News

Construction

PLN 40 mln subsidy for Gdynia revitalisation

schedule 14 June 2017
Eurobuild CEE

POLAND Gdynia has received almost PLN 40 mln in EU subsidies for the revitalisation of three districts: Chylonia, Oksywie and Witomin-Radiostacja.

Investment & finance

NEPI acquires Serdika

schedule 14 June 2017
Alex Hayes
journalist

BULGARIA New Europe Property Investments has purchased the mixed-use Serdika Center development in Sofia subject to the approval of the Bulgarian competition authorities.

Office & mixed-use development

Equator IV rises from the ground

schedule 14 June 2017
Alex Hayes
journalist

POLAND General contractor Warbud has started construction work on the ground floor of the Equator IV building being developed by Karimpol on Aleje Jerozolimskie in Warsaw's Ochota district.

Office & mixed-use development

Yareal delivers first Neopark building

schedule 14 June 2017
Alex Hayes
journalist

POLAND The first of two buildings in the Neopark business park being developed by Yareal in Warsaw’s Mokotów district has been granted an occupancy permit.

Maxi Cosi opens flagship store in Katowice

schedule 14 June 2017
Alex Hayes
journalist

POLAND Maxi-Cosi, a producer of car seats and pushchairs, has opened its flagship store in Katowice over an area of 160 sqm in the Galeria Katowicka mall.

Office & mixed-use development

Co-working and Brexit boost offices

schedule 14 June 2017
Eurobuild CEE

POLAND The real estate advisor Savills has listed trends in the office market in Warsaw. The most important observation is the creation of a new group of tenants – co-working space operators, which generate an increasing share of demand. Also, as a result of Brexit, up to 4,000 new jobs can be created in Warsaw and the falling unemployment rate will increase the importance of office space in attracting best talents.

Retail & leisure

Tesco announces store closures

schedule 13 June 2017
Tomasz Szpyt-Grzegórski

POLAND Tesco has announced plans to close down nine stores in Poland by mid-September.

Mirbud to build police HQ for PLN 16 mln

schedule 13 June 2017
Eurobuild CEE

POLAND Mirbud has won a PLN 15.88 mln gross contract for the construction of the new regional police headquarters in Wałcz.

Residential

More topping off at Europejskie estate

schedule 13 June 2017
Tomasz Cudowski
editor-in-chief

POLAND Two more buildings have been topped off on the Osiedle Europejskie estate in Gorzów.

Residential

Permit for Żoli Żoli estate

schedule 13 June 2017
Tomasz Cudowski
editor-in-chief

POLAND Okam has obtained the final building permit for the Żoli Żoli estate`in Warsaw's Żoliborz district.

Inter Cars opens Zakroczym centre

schedule 13 June 2017
Eurobuild CEE

POLAND Inter Cars has opened a PLN 200 mln logistics centre in Zakroczym, 45 km north-west of Warsaw.

P.A. Nova to renovate Globus

schedule 13 June 2017
Tomasz Szpyt-Grzegórski

CZECH REPUBLIC A Polish company has been awarded a contract for the redevelopment of the Globus shopping centre in Brno.

Tallinn architectural competition announced

schedule 13 June 2017
Alex Hayes
journalist

ESTONIA Tallinna Kaubamaja Grupp has announced, an architectural competition in cooperation with the city of Tallinn planning department and the Estonian Association of Architects to renew the city’s Kaubamaja quarter.

Retail & leisure

First Spar in Olkusz

schedule 13 June 2017
Magda Rachwald

POLAND Quick Park in Olkusz, which is to open next year, has secured Spar as its supermarket anchor.

Bond issue for Globalworth with planned Polish market entry

schedule 13 June 2017
Alex Hayes
journalist

CEE REGION Globalworth Real Estate Investment has successfully priced EUR 550 mln Eurobond issue, which is to mature on 20th June 2022 and carries a fixed interest rate of 2.875 pct payable annually beginning on 20th June 2018.

AEW to spend pensioners’ money

schedule 13 June 2017
Alex Hayes
journalist

EUROPE AEW is to set up a pan-European portfolio of commercial and residential real estate assets for a German pension fund, which has made an initial commitment of EUR 100 mln.

First closing of Internos Hotel Fund II

schedule 13 June 2017
Anna Pakulniewicz

EUROPE Fund manager Internos Global Investors has announced the first closing of its second hotel real estate fund with EUR 133 mln in equity from seven German institutional investors. All but one of these seven investors had already invested in Internos’ first hotel real estate fund which has recently reached EUR 500 mln of assets under management.

Retail & leisure

Creative space in Magnolia Park

schedule 12 June 2017

POLAND Siemacha Spot, an 800 sqm creative space for young people, has opened in the Magnolia Park mall owned by Multi Poland in Wrocław.

Aircraft engines from Rzeszów

schedule 12 June 2017

POLAND Aeroplane engine component producer MB Aerospace Rzeszów has extended its production plant within the Rzeszów subzone of the Euro-Park Mielec Special Economic Zone.

Leases on ul. Sienna

schedule 12 June 2017

POLAND Directpl has leased 828 sqm in the Warsaw Towers office building in Warsaw while a number of other tenants have chosen to increase the size of their offices.

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