News

Hotels

Felipe Gedeón, Selina: We are searching for properties in several markets

schedule 22 August 2018
Anna Pakulniewicz

POLAND Eurobuild CEE talked to Selina's Felipe Gedeón, new markets lead for Europe, about the strategy of the hospitality chain entering the Polish market. Selina, a chain that combines the style of boutique hotels with features characteristic of the social life of hostels, is to be launched in Poland and Hungary.

Office & mixed-use development

Złote Tarasy offices in demand

schedule 22 August 2018
Anna Pakulniewicz

POLAND In the first half of 2018, tenants signed lease contracts for a total of app. 8,000 sqm in the Lumen and Skylight office buildings, which form part of the Złote Tarasy multi-functional complex in centre Warsaw.

Office & mixed-use development

From Warsaw to Kraków

schedule 21 August 2018
Anna Pakulniewicz

POLAND Cresa, the tenant-only real estate consultancy, has opened an office in Kraków.

Retail & leisure

Cities below 100,000 on the retail radar

schedule 21 August 2018
Anna Pakulniewicz

POLAND More than 180,000 sqm of retail space was added to the market in H1 2018 and another 330,000 sqm is expected to be completed by the year-end, according to Cushman & Wakefield’s MarketBeat report on the Polish retail market. The numbers represent an increase of over 25 pct y-on-y, bringing Poland’s total retail stock to more than 14.8 mln sqm. The new supply will be concentrated in cities with fewer than 100,000 inhabitants, accounting for 40 pct of this year’s openings.

Retail & leisure

Novel look for Terranova

schedule 21 August 2018
Anna Pakulniewicz

POLAND For its 30th anniversary, Italian fashion brand Terranova has unveiled its new look, with the first Polish store with the new layout to open in the Libero shopping centre in Katowice.

Warehouse & industrial

Logistics yields falls for the first time

schedule 21 August 2018
Anna Pakulniewicz

EUROPE The overall European logistics yield dropped 14 bps to 5.95 pct in Q2 2018, the first time it has fallen below 6 pct since Cushman & Wakefield began tracking the three main property sectors in 1992, according to the firm’s ‘DNA of Real Estate’ report.

Office & mixed-use development

Echo begins latest Browary building

schedule 21 August 2018
Opr./edited by TSG

POLAND Echo Investment has started the construction of Villa Offices, the second office building in its Browary Warszawskie development in Warsaw.

Investment & finance

Balmain now sole owner of BSC group

schedule 21 August 2018
Opr./edited by AC

CEE REGION Balmain Asset Management has purchased minority stakes in BSC Real Estate Advisors and BSC Property Management to become the sole owner of both companies.

Office & mixed-use development

2,000 leased in Malta Office Park

schedule 21 August 2018
Opr./edited by TSG

POLAND EPP has secured two new lease contracts for almost 2,000 sqm of office space in Malta Office Park in the central-east part of Poznań.

Warehouse & industrial

Warehousing taking off in the east

schedule 21 August 2018
Eurobuild CEE

POLAND In the first half of the year, 2.02 mln sqm of modern warehouse space was leased, of which 65 pct were new lease agreements and expansions, according to the latest Polish warehousing market report by Axi Immo.

Retail & leisure

Maxximum Stok

schedule 21 August 2018
Anna Pakulniewicz

POLAND Clothing chain TK Maxx has prolonged its lease of 2,445 sqm in the Sarni Stok shopping centre in Bielsko-Biała.

Investment & finance

How to prepare for the minimum tax

schedule 21 August 2018
Anna Pakulniewicz

POLAND The minimum tax is now calculated based on the initial value of a property minus PLN 10 mln for each building. The law that is to come into force is to change how this is calculated. PLN 10 mln is to be subtracted from a company's income. How to prepare for the law amendment says Justyna Bauta-Szostak, a tax adviser and partner at MDDP.

Hotels

Hotel and cinema in one

schedule 20 August 2018
Anna Pakulniewicz

POLAND Capital Park Group has opened a hotel at ul. Lektykarska 4 in Gdańsk’s Old Town.

RD Bud working on two Castoramas

schedule 20 August 2018
Opr./edited by AC

POLAND RD Bud has been chosen as the general contractor of the Castorama DIY store in Elbląg. The company is also refurbishing a store of thechain in Nowy Targ.

Architecture and urban planning

Zielone Tarasy instead of Galeria Wilanów

schedule 20 August 2018
Aneta Cichla

POLAND Globe Trade Centre (GTC) has amended the concept of the shopping centre that it is planning to develop in Warsaw's Wilanów district. The developer has begun the redesign of a new project under the working name Zielone Tarasy Wilanów.

Retail & leisure

Enel-Med enters Homepark

schedule 20 August 2018
Opr./edited by AC

POLAND An Enel-Med medical clinic is to open in Homepark Targówek in Warsaw at the beginning of 2019. The lease agreement for 1,000 sqm has been signed for a period of twelve years.

Technology

Dim and dimmer for slimmer bills

schedule 20 August 2018
Opr./edited by AZ

POLAND Budimex has published the results of tests of intelligent light fittings designed and manufactured by the Optical Electronics start-up it is co-operating with.

Green projects

Gold for all Adgar buildings

schedule 20 August 2018
Eurobuild CEE

POLAND All the office buildings owned by Adgar Poland are now LEED certified at the ‘Gold’ level.

Residential

Robyg starts selling in Praga

schedule 20 August 2018
Opr./edited by TC

POLAND Robyg has started the sales of apartments in its first project on Warsaw’s Praga side.

In Poland it’s all About You

schedule 20 August 2018
Eurobuild CEE

POLAND Online fashion retailer About You has launched its Polish website.

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