PL

Poland Plac Trzech Krzyży to be modernised

Infrastructure
A tender has been announced to reconstruct pl. Trzech Krzyży in Warsaw.

Already by the end of the year, a bicycle path is to be created across the square and more convenient pedestrian crossings with new traffic lights are to be added. Additionally, the roads are to be resurfaced. The planned renovations also include the nearby Rondo de Gaulle and part of ul. Nowy Świat. Currently, the cycle path that runs from Wilanów stops short just before the square at the exit of Al.Ujazdowskie, Ul. Sławka, Odyńca, Chodecka, Saska, Egipska and Czecha are all to be modernised. On the southern side, new traffic lighting is to be installed and a pedestrian island is to be created to improve the safety of the crossing. All the work had to be approved by the Mazowiecki Monument Conservation office, which insisted that the current view be preserved and that the square maintain its current layout. The tender is to be awarded on June 2nd and the chosen contractor will have 180 days to complete the work.

Latest news

Retail & leisure

Poland Glinianka is filling up

schedule 24 March 2023
Opr./edited by ANZ

Jysk, which took up around 1,300 sqm, and Piekarnia Cukiernia Grzybki bakery (around 170 sqm) are new tenants at the Glinianka retail park. The park is being built in the village of Łubna, near Warsaw, and will provide the Mazovian market with around 10,000 sqm of leasable space. 

Office & mixed-use development

Poland Intive flexible in Warsaw

schedule 24 March 2023
Opr./edited by ANZ

Intive global tech company has let 62 workstations in the flexible Myhive offices belonging to CPI Property Group.

Eurobuild FM

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schedule 23 March 2023
Eurobuild CEE

A huge bombshell for the finale of the Cannes podcast – as many as FIVE of the top experts in the last episode of the series! Some famous names and also some less well-known to us are now poised to enter the Polish market! And you can listen to them here!

Office & mixed-use development

Poland Vibe comes out of the ground

schedule 23 March 2023
Opr./edited by ANZ

The Vibe office building is climbing up. The underground structure of the edifice has been completed. Ghelamco's latest investment is expected to be ready in the first quarter of 2024.

Investment & finance

Czech Republic Strong CTP in the Czech Republic

schedule 23 March 2023
Opr./edited by ANZ

2022 was a successful year for the property developer CTP. The company, operating in 10 European countries, has successfully managed to deal with the impact of global events on the European market. In 2022, the portfolio area in the Czech Republic was expanded by 300,000 sqm, bringing the total area to 3.8 mln sqm. Rental income increased by 13 pct year-on-year to EUR 230.3 mln. At present, CTP is the largest player in the Czech industrial-logistics property market with a 28 pct share.

Investment & finance

Romania New hotel brand in Bucharest

schedule 23 March 2023
Opr./edited by ANZ

Lorand and Zsuzsanna Szarvadi, the owners of the Balvanyos Resort & Spa in Covasna, acquired the K+K Elisabeta hotel located in the Bucharest city centre, and they will relaunch it under the newly established Peakture hotel brand.

Residential

Poland PRS with ambitious plans

schedule 23 March 2023
Opr./edited by JC

According to the latest Avison Young report, at the end of 2022, there were over 9.4 thousand units in the pool of apartments for institutional rent in Poland, and another 13 thousand flats were under construction. The prolonging conflict in Ukraine and the significantly reduced credit scores increase the demand for renting apartments and thus, affect the development of the PRS market in Poland.

Warehouse & industrial

Romania Sun Wave Pharma in CTPark Bucharest South

schedule 22 March 2023
Opr./edited by ANZ

CTP has leased an area of 2,800 sqm to the food supplements manufacturer Sun Wave Pharma in the industrial park CTPark Bucharest South, located in the south of Bucharest, in the Popești - Leordeni area. From here, the products of the company will be delivered to both Romania and Bulgaria, with the warehouse acting as a regional hub.

Office & mixed-use development

Poland Demand is strong, but renting expensive

schedule 22 March 2023
Opr./edited by ANZ

The scale of office investments carried out in Poland today is much smaller than in previous years, while the demand for space is still high, according to consultants from Walter Herz.

Office & mixed-use development

Poland Three flexible floors

schedule 22 March 2023
Opr./edited by ANZ

Flexible office space operator CitySpace will open its first Łódź venue in the Fuzja complex. It will offer 301 workstations and three meeting rooms. CitySpace Fusion is scheduled to open in May 2023.

Warehouse & industrial

Poland Another tailored facility for DHL

schedule 22 March 2023
Opr./edited by ANZ

Panattoni has completed a new build-to-own development for DHL Parcel, a division of a global logistics company. DHL acquired a cross-docking centre with area of almost 9,000 sqm late last year. The development in Kostrzyn is yet another built to suit complex constructed by Panattoni for the DHL group and yet another in the Wielkopolska region.

Green projects

Poland Platinium P180

schedule 22 March 2023
Opr./edited by ANZ

Energy consumption reduced by almost 48 pct, almost 4 mln litres of water saved in a year and CO2 emissions reduced by more than 3,900 tonnes - these are the savings generated by the Warsaw P180 office building, developed by Skanska in Warsaw by the Wilanowska metro station. The investment has just received LEED Core & Shell certification at the Platinum level.

Warehouse & industrial

Romania Alaska Energies in VGP Park Bucharest North

schedule 21 March 2023
Opr./edited by ANZ

VGP, a European owner, manager and developer of logistics and semi-industrial real estate, has leased over 8,000 sqm of space in VGP Park Bucharest North to Alaska Energies.

Warehouse & industrial

Poland City Point Targówek is filling up

schedule 21 March 2023
Opr./edited by ANZ

Peakside Capital has signed a lease agreement with courier company DPD Polska for 7,000 sqm of cross-dock space at the City Point Targówek park in Warsaw. The complex is currently being completely redeveloped. It will ultimately provide nearly 100,000 sqm of commercial space. DPD Polska will move into the completed facility later this year.

Office & mixed-use development

Poland From printing plant to park

schedule 21 March 2023
Opr./edited by ANZ

Echo Investment and AFI Europe have unveiled their latest concept for the Towarowa 22 city-forming development in Warsaw. Offices, residential units for sale and rent, commercial premises and an extensive park are to be built on the 6.5 ha plot.

Office & mixed-use development

Hungary Hungarian startup moves to Krausz Palota

schedule 21 March 2023
Opr./edited by JC

In the third quarter of 2023, Craft Docs will occupy its brand-new office on the third floor of Krausz Palota for over 1,000 sqm. Online documentation and efficiency solutions company will be the building's first tenant following its comprehensive 2-year renovation.

Eurobuild FM

Warsaw - Cannes Big business under the palm trees (ep. 5)

schedule 21 March 2023
Eurobuild CEE

We invite you to the next, penultimate episode of a special series of podcasts from Cannes! Today, Polish experts will answer e.g. to a seemingly simple question: is it worth investing in Poland and why is it the best destination.

Warehouse & industrial

POLAND Mainfreight moves to Panattoni Sosnowiec III

schedule 21 March 2023
Opr./edited by NN

New Zealand-based logistics provider Mainfreight has leased 2,540 sqm of warehouse and office space in Panattoni Park Sosnowiec III.

Warehouse & industrial

ROMANIA Dutch cheese from Transylvania

schedule 21 March 2023
Opr./edited by NN

Dutch multinational dairy cooperative FrieslandCampina is consolidating its Romanian operations in Mureș City Logistics in Transylvania, which is being developed by Global Vision in partnership with Globalworth.

Office & mixed-use development

POLAND SAP fills gap in Varso Tower

schedule 21 March 2023
Nathan North
deputy editor

The Polish branch of German software developer SAP is to move into the 11th floor of the Varso Tower building in central Warsaw, where it will occupy almost 1,400 sqm.

Latest in Infrastructure

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.

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).

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