News

Data centre buys a piece of Włochy

schedule 25 September 2019
Opr./edited by TSG

POLAND Mostostal Warszawa has sold a plot of land at ul. Krakowiaków 91/101 in Warsaw’s Włochy district.

Retail & leisure

More shoes in Chełm

schedule 25 September 2019
Opr./edited by AKL

POLAND Footwear retailer Deichmann chain is to open a 470 sqm store in Galeria Chełm.

Construction

School sports hall in two years

schedule 25 September 2019
Opr./edited by AZ

POLAND Work on a sports hall for the Klementyna Hoffmanowa IX secondary school in central Warsaw is in progress.

Construction

Budimex arrives in Arkadia

schedule 25 September 2019
Opr./edited by TSG

POLAND Budimex has been contracted to build the first stage of the Central Garden residential estate, which neighbours the Rondo Jonasza Kofty roundabout close to the Arkadia shopping centre in Warsaw’s Żoliborz district.

CBRE gets together with RedNet

schedule 25 September 2019
Nathan North
managing editor (English section)

POLAND International real estate consultancy CBRE has established a strategic partnership with Polish residential property service provider RedNet Property Group.

Investment & finance

Hines buys Segro park in Gdańsk

schedule 25 September 2019
Rafał Ostrowski
journalist

POLAND Hines Global Income Trust has acquired a 32,000 sqm logistics park in Pruszcz Gdański near Gdańsk from Segro European Logistics Partnership (SELP) for an undisclosed price. The property will be managed by Hines Polska.

Third time lucky for Rynek Łazarski

schedule 25 September 2019
Eurobuild CEE

POLAND The city of Poznań has announce a tender for the renovation work of the Rynek Łazarski market square with the work expected to take around 18 months.

Investment & finance

Eastnine buys Old Town offices

schedule 25 September 2019
Nathan North
managing editor (English section)

ESTONIA The Valdemara office building in Riga’s Old Town has been sold by Capital Mill to Swedish listed real estate investor Eastnine for app. EUR 25 mln.

Warehouse & industrial

Exeter comes to Szczecin

schedule 25 September 2019
Opr./edited by AZ

POLAND Construction work on Exeter Park in Szczecin is starting. Exeter Property Group is developing the 79,000 sqm logistics park next to the A6 motorway.

Cubus disappears from Poland

schedule 25 September 2019
Eurobuild CEE

POLAND Clothing store Cubus has been declared bankrupt by the courts in Poland. The company filed for bankruptcy in July and on September 3rd the courts placed Cubus Polska into liquidation.

Office & mixed-use development

Tétris gets to work to create HOL 7.7

schedule 25 September 2019
Opr./edited by AZ

POLAND White Stone has appointed Tétris to fit out the renovated common areas of the HOL 7.7 office complex in Warsaw’s Służewiec district.

Construction

Stone laid for Horyzont Praga

schedule 25 September 2019
Eurobuild CEE

POLAND Cordia Polska has laid the foundation stone for its Horyzont Praga residential project in Warsaw’s Praga district.

CityFit to move into Atrium

schedule 25 September 2019
Eurobuild CEE

POLAND CityFit, a chain of fitness clubs owned by Keen Property Management, has leased 1,170 sqm on the sixth floor of the Atrium Centrum office building in Warsaw owned by CPI Property Group and will be moving in in April 2020.

Investment & finance

Rising prices pushes construction turnover to new levels

schedule 25 September 2019
Rafał Ostrowski
journalist

The turnover generated by the Polish construction industry has reached an all-time high on the back of several years’ investment upturn and is expected to come close to PLN 250 bln (EUR 59 bln) in 2020. The growth in the market’s value, however, is being boosted mainly by the rising prices of building materials and higher labour costs.

Retail & leisure

Quiosque continues to grow

schedule 25 September 2019
Opr./edited by AZ

POLAND Quiosque has opened eleven stores since the beginning of the year.

Investment & finance

Echo Investment takes on Tesco

schedule 25 September 2019
Opr./edited by TSG

POLAND Echo Investment has confirmed market rumours that it has bought the Tesco shopping centre on ul. KEN in Warsaw’s Kabaty district.

Office & mixed-use development

Working in the sunshine

schedule 25 September 2019
Tomasz Cudowski
editor-in-chief

CZECH REPUBLIC A public outdoor co-working area has appeared in the BB Center office complex at Brumlovka square.

Retail & leisure

LG goes direct to the consumer in Klif

schedule 25 September 2019
Opr./edited by AZ

POLAND Household electronics producer LG Electronics has opened its first own-brand store in Europe on the first floor of the Galeria Klif shopping centre in Warsaw.

Retail & leisure

Total partnership for Carrefour

schedule 25 September 2019
Opr./edited by AZ

POLAND Carrefour Polska has joined forces with petrol station operator Total Polska for the opening of a network of Carrefour Express Convenience stores.

Technology

Interact at the cutting Edge

schedule 25 September 2019
Opr./edited by AZ

EUROPE The Edge office building in Amsterdam, which is often cited as the most intelligent office building in the world, is also one of the first to be equipped with the Signify Interact Office system.

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