News

POLAND Doryb is planning to build a canal-side hotel with a thousand beds in Giżycko, in the Polish lake district.

Green projects

M1 malls outstandingly green

18 January 2019

Opr./edited by AC

POLAND All nine M1 shopping centres have been awarded a BREEAM In-Use environmental certificate with an ‘Excellent’ rating for asset performance and an ‘Outstanding’ rating in the building management category.

Hotels

Crystalline views from Wisła

POLAND The five-star Crystal Mountain Resort condo-hotel is to be developed in Wisła and is expected to be completed in 2020.

Archicom buys large Wrocław site

Opr./edited by TSG

POLAND Warsaw Stock Exchange listed residential developer Archicom has announced that it had purchased 4.9 ha in Wrocław for a large residential estate.

Cavatina moves into full-throttle

Opr./edited by TSG

POLAND Cavatina Holding group has announced that it signed more than 40 office lease agreements in 2018 for a total of more than 40,000 sqm and that it expects to achieve double that figure this year.

Construction

Gdynia goes intermodal

Opr./edited by AZ

POLAND A high storage warehouse is under construction at Port Zachodni (the Western Harbour) in Gdynia.

Neinver “up for sale for EUR 500+ mln”

EUROPE The Losantos family has reportedly put Spanish retail developer and manager Neinver up for sale with a price tag of more than EUR 500 mln.

More than 7,000 sqm signed for Argo Alpha

CZECH REPUBLIC Czech Airlines (ČSA) and global pharmaceuticals firm Sanofi have together signed agreements for more than 7,000 sqm in the Argo Alpha building in Vokovice (Prague 6).

Bluehouse buys Novodvorská Plaza

CZECH REPUBLIC Bluehouse Capital has completed the acquisition of the Novodvorská Plaza shopping centre in Prague 4 from Klépierre for an undisclosed sum.

Amer Sports in O3

POLAND Finnish sports clothing, footwear, and equipment manufacturer Amer Sports has leased 650 sqm of office space in phase three of O3 Business Campus in Kraków.

Catalyst adds Warsaw retail park to portfolio

Architecture and urban planning

EUROPE Catalyst Capital has completed the EUR 194 mln acquisition of retail assets in Sweden, Germany and Poland as well as an office development in Paris for its EUR 1 bln Catalyst Core Plus European Property Fund (CCPEPF) fund.

Five-star design in Pasym

POLAND MJZ (formerly KAMJZ) has designed a hotel and leisure complex with a conference centre and a marina to be built in Pasym in the Masurian lake district by Verdancy.

Steady sales for Atal

Opr./edited by TC

POLAND Last year Atal signed sales contracts for 2,420 residential units, 621 of which were sold in Q4 – down from 2,787 and 755 units in 2017 and Q4 2017 respectively.

7R appoints Dekpol

POLAND General contractor Dekpol is to build warehouse and office space for 7R in Kokotów.

Game programmers move to ul. Brzeska

POLAND Computer game developer 11 Bit Studios is purchasing an office building at ul. Brzeska 2 in Warsaw from PBM Południe.

Construction

Work stops on Karuzela

Aneta Cichla

POLAND Construction of the Karuzela shopping centre in Biała Podlaska has ceased.

EurobuildCEE

Just Gym in Hi Piotrkowska

POLAND Fitness club Just Gym has taken almost 2,000 sqm of the Hi Piotrkowska 155 mixed-use complex under construction in Łódź.

Orbis sells in Wroclaw

Eurobuild CEE

POLAND Orbis has signed a conditional contract to sell a 7,900 sqm property ul. Powstańców Śląskich 7 and 7B in Wrocław for PLN 44 mln to an undisclosed developer.

EPP delivers strong returns over 2018

Alex Hayes
journalist

POLAND Polish real estate fund EPP, which is listed on the JSE, delivered a total return of 21 pct over 2018 significantly outperforming the market. This represents a significant difference compared to the SAPY benchmark index which had total returns of -25 pct.

Recruitment near the castle