News

Hotels

Radisson signs 20-year Deo deal

schedule 03 August 2018
Anna Pakulniewicz

POLAND The Hotel Deo Plaza hotel on the Spichrzów Island in Gdańśk is to be part of the Radisson chain, with the group having signed a 20-year contract with Zbigniew Nowak, the investor behind the Deo Plaza mixed-use complex.

Próchnik officially bankrupt

schedule 03 August 2018
Eurobuild CEE

POLAND Próchnik has been officially declared bankrupt.

More dredging at Port of Gdańsk

schedule 03 August 2018
Eurobuild CEE

POLAND Doraco has signed three contracts with the Port of Gdańsk Authority worth a total of PLN 105 mln to extend and deepen the port as well as modernise the road and railway system and rebuild the quays.

TriCity eyeing up 1 mln sqm target

schedule 03 August 2018
Eurobuild CEE

POLAND The TriCity could soon join Warsaw, Kraków and Wroclaw as the fourth office market in Poland with a modern office stock of over 1 mln sqm.

Metropolitan has land to build on

schedule 03 August 2018
Aneta Cichla

POLAND Metropolitan Investment has extended its land bank with three plots in Siedlce, Ostrów Wielkopolski and Warsaw’s Wawer district. The plots, which were sold as a block, have a combined area of 4.7 ha.

Retail & leisure

Higher turnover for Les Mousquetaires

schedule 03 August 2018
Eurobuild CEE

POLAND Les Mousquetaires have recorded a turnover of PLN 3.6 bln for H1 2018, up by 6.7 pct y-o-y.

Residential

Robyg moves to Włochy

schedule 03 August 2018
Eurobuild CEE

POLAND Robyg has begun apartment sales for its City Sfera project in Warsaw’s Włochy district.

Residential

Third stage begins for Nowa Przędzalnia

schedule 03 August 2018
Eurobuild CEE

POLAND The Murapol Group has launched the third stage of its Nowa Przędzalnia project in Łódź, which is being developed on the site of a former cotton mill on ul. Wróblewskiego.

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
managing 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.

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