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News

Warsaw’s Miodowa to regain old glory

schedule 03 June 2015
Tomasz Szpyt-Grzegórski

POLAND Renovation work on ul. Miodowa in Warsaw is to be started by the Municipal Roads Authority at the beginning of June.

Second Ghelamco bond issue

schedule 05 June 2015
Aneta Cichla

POLAND Ghelamco is starting subscriptions for the second issue of bonds for individual investors in the company’s history.

Office & mixed-use development

Echo relaunches Łódź project

schedule 05 June 2015
Tomasz Szpyt-Grzegórski

POLAND Echo Investment has presented a new concept for its office project at al. Piłsudskiego 86 in Łódź, which has up to now been known as Aurus.

Office & mixed-use development

Dentsu Aegis Network Polska moves to new Czerniaków offices

schedule 05 June 2015
Tomasz Szpyt-Grzegórski

POLAND The Dentsu Aegis Network Polska group has moved to an office building on ul. Czerska in Warsaw’s Czerniaków district.

Office & mixed-use development

I2 Development to renovate former Wrocław hospital

schedule 05 June 2015
Tomasz Szpyt-Grzegórski

POLAND Wrocław-based I2 Development has revealed its plans for the development of the 2.6 ha site of the former Babiński hospital in the centre of the city.

Residential

Okam enters final lap in Dolina Trzech Stawów

schedule 05 June 2015
Aneta Cichla

POLAND Okam Capital has started the construction of 56 apartments in the second and final stage of the Dom w Dolinie Trzech Stawów project in Katowice.

Construction

Kryształ Powiśla underway

schedule 05 June 2015
Tomasz Szpyt-Grzegórski

POLAND The foundation stone has been laid for the Kryształ Powiśla mixed-use development in Warsaw.

Retail & leisure

Carry to open in Fabryka Wołomin

schedule 03 June 2015
Aneta Cichla

POLAND Fashion retailer Carry is set to open its store in Fabryka Wołomin, a shopping centre which is currently being developed by the Park Handlowy Wołomin company.

Erbud to pay out 2014 dividend

schedule 03 June 2015
Aneta Cichla

POLAND Polish construction company Erbud has decided to pay dividend for 2014 to its shareholders.

Budimex wins large Bydgoszcz contract

schedule 03 June 2015
Tomasz Szpyt-Grzegórski

POLAND Budimex has signed a contract with SPX Flow Technology Poland on the construction of a 30,000 sqm production hall in Bydgoszcz. The property, which will serve as a machine factory, is set to be erected on a 10-ha plot.

Warsaw underground constructors to build ring road

schedule 02 June 2015
Tomasz Szpyt-Grzegórski

POLAND General Directorate of National Roads and Motorways (GDDKiA) has chosen three contractors for Warsaw’s Southern Ring Road. The project will be built by Warbud and two companies which in the past took part in building the central section of Warsaw’s underground, Astaldi and Gϋlermak.

Investment & finance

Atal to debut on Warsaw Stock Exchange

schedule 02 June 2015
Aneta Cichla

POLAND Atal will become listed on the Warsaw Stock Exchange in mid-June. The development company aims to raise app. PLN 160 mln for financing its investments this way.

Warehouse & industrial

Deal sealed for Budapest logistics park

schedule 02 June 2015
Agata Kłapeć

HUNGARY The 18,000 sqm Innove Business Park logistics complex in Budapest has been sold to an open-ended retail fund managed by Diófa Fund Management.

Technology

Westfield mall opens up to retail-tech tenants

schedule 02 June 2015
Agata Kłapeć

UNITED STATES Shopping centre developer Westfield has officially opened Bespoke, the co-working, event and technology showcase space designed to foster a retail-tech community and support retail innovation at Westfield San Francisco Centre. The new concept aims to provide an opportunity for entrepreneurs and retailers to research, collaborate, trial and debut work all within the shopping mall.

Hotels

First Ibis Styles in Vilnius to open in July

schedule 02 June 2015
Anna Pakulniewicz

LITHUANIA Orbis Hotel Group is opening its first Vilnius hotel under the Ibis Styles brand.

BPO giant expands in Gdańsk

schedule 02 June 2015
Eurobuild CEE

POLAND Mumbai-headquartered outsourcing company Wipro has leased 2,400 sqm of space in the second stage of the Alchemia office complex in Gdańsk. The new tenant will move into the fifth and sixth floors of the Ferrum building by the end of 2015.

Office & mixed-use development

MetLife moves to Quadrio

schedule 02 June 2015
Nathan North
deputy editor

CZECH REPUBLIC Insurance group MetLife Europe has leased and moved into 2,500 sqm of office space in the Quadrio multi-functional complex in central Prague.

Łódź revitalization strategy comes into force

schedule 01 June 2015
Aneta Cichla

POLAND Łódź’s City Council has adopted the updated “New Centre of Łódź” programme which assumes the economic, social as well as functional and spatial revitalization of the city’s centre by 2030.

Retail & leisure

Five LPP brands land in Poznań tenement house

schedule 01 June 2015
Aneta Cichla

POLAND Polish fashion retail group LPP is set to open stores for all of its brands in a tenement house at ul. Półwiejska 2 in Poznań.

Office & mixed-use development

Renaissance Tower signs new tenant

schedule 01 June 2015
Aneta Cichla

POLAND Mobica Limited will move into Warsaw’s Renaissance Tower office building in May. The new tenant will take up app. 1,900 sqm of space over the next five years.

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