News

Green projects

Kopernik Office Builldings now green

schedule 20 June 2017
Alex Hayes
journalist

POLAND Warsaw’s Kopernik Office Buildings complex has received a BREEAM In-Use certificate with ‘Very Good’ ratings in both the asset performance and building management categories.

Programmed for hygiene

schedule 20 June 2017
Anna Pakulniewicz

EUROPE An innovative infrared controlled model with a thermostat and an optional module has been added to the Schell Vitus range of taps, enabling the fittings to be included in central building management systems.

Investment & finance

PKO BP to finance Sagittarius

schedule 20 June 2017
Rafał Ostrowski
journalist

POLAND Echo Investment has received a EUR 38 mln loan (including EUR 6 mln to pay VAT) from PKO BP for the construction of the Sagittarius Business House office project in Wrocław.

Green projects

Greener in Bielany Wrocławskie

schedule 20 June 2017
Eurobuild CEE

POLAND Bielany Business Point in Bielany Wrocławskie has acquired a BREEAM in-Use certificate. The project, which has been developed by Megapolis (a subsidiary of the Holding 1 group), is app. 50 pct leased.

Office & mixed-use development

Work starts on UBC 3

schedule 20 June 2017
Alex Hayes
journalist

ROMANIA Iulius has started construction work on a class A office building in its Openville mixed-use project in Timişoara.

Office & mixed-use development

Swarovski in loco in Yoko

schedule 20 June 2017
Tomasz Cudowski
editor-in-chief

POLAND The Yoko office building in the Garnizon complex in Gdańsk has been officially opened. The investor behind the project is Grupa Inwestycyjna Hossa, while the exclusive tenant of the building is Swarovski Global Business Services. Swarovski was advised by CBRE in the process of choosing the location for its global service centre.

Residential

Vermelo takes shape in Kraków

schedule 20 June 2017
Tomasz Cudowski
editor-in-chief

POLAND Finishing work has now started on the first stage of the Vermelo residential project, which Mota-Engil Real Estate Management is building in central Kraków. Work has also started on the second building.

Infrastructure

Olsztyn West reborn

schedule 20 June 2017

POLAND The Olsztyn Zachodni [West] station has reopened after extensive renovations. Thanks to the project by the Polish State Railways [PKP S.A.], the station is now fully-adapted for the disabled.

Office & mixed-use development

Polish BPO/SSC sector in bloom

schedule 20 June 2017
Rafał Ostrowski
journalist

POLAND According to the latest ABSL report, the employment in the modern business service sector in Poland increased by 32,000 (15 pct) from Q1 2016 to Q1 2017.

Retail & leisure

Biedronka replaces Alma in Tarasy

schedule 19 June 2017
Eurobuild CEE

POLAND Jerónimo Martins Polska is to open a 1,600 sqm Biedronka supermarket in the Tarasy Zamkowe shopping centre in Lublin.

Office & mixed-use development

City Level looks to expand after Vector +

schedule 19 June 2017
Rafał Ostrowski
journalist

POLAND Infinity subsidiary City Level has budgeted around PLN 100 mln to develop its flagship project, the Vector+ office building at the junction of al. Prymasa Tysiąclecia and ul. Obozowa in Warsaw’s Wola district.

Residential

Osiedle Mieszko to be built in Grochów

schedule 19 June 2017
Eurobuild CEE

POLAND Victoria Dom is to develop Osiedle Mieszko in Warsaw’s Grochów district with 150 apartments. Prices start at PLN 6,690 per sqm while delivery is scheduled for Q1 2019.

Retail & leisure

Uniwersam Centralnyj undergoing renovation

schedule 19 June 2017
Eurobuild CEE

BELARUS The Uniwersam Centralnyj shopping centre in Brest is currently undergoing a USD 2 mln renovation.

Poseidon to open retail park in Leskovac

schedule 19 June 2017
Alex Hayes
journalist

SERBIA UK-based property investor Poseidon Group will develop a Capitol Park retail park in Leskovac.

Tikkurila to build factory in St Petersburg

schedule 19 June 2017
Rafał Ostrowski
journalist

RUSSIA Finish paint producer Tikkurila has signed a letter or intent to buy a 7 ha plot in the Greenstate Industrial Park, 2 km south of St Petersburg.

Hotel chains see potential in startup RoomChecking

schedule 19 June 2017
Anna Pakulniewicz

EUROPE Astotel Group, Maurice Hurand Hotels and BPI have invested a seed capital of EUR 750,000 in, a hotel communications, housekeeping and maintenance system startup, reports ehotelier.com.

Investment & finance

EPP concludes purchase of three malls

schedule 19 June 2017
Rafał Ostrowski
journalist

POLAND Echo Polska Properties has bought three shopping centres in Poland, including Twierdza in Kłodzko, Twierdza in Zamość and Wzorcownia in Włocławek, from real estate funds managed by Blackstone for EUR 141.60 mln.

Office & mixed-use development

Plaza sells up to Ryszard Grzyb

schedule 19 June 2017
Alex Hayes
journalist

POLAND Plaza Centers has announced that it has signed the final sale agreement for a 2.47 ha plot in the centre of Kielce for EUR 2.28 mln.

Redan keeping its head above water

schedule 19 June 2017
Eurobuild CEE

POLAND/UKRAINE Clothing retail group Redan has reported turnover of PLN 54 mln for May – 2 pct lower than a year ago. However, the figures for its TXM discount segment still reflect issues with the adequate stocking of these stores, although this situation has seen some improvement.

Office & mixed-use development

Koneser expands office section

schedule 19 June 2017
Tomasz Szpyt-Grzegórski

POLAND More office space is to be added to the commercial section of Centrum Praskie Koneser in Warsaw’s Praga Północ district.

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