News

Investment & finance

Toshiba plant to open in Gniezno

schedule 21 January 2020
Rafał Ostrowski
journalist

POLSKA Toshiba Carrier Corporation is to invest around EUR 25 mln (over PLN 100,000 mln) in a HVAC manufacturing plant and distribution centre in Gniezno in Poland’s Wielkopolska region.

Human resources

JLL announces new regional boss

schedule 21 January 2020
Nathan North
managing editor (English section)

Sabine Eckhardt has been appointed CEO for Central Europe, with effect from May 1st.

Retail & leisure

Primark to open second Polish store

schedule 21 January 2020
Rafał Ostrowski
journalist

POLAND Irish fashion retailer Primark has signed a lease to open a store in Poznań, which is to be the chain’s second opening in Poland.

Warehouse & industrial

Lindab comes to MLP Pruszków II

schedule 21 January 2020
Rafał Ostrowski
journalist

POLAND Swedish HVAC systems producer Lindab has leased 4,200 sqm in the MLP Pruszków II logistics park near Warsaw. About 4,000 sqm of the space will be used for warehousing, while the rest will be staff amenity and office space.

Public buildings

Motorbiking under a new roof

schedule 21 January 2020
Opr./edited by TC

POLAND A roofed speedway stadium for more than 15,000 spectators is to be built in Lublin. Next to the new stadium the city authorities are also planning to build a sports and recreation complex with football pitches.

Residential

Dom’s sales go up – but not in Warsaw

schedule 20 January 2020
Opr./edited by TC

POLAND Dom Development sold a net total of 3,661 apartments in 2019 (3,602 a year earlier), 2,347 of which were in Warsaw (2,580 in 2018), 859 in the TriCity (752 a year earlier) and 455 in Wrocław (270 a year ago).

Investment & finance

Improved sales for LPP

schedule 20 January 2020
Opr./edited by AZ

POLAND Polish fashion group LPP generated PLN 483 mln of consolidated operating profit Q4 2019 – an 11 pct increase on the same period in 2018.

Retail & leisure

Agora Bytom rings in the changes

schedule 20 January 2020
Opr./edited by AZ

POLAND The Agora Bytom shopping centre in Silesia gained ten new tenants in 2019, which have occupied a total area of 1,600 sqm.

Eiffage contracted for Katowice office building

schedule 20 January 2020
Opr./edited by AZ

POLAND Eiffage is to build an office building on al. Korfantego in the centre of Katowice for DL ​​Invest Group.

Technology

Sunlight at the flick of a switch

schedule 20 January 2020
Rafał Ostrowski
journalist

POLAND Warsaw-based Iflow has become the exclusive Polish distributor of Swedish brand Parans, which produces fibre optic devices for distributing natural light through the interiors of buildings.

Investment & finance

UBM sells two hotels

schedule 20 January 2020
Opr./edited by TC

POLAND Union Investment has signed a contract for the acquisition of two hotels that are currently under development: an Ibis Styles in Kraków and Mercure Katowice City Center.

Hotels

On the mountain trail to Ibis

schedule 20 January 2020
Opr./edited by TC

POLAND The Ibis Styles Nowy Targ hotel has now opened.

Property and Facility Management

UI sticks with C&W

schedule 20 January 2020
Rafał Ostrowski
journalist

POLAND Union Investment has retained Cushman & Wakefield’s services as leasing agent for the Lipiński Passage and Zebra Tower office buildings in Warsaw.

Property and Facility Management

M7 gives more work to Savills

schedule 20 January 2020
Rafał Ostrowski
journalist

POLAND M7 Real Estate has appointed Savills as its exclusive advisor for its entire office portfolio.

Warehouse & industrial

Madison makes EUR 150 mln logistics entry

schedule 20 January 2020
Rafał Ostrowski
journalist

EUROPE Madison International Realty is to invest almost EUR 84 mln in a 46.5 pct stake in European Logistics Investment (ELI) platform, which comprises a portfolio of Polish properties valued at around EUR 500 mln.

Events

2020 conference season gets going

schedule 20 January 2020
Eurobuild Conferences

POLAND The first Eurobuild CEE conference of 2020 – the 6th Invested Interest - Investment Market Conference – is to take place quite early in the year, on February 27th.

EurobuildCEE

Erste buys all of Advance Tower

schedule 20 January 2020
Eurobuild CEE

HUNGARY Erste Real Estate has acquired the second phase of the Advance Tower office complex on Váci út in Budapest from Futureal Group.

Retail & leisure

Polish retail moves towards convenience

schedule 20 January 2020
Rafał Ostrowski
journalist

POLAND A total of 210,000 sqm in retail parks and stand-alone large stores were completed in Poland in 2019, according to JLL – up by 29 pct y-o-y.

Investment & finance

Etalon sells more

schedule 20 January 2020
Eurobuild CEE

RUSSIA Etalon’s residential sales in 2019 reached a value of RUB 77.6 bln, up 13 pct y-o-y.

Construction

Unibep to build Kharkiv mall

schedule 20 January 2020
Opr./edited by TC

UKRAINE Unibep is to build a 52,000 sqm shopping centre in Kharkiv having secured a EUR 53.6 mln loan for the project by Bank Gospodarstwa Krajowego.

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