News

JHM waits for better results in H2

POLAND JHM Development generated sales revenue of PLN 11.2 mln and a net result of PLN 345,000 in H1 this year, according to preliminary financial results published by the company.

Eurobuild Gala making dreams come true

Retail & leisure

New Ikea Retail president has ambitious plans

POLAND Ikea Retail’s current growth strategy for the Polish market envisages a more than fivefold increase in turnover by 2035, from current levels of app. PLN 3 bln to PLN 16 bln.

Retail & leisure

Dekada Sieradz holding onto tenants

POLAND The recommercialisation process for Dekada Sieradz is now underway, with more contracts being extended five years from the opening of the shopping centre.

Warehouse & industrial

Tea time near Kraków

POLAND Teekanne Polska will open a new manufacturing facility at the 7R Logistic Kraków-Kokotów logistics park in southern Poland.

Investment & finance

Rockcastle embarks on Polish spending spree

POLAND South African investment fund Rockcastle has signed preliminary agreements for the acquisition of three shopping centres in Poland – Bonarka City Center in Kraków, Focus Park in Zielona Góra and Focus Mall in Piotrków Trybunalski – for a total of EUR 522 mln.

Office & mixed-use development

New tenants for Maraton in Poznań

POLAND CenturyLink and Rehau are to move to the Maraton building in Poznań in the next few months, having respectively leased over 960 sqm and 700 sqm of office space.

Interior design

Banking on good design

POLAND A branch of Bank Millennium that has opened in the Matarnia shopping centre in Gdańsk is the first of the chain to have been designed according to the bank’s latest architectural concept, featuring new functionalities and an automatic cash service.

Interior design

Hats off to Living Divani

EUROPE Living Divani has invited another young designer to cooperate with the company.

Hotels

Hotel in Nowa Jerozolima

POLAND The Nowa Jerozolima tenement building in central Warsaw has been sold, ‘Eurobuild CEE’ has discovered.

Warehouse & industrial

Segro comes up with the goods for Joanna

POLAND Segro has developed a 7,000 sqm warehouse in its park in Ożarów near Warsaw for cosmetics firm Joanna.

Lokum spreads its wings

POLAND Lokum Deweloper is entering the Kraków market and is also considering Warsaw.

Qumak chooses Płock for service centre

POLAND Qumak has opened its Service Desk Centre in Płock for the outsourcing of IT processes for the company’s clients.

Hotels

New area for business in Serock

POLAND The Narvil Conference & Spa hotel in Serock north of Warsaw has opened the Aruana studio – a new business meeting place is situated away from the busiest areas of the building.

Interior design

New office of vodka producers

POLAND The new head office of Wyborowa Pernod Ricard, which has been designed by Massive Design, covers 2,400 sqm of the Lumen building in the Złote Tarasy mixed-use complex in Warsaw.

Architecture and urban planning

First 3D-printed office building opened, furnished by Bene

WORLD The world’s first 3D printed office building has opened in Dubai, with Austrian company Bene being responsible for the interior design and furnishing of the building. The building was prindted within 17 days. It is just the first building of the complex.

Office & mixed-use development

Publicis stays and takes more of Platinium

POLAND Eight entities of French advertising giant Publicis Groupe have prolongued their leases in Platinium Business Park in Warsaw’s Mokotów district, while increasing the space they occupy from 12,167 sqm to app. 14,000 sqm.

Aareal optimistic about 2016

GERMANY Aareal Bank Group has improved its net profit in Q2, while expanding its new structured property financing business.

Deka Immobilien leases over 11,000 sqm in nine months

POLAND In the last three quarters Deka Immobilien finalised almost twenty lease contracts for more than 11,000 sqm, with both new and existing tenants in buildings. Deka Immobilien was represented by Knight Frank for these transactions.

Hotels

Marriott to open Moxy in Praga district

POLAND Global Hospitality Licencing, a subsidiary of Marriott International, has signed a franchise agreement with the owners of the Centrum Praskie Konser mixed-use project in Warsaw’s Praga district for the opening of a Moxy hotel. The hotel with 141 rooms and occupying 5,447 sqm of space will be the first Moxy to open in Warsaw. It is scheduled to open next year.