News

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

Robyg moves to Włochy

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

Third stage begins for Nowa Przędzalnia

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

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

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

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

More flats available in Tęczowy Las

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

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

LC Corp buys Praga plot

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

Nathan North
managing editor (English section)

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

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

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

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.

A holiday on the beach

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

Interior design

Paradyż tiles on display in Kyiv

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

Anna Pakulniewicz

EUROPE Kärcher has cleaned the Votivkirche in Vienna.

Metropolitan Investment starts sales in Zakopane

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

2.5 mln people set to become land owners

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.

Nowa Grobla now habitable

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

EurobuildCEE

First stage of Nova Królikarnia complete