PL

News

Secure Property Development & Investment sells Terminal Brovary

schedule 21 October 2016
Alex Hayes
journalist

UKRAINE Secure Property Development and Investment has sold its Terminal Brovary warehouse in Kiev to Temania Enterprises for over USD 16 mln.

Residential

Merks to build Riga apartment block

schedule 21 October 2016
Alex Hayes
journalist

LATVIA Merks, part of the Merko Ehitus group is to build a residential building at Cēsu 9 in Riga.

Office & mixed-use development

Work on Promenade Gardens begins

schedule 21 October 2016
Alex Hayes
journalist

HUNGARY The cornerstone has been laid for the Promenade Gardens office building in Budapest by Horizon Development.

OTZ in Bucharest West

schedule 21 October 2016
Alex Hayes
journalist

ROMANIA Logistics provider OTZ has leased 20,000 sqm in CTPark Bucharest West.

Retail & leisure

Argo to extend Era Park Iași

schedule 21 October 2016

ROMANIA Argo Capital Property plans to extend and reposition the Era Park Iași retail park for one of its funds in an investment of EUR 33 mln.

GE to invest in aircraft engine HQ

schedule 21 October 2016
Alex Hayes
journalist

CZECH REPUBLIC General Electric and Czech Republic government officials have signed an investment agreement to build GE’s new turboprop headquarters in the Czech Republic.

Office & mixed-use development

Wolf Theiss stays in Mokotowska Square

schedule 21 October 2016
Adam Zdrodowski

POLAND Law firm Wolf Theiss has renewed its lease agreement for more than 1,000 sqm of office space in the Mokotowska Square building in central Warsaw.

Office & mixed-use development

Media Markt in BC140 in Budapest

schedule 21 October 2016
Adam Zdrodowski

HUNGARY Media Markt has signed a long-term lease agreement for almost 2,900 sqm of office space in the BC140 building in Budapest.

Record residential supply in Prague

schedule 21 October 2016
Adam Zdrodowski

CZECH REPUBLIC A total of 3,350 apartments in 47 projects were completed in Prague in the first half of this year with a further 3,200 units expected to be delivered in the city in H2, according to the latest data from JLL.

Retail & leisure

No building permit for Galeria Wilanów

schedule 20 October 2016
Tomasz Szpyt-Grzegórski

POLAND Hanna Gronkiewicz Waltz, the mayor of Warsaw, has failed to grant a building permit for Globe Trade Centre’s Galeria Wilanów project.

Retail & leisure

Karuzela spins around faster

schedule 20 October 2016
Ewa Andrzejewska

POLAND The Karuzela retail park in Turek, which currently has an area of 5,350 sqm, is to be extended by an additional 2,500 sqm next year.

Warehouse & industrial

Jas-Fbg enters Centrum Logistyczne Kraków Kokotów-Brzegi

schedule 20 October 2016
Tomasz Szpyt-Grzegórski

POLAND Logistics operator Jas-Fbg logistic has signed a 2,700 sqm lease, which includes a 2,500 sqm cross docking area, with 7R Logistic. The tenant is to move into the second building that is being developed in the Kraków Kokotów-Brzegi logistics centre in February 2017.

New Smyk in 2017

schedule 20 October 2016
Anna Pakulniewicz

POLAND Children’s goods store Smyk is the latest tenant to lease space in Dekada Ciechanów, Dekada’s eleventh shopping centre, which is currently under construction.

Construction

Groundwork moving on at KTW

schedule 20 October 2016
Tomasz Szpyt-Grzegórski

POLAND Work has begun at al. W. Roździeńskiego 1 in Katowice on reinforcing the ground for the KTW I skyscraper, which has been under construction for the last three months.

Retail & leisure

More restaurants in Wisła

schedule 20 October 2016
Anna Pakulniewicz

POLAND The foodcourt in the Galeria Wisła shopping centre in Płock is to be extended.

Office & mixed-use development

Skanska now building Arkada Business Park

schedule 20 October 2016
Ewa Andrzejewska

POLAND General contractor Skanska began construction work on the Arkada Business Park office complex on ul. Fordońska in Bydgoszcz in September.

Retail & leisure

VIVO! Krosno construction to get underway

schedule 20 October 2016
Adam Zdrodowski

POLAND Austrian investor and developer Immofinanz is to launch construction work on the VIVO! Krosno shopping centre in Krosno in the coming weeks.

Residential

Radius speeds up

schedule 20 October 2016
Anna Pakulniewicz

POLAND Radius Projekt, which has a land bank for the construction of 5,000 apartments, has announced the development of a few estates in Warsaw.

Office & mixed-use development

Atrium IBC in Warsaw under refurbishment

schedule 20 October 2016
Adam Zdrodowski

POLAND The Atrium International Business Center office building in Warsaw is now being refurbished, with the work expected to be completed in the first quarter of next year.

Warsaw office stock now exceeds 5 mln sqm

schedule 20 October 2016
Adam Zdrodowski

POLAND The completion of West Station I, the only office project delivered in Warsaw in Q3 2016, has brought the total modern office stock in the city to 5,017,000 sqm, according to the latest data from the Polish Office Research Forum (PORF).

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