News

Four openings for KiK

schedule 03 October 2017
Aneta Cichla

POLAND The KiK discount clothes, toys and household goods chain has opened new stores in Wrocław and Chełm, while outlets in Tarnowo and Kędzierzyn-Koźle have reopened after renovations.

DSV stronger in Sosnowiec

schedule 03 October 2017
Eurobuild CEE

POLAND DSV Solutions is adding a total new area of 15,000 sqm to its premises in Sosnowiec. An additional area of 5,000 sqm has already been added to the space it occupies in Panattoni Park Sosnowiec, for industrial automation operations and just-in-time services.

Construction

Koneser racing to the finish

schedule 03 October 2017
Tomasz Cudowski
editor-in-chief

POLAND The Skarbnica residential building, which is being developed by BBI Development in Centrum Praskie Koneser in Warsaw, has been topped off.

Residential

Hane almost done

schedule 03 October 2017
Anna Pakulniewicz

ESTONIA Nordecon has reached the final stages of developing two small apartment buildings on Hane street in Tallinn’s Kristiine district. Both properties, at Hane 2 and Hane 2a, have three residential floors and 15 apartments.

Warehouse & industrial

Schöck relocates in Tychy

schedule 03 October 2017
Rafał Ostrowski
journalist

POLAND Construction insulation producer Schöck Group has leased 4,050 sqm of warehouse space in Segro Industrial Park Tychy 2.

Record-breaking orders for Strabag

schedule 03 October 2017
Anna Pakulniewicz

EUROPE The output volume of Strabag rose up by 10 pct in the first half of 2017. The company has an order pipeline at a record level of EUR 16.5 bln – and it is 7 pct more than in the same period of last year. Strabag has also confirmed its outlook for 2017 – it is aiming for higher output volume, while its EBIT margin has been targeted at over 3 pct.

Investment & finance

Pentagon sold

schedule 01 May 2017
Anna Pakulniewicz

LITHUANIA Icor has sold the Pentagon office building in Vilnius and the grounds around it to the Finnish company Technopolis for app. EUR 32 mln.

Office & mixed-use development

Bored Panda in an interesting park

schedule 03 October 2017
Anna Pakulniewicz

LITHUANIA Bored Panda, the viral content creating web magazine, joined the Vilnius Tech Park community.

Residential

EUR 100 mln to improve public space

schedule 03 October 2017
Anna Pakulniewicz

LITHUANIA Vilnius city council has approved a large-scale ‘Neighbourhood Territories’ revitalisation programme providing funds to 1,288 newly established neighbourhoods to improve their public space.

Office & mixed-use development

Foster designs Budapest tower

schedule 03 October 2017
Rafał Ostrowski
journalist

HUNGARY Hungarian multinational oil and gas company MOL Group is planning to relocate its corporate headquarters to MOL Campus, an 83,000 sqm complex to be built at the banks of Danube in the southern part of Budapest, close to its current HQ building.

Residential

Vastint down by the riverside

schedule 02 October 2017
Nathan North
managing editor (English section)

POLAND The foundation stone ceremony has taken place for the Riverview residential development in Gdańsk. Vastint Poland, the developer of the project, expects sale of the apartments to being in mid-2019, when the estate is completed.

Construction

West Station: the last stop

schedule 02 October 2017
Eurobuild CEE

POLAND The handover of the second office building one month ahead of schedule marked the completion of the construction of the West Station scheme next to the Warszawa Zachodnia station.

Property and Facility Management

Savills with GLL portfolio

schedule 02 October 2017
Anna Pakulniewicz

POLAND GLL Real Estate Partners investment fund has appointed Savills as its exclusive leasing agent for the Warsaw office portfolio.

Hotels

First Staybridge Suites in Poland

schedule 02 October 2017
Aneta Cichla

POLAND InterContinental Hotels Group has signed a contract that will lead to creation of Staybridge Suites Warsaw Ursynów – the first Staybridge Suites in Poland and the brand’s eighth property in Europe.

Investment & finance

Savills returns to Hungary

schedule 02 October 2017
Nathan North
managing editor (English section)

HUNGARY Savills has re-entered the Hungarian market by forming a partnership with property advisor Eston International.

Office & mixed-use development

Skyliner on its way – with another set to follow

schedule 02 October 2017

POLAND The groundbreaking plaque has been laid for the Skyliner office building on the Rondo Daszyńskiego roundabout in central Warsaw.

Warehouse & industrial

Lufthansa and GE fly a billion złoty in

schedule 02 October 2017
Tomasz Cudowski
editor-in-chief

POLAND The foundation stone ceremony has taken place for the Xeos aeroplane engine service and repair centre in Środa Śląska in Lower Silesia, which is being developed in a joint venture between Lufthansa Technik AG and GE Airplane.Investment costs will come to PLN 1 bln.

Office & mixed-use development

Re-Bau onto the Podium

schedule 02 October 2017
Eurobuild CEE

POLAND Re-Bau has been selected as the general contractor for the shell and core of building A of the Podium Park office complex, which is developed by Podium Investment in Kraków.

Residential

227 apartments in Ursus

schedule 02 October 2017
Tomasz Cudowski
editor-in-chief

POLAND Robyg has launched the sales of the 227 apartments in the fourth stage of the Stacja Nowy Ursus estate in Warsaw’s Ursus district.

Office & mixed-use development

LC Corp unveils retro-style project

schedule 02 October 2017
Ewa Andrzejewska

POLAND LC Corp has launched its Wola Retro office project at the junction of ul. Siedmiogrodzka and ul. Skierniewicak in Warsaw’s Wola district.

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