News

Architecture and urban planning

POLAND Echo Investment has reported the sales results of its residential segment for February.

POLAND Budimex and Sky Tronic are working on creating a drone to survey buildings in 3D. The two companies are to develop and autonomous moving measuring platform called 3D Flight Explorer FLC, which will precisely map objects in real time and with minimal operator participation.

Training sessions from 2019

LITHUANIA An aqua park in the Leszczyniaki district [Liddynai], which was designed by the consortium of companies: Infes, Slangen + Koenis International, Cloud Architektai, Sweco Lietuva, is to be opened at the end of 2018 and early 2019.

Retail & leisure

Spring opening for Tychy

POLAND The first shopping centre in Tychy is to open on March 21st. The construction of Gemini Park has taken almost two years.

Residential

Vilda Park begins

POLAND BPI Real Estate Poland has launched apartment sales for its Vilda Park project in Poznań, which it is developing in a joint venture with Acteeum.

Rank Progress and Vantage can work together

POLAND The Office of Competition and Consumer Protection has approved the founding of companies by Vantage Development and Rank Progress in order to implement the first stage of a joint development venture in Wrocław.

Construction

310-metre crane to ‘land’ in Warsaw

POLAND Herkules is to supply a 310m tower crane to the construction site of the Varso Tower in Warsaw having been subcontracted by Warbud, which is working on the HB Reavis project.

Office building in Radom for sale

POLAND The Administrator social housing association in Radom has put up for sale an office building at ul. Wjazdowa 4A in Radom.

Technology

Sleeping on the phone

HUNGARY The four-star KViHotel in Budapest has been opened and is the first hotel with services that can all be controlled via a smartphone app. KViHotel (Key Vision) is at 32 Nyár street in district 7.

Budimex on Biskupia Górka

Office & mixed-use development

POLAND Budimex is to build the Biskupia Górka flyover in Gdańsk.

More than half of Cedet is leased

POLAND Immobel announced that it has rented over half of the office space in its Cedet project in Warsaw.

Investment & finance

Cromwell sells Polish shopping centres

Tomasz Szpyt-Grzegórski

POLAND Cromwell Property Group is selling its Polish retail real estate portfolio.

Subsidies for renovation of monuments anew

POLAND PLN 28 mln was reserved in the budget of Warsaw for co-financing the renovation of monuments in 2018. For the first time applications for subsidies for renovation may be submitted by owners and administrators of real estate entered into the record of monuments, and not only to the register of monuments.

Residential

Last such year?

Tomasz Cudowski
editor-in-chief

POLAND It was another record year for residential developers. Sales of new apartments increased by over 17 pct y-o-y in the six largest Polish cities. It is possible, however, that a correction of sales results might be necessary in the next few years, claim experts from Reas, which published its next quarterly report entitled ‘Residential market in Poland’.

Hotels

Hotel in hospital

LITHUANIA Orkela intends to transform the buildings of the former St. Jacob Hospital into a hotel. New office buildings are also to be built.

Retail & leisure

Leisure in Białka Tatrzańska

POLAND Sun & Snow has started selling holiday apartments in an apartment project in Białka Tatrzańska. The completion of the first stage is planned for the summer of 2018.

Interior design

Metamorphosis of Joanna Hawrot’s boutique

POLAND The boutique of Joanna Hawrot on ul. Kopernika in Warsaw has been refurbished. The designer Joanna Hawrot, who is famous for designs of kimonos and evening dresses, has focused on a modern design and colours.

Warehouse & industrial

Concrete in new, smaller interior

LITHUANIA Morionis of Kaunas is to redevelop a warehouse at ul. Metalo 8a in Vilnius.

Pomerania subsidizes industrial parks

POLAND Pomerania Development Agency (ARP) has announced a grant competition for local governments and companies that plan to create investment areas and industrial zones. The main goal of the competition is to create industrial parks gathering micro, small and medium companies.

Technology

Polish company in the finals of Ideas from Europe