News

Investment & finance

Credit for Radom retail park

POLAND Financing has been secured for Biura Inwestycji Kapitałowych and Quantum Developments’ Galeria nad Potokiem retail park development in Radom.

Office & mixed-use development

Knight Frank to lease Pin Park

POLAND Knight Frank has been appointed sole leasing agent for the Pin Park business park development by Probuild on ul. Fabryczna in Wroclaw.

LG Chem pushes up Polish investment

POLAND Korean producer of lithium-ion batteries LG Chem is planning to invest USD 387 mln (almost PLN 1.4 bln) in the development of its Polish business, the Korean information agency Yonhap reports.

Retail & leisure

Vans for Ikea customers

POLAND Ikea Kraków customers may rent delivery vans under the Traficar car sharing scheme.

MoneyGram in West Station II

POLAND MoneyGram, a global innovative financial transfer services provider, will open its second office in Warsaw in the West Station II building. The company will lease 1,300 sqm in the office property recently developed by HB Reavis. Knight Frank represented MoneyGram in the negotiations.

Konzum to take over Appeninn

HUNGARY Real estate holding Appeninn has informed the Budapest Stock Exchange that a number of companies from the Konzum group (Konzum Befektetési Alapkezelő, Konzum Management and Konzum PE Magántőkealap) have launched a joint takeover bid of the company.

Two companies invest in Warmia and Mazury SEZ

POLAND Polish manufacturer of doors and windows Porta is to build a logistics and warehouse base in the Warmia and Mazury Special Economic Zone.

Office & mixed-use development

Synexus takes final office space in Łużycka 3c

POLAND Synexus, which specialises in clinical research services, has signed a ten-year lease for 968 sqm in the Łużycka Plus office building on ul. Łużycka 3C in Gdynia from Allcon Investments.

Events

More fundraising for Polish Business Run

POLAND All those involved in the Poland Business Run Foundation charity relay race have an additional opportunity to support the physically disabled. The foundation has organised the ‘Support after the Start’ in eight Polish cities in Poland, which started on the September 3rd.

Interior design

Tétris refurbishes Pekao entrance

POLAND Tétris has finished the refurbishing the entrance hall in the Lipowy Office Park complex in Warsaw, where Pekao bank is headquartered.

Hotels

Leonardo alters the picture

Anna Pakulniewicz, ‘Eurobuild Central & Eastern Europe’: The JM Hotel in Warsaw has been acquired by Leonardo Hotels to become the first hotel of the chain in Poland. What is your development strategy for Poland and the region? Paulina Kołodziejczyk, general director, Leonardo Royal Hotel Warsaw: The decision to enter the Polish market was really made at the last minute. Initial negotiations took place in November last year. That was when we decided to take over the JM hotel on ul. Grzybowska. The first quarter of operations was very fruitful. I expected this because I know the Polish market, so I was not afraid of taking up the challenge. However, the Leonardo group has been positively surprised. We have enjoyed much better results compared to other hotels in Central Europe – such as in Berlin, or Prague, where we have had the Nyx hotel for a year, and Budapest.

Wrocław malls expand their horizons

POLAND The saturation of retail space in Wrocław and its satellite towns now amounts to 822 sqm per 1,000 inhabitants and there are now 19 shopping centres with a combined 663,000 sqm in this area, according to a report just published by Colliers International.

Goldbeck seeks Comfort

POLAND German construction company Goldbeck is planning to acquire Comfort – a Polish manufacturer of precast concrete elements.

Warehouse & industrial

Tarzan entrance for Megamag Rostov-on-Don

RUSSIA The PandaPark rope park, with nine rope courses for all age groups, has leased 4,100 sqm of space in the Megamag shopping complex in Rostov-on-Don.

Just Gym starts out in Płock

POLAND The first Just Gym fitness club has opened in the Auchan Płock shopping arcade in Płock.

Investment & finance

Wikana granted loan for Rzeszów estate

POLAND A subsidiary of Wikana (Wikana Prim) has acquired a construction loan from Mbank Hipoteczny for the construction of six buildings of the Zielone Tarasy estate in Rzeszów.

Sponsored article

Financing session with EBRD at 7th PLGBC Green Building Symposium

Retail & leisure

Papa John’s comes to Poland

POLAND American pizzeria chain Papa John’s has announced its plans for entering Poland, Kazakhstan and Kyrgyzstan.

Office & mixed-use development

Intro to Beethovena work

POLAND Echo Investment has started the preparation work – the construction of a fence and temporary facilities – on the building site of the first stage of its project on ul. Beethovena in Warsaw’s Służew district.

‘Warsaw without Barriers’ competition announced

POLAND The Friends of Integration Association has announced the ‘Warsaw Project without Barriers’ competition promoting architectural accessibility for the disabled.