News

Office & mixed-use development

Pramerica to enter Equator

schedule 06 August 2018
Anna Pakulniewicz

POLAND Life insurer Pramerica Życie TUiR has leased 750 sqm of space on the sixth floor of the Equator IV office building owned by Karimpol Group and will move in in December.

Retail & leisure

Just here with Tuż Tuż

schedule 06 August 2018
Anna Pakulniewicz

POLAND Arcona Capital has started to rebrand its RECE Skwery Handlowe centres under its newly created Tuż Tuż brand.

Investment & finance

Atrium sold

schedule 06 August 2018
Alex Hayes
journalist

POLAND AEW Europe has sold the Atrium Tower office building at al. Jana Pawła II 25 in Warsaw to the VIG Fund of the Vienna Insurance Group for an undisclosed sum.

Residential

Apartment sales begin for Moje Miejsce

schedule 06 August 2018
Alex Hayes
journalist

POLAND Apartment sales have begun for the first residential section of the Moje Miejsce project under development by Echo Investment on ul. Beethovena in Warsaw and the first handovers should take place in 2020.

Warehouse & industrial

Vacancy continues to slide on Czech industrial market

schedule 06 August 2018
Nathan North
managing editor (English section)

CZECH REPUBLIC Total modern warehouse space in the Czech Republic currently totals 7.37 mln sqm, almost 170,700 sqm of which was delivered to the market in Q2 2018 – according to the Industrial Research Forum.

Interior design

Ted serves coffee in Timişoara

schedule 06 August 2018
Alex Hayes
journalist

ROMANIA Ted’s Coffee is to open its first café in Timişoara on the ground floor of the United Business Center 3 office building over an area of 110 sqm.

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.

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