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CZECH REPUBLIC Strabag and Hochtief win Prague metro contracts

Infrastructure
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.

In a EUR 50 mln contract, Strabag (with a 65 pct share) and AŽD Praha will modernise Jiřího z Poděbrad station in Vinohrady (Prague 3). The project will involve the replacement of Soviet-era ‘Leningrad’ escalators with Schindler escalators. Access to the platforms will also be made barrier-free with two pairs of lifts.

For me, Prague is one of the most exciting cities in Europe. The Smíchov City urban development project that we are currently working on as well as the latest investments in the city’s public transportation infrastructure clearly demonstrate the upward trend of the Czech capital.
Thomas Birtel, the CEO of Strabag SE

Strabag and its subsidiary Ed. Züblin along with Subterra and two Hochtief subsidiaries will start work on the first section of line D at the end of 2021. This will involve the construction of the Pankrác and Olbrachtova stations (both 33m deep) as well as a 1.2 km long tunnel between them. Strabag has already been involved in the preliminary geological explorations. The tunnel will be built using the ‘New Austrian Tunnelling Method’. This contract is worth EUR 540 mln, of which Hochtief is to receive EUR 138 mln.

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schedule 30 November 2022
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schedule 30 November 2022
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schedule 30 November 2022
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schedule 30 November 2022
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schedule 29 November 2022
Opr./edited by JC

Panattoni takes on another development for ESA Logistika in the Radzymin area. The operator is to take up 30,000 sqm from the beginning of 2023.

Property and Facility Management

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schedule 29 November 2022
Opr./edited by ANZ

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Office & mixed-use development

Poland My Place for a drink?

schedule 29 November 2022
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Polish alcoholic drinks distributor United Beverages is to relocate its Warsaw office to Moje Miejsce (My Place) in the city's Dolny Mokotów district, where from mid-2023 it will occupy almost 2,700 sqm.

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schedule 29 November 2022
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schedule 29 November 2022
Opr./edited by ANZ

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schedule 29 November 2022
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schedule 28 November 2022
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POLAND Flex fills out Panattoni Elbląg

schedule 28 November 2022
Opr./edited by NN

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schedule 28 November 2022
Opr./edited by ANZ

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schedule 28 November 2022
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schedule 25 November 2022
Opr./edited by ANZ

Garbe Industrial Real Estate is continuing to expand its portfolio of logistics centres in the Hamburg metropolitan region. The developer has purchased 33,000 sqm of land in Lüneburg, and plans to invest EUR 33 mln in the project.

Retail & leisure

Italy Forum Palermo rejuvenated

schedule 25 November 2022
Opr./edited by ANZ

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Romania Sinsay expands in Romania

schedule 25 November 2022
Opr./edited by ANZ

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Office & mixed-use development

POLAND Wunderman flies into Nowy Rynek

schedule 24 November 2022
Opr./edited by NN

Wunderman Thompson Technology has leased app. 2,000 sqm in building E of the Nowy Rynek office building developed in Poznań by Skanska.

Hotels

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schedule 24 November 2022
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Forty Management has announced that it is soon to begin work on its Central District Lagoon City hotel and mixed-use complex in Bucharest, while the launches of similar projects are pending in Prague and Budapest and that it is seeking a site for one in Warsaw.

Warehouse & industrial

CZECH REPUBLIC Panattoni fills Teplice South park

schedule 24 November 2022
Opr./edited by NN

The last remaining space in Panattoni Park Teplice South in the Czech Republic’s northern Ústí nad Labem Region has been taken up by Maersk, Raben and Exyte Technology – more than 23,000 sqm.

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