News

POLAND The Regional Directorate for Environmental Protection in Warsaw has issued a decision which approves project execution and determines conditions of the construction of a 180-metre tall skyscraper in Warsaw’s Wola district.

Construction

Podium Park in the car park

POLAND Work related to the construction of a two-storey underground car park in A building of the Podium Park office complex in Kraków is in progress. The construction of the complex at the junction of al. Jana Pawła II and ul. Izydora Stella-Sawickiego started in September 2016, the redevelopment of the technical network and infrastructure as well as the construction of diaphragm walls finished in November.

Residential

More Zdrojowa in Świnoujście

POLAND The Zdrojowa group of Kołobrzeg has started the sale of apartments in Baltic Park Fort. The complex of apartment buildings which will be located in Świnoujście between the beach and the main seaside promenade is to be opened in the summer of 2018.

Premiere of Rawline Scala in Poland

POLAND Carpet studio, the exclusive distributor of the Edge brand in Poland is introducing the Rawline Scala collection of wall-to-wall carpets, which is inspired by clothing fashion from various decades and cultural circles.

Neokoncept of Neonet

POLAND Neonet is opening a shop in the Inbag shopping centre in Lubań – it will be the first outlet of the chain in Poland to be designed in accordance with an innovative design which is to significantly improve the comfort of shopping.

Strabag wins EUR 96 mln preparation work

SLOVAKIA State-owned company MH Invest has chosen Strabag subsidiary for the EUR 96 mln preparation work of the construction of Jaguar Land Rover automotive plant at Nitra Industrial Park in western Slovakia.

Investment & finance

Griffin prepares to float its platform

POLAND Griffin Real Estate’s property platform Griffin Premium RE is planning an initial public offering on the Warsaw Stock Exchange.

Hotels

Number One to start soon

POLAND Dekpol is finishing the construction of a three-storey hotel on Spichrzów Island in Gdańsk. The company has reported that the work is over 95-pct complete, the investor is submitting acceptance documents to appropriate bodies and the facility should acquire an occupancy permit soon.

Axxiome finds place in Wrocław

POLAND The Axxiome international consulting company has finished choosing its new headquarters in Wrocław.

Residential

Nowe Żerniki like 90 years ago

POLAND Atal has marketed the second stage of the Atal Nowe Żerniki project. This part of the building will involve the construction of seven buildings which will include 218 apartments and 14 service outlets.

Marvipol and Panattoni have a loan

POLAND PDC Industrial Center 60 – an SPV company of Marvipol and Panattoni – has obtained a loan for a warehouse project in Warsaw. The loan for the construction of a logistic and warehouse centre was provided by MBank. It consists of a construction loan of EUR 26.8 mln (or 70 pct of the property’s market value), an investment loan of up to EUR 29 mln (or 70 pct of the property’s market value) and a VAT loan of up to PLN 20 mln.

Construction

Next stage of Gemini Park Tychy

Office & mixed-use development

POLAND The construction of the Gemini Park Tychy shopping centre is on schedule and it is entering the next stage. Work related to the finishing of the building is currently in progress. The developer of the facility, Gemini Holding, is planning to open the centre in autumn 2017.

Altus attracts Arvato

Office & mixed-use development

POLAND BPO company Arvato Polska, part of Bertelsmann, has occupied app. 1,000 sqm of space in the Altus mixed use building in the centre of Katowice.

Immofinanz improves occupancy rate in Bucharest

ROMANIA The occupancy rate in Bucharest portfolio of Immofinanz has increased from 88 to 94 pct.

Neinver recertifies all European centres

EUROPE Spanish retail property developer Neinver has completed the green recertification process of all its European outlet centres.

Warehouse & industrial

Park in Rajhard fully leased

CZECH REPUBLIC Czech manufacturer of school and stationary products Karton P+P has leased 7,000 sqm of space in VGP’s industrial park in Rajhrad near Brno. Cushman & Wakefield represented the tenant during the transaction.

New duet in Północna

POLAND Tenants of Galeria Północna which is being developed in Warsaw, have been joined by Boot Store and Carry.

Modern fitness in Retro Office House

POLAND Retro Office House in Wrocław has extended its service offer – Fitness Academy will occupy an area of app. 1,200 sqm on the ground floor of the building.

Platan in Zabrze to get bigger

POLAND Rockcastle is preparing for the extension and modernization of the shopping centre in Zabrze. The project will cost app. EUR 40 mln.

Hotels

Harward for student and investor