News

Retail & leisure

Atrium pockets King Cross Praga

schedule 10 July 2019
Rafał Ostrowski
journalist

POLAND Atrium European Real Estate has completed the acquisition of the King Cross Praga shopping centre on ul. Jubilerska in Warsaw’s Gocław district from a fund managed by CBRE Global Investors (CBRE GI) for EUR 43 mln.

Office & mixed-use development

Green light for Intraco Prime

schedule 10 July 2019
Opr./edited by AZ

POLAND Polski Holding Nieruchomości (PHN) has been granted a final building permit for the Intraco Prime office building, which is to be built near the current Intraco tower at ul. Stawki 2 in Warsaw.

Retail & leisure

Rowing into Galeria Mazovia for a bite

schedule 10 July 2019
Opr./edited by AZ

POLAND The restaurant zone in Galeria Mazovia in Płock, now called Przystań Smaku, re-opened after renovations at the end of June.

Residential

Mój Ursus enters latest phase

schedule 10 July 2019
Opr./edited by TC

POLAND Robyg is launching the latest stages of its Mój Ursus residential development in Warsaw.

Office & mixed-use development

Tesla sparks back into life

schedule 10 July 2019
Tomasz Cudowski
editor-in-chief

CZECH REPUBLIC Cresco Real Estate has begun the refurbishment of the former head office of lighting producer Tesla in Prague’s Holešovice district into modern office space, which now features an industrial style.

Public buildings

Mirbud to build school for Praga

schedule 10 July 2019
Opr./edited by AKL

POLAND Mirbud has been awarded a PLN 61.12 mln contract by Warsaw city council for the construction of a school and nursery school complex near ​​ul. Nowaka-Jeziorańskiego in the city’s Praga-Południe district.

Retail & leisure

Meblik enters Hungary

schedule 10 July 2019
Opr./edited by AZ

HUNGARY Polish furniture producer Meblik has opened its first store in Hungary – in the Max City shopping centre in Budapest.

Atal breaks H1 and Q2 records

schedule 10 July 2019
Opr./edited by TC

POLAND In H1 2019, Atal secured preliminary purchase contracts for 1,616 apartments (a y-o-y increase of 26.3 pct) – the highest figure in the company’s history for a six-month period.

Technology

Let there be data

schedule 10 July 2019
Rafał Ostrowski
journalist

POLAND Globalworth, Signify and the Proptech Poland Foundation have installed the first light-wave wireless communication system in the CEE region.

Property and Facility Management

Savills starts up in Łódź

schedule 10 July 2019
Alex Hayes
journalist

POLAND Real estate advisory firm Savills has been appointed as the exclusive office leasing agent for the Forum 76. Business Centre on al. Józefa Piłsudskiego in Łódź.

CitySpace grows in Kraków

schedule 10 July 2019
Alex Hayes
journalist

POLAND Flexible office space provider CitySpace, will expand its lease in the third building of the O3 Business Campus in Kraków.

"Market disruption, credit crunch and forced restructuring inevitable"

schedule 10 July 2019
Eurobuild CEE

CEE REGION Central and Eastern Europe remains an attractive destination for industry and financial investors seeking takeover targets for expansion, according to law firm Wolf Theiss, which cohosted the 'CEE M&A Spotlight' meeting in London held on July 4th.

Office & mixed-use development

TVN stays in M76

schedule 10 July 2019
Alex Hayes
journalist

POLAND TVN, a TV station owned by Discovery, has prolonged its 1,200 sqm office lease on the ninth floor of the M76 office building on ul. Marszałkowska and ul. Hoża in Warsaw.

Retail & leisure

Galeria Chełm 85 pct leased

schedule 10 July 2019
Rafał Ostrowski
journalist

POLAND Five tenants have recently leased space in the Galeria Chełm shopping centre project, which is being developed by a joint venture of Acteeum and Equlis in eastern Poland.

Investment & finance

CTP buys another Bucharest park

schedule 09 July 2019
Nathan North
managing editor (English section)

ROMANIA Czech industrial investor CTP has acquired the A1 Bucharest Park for app. EUR 40 mln from Belgian company Vebeld.

Retail parks continue to expand across region

schedule 09 July 2019
Anna Pakulniewicz

CENTRAL & EASTERN EUROPE Retail park floorspace in Central & Eastern Europe came to 5.7 mln sqm at the beginning of the year with the Czech Republic, Romania and Poland accounting for 66 pct of the total retail park market in the region, according to the latest report by Cushman & Wakefield.

Arche buys plot near bypass

schedule 09 July 2019
Eurobuild CEE

POLAND Arche has signed a PLN 9 mln preliminary purchase agreement for a number of plots with a total area of more than 1 ha in Gdańsk including former agricultural land in the Klukowo district, next to the TriCity bypass.

Office & mixed-use development

Skysawa moves towards the clouds

schedule 09 July 2019
Eurobuild CEE

POLAND Construction work on the Skysawa centre in Warsaw has begun with the 155m building to be completed in 2022 after 36 months.

Office & mixed-use development

M7 snaps up five properties

schedule 09 July 2019
Alex Hayes
journalist

POLAND M7 Real Estate has announced that it has acquired five office and industrial properties on behalf of its M7 Polish Active Fund (M7 POLAF) for a total of EUR 65 mln in three separate transactions.

Retail & leisure

Saller starts building Chojnice retail park

schedule 09 July 2019
Eurobuild CEE

POLAND Grupa Saller has bought a plot at the junction of ul. Bytowska and ul. Strzelecka in Chojnice in northwest Poland where it is developing a 6,500 sqm retail park around an existing Hetman DIY store.

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