News

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

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

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

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

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

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

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

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

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

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

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

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.

Murapol in Skarbiec

POLAND The Murapol group has purchased a stake of over 32.9 pct totalling 2,251,152 shares in Skarbiec Holding, which owns the associated Skarbiec TFI investment funds.

More apartments on ul. Grójecka

POLAND Grupo Lar has appointed Erbud as the general contractor of the second stage of the Grójecka 2016 residential project in Warsaw in a PLN17.3 mln contract.

Residential

Angel River rises out of the ground

POLAND Construction work on the Angel River residential project in Wrocław’s Przedmieście Oławskie district has reached the base stage with the completion of the three-level underground car park.

Public buildings

Skydiving in Katowice

Eurobuild CEE

POLAND Flyspot has opened its second vertical wind tunnel in Poland in Katowice at ul. Chorzowska 100 in an investment of PLN 28 mln.

Erbud to build Nordic Astrum

POLAND A consortium of Erbud and Ekonova has been appointed as the general contractor for the Nordic Astrum residential and service building in Bydgoszcz.

Glass SSC in Katowice

POLAND American glass manufacturer Guardian Industries has opened the Guardian Business Solutions shared service centre in Katowice to service its Polish and Russian affiliates.

Knight Frank takes on Maraton

POLAND Knight Frank has been appointed to manage the Maraton building in Poznań by building owner Union Investment.

Investment & finance

Penta refinances Mokotów project