News

High five for J.W. Construction

schedule 07 September 2016

POLAND In H1 this year, the J.W. Construction Holding Group recorded a net profit of PLN 26.1 mln, a more than five-fold increase on the same period of the previous year (PLN 5.1 mln).

Investment & finance

Luxembourg Echo

schedule 07 September 2016
Tomasz Szpyt-Grzegórski

POLAND/LUXEMBOURG/RSA Shares in Echo Polska Properties (EPP) have been listed on the Luxembourg Stock Exchange.

Hotels

Hotel complex for Malbork

schedule 07 September 2016
Tomasz Szpyt-Grzegórski

POLAND A new hotel and conference complex is to be built on ul. Parkowa in Malbork.

Kristensen takes a shine to Karpacz

schedule 07 September 2016
Tomasz Szpyt-Grzegórski

POLAND Kristensen Group is planning to build a third estate in Karpacz and has purchased a 3 ha plot on ul. Partyzantów in the town.

Revenue boost for Central Park

schedule 07 September 2016
Eurobuild CEE

POLAND Capital Park has reported consolidated operating revenue of PLN 50.72 mln for H1 this year, which compares to PLN 36.13 mln for the same period of the previous year.

Unibep to stay in Miasto Wola

schedule 07 September 2016
Tomasz Szpyt-Grzegórski

POLAND Construction company Unibep has been appointed as the general contractor for the fourth stage of Miasto Wola in Warsaw.

Construction

PA Nova to build for IKEA

schedule 07 September 2016
Tomasz Szpyt-Grzegórski

POLAND IKEA has appointed PA Nova via a competitive tender to be the general contractor for a shopping centre on al. Spółdzielczości Pracy in Lublin.

Office & mixed-use development

Nineteen contracts for Immofinanz

schedule 07 September 2016
Eurobuild CEE

POLAND Between mid-June and the beginning of July, Immofinanz leased a total area of app. 10,000 sqm including renewals to 19 tenants in eleven buildings.

Ronson increasing Poznań land bank

schedule 07 September 2016
Adam Zdrodowski

POLAND Ronson Development plans 300-apartment project in Poznań.

Office & mixed-use development

Sixth Bonarka for Business building officially opened

schedule 07 September 2016
Adam Zdrodowski

POLAND TriGranit has added 10,000 sqm gla to its growing Kraków office complex.

Retail & leisure

Erbud to build shell of Libero

schedule 06 September 2016
Alex Hayes
journalist

POLAND Erbud has been appointed by Echo Investment to be the general contractor for the shell of Galeria Libero on ul. Tadeusza Kościuszki in Katowice.

Segro share issue to boost expansion

schedule 02 September 2016
Adam Zdrodowski

EUROPE Segro hoping to generate GBP 340 mln from latest share issue, wants to fund new development opportunities.

Erbud to build a hotel

schedule 04 August 2016
Rafał Ostrowski
journalist

POLAND The Erbud group has signed contracts concerning the construction of the Seaside Park health resort and hotel complex on ul. Przesmyk in Kołobrzeg as well as the Mokotów Business & Airport Hotel at ul. Suwak 7 in Warsaw.

BNP Paribas wins contract

schedule 14 July 2016
Anna Pakulniewicz

POLAND GLL Real Estate Partners has selected BNP Paribas Real Estate Poland to manage three properties the company has acquired in the last few months.

Russian retail completions fall by 42 pct in H1

schedule 06 September 2016
Alex Hayes
journalist

RUSSIA By the end of 2016, the total shopping centre stock in Russia should exceed 21 mln sqm, with app. 1.9 mln sqm of new retail space coming onto the market.

Awbud goes to Wronki

schedule 06 September 2016
Anna Pakulniewicz

Awbud has been chosen as the general contractor of a high bay-storage warehouse in Wronki for household appliance producer Amica.

Public buildings

Work begins on Marina fourth stage

schedule 06 September 2016
Tomasz Szpyt-Grzegórski

POLAND Construction work as well as apartment sales for the fourth stage of the Atal Marina Apartamenty estate in Warsaw’s Białołęka district have started.

Hotels

First Marriott in the Baltics

schedule 06 September 2016
Anna Pakulniewicz

LITHUANIA The Marriott-SPA Palanga Viešbutis hotel is to be built in Palanga by general contractor Contestus Projektai.

Less revenue, more profit for Erbud

schedule 06 September 2016
Eurobuild CEE

POLAND Erbud has reported revenue of over PLN 788 mln for H1, representing a decline on the PLN 806 reported for the same period of the previous year.

Office & mixed-use development

JLL to manage Wołoska 24 in Warsaw

schedule 06 September 2016
Adam Zdrodowski

POLAND Ghelamco has selected JLL as the property manager for its Wołoska 24 office project in Warsaw.

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