News

POLAND Polski Holding Nieruchomości now has 171 properties across Poland in its portfolio.

Investment & finance

Bristol awaits new life

POLAND The Zakopane town authorities are to put the Bristol hotel up for sale.

Unibep to build on ul. Ordona

POLAND Unibep has signed a contract with Neostar Polska to build a residential estate on ul. Ordona in Warsaw.

Construction

TK Development contracts Erbud

Rafał Ostrowski
journalist

POLAND Erbud has been appointed the general contractor of the Nowy Rynek shopping centre, which is being developed in Jelenia Góra in a contract worth PLN 133.7 mln, with the work to be completed by October 2015.

Construction

Matexi contracts Totalbud

POLAND Totalbud has been appointed by Matexi Polska to build a residential project in Warsaw’s Ursynów district.

Capital Art Apartments topped out

POLAND The ‘D’ building which is being developed as part of the Capital Art Apartments residential project has been topped out. Atlas Estates has completed the construction of the reinforced steel structure of the building as well as the first stage of building ‘E’.

Hotels

Aquapark under construction at Hotel & Resort Plaza by Condohotels

POLAND Construction work has started on the aquapark within the Hotel & Resort Plaza project being developed by Condohotels.

Atal to build apartments in Wrocław

POLAND Atal has been granted a PLN 15 mln loan by mBank to finance the Stara Odra Tower residential project, which is to be developed in an investment of PLN 35 mln.

Retail & leisure

Dressler takes over Notabene

POLAND Norwegian bookstore and stationary chain Notabene has been taken over by Dressler which has bought all the 15,290 shares that were previously owned by Platon (13,761 shares) and Alicja Hyjek (1,529 shares).

Retail & leisure

Warsaw airport like shopping centre

POLAND Ten new restaurants and bars as well as 15 new stores are to be opened in the modernised section of Terminal ‘A’ at the Warsaw Chopin Airport.

Okam buys plot on ul. Woronicza

POLAND Israeli developer Okam Capital is the new owner of a 9,500 sqm plot of on ul. Woronicza in Warsaw.

Polimex-Mostostal stops building three roads

POLAND Polimex-Mostostal has withdrawn from three contracts to build two motorway sections and an expressway signed with the General Directorate of National Roads and Motorways (GDDKiA).

WFDiF to sell Fort Służewiec

POLAND The Wytwórnia Filmów Dokumentalnych i Fabularnych film studio in Warsaw is to sell the perpetual usufruct of the so-called Fort Służewiec on al. Lotników in Warsaw through a sealed-bid auction.

Residential

230,000 sqm residential project in Khimki

Rafał Ostrowski
journalist

RUSSIA Russian residential developer Urban Group has started the construction of Solnechnaya Sistema, a 230,000 sqm residential complex in Khimki northwest of Moscow.

Office & mixed-use development

First leases signed for Kapelanka 42

POLAND Skanska Property Poland has signed the first agreements for the lease of office and retail space in the Kapelanka 42 centre in Kraków.

Investment & finance

BPT Optima sells five Baltic properties

LITHUANIA/ESTONIA/LATVIA BPT Optima has sold five commercial properties to Estonian investment company Capital Mill, which was acting on behalf of an unnamed investor.

Much better year for Inpro

POLAND Developer Inpro concluded 499 pres-sale agreements in 2013, up 21-pct on the previous year.

Construction

Skanska completes aquapark in Siedlce

POLAND The construction of the Park Wodny Siedlce aquapark has been completed. The project, which was commissioned by the development agency of the town of Siedlce, was completed by Skanska after taking over from a previous contractor.

Investment & finance

No Makrum mall in Bydgoszcz

POLAND Makrum Development has applied for the annulment of the official decisions approving the construction of a shopping centre in Bydgoszcz.

Hotels

Allcon Budownictwo to demolish Hotel Neptun