News

July’s top five global deals

schedule 02 September 2019
Rafał Ostrowski
journalist

WORLD Prologis’ USD 3.99 bln acquisition of Industrial Property Trust from Denver-based real estate investment manager and development firm Black Creek Group was the largest deal of July in the construction and real estate sector, as tracked by GlobalData.

Retail & leisure

From food court to Foodport

schedule 02 September 2019
Opr./edited by TC

POLAND Renovation work has started on the food court of the Galaxy shopping and entertainment centre in Szczecin.

Marc O’Polo enters new territory

schedule 02 September 2019
Opr./edited by AKL

POLAND Clothing retailer Marc O’Polo closed the financial year (ending on May 31st, 2019) with a 7.3 pct increase in revenue, bringing the total up to EUR 472 mln – more than twice as much as in the previous year and the best figure for the last five years.

Residential

Apartamenty Ostródzka goes on sale

schedule 02 September 2019
Opr./edited by TC

POLAND Atal has started selling apartments in the first stage of the Apartamenty Ostródzka estate in Warsaw’s Białołęka district.

Residential

Horyzont Praga on the horizon

schedule 30 August 2019
Opr./edited by TC

POLAND Cordia Polska has started the pre-sales for a new Warsaw project in Warsaw’s Praga district – the Horyzont Praga building, which is under construction at the junction of ul. Ostrobramska and ul. Rodziewiczówny and will contain 164 apartments on 17 floors.

Retail & leisure

New look for Poznań Plaza

schedule 30 August 2019
Opr./edited by AKL

POLAND The interior of the Poznań Plaza shopping centre, which is owned by the Klépierre group, has been re-opened after refurbishment.

Retail & leisure

Gemini Park Tarnów increases turnover

schedule 30 August 2019
Opr./edited by TC

POLAND In H1 Gemini Park Tarnów recorded an 11 pct increase in turnover compared to the first six months of 2018.

Residential

Złote Piaski goes to Żelazowa Wola

schedule 30 August 2019
Tomasz Cudowski
editor-in-chief

POLAND Zielona Góra based Złote Piaski is planning to develop a large housing estate in the Kampinos district near Warsaw.

LC Corp buys plot for Wrocław offices

schedule 30 August 2019
Opr./edited by AZ

POLAND LC Corp has bought a 5,400 sqm plot on ul. Kolejowa in Wrocław for almost PLN 32 mln, where it plans to build a new office building.

Marvipol buys Służewiec plot

schedule 30 August 2019
Opr./edited by AKL

POLAND Marvipol Development subsidiary Joki has finalised the acquisition of a 2.6 ha plot on ul. Bokserska in Warsaw’s Służewiec district.

Green projects

First passive Polish school – in Marki

schedule 30 August 2019
Opr./edited by AZ

POLAND Construction work will soon be completed on the Mareckie Centrum Edukacyjno-Rekreacyjne (MCER) school in Marki near Warsaw.

Residential

Making Ursus more Home-ly

schedule 30 August 2019
Opr./edited by TC

POLAND Unidevelopment has started the construction and sale of apartments in the Ursa Home estate in Warsaw’s Ursus district.

Retail & leisure

2,000 sqm leased in Stop Shop Siedlce

schedule 30 August 2019
Opr./edited by AKL

POLAND Immofinanz, the owner of the Stop Shop retail park brand, has secured two lease agreements for more than 2,000 sqm for a project under construction in Siedlce.

Suntago to open in fourth quarter

schedule 29 August 2019
Rafał Ostrowski
journalist

POLAND Global City Holdings has completed the structural works for the Suntago Water World aquapark project in Wręcza, near Mszczonów, around 50 km south-west of Warsaw. The largest indoor water park in Europe is expected to open by the end of 2019.

Panattoni to build in Żory

schedule 29 August 2019
Rafał Ostrowski
journalist

POLAND Panattoni Europe is planning to build the 80,000 sqm Panattoni Park Żory logistics complex around 50 km south of Katowice in the Upper Silesia region.

Green light for Sotheby’s acquisition

schedule 28 August 2019
Rafał Ostrowski
journalist

WORLD The European Commission has approved the acquisition of one of the world’s largest auction houses, Sotheby’s of the US, by Next Alt of Luxembourg.

Office & mixed-use development

Wola set to be Warsaw’s largest office district

schedule 28 August 2019
Rafał Ostrowski
journalist

POLAND As most of Warsaw’s latest office projects are underway close to the Rondo Daszyńskiego roundabout, while some of the older office buildings in Służewiec are being repurposed for the residential sector, Wola may soon become the city’s largest office hub.

Retail & leisure

Jurajska BREEAM certified

schedule 28 August 2019
Eurobuild CEE

POLAND Galeria Jurajska has been awarded a BREEAM In-Use certificate with the rating of ‘Excellent’ in the asset performance and building management categories.

E-commerce is still a big challenge

schedule 28 August 2019
Eurobuild CEE

WORLD Majority of companies have failed to fully implement an e-commerce strategy despite recognizing its importance, according to DHL’s global survey of nearly 900 decision-makers responsible for logistics or supply chain management and e-commerce.

Office & mixed-use development

DL Center Point II topped off

schedule 28 August 2019
Eurobuild CEE

POLAND Dl Ivest Group has topped off the DL Center Point II office complex in Katowice. The project is to reach the lock up stage before the end of this year, as the construction is progressing ahead of the schedule.

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