News

Opr./edited by AZ

POLAND Eurocash Group had a net profit of PLN 111.65 mln in 2018 compared to PLN 29.56 mln a year earlier, the company stated in its annual report.

POLAND Mirbud’s bid of PLN 857 mln gross has been chosen as the best one in a tender for constructions of sections of the A1 motorway held by the General Directorate of National Roads and Motorways (GDDKiA).

Globalworth still growing

POLAND/ROMANIA The value of Globalworth’s portfolio in 2018 increased by 36 pct to EUR 2.5 bln, 51 pct of which is in Romania with the remainder in Poland.

Warehouse & industrial

LPP bigger in Stryków

Aneta Cichla

POLAND Polish clothing group LPP has expanded its warehouse building in Segro Logistics Park Stryków.

Warehouse & industrial

Panattoni to build in Opole

Office & mixed-use development

POLAND Panattoni Europe is planning to start the construction of the Panattoni Park Opole logistics project in south-western Poland in the second quarter of the year.

BPO still dominating the regions

Office & mixed-use development

POLAND Companies from the BPO/SSC industry were responsible for the highest proportion of the demand for office space in Kraków and the TriCity, according to figures from JLL.

Wrocław passes 1 mln sqm mark

POLAND After Kraków, Wrocław is Poland’s next largest regional city office market with a total office stock that has now passed the one million sqm mark.

Residential

Spatial plan for 24 ha residential district in Minsk

Tomasz Cudowski
editor-in-chief

BELARUS A spatial development plan for an an area of almost 24ha near Victory Square [Пло́шча Перамо́гі] and the Masherova prospect [Машэрава праспект] in Minsk has been drawn up where a new district for around 3,000 residents is to be built on former industrial land.

Cerva Group expands in Prologis Park Prague-Airport

Office & mixed-use development

CZECH REPUBLIC Prologis has started the construction of a 9,800 sqm BTS warehouse in Prologis Park Prague-Airport for Cerva Group, a Czech producer of protective personal equipment and workwear.

SoftwarePlant in Astrum

POLAND IT start-up SoftwarePlant has moved into the Astrum Business Park complex in Warsaw’s Włochy district.

Orange sells off its properties

Tomasz Cudowski
editor-in-chief

POLAND In 2018 Orange Polska sold a total of 68 properties, which earned the company PLN 243 mln.

Flex space to grow in Prague

CZECH REPUBLIC The supply of flexible offices in Prague is set to grow by 67 pct this year, according to JLL.

Intersport unveils latest format

POLAND An Intersport 2.0 store has been opened in the Galeria Krakowska mall in Krakow.

MyShoes comes to Poland

POLAND MyShoes is debuting in Poland with stores in Warsaw, Katowice and Kielce.

Port Gdynia station to grow

POLAND Polish State Railways [PKP] has appointed Budimex to extend its Gdynia Port railway station in a contract worth PLN 1.487 bln net.

Warehouse & industrial

Ventia now first tenant in City Park

POLAND HVAC supplier Ventia is the first tenant to have signed up for space in the Ideal Idea City Park under construction on the border of Warsaw and Raszyn.

Yit to develop Nordic Bemowo

POLAND Finnish developer Yit has bought a 6 ha plot in Warsaw’s Bemowo district where it is to construct the Nordic Bemowo residential estate with more than 600 apartments.

Vacancy drops in all major cities

POLAND In 2018, all office markets in the country saw a decrease in the vacancy rate, says Walter Herz. The average vacancy level in all major cities dropped to an average of 8.5 pct.

Investment & finance

Globalworth takes Rondo Business Park

POLAND Globalworth Poland has bought Rondo Business Park in Kraków from German fund CS Property Dynamic for over EUR 32 mln.

Investment & finance

Selp cleared to take over 7R Park Wrocław