News

EUROPE Yit has taken over Finnish-based rival Lemminkäinen Corporation, a company active on the Russian market.

Residential

Pereca handed over

POLAND Matexi Polska has handed over the Pereca 11 residential building to its new owner, Bouwfonds Investment Management fund.

It's Orsom in Jaracz

POLAND Online marketing agency Osom Studio has moved into the Jaracza 47 Prestige tenement house in Łódź and the three current tenants have prolonged their contracts.

Lawyers enter Malachowskiego 2

POLAND The Jacek Kosiński Adwokaci i Radcowie Prawni law office has leased 600 sqm of office space in the pl. Małachowskiego 2 building in Warsaw.

Well takes on Buildings without Barriers

POLAND The ‘Building without Barriers’ certificate developed by the Integration Foundation has been accepted as an award that counts towards certification under the international Well system.

Delayed deals contribute to record Q1 investment

POLAND As a result of large portfolio transactions, the first quarter of 2018 on the Polish real estate investment market closed with a record investment volume of around EUR 2.05 bln, according to figures from Savills.

Hotels

Putting a bed in the office

POLAND MF Capital is converting an office building into a hotel.

Hotels

Five stars under renovation

POLAND Interior design studio Tétris is completing work on 8,500 sqm on 13 floors of the five-star Intercontinental Warsaw.

Retail & leisure

LPP still sprucing up brands in Rybnik

POLAND Three stops (Reserved, Mohito and Home&You) in the Rybnik Plaza shopping centre have been converted to new formats.

Investment & finance

Profits rising for BIK

POLAND Biuro Inwestycji Kapitałowych (BIK) has reported that in 2017 its revenue rose by 5.4 pct y-o-y to PLN 17.7 mln.

Robyg hopes to sell 3,300 apartments

POLAND Over Q1 this year, residential developer Robyg Group signed contracts on 914 units in Warsaw and Gdańsk, 23 fewer units than in the previous year.

Unibep builds Warsaw apartments

Property and Facility Management

POLAND Bielsk Podlaski based construction company Unibep is to construct a residential project at ul. J. Kaczmarskiego in Warsaw’s Mokotów district.

FBSerwis takes on another factory

POLAND FBSerwis will be responsible for the maintenance of the Neinver-owned Factory Annopol outlet centre.

Retail & leisure

New lease of life for Auchan Bydgoszcz

POLAND After nearly three months of work, Immochan Polska has completed the remodelling of the Auchan Bydgoszcz shopping centre.

Instal Lublin in Jarosław

POLAND CD Locum Inwestycje has selected Awbud subsidiary Instal-Lublin to complete the installation work for the Stara Ujeżdżalnia mall in Jarosław.

LC Corp announces results

POLAND The Wrocław-based developer LC Corp found buyers for a total of 873 apartments in Q1 which compares to 741 for the same period of the previous year.

Millennium still in Harmony

Rafał Ostrowski
journalist

POLAND Bank Millennium has prolonged its 7,500 sqm lease in one of the buildings of the Harmony Office Center second stage on ul. Żaryna in Warsaw’s Mokotów district until 2030. Knight Frank represented Spanish investment fund Azora Europa, which owns the building, while Cushman & Wakefield represented the tenant.

Yit looks down on Moscow from 17 storeys

RUSSIA Yit has started a residential project in Lytkarino, Moscow Oblast, Russia.

Hotels

Feel like an aristocrat

18 April 2018

LITHUANIA The Hotel Pacai of the Design Hotels chain is to open in the Pac Palace in the Old Town of Vilnius in May 2018.

He who casts the last stone