News

Budimex happy with weaker results

schedule 03 August 2018
Rafał Ostrowski
journalist

POLAND For H1 Budimex has recorded a fall in its net profit to PLN 128 mln from PLN 194.7 mln recorded for the same period of the previous year. The company attributes this fall to the rising cost of wages, materials, subcontractors and transportation services and Dariusz Blocher, the CEO of Budimex believes the company’s performance to have been good considering the conditions on the market.

Retail & leisure

Innovation with renovation

schedule 03 August 2018
Eurobuild CEE

POLAND Alejka Ciekawostek [Curiosity Alley] is the latest idea from ​​the owner of Atrium Promenada in Warsaw’s Gocław district for how the space in the shopping centre currently being renovated will be used.

Retail & leisure

Productive work on Produkcyjna

schedule 03 August 2018
Eurobuild CEE

POLAND Renovation work has started on the Auchan Produkcyjna shopping centre in Białystok, which is owned by Ceetrus Polska.

Residential

More flats available in Tęczowy Las

schedule 03 August 2018
Eurobuild CEE

POLAND Polnord has started the sales of 119 apartments in four of the buildings to be developed in the second stage of the Tęczowy Las residential estate in Olsztyn.

Gryf in metamorphosis

schedule 03 August 2018
Eurobuild CEE

POLAND Carrefour Polska has completed the refurbishment of the Galeria Gryf shopping centre in Szczecin.

LC Corp buys Praga plot

schedule 03 August 2018
Eurobuild CEE

POLAND LC Corp has purchased a 0.74 ha plot on ul. Siennicka in Warsaw’s Praga Południe district for a net amount of PLN 9.5 mln.

Investment & finance

Slovakia has investment record in its sights

schedule 03 August 2018
Nathan North
deputy editor

SLOVAKIA The total real estate investment volume in Slovakia for H1 2018 reached just under EUR 500 mln, a significant amount compared to the EUR 535 mln for the entire 2017 and record breaking EUR 850 mln in 2016 – according to JLL.

Budimex and Strabag on A1

schedule 03 August 2018
Rafał Ostrowski
journalist

POLAND Budimex and Strabag have been awarded a EUR 111 mln contract to design and build a 16 km section of the A1 motorway between Tuszyn and Bełchatów.

Investment & finance

Promenade Gardens sold

schedule 02 August 2018
Alex Hayes
journalist

HUNGARY Erste Real Estate Fund has purchased Promenade Gardens in Budapest from developer Horizon Development for an undisclosed sum.

More sport in High5ive

schedule 02 August 2018
Rafał Ostrowski
journalist

POLAND Fitness club chain My Fitness Place has leased 1,900 sqm of space in High5ive office complex, which is now being developed by Skanska near the Kraków Główny railway station.

Residential

A holiday on the beach

schedule 02 August 2018
Eurobuild CEE

POLAND Zdrojowa Invest & Hotels has opened a boutique holiday apartment block in Ustronie Morskie.

Interior design

Paradyż tiles on display in Kyiv

schedule 02 August 2018
Anna Pakulniewicz

POLAND/UKRAINE After having opened its first showroom in Warsaw and having signed a long-term distribution contract with Eurcan Tile in the US and Canada, tile producer Ceramika Paradyż is turning its attention east by displaying its products in one of the largest showrooms in Kyiv.

Technology

Blast of cold air for Votivkirche

schedule 02 August 2018
Anna Pakulniewicz

EUROPE Kärcher has cleaned the Votivkirche in Vienna.

Residential

Metropolitan Investment starts sales in Zakopane

schedule 02 August 2018
Rafał Ostrowski
journalist

POLAND Metropolitan Investment has started apartment sales for its Antalovy Apartamenty in Zakopane.

2.5 mln people set to become land owners

schedule 02 August 2018
Eurobuild CEE

POLAND A bill that will transfer ownership of land used under the right of perpetual usufruct to the residents of the buildings that stand on it has been passed by the Seym and now awaits the presidential signature.

Residential

Nowa Grobla now habitable

schedule 02 August 2018
Eurobuild CEE

POLAND Atal has been awarded an occupancy permit for the Nowa Grobla Apartamenty residential development, its first such project in Gdańsk.

Eurobuild CEE

First stage of Nova Królikarnia complete

schedule 02 August 2018
Tomasz Cudowski
editor-in-chief

POLAND Ronson Development has been awarded an occupancy permit for the final building of its Nova Królikarnia residential estate in Warsaw's Mokotów district.

Office & mixed-use development

Tallest skyscraper in Europe nearing completion

schedule 02 August 2018
Rafał Ostrowski
journalist

RUSSIA At 462m in height, the Lakhta Centre skyscraper in north-west St Petersburg is nearing completion.

Amrest not resting but investing

schedule 02 August 2018
Opr./edited by AC

EUROPE Amrest has purchased the Sushi Shop restaurant chain, which operates in twelve European countries.

Warehouse & industrial

Stone under City Logistics Warsaw

schedule 02 August 2018
Rafał Ostrowski
journalist

POLAND Panattoni Europe has laid the foundation for the City Logistics Warsaw I warehouse building, which is situated near the former Radiowo landfill on ul. Estrady in the Stare Babice administrative district 11 km west of Warsaw.

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