News

Office & mixed-use development

Retro style for Olympus

schedule 29 March 2019
Opr./edited by TC

POLAND A new branch of Olympus Business Services Europe (OBSE) has been officially opened in Wrocław. The company has occupied almost 5,400 sqm in the Retro Office House, which is owned by LC Corp.

Public buildings

Papricana remade

schedule 29 March 2019
Opr./edited by TC

POLAND Szczecin city council has signed the contract with a consortium of Doroca and PBG, which won the tender to reconstruct the city stadium and build the Children’s and Youth Training Centre [Centrum Szkolenia Dzieci i Młodzieży]. The costs for the project will amount to PLN 364.4 mln, of which PLN 261.2 mln will be for the construction of the stadium.

Warehouse & industrial

ELP Holdco buys all of Panattoni Łódź park

schedule 29 March 2019
Opr./edited by TC

POLAND Dutch company ELP Holdco (Poland) has bought out all the shares in PDC Industrial Center 80, which is building Panattoni Park Łódź East VII in Natolin near Łódź. The companies have signed the final share sale agreement.

Office & mixed-use development

Hexagon nears completion in Cluj Napoca

schedule 29 March 2019
Alex Hayes
journalist

ROMANIA The 20,000 sqm Hexagon Offices building in Cluj Napoca, owned by Kész International is scheduled for completion in June 2019.

Marriott to open 1,700 hotels

schedule 29 March 2019
Eurobuild CEE

WORLD Marriott International is planning to open 1,700 hotels by 2021.

Slow traffic around Poznań

schedule 29 March 2019

POLAND Work has begun on adding a third lane to each carriageway of the Poznań bypass with completion scheduled for the end of the year.

Retail & leisure

Decathlon enlarges in Magnolia Park

schedule 29 March 2019
Opr./edited by AZ

POLAND The Decathlon store in the Magnolia Park mall in Wrocław has gained an additional floor and now has a sales area of over 4,000 sqm.

Meet & Fit looking to expand

schedule 29 March 2019
Agnieszka Zielińska

POLAND The Meet & Fit restaurant chain is to open six new branches soon and is currently looking for both new locations and franchisees.

Office & mixed-use development

13-storey office tower to rise in Katowice

schedule 29 March 2019
Rafał Ostrowski
journalist

POLAND DL Invest is to start construction work on an office building as part of the DL Center Point III complex on ul. Korfantego in Katowice at the beginning of July.

Better sales and lower profit for H&M

schedule 29 March 2019
Eurobuild CEE

WORLD In the first quarter the H&M group’s net sales increased by 10 pct to app. SEK 51 bln (EUR 4.9 bln), compared to SEK 46.2 bln in the first quarter of the 2018 financial year (starting on December 1st). In local currencies, net sales increased by 4 pct.

Warehouse & industrial

Rhenus to enter Panattoni parks

schedule 29 March 2019
Rafał Ostrowski
journalist

POLAND Rhenus Logistics has leased 6,200 sqm of warehouse space in Panattoni’s parks in Gdańsk and Wrocław.

Vendo Park now open in Bytów

schedule 28 March 2019
Rafał Ostrowski
journalist

POLAND Trei Real Estate, part of the Tengelmann group, has opened Vendo Park in Bytów in northern Poland.

Office & mixed-use development

New complex idea for Okęcie

schedule 28 March 2019
Opr./edited by AZ

POLAND Idea City Park, a warehouse and office project being developed by Ideal Idea Formad in Warsaw’s Okęcie district, has been issued with a building permit. Four buildings will eventually be built in the complex.

Retail & leisure

Improvements at Auchan Gliwice

schedule 28 March 2019
Opr./edited by TC

POLAND Ceetrus Polska has been refurbishing the Auchan Gliwice shopping centre. The interiors of the centre should be fully renovated in April. It will include new rest areas and amenities for families with children. The centre will also be given a new visual identity and signage system as part of the renovations.

Eurocash announces results

schedule 28 March 2019
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.

Mirbud tables the best bid

schedule 28 March 2019
Agnieszka Zielińska

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

schedule 28 March 2019
Rafał Ostrowski
journalist

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

schedule 28 March 2019
Aneta Cichla

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

Warehouse & industrial

Panattoni to build in Opole

schedule 28 March 2019
Rafał Ostrowski
journalist

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.

Office & mixed-use development

BPO still dominating the regions

schedule 28 March 2019
Alex Hayes
journalist

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.

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