buys two retail parks

schedule 22 July 2021
Opr./edited by NN

Patria has bought two retail parks from Czech developer KPD – in Ovčáry just outside in Kolín in central Bohemia and in Mohelnice in the Olomouc district of Moravia.

Public buildings

POLAND Złota 44 sales hit record figures

schedule 22 July 2021
Opr./edited by NN

In Q2 2021, the value of the apartments sold in the exclusive Złota 44 residential tower in Warsaw was 28 pct higher than the previous highest figure recorded in Q4 2020.

Office & mixed-use development

POLAND City takes up 12,000 sqm in Widok Towers

schedule 21 July 2021
Nathan North
deputy editor

Warsaw city council has leased 12,000 sqm in the newly completed Widok Towers in the centre of the capital.

Office & mixed-use development

POLAND Axi Immo happy in Spektrum and Muchowiec

schedule 21 July 2021
Opr./edited by NN

Industrial and office agency Axi Immo has renewed the leases for its premises on the top floor of Spektrum Tower in Warsaw’s CBD as well as in Muchowiec Active Park in Katowice.

Office & mixed-use development

HUNGARY RTL to broadcast from Liget

schedule 21 July 2021
Opr./edited by NN

RTL Services, the business services company for Magyar RTL Televízió, has signed a long-term lease for space in the Liget Center and the Liget Auditórium office buildings in Budapest, which are owned by Wing.

Retail & leisure

ROMANIA Scallier buys Timişoara project for FunShop Park

schedule 21 July 2021
Opr./edited by NN

Polish developer Scallier has acquired a retail park development from Oasis Retail & Development Consulting in Timişoara for an undisclosed sum.

Latest in Infrastructure

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.

schedule 24 June 2021

Warszawa Mostostal to renovate Wrocław depot

Mostostal Warszawa has signed a contract worth nearly PLN 30 mln with PKP Intercity to renovate the train depot at the Wrocław Główny railway station.

schedule 11 May 2021

Footbridge tender announced

The city of Warsaw has just announced a tender for a footbridge across the Vistula river.

schedule 04 May 2021

Electrifying news for Skanska

Skanska and Elzel have been awarded a contract by Správa železnic (the Czech Railway Administrator) to upgrade a 7.4 km stretch of railway in Pardubice, around 100 km east of Prague.

schedule 28 April 2021

Skanska wins EUR 255 mln Slovak road contract

Skanska has been awarded a EUR 255 mln contract from the National Highway Authority of the Slovak Republic to build a roadin Višňové, northern Slovakia.

schedule 21 April 2021

Strabag to build more roads

Strabag has won a EUR 153 mln design-and-build contract by the General Directorate for National Roads and Motorways (GDDKiA).

schedule 07 April 2021

Work on Ursynów tunnel almost done

Construction work on Warsaw’s southern bypass is nearing completion.

schedule 11 January 2021

Strabag consortium wins EUR 246 mln M6 contract

A consortium led by the Hungarian subsidiary of Strabag has been awarded a HUF 90.45 bln (EUR 245.58 mln) contract to complete the M6 motorway to the Croatian border.

schedule 30 December 2020

Budimex rebuilds Gdynia rail

Budimex is building a railway junction at the Port of Gdynia.

schedule 29 December 2020

Bridges to be built along high speed rail track

Polish Railways [PKP PLK] has signed a contract to modernise 21 bridges, flyovers, and crossings along the Centralna Magistral Kolejowa line.

schedule 29 December 2020

A2 moves towards Belarus

Eight bids have been received in the open tender to build and design a 19 km stretch of the A2 motorway between the Siedlce Zachód junction and Malinowiec.

schedule 07 December 2020

Roads and tramlines for Zielone Arkady in Bydgoszcz

After a year of work a new junction is to open next to Zielone Arkady in Bydgoszcz.

schedule 02 November 2020

Strabag takes on railway renovation project

A consortium including Strabag is to upgrade a single-track railway line between Püspökladány and Biharkeresztes on the Romanian border.

schedule 10 September 2020

Four firms vie for Budapest Chain Bridge contract

Four applications have been made by companies to take on the project of renovating the Széchenyi Chain Bridge in central Budapest.

schedule 14 August 2020

Liszt Ferenc with new airport pier

Pier 1 at Budapest's Liszt Ferenc International Airport opened on August 12th.

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.

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