Construction
POLAND Totalbud will be general contractor for a new residential building on ul. Pory in Warsaw, developed by a social housing association, Warszawa Południe. The value of the contract, signed after the so-called “design and construct” bidding procedure, amounts to app. PLN 9.7 mln.
Investment & finance
CEE REGION The US real estate giant Blackstone has acquired six logistics and distribution parks, located across Poland and the Czech Republic, from Pramerica Real Estate Investors. Meanwhile, Blackstone's logistics platform, Logicor, has bought a portfolio of European logistics facilities, including a Hungarian warehouse.
Construction
POLAND Budmont Sebastian Lipiec, a general contractor, is entering the construction site of Osiedle Marina in Lublin. Work on the residential project has been commissioned by its developer, Wikana.
HUNGARY The Hungarian office of CBRE has launched a new business line, Asset Services.
RUSSIA Moscow-based software distributor Point has leased 730 sqm at the Newton Plaza business centre on Nagatinskiy St. in Moscow.
Hotels
POLAND Real estate developer Doctor Q Bud will build a new, Best Western-branded hotel at Kraków-Balice airport. The project is now undergoing the final phase of designing and planning. Best Western Balice Airport Kraków is scheduled to open in the first half of 2016.
POLAND In order to better concentrate on residential construction, the Lublin-based developer Wikana, has sold its commercial property in Krasnobród for PLN 4.2 mln. The mini-mall housed a Biedronka store and a few smaller retailers. The new owner is a private person, specialized in running retail facilities.
Construction
POLAND Ground has been broken for a small residential project developed in Warsaw’s Bemowo district by Tynkbud-1.
Office & mixed-use development
The under-construction DomExpo centre in Warsaw will be extended by a 12,500 sqm conference building, located in the project’s direct vicinity.
POLAND Raben Polska, the European provider of logistics services, has signed the new lease agreements concerning a total of 37,000 sqm of space at the Prologis parks in Wrocław and Chorzów.
HUNGARY China-based IT consultancy firm Pactera has leased 600 sqm in the Dorottya Udvar office building on Budapest's Bocskai út.
Warehouse & industrial
POLAND Goodman has started the construction of a 11,000 sqm warehouse at Kraków Airport Logistics Centre.
Construction
CZECH REPUBLIC CTP is moving into the sector with the development of a 70,000 sqm retail park in Brno’s Modřice district.
POLAND Mirbud, the Polish construction company, will carry out two new projects worth a gross total of PLN 50 mln.
Investment & finance
POLAND Capital Park, the investor of the Royal Wilanów office project, located at the junction of ul. Klimczaka and ul. Przyczółkowa in Warsaw, has got a loan from PKO BP to further develop the project. “We have reached the required level of commercialization of the facility, and met the requirements over our deposit, which has paved the way for us to get the first tranche of funding. The total amount of the loan granted by PKO Bank Polski amounts to EUR 61.1 mln,” informed Michał Majewski, treasury manager of Capital Park.
Investment & finance
POLAND Michał Sołowow, the founder and biggest shareholder in Echo Investment, has put his nearly 46 pct stake in the Kielce-based company up for sale. The shares were offered for sale by London branch of Citi. Neither Echo Investment nor Sołowow himself have commented on the news. While Sołowow didn’t find time to answer our questions for over a week, we have confirmed with three independent market sources that the offering is now on.
Investment & finance
POLAND Octava Fizan, the Polish non-public assets closed investment fund, has finalized the purchase of six office buildings from Arka BZ WBK, the real estate closed investment fund that is set to be liquidated. The office buildings which changed their owner include: FDS Plaza and Light House in Warsaw, Quattro Forum in Wrocław, Winogrady Business Center in Poznań, Red Tower in Łódź and Alfa Plaza in Tricity. Their total leasable area amounts to app. 48,300 sqm.
Office & mixed-use development
POLAND Focus, an office building located in Warsaw, has been given a “very good” rating in BREEAM In-Use certification, the sustainability assessment scheme for buildings across Europe that promotes best practices in construction and operations.
Residential
POLAND A new residential project by Dolcan is to be built on ul. Pułaskiego in Częstochowa. Osiedle Jordanowskie will be constructed out in three stages in which 276 apartments will be built.
POLAND Grupa Waryński and Polnord has started construction work on the Stacja Kazimierz estate in Warsaw. The first stage of the project will include 179 apartments, five retail/service units and 183 parking spaces.
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
Shopee is ending its operations in Poland. The Asian e-commerce platform, which debuted in Poland in 2021, intends to focus on operations in other reg ...
Logicor has officially opened the first public park in the grounds of a logistics centre in Poland. Logicor’s Serenity Park in Mysłowice comprises 4 h ...
Who won this year's 14th edition of the Eurobuild Awards? The jury and guests gathered at the Double Tree by Hilton hotel in Warsaw chose this year's ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
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On November 17–18, Poznań will, for the third time, bring together experts, decision-makers, designers, entrepreneurs, and representatives of public a ...
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After a long break, we invite you to hot episode of the "Eye to eye" podcast! Today we talk with Władysław Grochowski, the head and founder of Arche.
The UN Nansen Refugee Award award will go to Poland for the first time. According to the office of the UNHCR High Commissioner this year's regional wi ...
Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation ...
According to the report, Mediterranean and Southern European markets accounted for 44 pct of all inbound overnight tourist arrivals to Europe last y ...
ULI Poland has announced the appointment of new co-chairs to its Product Councils and a new Chair of the Young Leaders group. The leadership team shap ...
Shopping centre operator and developer NEPI Rockcastle has opened Romania’s biggest industrial-scale solar farm in Chișineu-Criș in western Romania.
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
DL Invest Group has entered into a joint venture with Boosteroid, a global provider of cloud technologies and cloud gaming to build a network of moder ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
With a proven track record across Poland, Central and Eastern Europe and Germany, Peakside Capital is emerging as one of the most influential players ...
CA Immo has leased the last remaining offices in the One building in Frankfurt to law firm Kallan Rechtsanwaltsgesellschaft and TMF Deutschland, who n ...
The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
The University of Warsaw has signed a contract with the general contractor for a project at ul. Bednarska 2/4. The new building will house the faculti ...
AFI Czech Republic has begun work on its AFI Home V Korytech project in the Strašnice district of Prague. The PRS development will comprise 519 apartm ...
Despite ongoing geopolitical tensions and economic uncertainty, long-term retail growth is being fueled by urbanisation, tourism, and rapid technology ...
Velis Real Estate Tech is officially changing its name to Singu, adopting the title of its property management product. The rebranding aims to both re ...
Nonko, a logistics company that serves Chinese clients, has leased 4,100 sqm of modern warehouse space at MLP Wrocław.