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Office & mixed-use development

Three towers from Ghelamco at PLN 850 mln

schedule 09 January 2017
Tomasz Szpyt-Grzegórski

POLAND Ghelamco Poland is to be the general contractor of three skyscrapers as part of the Warsaw Hub project (formerly known as Sienna Towers).

KB Dom to build apartments

schedule 09 January 2017
Tomasz Szpyt-Grzegórski

POLAND JHM Development has commissioned Korporacja Budowlana Dom to construct two buildings as part of an estate in Żyrardów in a contract worth PLN 16.4 mln.

Out.Let debuts in Agora Bytom

schedule 09 January 2017
Eurobuild CEE

POLAND An Out.Let store has entered the Agora mall in Bytom with a lease of 107 sqm.

Warehouse & industrial

Schnug Polska moves into MLP Pruszków II

schedule 09 January 2017
Alex Hayes
journalist

POLAND Logistics company Schnug Polska has signed a lease of nearly1,500 sqm of warehousing space including 100 sqm of office space at MLP Pruszków II owned by MLP Group.

Fifth Avenue still world's most expensive high street

schedule 09 January 2017
Anna Pakulniewicz

WORLD New York’s Upper 5th Avenue remains the world’s most expensive high street, just ahead of Hong Kong’s Causeway Bay.

Solid outlook for retailers

schedule 09 January 2017
Anna Pakulniewicz

POLAND In 2016 Poland’s total retail floor space was set to increase to 11.26 mln sqm. According to the ‘Poland Retail Market View Q4 2016’ report by CBRE, 17 new projects and 12 extensions, were to deliver around 390,000 sqm to the market, of which more than 280,000 sqm was scheduled for completion in the last quarter of 2016.

Office & mixed-use development

ZF TRW sets up in Łódź

schedule 09 January 2017
Alex Hayes
journalist

POLAND Automotive supplier ZF TRW has leased almost 2,400 sqm of office space in Symetris Business Park in Łódź, which was developed by Echo Investment.

Txm lists on stock exchange

schedule 09 January 2017
Anna Pakulniewicz

POLAND On December 29th, discount clothing store chain Txm issued PLN 20 mln worth of shares on the Warsaw Stock Exchange representing 8.8 pct of the voting rights in the company and 12 pct of the increased capital stock of the firm.

Investment & finance

Murapol strengthens position in Toruń and Katowice

schedule 09 January 2017
Eurobuild CEE

POLAND Murapol Group has completed the purchase of land in Toruń on ul. Strobanda and has acquired a plot in Katowice on ul. Bytkowska.

Getin finances Soho Verbel project

schedule 09 January 2017
Ewa Andrzejewska

POLAND Soho Verbel, the developer of the Soho Factory residential project in Warsaw’s Praga Południe district, has been granted an investment loan from Getin Noble Bank worth PLN 22.7 mln.

Construction

Totalbud deals with a cosy Witosa Point

schedule 09 January 2017
Eurobuild CEE

POLAND Totalbud has been appointed as the general contractor of the six-storey Witosa Point office building on ul. Idzikowskiego and ul. Sobieskiego in Warsaw.

Technopolis Ülemiste granted EUR 11 mln loan

schedule 09 January 2017
Anna Pakulniewicz

ESTONIA Technopolis Ülemiste has been granted an EUR 11 mln loan by Swedbank to finance the construction of a 13-storey office building in the Ülemiste City business district in Tallinn.

JLL to manage Swan

schedule 05 January 2017
Anna Pakulniewicz

ROMANIA JLL has been appointed as the property and asset manager of the Swan Office & Technology Park in Bucharest.

Hillwood started near Wrocław

schedule 05 January 2017
Tomasz Szpyt-Grzegórski

POLAND Rex-Bud has been appointed as the general contractor of a warehouse building in Bielany Wrocławskie and started the construction work.

Investment & finance

North-West Logistic Park finally changes hands

schedule 05 January 2017
Eurobuild CEE

POLAND American investor Exeter Property Group has finalised the purchase of the North-West Logistic Park in Szczecin.

Technology

Schüco offers SimplySmart door

schedule 05 January 2017
Anna Pakulniewicz

EUROPE The Schüco ADS SimplySmart door is designed for smart buildings where security and heating efficiency are a priority.

Residential

Scandinavian style living in Całowanie

schedule 05 January 2017
Eurobuild CEE

POLAND A private investor has begun construction work on 139 all-year holiday homes in the village of Całowanie (located 35 km from Warsaw).

CBRE to manage M7’s Hungarian portfolio

schedule 05 January 2017
Rafał Ostrowski
journalist

HUNGARY M7 Real Estate, a company that has recently entered the Hungarian market with the acquisition of two retail centres and an industrial hall, has selected CBRE to manage and lease its new portfolio.

P3 sale completed

schedule 05 January 2017
Rafał Ostrowski
journalist

EUROPE The EUR 2.4 bln acquisition of warehouse developer P3 by Singapore’s sovereign wealth fund GIC from TPG Real Estate and Ivanhoé Cambridge has been completed after the granting of official approval by EU regulators. The deal represents one of the largest European real estate transactions of 2016.

Investment & finance

Echo sells Cracovia to Ministry of Culture

schedule 05 January 2017
Rafał Ostrowski
journalist

POLAND The Ministry of Culture and National Heritage has bought the former Cracovia hotel building in Kraków from Echo Investment for PLN 29 mln plus VAT. The new owner plans to use the property as the location for The National Museum’s gallery of design and architecture.

Edition 4 (287) April 2024

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