News

Investment & finance

PHN buys two from Wilanów Office Park

schedule 05 December 2018
Tomasz Cudowski
editor-in-chief

POLAND Polnord has officially announced that it signed a letter of intent with Polski Holding Nieruchomości (PHN) in November for the latter to acquire two buildings in Wilanów Office Park in Warsaw's Wilanów district.

Investment & finance

Pbb finances Cedet sale

schedule 05 December 2018
Nathan North
managing editor (English section)

POLAND Pbb Deutsche Pfandbriefbank, as arranger and sole lender, has provided a credit facility of EUR 75.4 mln for the recent acquisition of the Cedet building in Warsaw city centre by a Polish company managed by GLL Real Estate Partners on behalf of Korean institutional investors.

Hotels

Radissons to open in two historic locations

schedule 05 December 2018
Nathan North
managing editor (English section)

HUNGARY/RUSSIA Radisson Hotels Group has announced that it will be opening two hotels: in Moscow and Budapest.

Investment & finance

Helaba loans Atrium EUR 170 mln for Wars Sawa Junior

schedule 05 December 2018
Nathan North
managing editor (English section)

POLAND Helaba is providing a partly syndicated eight-year loan of EUR 170 mln to Atrium European Real Estate to finance its recent acquisition of the Wars Sawa Junior department store complex in Warsaw city centre.

3,500 sqm lease in Eurovea City

schedule 05 December 2018
Alex Hayes
journalist

SLOVAKIA Swan – Benestrou has leased around 3,500 sqm in the Landerova 12 building of the Eurovea City complex owned by J&T Real Estate in Bratislava.

Ikea to take world by storm

schedule 05 December 2018
Anna Pakulniewicz

WORLD Ingka Centres, which operates the IKEA chain, is planning to invest EUR 5.8 bln globally over the next three years.

Construction

Final contractor chosen for Warsaw Metro

schedule 05 December 2018
Eurobuild CEE

POLAND The city of Warsaw city council has signed appointed a consortium of Gülermak Ağir Sanayi İnşaat ve Taahhüt and Astaldi to construct a 2.5 km section of the second metro line, extending it from Wola into the city’s Bemowo district.

Architecture and urban planning

Polish-Italian job for Kraków concert hall

schedule 05 December 2018
Opr./edited by TC

POLAND The design has been approved for the Centrum Muzyki concert hall complex in Kraków. The jury, chaired by Ewa Kuryłowicz, chose the proposal prepared by a Polish-Italian team comprising SBS Engineering Group of Krakow and 3TI Progetti Italia – Ingegneria Integrata of Rome, whose entry beat off rival bids from around the world.

Warehouse & industrial

CDRL warehouse completed

schedule 05 December 2018
Opr./edited by AZ

POLAND CDRL, the owner of the Coccodrillo store chain, has completed the 9-month construction of a 3,700 sqm warehouse next to its headquarters south of Poznań in Kościan.

Smarten up – to save costs and the environment

schedule 05 December 2018
Opr./edited by AZ

POLAND Adapting traditional real estate into smart buildings has now become a global trend, according to Siemens Financial Services, which estimates that this market in Poland could now even be worth up to PLN 4 bln.

Residential

Belarus to build Moscow residential tower

schedule 05 December 2018

RUSSIA/BELARUS Minsk-based developer Stroytrest 4 [Стройтрест № 4] is to build a 21-storey residential building in Moscow for employees of the Belarusian embassy.

Investment & finance

JLL buys REAS

schedule 05 December 2018
Rafał Ostrowski
journalist

POLAND JLL has acquired Warsaw-based residential sector advisory REAS and has become the first advisory firm to operate in all segments of the real estate business in Poland.

Warehouse & industrial

Green City Park in less than a year

schedule 04 December 2018
Opr./edited by TC

POLAND Ideal Idea is launching the construction of the City Park warehouse and office complex on 4.5 ha plot on the boundary of Raszyn and Warsaw.

Technology

Collectomate to streamline shipments

schedule 04 December 2018
Opr./edited by AZ

POLAND Łódź-based start-up Collectomate has set up a platform to facilitate the delivery and storage of parcels in office and residential buildings. Its founders, Marcin Ciącio and Rafał Dylewski, hope to use the system to solve the so-called last mile problem by improving the efficiency of deliveries.

Warehouse & industrial

New HQ – new opportunities

schedule 04 December 2018
Opr./edited by AZ

POLAND The Szczecin branch of Rohling Suus Logistics has moved to a new headquarters in the Panattoni Park Szczecin-Załom logistics park.

Architecture and urban planning

Competition for new Polonia stadium

schedule 04 December 2018
Anna Pakulniewicz

POLAND Warsaw city council has announced an architectural competition for the renovation concept of the Polonia Warszawa football stadium at ul. Konwiktorska 6.

Architecture and urban planning

Nizio opens up Warsaw Uprising Museum

schedule 04 December 2018
Anna Pakulniewicz

POLAND The Nizio Design International architectural studio founded by Mirosław Nizio has won the competition to design the extension and renovation of the Warsaw Uprising Museum.

Retail & leisure

More electronics in Galeria Północna

schedule 04 December 2018
Eurobuild CEE

POLAND Media Expert has opened a 900 sqm electronics store in the Galeria Północna shopping centre on ul. Światowida in Warsaw’s Białołęka district to become the largest tenant of the mall.

Big Brother is watching shelves

schedule 04 December 2018
Eurobuild CEE

POLAND OEX Cursor together with ShelfWise and ABR Sesta have created a system that uses image recognition systems and artificial intelligence to improve how goods are displayed in stores and drive sales.

Office & mixed-use development

Nest coworking office now open

schedule 04 December 2018
Eurobuild CEE

POLAND The Nest, an eight-storey boutique co-working office at ul. Piękna 49 in Warsaw, has been officially opened by Equinox Capital Partners and Fut.

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