News

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.

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

Office & mixed-use development

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.

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

Office & mixed-use development

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

POLAND The foundation stone for the Neon building, which represents the last stage of the Alchemia business complex in Gdańsk, has been laid.

Records broken by Les Mousquetaires

POLAND Société Les Mousquetaires, which runs the franchise chains of Intermarché and Bricomarché in Poland, recorded sales of PLN 7.1 bln in 2017, over 8.5 pct more than in the previous year.

Investment & finance

Growthpoint to buy into GPRE

POLAND Growthpoint Properties, a REIT listed on the Johannesburg Stock Exchange, has agreed to subscribe for shares in Griffin Premium RE (GPRE).

Real estate investment market in 2018 will see the next record

POLAND "The investment market in Poland is doing well. This year, just like the last three years, will be another record year. There have been a lot of properties put up for sale since the end of 2017," told us Dariusz Forysiak, associate director, retail investment services, Colliers International.

Hotels

Polish and Czech hotels on the radar

EUROPE CBRE has published the CBRE Hotels European Investor Intentions Survey, which shows Poland and the Czech Republic being among the top ten countries for hotel investment. Investors are still eager to invest this year could see even higher volumes than in 2017.

Stokrotka to become Lithuanian

Rafał Ostrowski
journalist

POLAND The Office of Competition and Consumer Protection (UOKiK) has approved the takeover of WSE-listed Emperia, which is the owner of the Stokrotka grocery chain, by Lithuanian-based Maxima Grupe which also owns the Aldik and Sano chains in Poland.

Coccodrillo still drinking the new year's champagne

POLAND CDRL, the owner of children’s clothing brand Coccodrillo, recorded a revenue of PLN 12.3 mln in March, which represents an 8 pct rise on the same month of the previous year. The company’s online revenue for the month was up by 14 pct y-o-y to PLN 1.6 mln.

Hebes open in Immochan centres

Eurobuild Conferences

POLAND Two 300 sqm Hebe drugstores are to open in two shopping centres: Auchan Bielany in Wrocław and Galeria Łomianki in Warsaw.

Interior design

Tech on the 34th floor

POLAND HL Tech, which develops IT software for the Hargreaves Lansdown group, has officially opened its offices in the Warsaw Spire.

150th Bricomarché in Poland – and more to come