News

Infrastructure

Chance for Kraków metro subsidy

schedule 06 March 2017
Eurobuild CEE

POLAND A chance has arisen for a subsidy to be granted to Kraków for a feasibility study for the construction of a fast, collision-free system of municipal rail transport.

Retail & leisure

Rockcastle looking for more acquisitions and extensions

schedule 06 March 2017
Tomasz Szpyt-Grzegórski

POLAND South African investor Rockcastle is considering acquisitions worth EUR 1.2 bln in H1 this year.

Investment & finance

Westin sale done and dusted

schedule 06 March 2017
Tomasz Szpyt-Grzegórski

POLAND Skanska has finalised the sale of the Westin hotel in Warsaw to Al Sraiya of Qatar. The hotel changed hands on February 15th in a transaction worth EUR 65 mln.

Interior design

Sushi at the Spire – designed by Majkut

schedule 06 March 2017
Anna Pakulniewicz

POLAND The interior of the Wabu Sushi & Japanese Tapas bar, which has just opened on the ground floor of one of the Warsaw Spire buildings on Plac Europejski, has been designed by Robert Majkut.

Retail & leisure

Serenada for Zara

schedule 06 March 2017
Eurobuild CEE

POLAND A Zara clothing boutique has opened in the Serenada shopping centre in Kraków.

Retail & leisure

Retail park underway in Oława

schedule 06 March 2017
Eurobuild CEE

POLAND The Saller group has obtained a permit for the construction of a retail park in Oława, with the work is to start at the end of this quarter.

Retail & leisure

Stalchemia comes to Siedlce

schedule 06 March 2017
Eurobuild CEE

POLAND The 6,200 sqm Stalchemia retail park is currently being developed on ul. Wyszyńskiego in Siedlce.

Retail & leisure

Netto refurbishes and opens new stores

schedule 06 March 2017
Eurobuild CEE

POLAND Netto has started an extensive modernisation programme for its network of Polish stores.

Retail & leisure

Starbucks chooses Libero

schedule 06 March 2017
Eurobuild CEE

POLAND Coffee shop chain Starbucks has leased 110 sqm in the Galeria Libero shopping centre in Katowice. POLAND, Starbucks, Katowice, Patryk Kozakiewicz, Starbucks Polska, Mofo Architekci, Galeria Libero

Investment & finance

Invesco buys Sheraton in Kraków

schedule 06 March 2017
Rafał Ostrowski
journalist

POLAND Invesco Real Estate has acquired Wawel Holding, the owner of the five star Sheraton Grand Kraków Hotel, for EUR 70 mln.

Office & mixed-use development

Hotel occupancy rises across CEE

schedule 06 March 2017
Rafał Ostrowski
journalist

CEE REGION In 2016 the key performance indicators in the CEE hotel market exhibited considerable growth, according to Cushman & Wakefield.

Office & mixed-use development

Imperia energised by American batteries

schedule 06 March 2017
Rafał Ostrowski
journalist

RUSSIA American battery manufacturer Energizer has occupied 600 sqm in the Imperia business centre on Presnenskaya Naberezhnaya in Moscow-City.

Hyatt in search of investor

schedule 06 March 2017
Tomasz Cudowski
editor-in-chief

BELARUS The unfinished Hyatt Regency hotel has been put up for auction in Minsk with as statrting price of just over USD 40 mln.

Pegaz in Wrocław gets fuller

schedule 06 March 2017
Tomasz Szpyt-Grzegórski

POLAND The Pegaz building in Wrocław, which was built by UBM and put into operation in June 2016, is 80-pct leased.

Technology

Full size The Warsaw Hub on a hologram

schedule 06 March 2017
Tomasz Szpyt-Grzegórski

POLAND Ghelamco Poland has made the first 1:1 scale virtual presentation in Poland of a design of new project in Warsaw. The visualization of The Warsaw Hube can be viewed from the 41st floor of the Warsaw Spire skyscraper.

Construction

Cromwell Property Group appoints contractor to extend Janki shopping centre

schedule 06 March 2017
Anna Pakulniewicz

POLAND Cromwell Property Group has appointed Strabag to extend the Centrum Janki shopping centre on the southwestern outskirts of Warsaw. After the extension work, the centre will comprise 100,000 sqm of retail space – altogether 21,000 sqm and 71 new units are to be added to the centre, bringing the total area up to 100,000 sqm.

Office & mixed-use development

City Level to build Vector

schedule 05 March 2017
Rafał Ostrowski
journalist

POLAND City Level, which is affiliated with development and construction company Profbud, has started construction work on the Vector+ office complex in Warsaw’s Wola district. The work will take around 20 months, with its opening is scheduled for the beginning of 2019.

Office & mixed-use development

Work in progress on Piotrkowska

schedule 03 March 2017
Rafał Ostrowski
journalist

POLSKA Master Management Group is developing the tallest building in Łódź. The 19-storey building will make a part of the Piotrkowska 155 mixed-use complex, currThe opening of the complex has been planned for Q1 2018ently under construction

New hotel in Sopot with free of charge sandwich

schedule 03 March 2017
Anna Pakulniewicz

POLAND The Focus Hotels Polish chain which belongs to the Immobile capital group, is to open a hotel in Sopot. It is the third facility of the brand in TriCity. The hotel at ul. 1 Maja 7 will have 70 rooms.

Construction

NDI to build new Rotunda

schedule 03 March 2017
Tomasz Szpyt-Grzegórski

POLAND NDI was chosen by PKO BP as the general contractor of the revitalization project of Rotunda in Warsaw. The bank handed the area over to the general contractor, which has already enclosed the site. The construction work is to start in Q1 2017.

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