POLAND According to a report prepared by Christie & Co, the number of tourists using hotels in Poland increased by 86 pct from 2006 until 2015.
POLAND Upper Finance has raised PLN 5 mln through the issue of three-year bearer bonds for a company from the 7R Logistic capital group. This is the third issue from which 7R Logistic has acquired funds. The money will make it possible to expand the Kraków-Kokotów logistics park that was launched in December 2015.
POLAND A cigarette factory in Augustów is set to become one of the largest manufacturing plants of British American Tobacco (BAT) in the world. The BAT factory is to be extended because some of its production is being moved from Germany to Poland (following the closure of its plant in Bayreuth). The extended factory in Augustów will offer more than 200 extra jobs.
POLAND Polnord has issued unsecured O-series bonds as part of a private issue. They are worth PLN 20 mln and were all taken up by two financial institutions.
Warehouse & industrial
POLAND Auto Partner, an importer and distributor of car components, is to extend the warehouse and office area the company occupies in two warehouse parks, MLP Bieruń and MLP Pruszków II, by nearly 19,000 sqm.
Residential
POLAND Mennica Polska (the Polish Mint) has officially launched the construction of the first stage of the Mennica Residence – a residential project in Warsaw’s Wola district.
POLAND Marvipol, a WSE-listed residential developer, concluded a preliminary contract with Veolia Energia Warszawa concerning the purchase of a property on ul. Lizbońska in Warsaw’s Saska Kępa district and has also acquired a plot on ul. Topiel in Powiśle.
POLAND Dom Development has purchased 100 pct of the shares in Fort Mokotów Inwestycje from Qualia Development for PLN 133.5 mln.
Warehouse & industrial
POLAND Biuro Inwestycji Kapitałowych (BIK) has obtained a building permit for the third stage of Śląskie Centrum Logistyczne in Sosnowiec.
POLAND Lokum Deweloper of Wrocław has purchased a 3.9 ha plot on ul. Walerego Sławka in Kraków for PLN 40 mln. Lokum is planning to build a superior standard multifamily estate.
EUROPE In H1 2016 Orbis had a double-digit growth of its Rev PAR index (10.2 pct) compared to H1 2015 thanks to higher operational indexes across Eastern Europe (an increase of the occupancy rate by 1.9 percentage points and the average price per room by 6.9 pct), reports the hotel operator.
Green projects
POLAND Rondo 1 office building in central Warsaw has received LEED Platinum certification.
Retail & leisure
POLAND Echo Investment has started the design work for the redevelopment of Galeria Veneda in Łomża.
POLAND The vacancy ratio on the Warsaw office market is to stay at 15-16 pct during the second half of the year, according to the latest Marketview report by CBRE. The agency expects that the market will grow in total by 454,500 sqm in 30 new buildings by the end of the year.
Office & mixed-use development
POLAND Skanska Property Poland is already building the ground floor of its latest office project in Wrocław.
POLAND Cathay Pacific, the flag carrier of Hong Kong, has leased 1,500 sqm in the Aleja Pokoju 5 office building in Kraków’s CBD. The tenant will open the fourth hub of its Global Contact Centre network in the new premises.
POLAND C.H. Robinson is to move its operations to a logistics park in Bydgoszcz, which has been delivered by Panattoni Europe, and it will lease an area of 4,360 sqm.
Residential
POLAND Sawa Apartments is entering the market of high-end medical and wellness centres for clients who are 55 years of age or older. Its first project will be carried out in Zegrze Północne (Serock administrative district, Legionowo county) on Lake Zegrzyńskie, while the second project will be a luxury medical centre in Warsaw.
POLAND According to Knight Frank, nearly 40 pct of Warsaw vacancies are in office buildings located in a central location. This is the effect of an oversupply provided by developers in the city centre, the Żoliborz district and along Al. Jerozolimskie.
POLAND Komfort, a chain of shops offering flooring materials, has opened its latest outlet in the Nowy Świat shopping centre at ul. Krakowska 20 in Rzeszów.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
Strabag Romania has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new office prope ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
Shopee is ending its operations in Poland. The Asian e-commerce platform, which debuted in Poland in 2021, intends to focus on operations in other reg ...
Two buildings completed as part of the first phase of Good Point V, an investment by Real Management, have received the final BREEAM International New ...
Who won this year's 14th edition of the Eurobuild Awards? The jury and guests gathered at the Double Tree by Hilton hotel in Warsaw chose this year's ...
The December edition of Eurobuild is full of events and emotions, market news and expert opinion pieces. Enjoy your reading!
Today, we bring you another brief recording from Expo Real 2024. Tune to listen to our experts' opinions. and immerse yourself in the event's atmosphe ...
The 13th JLL Real Estate Beach Volleyball Charity Tournament, which took place earlier this month, has raised over PLN 800,000 to build the third Rona ...
After a long break, we invite you to hot episode of the "Eye to eye" podcast! Today we talk with Władysław Grochowski, the head and founder of Arche.
The UN Nansen Refugee Award award will go to Poland for the first time. According to the office of the UNHCR High Commissioner this year's regional wi ...
Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation ...
The first The Cloud One Hotel in Warsaw is set to open in the Upper One complex, offering over 360 rooms.
Jarosław Szanajca plans to resign from the position of president of the management board of Dom Development at the end of the year and join the superv ...
The Warsaw - Łódź stretch will be the first section of the High Speed Railway in Poland. It is on this route that a new station will be built in Brzez ...
Viterra has moved into its new 1,500 sqm offices in Olivia Prime, part of the Olivia Centre business complex in Gdańsk. The Design Anatomy studio is ...
Panattoni has finalized the sale of one of its Silesian investments. Generali Fond Realit (fund of Generali Group) company purchased Panattoni Park Za ...
CTP has agreed to a EUR 155 mln deal to acquire an industrial site spanning over 830,000 sqm in Düsseldorf, North Rhine-Westphalia. The seller is Vall ...
Peninsula Property is an investor and development company that builds high-quality, thoughtfully designed apartment buildings, boutique residences and ...
BNY, the global financial services provider, has moved its Polish office to the Centrum Południe building in Wrocław. The company has taken 20,000 sqm ...
Colliers has taken over the management of the Studio B office building located in the Warsaw Wola district. The property is owned by Stena Real Estate ...
The University of Warsaw has signed a contract with the general contractor for a project at ul. Bednarska 2/4. The new building will house the faculti ...
Nearly 1,500 flats in six stages will be built in Wrocław as part of the Apartamenty Krakowska project being developed by Robyg on land adjacent to th ...
A new retail park with a total area of 24,000 sqm is set to be developed in Otwock under the name Świderek. The investment will be led by Redkom Devel ...
Velis Real Estate Tech is officially changing its name to Singu, adopting the title of its property management product. The rebranding aims to both re ...
7R will develop a technology and production hub on the site of Kraków's ‘Ruszcza’ Logistics and Industrial Centre. The 230,000 sqm investment will be ...
