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.
Office & mixed-use development
POLAND Diagnostic laboratory services firm Synevo Central Lab has leased over 500 sqm of space in C200 Office in Gdańsk.
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
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 ...
The Q22 office building in Warsaw's Śródmieście district has been awarded WiredScore and SmartScore certification with a rating of Platinum.
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 ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
The latest issue of Eurobuild is now out - and it was worth waiting for because it's full of personality, quite literally! And The feature article is ...
On November 17–18, Poznań will, for the third time, bring together experts, decision-makers, designers, entrepreneurs, and representatives of public a ...
Adrian Winiarek, Partner and Development Director at MDC2, shares his expert insights on how technology and infrastructure come together in modern war ...
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 ...
According to the report, Mediterranean and Southern European markets accounted for 44 pct of all inbound overnight tourist arrivals to Europe last yea ...
ULI Poland has announced the appointment of new co-chairs to its Product Councils and a new Chair of the Young Leaders group. The leadership team shap ...
Shopping centre operator and developer NEPI Rockcastle has opened Romania’s biggest industrial-scale solar farm in Chișineu-Criș in western Romania.
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
Invesco Real Estate has purchased a 52,000 sqm logistics centre from LemonTree in Mysłowice near Katowice. The centre is fully leased for 15 years to ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
In just five years, BNM has built one of the strongest landlord representation teams on the Polish office market. Today, the company is already workin ...
Pharmaceuticals producer Sanofi Romania is to relocate its head office to Equilibrium 2, a building developed by Skanska in Bucharest. The tenant is t ...
The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
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 ...
AFI Czech Republic has begun work on its AFI Home V Korytech project in the Strašnice district of Prague. The PRS development will comprise 519 apartm ...
Scallier has signed a contract to commercialise a retail park to be built at the junction of ul. Śląska and ul. Księdza Ludwika Tunkla in Świętochłowi ...
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 ...
Auchan has officially opened one of the most high-tech fulfilment centres in Poland in Wilcza Góra . The 18,000 sqm build-to-suit building was develop ...