News

Orbis takes decision on division

schedule 04 June 2019
Anna Pakulniewicz

POLAND Polish hotel group Orbis has finally taken the decision to separate some of the company’s operations, having previously announced its intention to do so.

Hotels

Radisson Blu Hotel & Residences, Zakopane now open

schedule 04 June 2019
Alex Hayes
journalist

POLAND Radisson Blu has opened the Radisson Blu Hotel & Residences, Zakopane in the foothills of the Tatras in Poland.

Office & mixed-use development

Vastint ready with Business Garden Vilnius

schedule 04 June 2019
Alex Hayes
journalist

LITHUANIA Mitnija is soon to start construction work on the Business Garden office park in Vilnius, which is being developed by Vastint.

Element Industrial plans Criaova park

schedule 04 June 2019
Alex Hayes
journalist

ROMANIA Element Industrial is to build a 60,000 sqm logistics park in Craiova in an investment of EUR 35 mln on a 11 ha site.

Retail & leisure

Vendo nears completion in Łask

schedule 04 June 2019
Eurobuild CEE

POLAND Vendo Park is to open on ul. Warszawska in Łask this autumn.

Retail & leisure

Fashion House expands in St Petersburg and Bucharest

schedule 04 June 2019
Eurobuild CEE

RUSSIA/ROMANIA Fashion House Group is developing outlet centres in Bucharest and St Petersburg. The retail chain, which is owned by Liebrecht & Wood has been present in Russia for the last five years since it opened its first Russian centre in Moscow.

Construction

Alchemium stone laid

schedule 04 June 2019
Eurobuild CEE

POLAND Budimex has laid the foundation stone for the Alchemium complex which is being constructed for Łódź University of Technology. The centre is to be completed at the end of September 2020 in an investment of PLN 57 mln.

Waimea opens in Stargard

schedule 04 June 2019
Eurobuild CEE

POLAND Waimea has opened its first hall A in the Waimea Logistic Park Stargard in an investment of over PLN 22 mln.

Office & mixed-use development

Cavatina lands biggest regional lease

schedule 04 June 2019
Opr./edited by TC

POLAND Sabre Polska, a company that creates IT systems for tourism and aviation, has leased almost 16,000 sqm in the Tischnera Office building in Kraków.

Warehouse & industrial

Cometh the Eissmann

schedule 04 June 2019
Nathan North
managing editor (English section)

CZECH REPUBLIC CPI group is to build and lease a 7,000 sqm production hall to German automotive leather components manufacturer Eissmann in CPI Park Mlýnec, on the D5 (E50) motorway close to the German border.

Investment & finance

Rustonka in Korean-Polish hands

schedule 04 June 2019
Nathan North
managing editor (English section)

CZECH REPUBLIC An investment trust fund established by Korean investor Hana Alternative Asset Management and Polish property manager White Star Real Estate has bought the Rustonka office centre in Prague’s Karlín district from J&T Real Estate for an estimated CZK 4.2 bln (app. EUR 163 mln).

Retail & leisure

N-Park comes to Gorzów

schedule 04 June 2019
Opr./edited by AZ

POLAND Napollo is to develop an N-Park on ul. Pomorska in Gorzów Wielkopolski, with the opening scheduled for the end of 2020.

Construction

Mostostal Warszawa contracted for Cross Point once more

schedule 04 June 2019
Opr./edited by AZ

POLAND Mostostal Warszawa has been contracted to construct the latest office building of the Cross Point complex in Łódź.

Investment & finance

Savills IM buys Warsaw warehouse park

schedule 03 June 2019
Nathan North
managing editor (English section)

POLAND Savills Investment Management has finalised the acquisition for its Savills IM European Logistics Fund 2 of a 42,000 sqm logistics property in the Warsaw area.

Breath of fresh Tuscan air in Wrocław

schedule 03 June 2019
Opr./edited by AZ

POLAND Murapol has started selling units in the first stage of its latest Wrocław project, Zielona Toskania. The apartments will come fitted with anti-smog filters and smart home systems.

More brands in Posnania

schedule 03 June 2019
Eurobuild CEE

POLAND Puccini, a Femestage Eva Minge Concept Store, Run Colors, Muscat and Kantor Pomarańczarnia are the latest brands to appear in the Posnania shopping centre in Poznań.

Residential

Atal launches first Gliwice estate

schedule 03 June 2019
Opr./edited by TC

POLAND Atal has started selling units in its first project in Gliwice – Karolinka Apartments, which is under construction at the junction of ul. Karolinki and ul. Bolesława Śmiałego in the western part of the city.

Marvipol shops for Sopot site

schedule 03 June 2019
Anna Pakulniewicz

POLAND Marvipol Development has purchased a number of developed plots in Sopot for PLN 27.7 mln net.

Office & mixed-use development

EUR 35 mln for GPP expansion

schedule 03 June 2019
Opr./edited by AZ

POLAND GPP Business Park on the outskirts of Katowice has received a EUR 35 mln loan from BOŚ Bank, for further expansion.

Monki business in Poland

schedule 03 June 2019
Eurobuild CEE

POLAND Swedish clothing brand Monki is to make its debut in Poland this year by opening two stores in Katowice and Kraków this summer.

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