News

POLAND Two retailers have signed leases in the Galeria Tęcza shopping centre on ul. 3 Maja in Kalisz and five lease renewals have also been signed. Overall, lease agreements with a total area of almost 2,000 sqm have been signed.

Retail & leisure

Facelift for Galeria Mokotów

10 June 2019

POLAND The façade of the Galeria Mokotów mall in Warsaw is being renovated.

Era Park comes to Warsaw

POLAND An Era Park retail park is to be built on ul. Strażacka in Warsaw’s Rembertów district. Its construction will start in the spring of 2020 and its opening is planned for the autumn of 2020.

Another 100,000 sqm for Wrocław

POLAND Wrocław’s office stock increased by more than 13 pct over the past year to 1.07 mln sqm, according to “Occupier economics: Office market in Wroclaw Q1 2019” by Cresa.

Murapol goes battling smog

POLAND Murapol is to fit its apartments with smog filters in a number of its latest projects in Kraków, Silesia, Wrocław, Warsaw and Poznań.

WeWork to come to Kraków

POLAND Coworking chain WeWork is to open its first regional branch in Poland in Kraków next year.

Łódź looking for investors

POLAND The Łódź city authorities are launching promotional services for owners of investment properties in the city centre.

CDRL grows through acquisitions

Opr./edited by AZ

POLAND CDRL Group, the Polish owner of the Coccodrillo fashion chain, saw an increase in its sales revenues to PLN 108 mln in Q1, which when compared to PLN 57.1 mln a year earlier represents an increase of more than 89 pct.

New life for Wroclaw old station

POLAND Four 50m skyscrapers, a café, a gallery and a railway museum are suggested by the architectural studio which won a competition for the re-development of the former Wrocław Górnośląski train station, which forms part at the city’s main Dworzec Główny station complex.

Human resources

Echinox to manage Eminescu

ROMANIA Echinox, the representative of Cushman & Wakefield in Romania has been commissioned to manage the Eminescu Office building, which has recently been delivered in Bucharest, near Piaţa Romană.

Retail & leisure

Nest to open in Oradea

ROMANIA RC Europe has acquired both the land and the building permit for the Nest retail park, which is to be built in Oradea.

Investment & finance

Mas and Prime Kapital with big plans

ROMANIA Mas REI with its partner Prime Kapital have announced that they are currently working on a number of projects.

BP takes 22,000 sqm in Agora

HUNGARY Oil and gas company BP is to move the 1,800 employees of its global business services unit to 22,000 sqm in the Agora development in Budapest, in one of the largest office leases signed in the country this year so far.

Hotels

3 in 1 for LHG in Gdańsk

Anna Pakulniewicz

POLAND Marvipol Development has announced the signing of a preliminary franchise agreement with the Louvre Hotels Group.

PHN launches PLN 160 mln bond issue

Opr./edited by AZ

POLAND Polski Holding Nieruchomości (PHN) has issued A series bonds with a nominal value of up to PLN 160 mln.

Investment & finance

Echo plans further offensives after Q1 results

POLAND Echo Investment started the construction of six new projects in Q1. During the same period the company sold 351 units and bought land for construction of more than 75,000 sqm of residential and office space. Its net profit amounted to almost PLN 32 mln.

Technology

Integral to differentiate Cavatina

Opr./edited by AZ

POLAND Zonifero, a start-up established by the Tenderhut group, has been awarded a contract to introduce an application for managing the space and for supporting the administrators and tenants in five of Cavatina’s office buildings.

Investment & finance

Renaissance Building taken by Leading Cities Invest

POLAND Leading Cities Invest, a fund managed by the KanAm Grund Group, has purchased the Renaissance Building in Warsaw from a fund managed by GLL Real Estate Partners.

Noerr to move into Dacia One