News

POLAND More investment land is to be created in Bytom in new investment activity zones in post-industrial areas of the town.

Lidl builds Bydgoszcz distribution centre

POLAND The foundation stone has been laid for the construction of a Lidl distribution centre in Bydgoszcz.

Residential

Atal estate in Kraków takes shape

POLAND At the end of March, Atal started the construction of the second stage of the City Towers Czyżyny project in Kraków.

Radway to extend Swarzędz plant

POLAND Shower cubicle manufacturer Radway has obtained a permit for the extension of its factory in Jasin near Swarzędz, in the Kostrzyn and Słubice Special Economic Zone.

Retail & leisure

Echo mall in Bełchatów to become retail park

POLAND Echo Investment is to redevelop a section of Galeria Olimpia in Bełchatów, introducing an interior furnishing and decoration section and new stores to the complex.

Orbis enjoys Q1 growth

Aneta Cichla

POLAND Orbis group enjoyed improved results for Q1

Jerónimo Martins distribution centre to be built in Parzniew

POLAND Budimex has been commissioned by Jerónimo Martins Polska to construct a distribution centre in Parzniew near Warsaw.

Nifco Poland to extend Świdnica factory

POLAND Plastic components producer Nifco Poland is to extend its factory in Świdnica, which lies within the Wałbrzych Invest-Park Special Economic Zone.

S5 to be built more cheaply

POLAND Five companies are interested in designing and building a 15 km section of the S5 expressway between Korzeńsk and Wrocław.

Residential

Apartments above Czerwona Torebka

POLAND A Czerwona Torebka discount store and a number of retail units and apartments are to be built on ul. Głowackiego in Nowa Sól.

Investment & finance

Orco given Złota 44 reprieve by Pekao

Nathan North
deputy editor

POLAND Orco Property Group has announced that on April 17th it concluded that an agreement with Pekao bank for the acquisition of loan receivables and collateral related to the Zlota 44 residential tower project in Warsaw.

Investment & finance

PPF to buy City Tower?

Nathan North
deputy editor

CZECH REPUBLIC PPF Group, owned by Czech businessman Petr Kellner, is poised to buy the City Tower office building in Pankrác (Prague 4), according to local media.

Investment levels to be lowest since crunch

Rafał Ostrowski
journalist

RUSSIA Investment levels could be the lowest in the post-crisis period and comparable to total investment volumes in 2009, when the volume reached USD 3.2bn, according to JLL.

Roof-top fitness for Robyg

POLAND An additional floor is to be built on the roof of the Robyg Business Center office building in Wilanów.

River Island “will not close down in Poland or Russia”

Office & mixed-use development

POLAND/RUSSIA The decision by the Empik Media & Fashion group to terminate its clothing and footwear retail franchises will not affect the further development of the River Island chain in Poland and Russia, according to a company statement.

Platinum Properties Group can build in Poznań

Architecture and urban planning

POLAND Platinum Properties Group has received a building permit for an office building with an underground car park on ul. Obornicka in Poznań.

Adding new life to Praga Północ

POLAND The Praga Północ Design Workshop [Warsztaty Projektowe Praga Północ] competition, organised by the Polish Union of Architects (SARP) and the city of Warsaw, is now underway.

Stokrotka to replace Delima in Galeria Słupsk

Aneta Cichla

POLAND. A 1,400 sqm Stokrotka store is to replace Delima as the main grocery operator in the Galeria Słupsk shopping centre.

Investment & finance

Griffin buys in Kraków

POLAND Griffin Group has acquired two of the office buildings forming part of the Centrum Biurowe Lubicz complex in Kraków from Polonia Property Fund I.

Rhenus Contract Logistics leases 30,000 sqm