News

POLAND Turczynek, a 10 ha plot including two historic villas of the Toeplitz family in Milanówek, has been put up for sale.

Fabryka Wołomin acquires new tenant

POLAND Electronics retailer Avans has leased 900 sqm in the Fabryka Wołomin shopping centre which is being built in Wołomin.

General Motors extends Tychy factory

POLAND General Motors is to extend its diesel engine factory in Tychy in an investment of EUR 250 mln.

Many brands, one restaurant in Poznań City Center

POLAND A 500 sqm Pasta restaurant, which will be the first restaurant in Poland to combine catering brands from all over the world, is to be opened in the Poznań City Center shopping mall in March.

Kancelaria Brochocki negotiates 16,000 sqm

POLAND The Kancelaria Brochocki law office has helped negotiate the lease of over 16,000 sqm of office space in Warsaw and Wrocław over the last few weeks.

Cineworld/Cinema City merger meets with Polish approval

EUROPE The proposed merger of Cinema City and Cineworld has been approved by the Polish Office of Competition and Consumer Protection (UOKiK).

Praktiker Ukraine sold

Rafał Ostrowski
journalist

UKRAINE German DIY retail chain Praktiker International has sold its subsidiary Praktiker Ukraine to a private investor represented by Kreston Guarantee Group Ukraine.

Time to invest in Polish property

POLAND The economic stability, the size of the local market, the availability of qualified workers and the broad range of investment possibilities – these are only a few of the advantages of the Polish market that make the country one of the best places to invest in real estate, according to the ‘Investing in Poland’ report published by BNP Paribas Real Estate and the Polish Agency for Foreign Investment (PAIiIZ).

Sephora goes online

POLAND The Sephora perfumeries chain has opened an online store.

Russians to make drugs in Technopark Łódź

POLAND Russian-based pharmaceuticals manufacturer Firn EU has bought a 1.37 ha plot within the Technopark Łódź technology park, where the company is to build a antiviral medicines production plant.

Building permit granted for Tychy aquapark

POLAND Tychy’s local authorities have issued a building permit for a swimming pool complex on ul. Sikorskiego.

Toys’R’Us opens eighth Polish store

POLAND American toy store chain Toys’R’Us has opened a 2,000 sqm outlet in the Krokus shopping centre in Kraków.

Construction

Eiffage to build third stage of Żoliborz Artystyczny

Property and Facility Management

POLAND Dom Development has appointed a consortium of Eiffage Polska Budownictwo and Eiffage Polska Instalacje as the general contractor for the third stage of the Żoliborz Artystyczny estate, which is being developed on ul. Powązkowska in Warsaw.

JLL chosen to manage Green Day

Nathan North
managing editor (English section)

POLAND Skanska Property Poland has chosen Jones Lang LaSalle to manage the Green Day office building in Wrocław, which is currently under construction.

H&M comes to Starogard Gdański

Office & mixed-use development

POLAND Fashion retailer H&M has leased more than 1,700 sqm in the Galeria Neptun shopping centre, which is under construction in Starogard Gdański.

Letter of intent signed for Port Rybacki project

POLAND Dalmor, a subsidiary of Polski Holding Nieruchomości, has signed a letter of intent with an undisclosed developer laying out the provisional cooperation conditions for the development of its Port Rybacki project in Gdynia.

Investment & finance

Valad secures EUR 310 mln refinancing of Polish retail fund

Nathan North
managing editor (English section)

POLAND Diversified property investment manager Valad Europe has completed the EUR 310 mln refinancing of its Valad Polish Retail Fund through three new loan facilities.

Revetas completes first closing of fund with three acquisitions

POLAND/HUNGARY Revetas Capital Advisors has completed the first closing of its CEE-focused real estate fund cand has made three initial investments in Hungary and Poland.

Investment & finance

Gdynia Airport forced by EU to return EUR 21.8 mln

Nathan North
managing editor (English section)

POLAND The European Commission has decided that public funding granted by the municipalities of Gdynia and Kosakowo to Gdynia Airport has broken EU competition rules.

CCC signs Mammut lease