PL

Poland Ursynów tunnel finally open

Infrastructure
Permission has been granted to open the road tunnel that forms part of Warsaw’s southern bypass running underneath the city’s Ursynów district.

The tunnel is the longest in Poland and was constructed at a cost of PLN 1.66 bln of which the construction costs alone totalled PLN 1.2 bln. A 5 km section of the S2 road has thus been opened running between the Puławska and the Przyczółkowa junctions. The structure comprises two sections for traffic running in opposite directions each of which has a length of 2,335m. Each carriageway comprises three lanes with a hard shoulder. The tunnel was built with EU subsidies, which in total come to PLN 2 bln for 18.6 km of road.

Latest news

Office & mixed-use development

POLAND Franke goes to Myhive

schedule 09 August 2022
Opr./edited by NN

Swiss kitchen fitting and design conglomerate Franke Group is to move its European shared services centre to the Myhive Nimbus office building in Warsaw, where it has leased 1,500 sqm.

Material partner

Poland New ESG Report – Atrium

schedule 02 August 2022
Eurobuild CEE

Atrium European Real Estate has published its 6th ESG report summarising the company's achievements in 2021. The report details the key initiatives involved in the implementation of the its ESG strategy. The company has set new and even more ambitious medium-term targets for 2030, which include a 40 pct reduction in the carbon footprint of its shopping centres by 2030, compared to 2019 levels. By 2050, Atrium wants to have become a carbon-neutral organisation.

Office & mixed-use development

POLAND Newmark moves to Centrum Marszałkowska

schedule 09 August 2022
Opr./edited by NN

Commercial real estate advisory Newmark Polska has relocated its Warsaw headquarters to Centrum Marszałkowska in the centre of the city.

Investment & finance

ROMANIA Hili handover for Miro

schedule 09 August 2022
Nathan North
deputy editor

Hili Properties has acquired, for around EUR 50 mln, a 75 pct stake in Băneasa Real Estate SRL, the special purpose vehicle that owns the Miro office building in Bucharest.

Events

POLAND The tournament where everyone was a winner

schedule 09 August 2022
Eurobuild CEE

JLL’s 11th Real Estate Charity Beach Volleyball Tournament brought together 54 teams and around 2,500 guests, while more than PLN 750,000 was raised in the charity auction for the Polish Humanitarian Action and Women's Rights Centre Foundation.

Office & mixed-use development

POLAND Warsaw office vacancy continues to slide – C&W

schedule 08 August 2022
Opr./edited by NN

Warsaw’s total office stock reached app. 6.27 mln sqm at the end of H1 2022, with occupier activity accelerating while vacancy continued its downward trend – according to Cushman & Wakefield.

Investment & finance

ROMANIA One United raises EUR 51.5 mln on BVB

schedule 08 August 2022
Opr./edited by NN

Romanian developer One United Properties has raised EUR 51.5 mln in what the company claims is the largest ever capital increase from a share issue of a company listed on the Bucharest Stock Exchange (BVB).

Investment & finance

ROMANIA CA Immo begins Romanian sell-off

schedule 08 August 2022
Nathan North
deputy editor

Austrian real estate investor CA Immo has officially announced that it is selling its office portfolio in Romania.

Office & mixed-use development

POLAND Kraków tops provincial office leasing league

schedule 05 August 2022
Opr./edited by NN

The leasing activity in the Kraków office market reached 109,000 sqm In H2 2022 – more than any other Polish regional city, equivalent to 70 pct of 2021’s total and representing a 44 pct y-o-y increase, according to Savills.

Investment & finance

POLAND Pbb loans EUR 120 mln to EQT in Poland

schedule 05 August 2022
Opr./edited by NN

Pbb Deutsche Pfandbriefbank has provided a EUR 120 mln refinancing loan to EQT Exeter for its Polish logistics portfolio.

Investment & finance

CEE REGION CEE investment up 33 pct in H2 – C&W

schedule 05 August 2022
Opr./edited by NN

In H1 2022, the total CEE commercial real estate investment volume reached EUR 5.5 bln – an increase of 32.8 pct y-o-y, according to Cushman & Wakefield.

Warehouse & industrial

ROMANIA DPD continues growth in VGP Arad

schedule 05 August 2022
Opr./edited by NN

French courier firm DPD has leased 3,500 sqm of warehouse space in VGP Park Arad in Transylvania.

Warehouse & industrial

POLAND Cinno fills BIK Wroclaw II

schedule 04 August 2022
Opr./edited by NN

Cinno Poland has leased 5,260 sqm in BIK Wroclaw II – the last of the remaining space in the park, which is now close to completion.

Warehouse & industrial

POLAND Panattoni almost triples hygiene plant

schedule 04 August 2022
Opr./edited by NN

Panattoni has completed the 43,000 sqm expansion of a plant in the Łódź region for a European hygiene products manufacturer, bringing the total area up to 70,000 sqm.

Office & mixed-use development

POLAND Euro-net takes in more in The Park

schedule 04 August 2022
Opr./edited by NN

Euro-net, the owner of the RTV Euro AGD electronic goods store network, is to move its headquarters into ninth building of The Park Warsaw in mid-2023, occupying 80 pct of its total area.

Investment & finance

POLAND Macquarie AM acquires 7R complex and loan

schedule 04 August 2022
Nathan North
deputy editor

Macquarie Asset Management has acquired 7R City Flex Warsaw Airport I for around EUR 29 mln. The warehousing and logistics complex includes three buildings comprising 15,900 sqm and is fully leased.

Eurobuild Awards

Poland Shh, the jury is in session!

schedule 04 August 2022
Eurobuild CEE

On August 1st this year, the nominations for the Eurobuild Awards 2022 were announced. Due to the recent pandemic, this year’s competition recognises achievements over a longer period than the usual twelve months. This time, companies, projects and individuals are to be judged for their achievements over the last 20 months.

Warehouse & industrial

POLAND P3 buys fourth plot in southern Poland

schedule 03 August 2022
Opr./edited by NN

Prague-based P3 Logistic Parks has purchased a plot of more than 22 ha in Dębieńsko in Silesia, about 35 km southwest of Katowice, for the development of almost 110,000 sqm of warehousing.

Investment & finance

POLAND REICO buys battery plant in Gniezno

schedule 03 August 2022
Opr./edited by NN

REICO ČS Long Lease, managed by Czech real estate investment group REICO IS ČS, has acquired the APS consumer battery manufacturing centre in Gniezno in a sale-leaseback deal for app. CZK 511 mln (PLN 97.4 mln or EUR 20.4 mln).

Property and Facility Management

POLAND Savills to manage Widok Towers

schedule 03 August 2022
Opr./edited by NN

Savills has been appointed as property manager for Widok Towers in Warsaw city centre.

Latest in Infrastructure

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.

schedule 24 June 2021

Mostostal Warszawa 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.

Categories