News

Construction

Echo starts Galaxy extension

schedule 15 April 2016
Ewa Andrzejewska

POLAND Echo Investment will soon start extension work on the Galaxy shopping centre in Szczecin, after obtaining the final building permit.

Budimex on the Poznań–Wrocław route

schedule 15 April 2016
Katarzyna Suska

POLAND Budimex has been awarded a contract by the Poznań branch of the General Directorate of National Roads and Motorways (GDDKiA) for the design and construction of the S5 Poznań–Wrocław route’s Wronczyn–Kościan Południe section.

Retail & leisure

Szachownica looking for retail park space

schedule 15 April 2016
Aneta Cichla

POLAND Clothing store chain Szachownica is looking for locations in retail parks in Poland. Joart, the owner of the brand, has so far opened stores of the chain in shopping centres and arcades.

Residential

Cystersów Garden vol. 2

schedule 15 April 2016
Tomasz Szpyt-Grzegórski

POLAND Hungarian residential developer Cordia developer has started work on the construction of the second stage of the Cordia Cystersów Garden in Kraków’s Grzegórzki district.

CCC to pay PLN 100 mln more

schedule 15 April 2016
Katarzyna Suska

POLAND Footwear chain CCC will have to pay over PLN 100 mln more for the purchase a stake in online footwear retailer eobuwie.pl because the EBITDA of Eobuwie exceeded PLN 15 mln in 2015 – the agreed threshold above which the additional fee was to be charged.

Office & mixed-use development

Codewise grows in Browar

schedule 15 April 2016
Tomasz Szpyt-Grzegórski

POLAND Codewise, which specialises in internet marketing tools, is to occupy a total of app. 3,800 sqm in the Browar Lubicz complex in Kraków.

Office & mixed-use development

Penta shows more of Warsaw's D48

schedule 14 April 2016
Agata Kłapeć

POLAND Penta Investments has revealed new renderings of its first Polish development, the D48 office building, which is currently being erected in Warsaw’s Mokotów district.

Toscom Development to build Polaka 14

schedule 14 April 2016
Katarzyna Suska

POLAND Toscom Development is preparing the Polaka 14 residential project in Wrocław. Work will begin in the third quarter of this year.

Retail & leisure

Smyk, RTV Euro AGD and Rossmann added to Gemini Park Tychy

schedule 14 April 2016
Katarzyna Suska

POLAND Smyk, RTV Euro AGD and Rossmann will be opening in the Gemini Park Tychy shopping centre, which is now under construction.

Retail & leisure

Celio pulls out of Poland and Singapore

schedule 14 April 2016
Katarzyna Suska

WORLD Men’s clothing brand Celio is to be withdrawn from the Polish market. The French company is closing all six of its stores in Poland and it has also decided to pull out of Singapore.

Retail & leisure

First retail park in Reda

schedule 14 April 2016
Katarzyna Suska

POLAND The first retail park is to be built in Reda in the Pomeranian province. The building, which is to be situated on ul. Pucka, will have an area of 7,000 sqm.

Construction

Public private court

schedule 14 April 2016
Tomasz Szpyt-Grzegórski

POLAND The first hole has been dug on the building site of the new district court in Nowy Sącz.

Mirbud to build Mielec Leroy Merlin

schedule 14 April 2016

POLAND Mirbud has begun work on a Leroy Merlin DIY store on ul. Powstańców Warszawy in Mielec.

Technology

Robots to replace human guards?

schedule 14 April 2016
Agata Kłapeć

WORLD It never sleeps while on duty, it doesn’t forget which corridor it’s on and it can detect dangerous toxic fumes. So have robots become the ideal guards?

Retail & leisure

Three brands choose Ptak Outlet in Rzgów

schedule 14 April 2016
Katarzyna Suska

POLAND Three companies has signed a leases for a 634 sqm unit in Ptak Outlet in Rzgów: F4, Coccodrillo and Guess. Ptak is the owner and developer of the centre.

Investment & finance

Union Investment buys Ferio Konin

schedule 13 April 2016
Nathan North
managing editor (English section)

POLAND Union Investment has acquired the Ferio Konin shopping centre in Konin from Rockspring Property Investment Managers for an undisclosed sum.

Human resources

Bilfinger CEO quits

schedule 13 April 2016
Eurobuild CEE

WORLD Per H. Utnegaard, the CEO of Bilfinger which took the position in June 2015, has stepped down.

Investment & finance

NEPI buys Forum Ústi nad Labem for EUR 82.6 mln

schedule 13 April 2016
Nathan North
managing editor (English section)

CZECH REPUBLIC South African property investor New Europe Property Investments (NEPI) has bought the Forum Ústi nad Labem shopping centre in an EUR 82.6 mln transaction.

Warehouse & industrial

Goodman adds 12,000 sqm of spec space to KALC

schedule 13 April 2016
Nathan North
managing editor (English section)

POLAND Goodman Group has started the speculative construction of a 12,000 sqm warehouse at Goodman Kraków Airport Logistics Centre.

Residential

PHN and MLocum to build Yacht Park

schedule 13 April 2016
Aneta Cichla

POLAND Polski Holding Nieruchomości (PHN) is planning to build a luxury residential complex in Gdynia.

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