News

POLAND LG Chem, which is building the largest electric car battery factory in Europe in Biskupice Podgórne near Wrocław, is to spend an additional USD 31.4 mln to buy an adjacent electronics factory of 223,000 sqm owned by Turkish company Vestel.

Intersport spells out its growth plans

POLAND Intersport Polska has published its strategy for 2020-2024 and intends to be the leading premium sports goods retailer. Its product range will focus on the best brands with the highest quality goods.

Olimpia changes Tesco for Carrefour

POLAND A Carrefour hypermarket will be the new grocery anchor of the Galeria Olimpia shopping centre in Bełchatów (around 55 km south of Łódź) and will take over an area of 4,500 sqm that has recently been freed by Tesco.

Galeria Chełm prepares to open

POLAND The Galeria Chełm shopping centre has been issued with an occupancy permit.

Technology

Digi-feely future

Opr./edited by AZ

WORLD The global market for AI-based human emotion recognition systems is set to grow each year by 32.3 pct over the next four years, according to Deloitte in its ‘Tech Trends 2020’ report.

Technology

Algorithms sweet algorithms

Opr./edited by AZ

POLAND Kraków-based residential estate agent engine Obido.pl has received a PLN 1 mln EU subsidy for the development of an artificial intelligence laboratory.

Blåkläder hires more robots

Opr./edited by AZ

Swedish workwear manufacturer Blåkläder has now added ten more robots to its AutoStore cube storage automation system in its main warehouse in Svenljunga.

Warehouse & industrial

Industrial stock rises in Sofia

BULGARIA In the second half of 2019, 104,000 sqm of new industrial space was delivered, according to figures from MBL. The total stock of industrial space in Sofia rose to 3.1 mln sqm.

Warehouse & industrial

DTS expands in Poznań and Szczecin

Alex Hayes
journalist

POLAND DTS Transport has leased warehouse space taking 3,300 sqm in Panattoni Park Poznań V and 1,600 sqm, in Panattoni Park Szczecin.

Investment & finance

From Accor into the arms of AccorInvest

Alex Hayes
journalist

EUROPE AccorInvest has purchased a 98.6 pct stake in Orbis.

Investment & finance

Poland goes under lockdown

POLAND The Polish government has enacted a number of temporary measures in order to limit the spread of the Covid-19 virus.

Brands entering Jurajska

POLAND A Mi Store with Xiaomi branded electronics opened in the Galeria Jurajska centre in Częstochowa at the beginning of March.

Residential

Robyg feeling chipper

POLAND Robyg group expects the demand for new apartments to continue to rise in 2020 due to the availability of mortgage financing, rising investment demand, and high level of supply.

Konsimo opens fourth store in Poland

POLAND Furniture discount chain Konsimo is to open its 4th Polish store in the Arkady Wrocławskie centre in Wrocław in May.

EurobuildCEE

The week’ top five: The news in the time of coronavirus

Alex Hayes
journalist

EUROBUILD CEE This time around the stories were topped by Ghelamco and its plans, but the news was dominated more by repositionings and investment deals.

Public buildings

Warbud builds administratively

POLAND Warbud is to build two administrative buildings on ul. Plebiscytowa in Opole.

EurobuildCEE

1,100 homes to be built in Poznań

POLAND Poznań’s largest ever city housing project is being launched – the city’s housing authority has signed a contract for Agrobex to build the first two stages of what will eventually be a 1,100 apartment estate on ul. Opolska in the city’s Dębiec district.

EurobuildCEE

BNP breaks revenue record

Rafał Ostrowski
journalist

EUROPE BNP Paribas Real Estate has recorded EUR 1.01 bln in revenue for 2019. “In 2019, BNP Paribas Real Estate broke through the symbolic threshold of EUR 1 bln in revenues for the first time and a year ahead of target.

Investment & finance

Eden sees turnover rise

POLAND In January, the turnover of the Eden retail park in Zgorzelec increased by 24.4 pct y-o-y.

Interior design

Dekoria opens in Domoteka