News

Construction

Varso breaks the ground (floor)

schedule 28 August 2018
Opr./edited by TSG

POLAND The first of the towers of the Varso complex in Warsaw has ‘come out’ of the ground.

Retail & leisure

MediaMarkt replaces more Saturns

schedule 28 August 2018
Opr./edited by AZ

POLAND New MediaMarkt stores will replace the existing Saturn stores in Cuprum Arena shopping mall in Lubin and in the Zielony Targówek retail park in Warsaw.

Architecture and urban planning

Podgórna brand new again

schedule 28 August 2018
Opr./edited by TC

POLAND Structure Capital Fund launches the revitalization of tenement houses at ul. Podgórna 7 and 9 in the Old Town of Poznań.

Retail & leisure

Two tenants in ETC

schedule 28 August 2018
Eurobuild CEE

POLAND Sinsay and Home&You are new brands in the group of tenants in the ETC Swarzędz shopping centre which belongs to Capital Park and Akron Group.

Erbud with two contracts

schedule 28 August 2018
Eurobuild CEE

POLAND The construction company has been awarded two general contractor agreements – in Poznań and Kraków. The first order concerns the construction of a residential and service building at ul. Smoluchowskiego 3 in Poznań.

Retail & leisure

Deichmann after renovation

schedule 28 August 2018
Eurobuild CEE

POLAND Deichmann footwear store in Galeria Gniezno welcomed customers with a new interior design that is a result of the modernization of the brand’s existing stores.

LPP comes to Puro

schedule 27 August 2018
Anna Pakulniewicz

POLAND Norwegian-owned Puro Hotel Holding and the Family Investment 3 Limited Liability Company (registered in Gdańsk) have agreed to join forces and invest together in the hospitality business.

Hotels

Prague will see new hotel conversions

schedule 27 August 2018
Anna Pakulniewicz

CZECH REPUBLIC Domestic operators are gaining in competitiveness, Czech chain Pytloun Hotels will open on Wenceslas Square. The Czech hospitality market has been achieving above-average performance rates thanks to a steadily growing number of tourists. This has had a positive effect on hospitality properties whose yields ranging between 6 proc. and 7 proc. are noticeably higher than the yields in other commercial sectors, specifically retail, office and industrial. They are also attractive with rents guaranteed for a long time. As a result, converting office space into hospitality facilities is becoming a frequent choice among both domestic and international investors. Czech operators can compete with foreign ones quite capably and tend to be the preferred choice for hotel owners. Just about 14 proc. of the local market operators are international brands, according to Cushman & Wakefield’s report.

Residential

Budnex in the west and north

schedule 27 August 2018
Opr./edited by TC

POLAND In H1 of the year, Budnex of Gorzów Wielkopolski sold more than 400 apartments and around 1,500 is currently under construction.

Residential

Bouygues in Grunwald

schedule 27 August 2018
Opr./edited by TSG

POLAND Bouygues Immobilier Polska will build new apartments at ul. Smardzewska 5 and 7 in Poznań.

Residential

Lokum with flair

schedule 27 August 2018
Opr./edited by TC

POLAND Lokum Deweloper is preparing to launch a residential estate with app. apartments in the centre of Wroclaw. The estate will be erected in the Stare Miasto, near ul. ​​Robotnicza and ul. Góralska at the site of former workshops and warehouses.

Interior design

Silence according to Rygalik

schedule 27 August 2018
Anna Pakulniewicz

POLAND Polish designer Tomasz Rygalik, the founder of Studio Rygalik, designed the SoundRoom system for the Noti brand.

Apartment Plus Wrocław

schedule 27 August 2018
Eurobuild CEE

POLAND The first project in Wrocław is launched as part of the Apartment Plus programme. Up to 470 apartments for rent are to be built at ul. Kolejowa 63/65 on a plot which belongs to the Polish Post.

Co-working making its mark in Romania

schedule 27 August 2018
Eurobuild CEE

ROMANIA In the first half of the year, the amount of co-working space across the country grew by 42 pct, reaching almost 68,000 sqm - according to real estate consultancy Crosspoint.

Vantage gets involved in construction

schedule 27 August 2018
Eurobuild CEE

POLAND The developer has decided that the company will construct part of the project independently – without the participation of general contractors.

Retail & leisure

Kwidzyn to get Metro for Christmas

schedule 27 August 2018
Eurobuild CEE

POLAND In Q4 of this year, Metropolitan Investment will start the construction of Galeria Metro Kwidzyn, the largest shopping and entertainment building in this town.

Yit a hit with Hollister

schedule 27 August 2018
Anna Pakulniewicz

LITHUANIA Yit has been awarded a contract by US-based medical products manufacturer Hollister Incorporated to construct the second stage of a medical device plant in Kaunas.

Hotels

Orbis goes to Tetovo

schedule 24 August 2018
Anna Pakulniewicz

MACEDONIA Orbis Hotel Group has opened the first Mercure hotel in Macedonia: the Mercure Tetovo, in the northwest of the country.

Hotels

Yit to build Petersburg hotel

schedule 24 August 2018
Anna Pakulniewicz

RUSSIA Yit has been awarded a contract with LLC Novyi Vek, part of the Plaza Lotus Group, for the construction of the first phase of a hotel in south St Petersburg.

Warehouse & industrial

All eyes on Prologis Prague-Airport

schedule 24 August 2018
Rafał Ostrowski
journalist

CZECH REPUBLIC Prologis has started the construction of a 38,600 sqm building in Prologis Park Prague-Airport.

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