PL

News

Alior expands on ul. Łopuszańska

schedule 21 September 2017

POLAND Alior Bank has prolonged its lease and extended its Warsaw offices in the Łopuszańska Business Park complex in Warsaw’s Włochy district.

LC Corp to be sold?

schedule 21 September 2017

POLAND Open Finance, Leszek Czarnecki, LC Corp, Getin Noble Bank and Open Life TU Życie are planning to sell a 51.17 pct stake in LC Corp for a minimum price of PLN 2.05 per share.

Good times for Fashion House Bucharest

schedule 21 September 2017

ROMANIA Turnover went up by 12 pct in Fashion House Bucharest in H1 2017. The conversion rate (percent of visitors who buy) and average transaction value also bith increased by 1 ppct to 5 pct and 6 pct respectively.

Green projects

Varso with 'Gold' Well

schedule 21 September 2017
Alex Hayes
journalist

POLAND The Varso complex, which is under development by HB Reavis has been awarded, Well Core & Shell precertification with a rating of ‘Gold’ and is the first development in Europe to receive such certification.

Investment & finance

Arena goes to NEPI Rockcastle

schedule 21 September 2017

HUNGARY NEPI Rockcastle has acquired the Arena Plaza Shopping centre in Budapest for an aggregate purchase price of EUR 275mln.

Spar opens in three formats

schedule 21 September 2017

POLAND The Spar chain has opened three stores in Wodzisław Śląski, Mucharz and Łódź.

Infrastructure

EU to pay PLN 5 bln for Polish roads

schedule 21 September 2017

POLAND On September 11th 2017 a contract was signed to secure EU funding for the construction of 180 km of new roads with the money to come from the Infrastructure and Environment Programme.

Retail & leisure

Intermarché debuts in Warsaw

schedule 21 September 2017

POLAND Intermarché has opened its first Warsaw store in the city’s Ursynów district.

Eurobuild Awards

EA: The best office buildings chosen

schedule 21 September 2017
Anna Pakulniewicz

POLAND The Eurobuild Awards in Architecture were handed out during the second Eurobuild Architecture Festival on September 20th. There were five categories in the competition. In the first – the Office Building of the Year – the winner was chosen from five projects, which had reached the grand finals.

Office & mixed-use development

Travel into (Atrium) Garden

schedule 21 September 2017
Anna Pakulniewicz

POLAND Weco Travel, a company specialising in corporate travel, has moved into the Atrium Garden office building on al. Jana Pawła II in Warsaw. The company is to occupy nearly 1,000 sqm of office space on the seventh floor of the development.

West Link topped off

schedule 20 September 2017

POLAND Echo Investment has finished the structural work of the West Link office building which is being developed on ul. Na Ostatnim Groszu in Wrocław’s Fabryczna district.

Hotels

Korean Dragon awaits tourists

schedule 20 September 2017

WORLD The AccorHotels Group is preparing to open its biggest hotel complex in the world in South Korea.

Construction

Topping off by the river

schedule 20 September 2017

POLAND The topping off ceremony of Stage I of Deo Plaza has been held on ul Chmielna on Spichrzów island in Gdańsk with a number of representatives of the local authorities in attendance.

Strong performance by Echo

schedule 20 September 2017

POLAND Echo Investment has reported a consolidated net profit of PLN 187 mln for H1 2017 which compares to PLN 302 mln last year.

Interior design

Philips lights up Nike

schedule 20 September 2017

POLAND Philips has used state-of-the-art lighting in the Nike ForPro store on ul. Klimczaka in Warsaw.

Retail & leisure

Atut Ruczaj gets a KiK

schedule 20 September 2017

POLAND KiK is to open a 600 sqm discount store in the Atut Ruczaj centre, which is under construction on ul. Bunscha in Kraków.

Pix4D launches drone mapping for real estate

schedule 20 September 2017
Anna Pakulniewicz

WORLD Drone mapping software developer Pix4D has launched a system for creating 3D models using drones for the real estate market. The system integrates mobile devices, desktop computers, and cloud computing for flexible 3D model creation from drone flight to finish.

Warehouse & industrial

P3 steps up a gear in Poland

schedule 20 September 2017
Anna Pakulniewicz

POLAND Since the beginning of the year, P3 has completed the construction of 130,000 sqm of warehouse facilities in three parks; P3 Poznań, P3 Błonie and P3 Mszczonów. Almost all of the new space has already been leased. Additionally, the company has over 100,000 sqm under construction as well as further projects in the pipeline.

Wrocław on the rise

schedule 19 September 2017
Anna Pakulniewicz

POLAND Wrocław's office market grew rapidly in H1 2017, according to figures from JLL.

Office & mixed-use development

Skanksa starts work on Praga Studios

schedule 19 September 2017
Alex Hayes
journalist

CZECH REPUBLIC Skanska is starting the construction of the Praga Studios office project in the Prague district of Karlín.

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