News

Office & mixed-use development

Tenants expanding in Opera

schedule 23 May 2018
Rafał Ostrowski
journalist

POLAND Sharow Capital has signed five lease renewals and one new lease in its Opera Office building in Gdańsk.

Early Easter good for hotels

schedule 23 May 2018
Anna Pakulniewicz

POLAND Europe’s hotel industry reported increases across the three key performance metrics during April 2018, according to data from STR. Occupancy in Europe rose by 1.5 pct to 73.2 pct, with ADR rising by 2.9 pct to EUR 108.03 and RevPAR up by 4.4 pct to EUR 79.13.

Office & mixed-use development

Baltic next to Domus

schedule 23 May 2018
Anna Pakulniewicz

LITHUANIA Baltic Horizon Fund has completed the acquisition of 0.87 ha next to the Domus Pro complex in Vilnius, which is currently owned by the fund.

Budapest amongst leaders

schedule 23 May 2018
Anna Pakulniewicz

HUNGARY The CEE hotel market has seem rapid growth over the last three years both in terms of hotel performance and transaction volumes due to the rapid expansion of the tourism industry. Within the region, the Budapest hotel market has seen exceptional growth, with RevPAR growth outpacing other capital cities in the region, according to Colliers International's latest hotel market study.

Office & mixed-use development

Concentrate on Advanced Business

schedule 23 May 2018
Anna Pakulniewicz

BULGARIA Synnex Corporation subsidiary Concentrix, which is involved in global business services, has leased 11,500 sqm of office space with a 225 sqm terrace and 220 parking spaces in Advance Business Center I in Sofia from GTC Bulgaria. The contract includes the option to expand the lease by 2,900 sqm. Advance Business Center I is currently under construction and is planned to be completed in Q1 2019.

European retail development slows down

schedule 23 May 2018
Eurobuild CEE

EUROPE The rate of shopping centre development in Europe is slowing, with completions down 23 pct year-on-year at 3.8 mln sqm in 2017, according to Cushman & Wakefield’s European Shopping Centres report.

Office & mixed-use development

Arquitectonica to design Liberty Tower

schedule 23 May 2018
Rafał Ostrowski
journalist

POLAND Golub GetHouse has selected New York based studio American Arquitectonica as the designer of the Liberty Tower skyscraper to be built in Warsaw’s Wola district.

Hotels

The Clark opens in Budapest

schedule 23 May 2018
Anna Pakulniewicz

HUNGARY Hotel Clark has been built in the centre of Budapest by Market Építő on a plot that had been vacant for seventy years. The design is by Australian architect Anthony Gall.

Residential

Nexity starts building Life Town

schedule 22 May 2018
Eurobuild CEE

POLAND Nexity is starting apartment sales in the second stage of the LifeTown project in Warsaw.

Architecture and urban planning

Oława river banks to be rebuilt

schedule 22 May 2018
Eurobuild CEE

POLAND Plans for the revitalisation Oława embankment in Wrocław have been presented by Wrocławska Rewitalizacja.

LPP expands

schedule 22 May 2018
Eurobuild CEE

POLAND Polish fashion retailer LPP will increase its sales area in Poland, but company intends to close smaller and less profitable stores.

Office & mixed-use development

Stone laid under Imagine

schedule 22 May 2018

POLAND Avestus Real Estate has laid the foundation stone for its Imagine project in Łódź.

Retail & leisure

Media Markt takes over Saturn

schedule 22 May 2018

POLAND Household electronics retailer Saturn will change its colours and become part of the Media Markt chain. MediaMarktSaturn Polska, which owns both brands, decided to integrate its sales channels under one brand.

Office & mixed-use development

Bull comes to Sky Tower

schedule 22 May 2018
Eurobuild CEE

POLAND Mobile game developer T-Bull studio has leased an office in the Sky Tower in Wrocław.

Warehouse & industrial

Industrial hall to be built by fruit preserve producer

schedule 22 May 2018

POLAND Rolnicza Spółdzielnia Produkcyjna Dąbrówka, a regional producer and distributor of vegetable and fruit preserves, has commissioned the construction of 5,000 sqm of production and warehousing space next to the S11 expressway near Poznań.

Residential

Symbioza arises in Kraków

schedule 22 May 2018
Eurobuild CEE

POLAND Apartment sales in the Osiedle Symbioza project in Kraków’s Czyżyny district have started with the launch of construction on the first of four buildings at ul. Sołtysowska S37a.

Office & mixed-use development

Cedet complete, skyscraper to follow

schedule 22 May 2018
Eurobuild CEE

POLAND Immobel Poland has completed the revitalization and extension of the Cedet mixed-use at ul. Krucza 50 in Warsaw and the company has also laid the foundation stone for the Central Point skyscraper.

Office & mixed-use development

BGŻ BNP Paribas stays in Avatar

schedule 22 May 2018
Anna Pakulniewicz

POLAND BGŻ BNP Paribas bank has renewed its lease for 8,500 sqm of office space in the Avatar building owned by Azora Europa in Kraków.

Events

Cycling for cancer

schedule 21 May 2018
Eurobuild CEE

POLAND Office workers from the Ambassador and Nestle House buildings, two Warsaw office buildings managed by Hines Polska, took part in the fourth annual BikeDay campaign organised by Bike2Box.

Technology

The phone is the key

schedule 21 May 2018

POLAND Homeit, which is a Portuguese IT system created to meet the needs of the short-term rental market, is coming to Poland.

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