News

Murapol plans Gdynia estate

schedule 15 March 2017

POLAND Murapol has purchased the right of perpetual usufruct to a plot in Gdynia, where it plans to develop an estate with 630 apartments with a combined area of 30,400 sqm.

The profits of being green

schedule 15 March 2017
Eurobuild CEE

POLAND The implementation of ecological standards in office buildings results in an average of 30 pct less electricity used and annual savings of around PLN 0.5 mln, according to the ‘Energy Consumption in Office Buildings’ report published by Skanska, GO4Energy and Cushman & Wakefield.

Residential

Dom Development from the sea to Silesia

schedule 14 March 2017
Tomasz Cudowski
editor-in-chief

POLAND Dom Development has announced its plans for 2017, including its expansion onto the Wrocław market and details on the acquisition of part of the Euro Styl group.

Investment & finance

Futureal Group and Erste Bank sign credit agreement

schedule 14 March 2017
Alex Hayes
journalist

HUNGARY Futureal Group has signed a ten-year credit agreement for EUR 45.1 mln with Erste Bank to finance the development of the Corvin 5 office building in Budapest.

Residential

Supernova explodes onto Kraków scene

schedule 14 March 2017
Tomasz Cudowski
editor-in-chief

POLAND Cordia, part of Futureal group, has obtained the final building permit for the Supernova estate on ul. Lema in Kraków.

Retail & leisure

Bigger Kler in City Meble

schedule 14 March 2017
Anna Pakulniewicz

POLAND Kler has extended its furniture store in the Galeria Wnętrz City Meble interior design centre in Gdańsk to more than 1,000 sqm, the largest outlet of the chain in northern Poland.

Ghelamco Invest plans bonds issue

schedule 14 March 2017
Eurobuild CEE

POLAND Ghelamco Invest is planning to issue PLN 100 to PLN 160 mln of bonds, and the total value of the company’s issue programme could eventually reach PLN 400 mln.

Retail & leisure

Manufaktura announces more changes

schedule 14 March 2017
Anna Pakulniewicz

POLAND Among the changes that have just been announced for the Manufaktura shopping centre in Łódź this year, one of the most important ones will involve the refurbishment of its food court.

Office & mixed-use development

Work begins on Wadowicka 3

schedule 14 March 2017
Tomasz Cudowski
editor-in-chief

POLAND Grupa Buma has started another project in Kraków’s Podgórze district.

Residential

Wola 01 on its way

schedule 14 March 2017
Tomasz Cudowski
editor-in-chief

POLAND Budimex Nieruchomości has started the sale of apartments in the Wola 01 estate at ul. Redutowa 25 in Warsaw.

Office & mixed-use development

Finishing touches at Bałtyk

schedule 14 March 2017
Eurobuild CEE

POLAND Work on the façade of the Bałtyk office building in Poznań is nearing completion.

Residential

Budimex builds Gdańsk residential building

schedule 14 March 2017
Tomasz Szpyt-Grzegórski

POLAND Budimex began construction work on the Garden Gates residential project in Gdańsk on March 6th.

Office & mixed-use development

Foundation stone laid for Varso project

schedule 14 March 2017
Eurobuild CEE

POLAND The foundation stone ceremony was held by HB Reavis for the Varso project on March 2nd.

Warsaw’s ring road grows

schedule 14 March 2017
Tomasz Cudowski
editor-in-chief

POLAND Construction work on another section of Warsaw’s expressway ring road has begun.

Carrefour supports retail start-ups

schedule 14 March 2017
Eurobuild CEE

POLAND Carrefour has launched a retail business incubator.

Awbud prepares to build for BIK

schedule 14 March 2017
Tomasz Szpyt-Grzegórski

POLAND Biuro Inwestycji Kapitałowych has signed a letter of intent with Awbud for the construction of a warehouse building.

More apartments with saunas in Tallinn

schedule 28 November 2016
Anna Pakulniewicz

ESTONIA Pro Kapital subsidiary Marsi Elu and Nordecon are to construct a new residential estate on a 12 ha plot on Sõjakooli Street within Tallinn’s Kristine.

Investment & finance

GalCap buys Budapest office building

schedule 13 March 2017
Nathan North
managing editor

HUNGARY Vienna-based investment manager GalCap Europe has bought the Merkúr Palota (the Mercury Palace) office building in Budapest VI from a private investor for an undisclosed sum.

Echo aims to raise PLN 300 mln from bonds

schedule 13 March 2017
Eurobuild CEE

POLAND Echo Investment is considering a bond issue of up to PLN 300 mln or its equivalent in euro. The management of the board has passed a resolution over this issue and a prospectus has been submitted to the Polish Financial Supervision Authority.

EurobuildCEE

New Yorker still in Arkady

schedule 13 March 2017
Eurobuild CEE

POLAND Clothing brand New Yorker has prolonged its lease in Arkady Wrocławskie, where it occupies almost 1,100 sqm on the first floor of the centre.

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