News

Investment & finance

Yareal works on Nowogrodzka Square

POLAND Yareal Polska is developing Nowogrodzka Square, a 11,000 sqm gla office building, which is to be erected between Al. Jerozolimskie and ul. Nowogrodzka in Warsaw. The construction work on the project is scheduled to start in Q4 2015 and last for app. 18 months.

Eurobuild Awards

Eurobuild Awards 2015 – Starting from the beginning

Office & mixed-use development

Váci Corner Offices signs new tenant

HUNGARY Software developer Statlogics Szoftverfejlesztő has leased 1,100 sqm of office space in Budapest’s Váci Corner Offices building, whose developer is HB Reavis.

Retail & leisure

Cornerstone laid for Forum Gdańsk

POLAND Multi Poland has held the ground-breaking ceremony at the Forum Gdańsk shopping centre.

Office & mixed-use development

Mentor Graphics comes to Silesia Star

POLAND Mentor Graphics has leased over 4,500 sqm in the Silesia Star office building on ul. Uniwersytecka in Katowice.

Warehouse vacancy increases in Kyiv

UKRAINE Vacancy in the logistics property sector in the Greater Kyiv area amounted to 8.1 pct at the end of the first quarter, according to DTZ.

Warehouse & industrial

PNK Group completes 43,000 sqm warehouse for Verny

RUSSIA The BTS multi-temperature distribution centre developed for grocery chain Verny in PNK Logopark-KAD in St Petersburg has been put into operation.

Knight Frank strengthens Romanian presence

ROMANIA Real estate agent Knight Frank is turning its Bucharest-based associate office, The Advisers, into a Knight Frank-branded business. The company will continue to be headed by Horatiu Florescu.

Retail & leisure

Outlet Toruń swings into action

POLAND Outlet Toruń, a retail scheme that is planned to be built by Karawela on Szosa Bydgoska in Toruń, is now leased in 40 pct.

Warsaw’s Miodowa to regain old glory

POLAND Renovation work on ul. Miodowa in Warsaw is to be started by the Municipal Roads Authority at the beginning of June.

Second Ghelamco bond issue

POLAND Ghelamco is starting subscriptions for the second issue of bonds for individual investors in the company’s history.

Office & mixed-use development

Echo relaunches Łódź project

POLAND Echo Investment has presented a new concept for its office project at al. Piłsudskiego 86 in Łódź, which has up to now been known as Aurus.

Office & mixed-use development

Dentsu Aegis Network Polska moves to new Czerniaków offices

POLAND The Dentsu Aegis Network Polska group has moved to an office building on ul. Czerska in Warsaw’s Czerniaków district.

Office & mixed-use development

I2 Development to renovate former Wrocław hospital

POLAND Wrocław-based I2 Development has revealed its plans for the development of the 2.6 ha site of the former Babiński hospital in the centre of the city.

Residential

Okam enters final lap in Dolina Trzech Stawów

POLAND Okam Capital has started the construction of 56 apartments in the second and final stage of the Dom w Dolinie Trzech Stawów project in Katowice.

Construction

Kryształ Powiśla underway

POLAND The foundation stone has been laid for the Kryształ Powiśla mixed-use development in Warsaw.

Retail & leisure

Carry to open in Fabryka Wołomin

POLAND Fashion retailer Carry is set to open its store in Fabryka Wołomin, a shopping centre which is currently being developed by the Park Handlowy Wołomin company.

Erbud to pay out 2014 dividend

POLAND Polish construction company Erbud has decided to pay dividend for 2014 to its shareholders.

Budimex wins large Bydgoszcz contract

POLAND Budimex has signed a contract with SPX Flow Technology Poland on the construction of a 30,000 sqm production hall in Bydgoszcz. The property, which will serve as a machine factory, is set to be erected on a 10-ha plot.

Warsaw underground constructors to build ring road

POLAND General Directorate of National Roads and Motorways (GDDKiA) has chosen three contractors for Warsaw’s Southern Ring Road. The project will be built by Warbud and two companies which in the past took part in building the central section of Warsaw’s underground, Astaldi and Gϋlermak.