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POLAND Ghelamco gets go-ahead for Gdańska

Infrastructure
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.

The parties have signed an annex to the original agreement signed around a decade ago that will now allow Ghelamco to begin preparations for the project.

As well as the construction of a new station of 1,900 sqm, the project will also involve developing four mixed-use buildings for commercial use. The total built-up area of the project will come to around 100,000 sqm.

We are very excited to resume our cooperation with PKP SA, as we see great potential in the Warszawa Gdańska project for creating valuable space that will address the needs of Warsaw’s residents, businesses and the passengers using modern Polish railways!
Jaroslaw Zagórski, the managing director of Ghelamco

Projects involving external investors are a positive step toward unlocking the potential of PKP's real estate assets.
Andrzej Bułczyński, a board member of PKP SA

Xcity Investment is PKP’s vehicle for coordinating the development of the sites and properties it owns.

The station, also known as Dworzec Gdański, originally came into use in 1880, since when it has been rebuilt several times – most recently, in 1984, following a major fire.

Latest news

Infrastructure

POLAND Ghelamco gets go-ahead for Gdańska

schedule 27 September 2024
Opr./edited by NN

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.

Retail & leisure

POLAND Wonder of Woolies in Słoneczna

schedule 27 September 2024
Opr./edited by NN

German department store chain Woolworth has signed a lease agreement for almost 1,000 sqm in the Galeria Słoneczna shopping centre in Radom.

Office & mixed-use development

POLAND Legal move for Global Office Park

schedule 27 September 2024
Opr./edited by NN

Law firm KBZ Żuradzki Barczyk & Partners Advocates and Attorneys-at-Law LP has leased 400 sqm of office space in Global Office Park in Katowice.

Warehouse & industrial

POLAND Terg happy in Gdańsk Logistic I

schedule 27 September 2024
Opr./edited by NN

Terg, the owner of the Media Expert chain of electronic goods stores, has renewed its lease of 1,800 sqm in Gdańsk Logistic I.

Warehouse & industrial

HUNGARY Faedra to build two in South Buda

schedule 27 September 2024
Opr./edited by NN

Hungarian warehouse developer Faedra Group is to launch two new developments in South Buda (Budapest XII) this autumn.

Warehouse & industrial

CZECH REPUBLIC Toyota MH moves to Panattoni Zdice

schedule 27 September 2024
Opr./edited by NN

Toyota Material Handling CZ has leased 13,614 sqm for its new headquarters in Panattoni Park Zdice in Central Bohemia.

Warehouse & industrial

Czech Republic Czech industrial back on the up

schedule 27 September 2024
Opr./edited by JC

Demand for industrial space is stabilising across Europe, as indicated by the recent European Logistic Update report by Cushman & Wakefield. In the Czech Republic, the situation is now returning to pre-pandemic levels.

ESG

CEE Waste under the spotlight

schedule 26 September 2024
Opr./edited by ANZ

Skanska has entered into a partnership with the WasteTracker startup. The smart waste counter will help monitor and report on waste streams, supporting the process of responsible building management. The system will operate across Skanska's current portfolio in Central and Eastern Europe.

Hotels

Europe Moxy plans a hundred

schedule 26 September 2024
Opr./edited by ANZ

The Moxy Hotels brand has announced the expansion of its European portfolio to 100 hotels by the end of 2025. 17 more hotels are to open by the end of next year, including Moxy Warsaw City.

Investment & finance

CEE REGION P3 issues €500m green bond

schedule 25 September 2024
Opr./edited by NN

Prague-based warehouse developer P3 Group has issued a 7.6-year EUR 500 mln Green Bond. With this, P3 will have signed over EUR 6 bln in new debt since the implementation of its most recent funding strategy in December 2021.

Office & mixed-use development

POLAND Meril takes a breath of Oxygen

schedule 25 September 2024
Opr./edited by NN

Indian medical device producer Meril has leased 300 sqm for five years in the Oxygen Park office complex in Warsaw.

Investment & finance

Poland €50m loan for Skyliner II

schedule 25 September 2024
Opr./edited by ANZ

Karimpol Polska has secured EUR 50 mln in financing from Bank Pekao for the second phase of the Skyliner II development on Rondo Daszyńskiego in Warsaw. The bank also financed the construction of the first tower of the complex.

Investment & finance

Europe ECE capital injection

schedule 25 September 2024
Opr./edited by ANZ

ECE Real Estate Partners is expanding its investment activities and has raised further circa EUR 100 mln of capital for its ECE Progressive Income Growth Fund that invests in high quality shopping centres in Europe and holds a portfolio of seven centres with a total market value of more than EUR 2.2 bln.

Office & mixed-use development

Poland Challenges and stabilisation

schedule 24 September 2024
Opr./edited by ANZ

Savills has summarised H1 in the Kraków office market. Despite the challenges of rising vacancy rates and a significant drop in activity on the part of developers, Kraków's office market is showing signs of stabilisation and is looking ahead to further growth.

Investment & finance

Europe Panattoni launches a logistics income fund

schedule 24 September 2024
Opr./edited by JC

Panattoni has launched a pan-European fund that will invest in modern, sustainable, income-producing logistics properties. The Panattoni Income Fund is domiciled in Luxembourg with an open-ended, evergreen structure.

Warehouse & industrial

Poland ELI grows in Silesia

schedule 20 September 2024
Opr./edited by JC

European Logistics Investment, a logistics platform owned by Redefine Properties, Madison International Realty, and Griffin Capital Partners, has completed the construction of two warehouses in Silesia.

Investment & finance

Poland Another Smart Park sold

schedule 19 September 2024
Opr./edited by JC

Smart Park Poland has sold a retail park in Syców (Dolnośląskie Voivodeship) to the Saller Group. The area of the facility is 8,000 sqm.

Warehouse & industrial

Romania VAT partners up with VGP

schedule 19 September 2024
Opr./edited by JC

VAT Romania broke ground for its new factory located in VGP Park Arad, a strategic logistics hub adjacent to the A1 motorway and key European routes.

Warehouse & industrial

Poland One more beer in Pruszków

schedule 19 September 2024
Opr./edited by JC

United Distribution Holding, a distributor of global brands of beer and food products in Poland, decided to add more than 2,300 sqm of industrial space to its existing agreement at the Warsaw West Park-Pruszków distribution centre.

Warehouse & industrial

Germany Garbe is leasing in Kelsterbach

schedule 19 September 2024
Opr./edited by JC

Garbe Industrial Real Estate has re-let around two thirds of the space in its property in Kelsterbach, near Frankfurt am Main. A wholesaler will be using the facility to store and distribute building materials.

Latest in Infrastructure

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.

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.

Edition 9 (291) September 2024

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