RUSSIA Immofinanz is about to sell its EUR 1.1 bln portfolio of shopping centres in Moscow. “Since the Russian properties have distinct market characteristics and a different risk profile than the remainder of the portfolio, Immofinanz plans either to sell or spin off the Moscow shopping centres,” the company stated in its recent 2015/2016 annual report.
Retail & leisure
POLAND The under-construction Galeria Północna shopping centre in Warsaw is already almost 70 pct leased out.
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.
The Urban Land Institute Poland has published the ‘New Urban Poland’. Using 14 projects from Warsaw, Łódź, Poznań, Gdańsk, Gdynia, and Wrocław, the pu ...
According to the latest BauWatch crime report only 56 pct of building site managers across the EU believe crime to be rising, but in Poland this figur ...
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 ...
City Point Okęcie Logistics Park, a joint venture between Partners Group and Peakside Capital Advisors, has achieved BREEAM Outstanding certification ...
The 15th EurobuildCEE Awards Gala is now behind us and all the winners can be revealed! Special congratulations go to Kazimierz Kirejczyk, who was pre ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
The April-May edition of Eurobuild CEE has now hit the shelves! It features interviews with Monika Woźniak-Zawioła and Daniel Tudor as they bring The ...
ULI Poland is to hold the 'Matrix of Real Estate' conference from April 15th -16th at the Norblin Factory in Warsaw to discuss the impact of geopoliti ...
Monting Development, a company set up by Danilo Djurović and Poland’s most famous footballer Robert Lewandowski, has hit the headlines recently (as we ...
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 ...
aHouse Development will deliver a new hotel on ul. Daleka in the centre of Grodzisk Mazowiecki, marking the company’s entry into the hospitality real ...
Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.
The Central Communication Port (CPK) has selected the general contract engineer for the new national airport as part of the Port Polska programme. The ...
The Wiedeńska Town House in the centre of Poznań, which dates back to the early 20th century, has been renovated and converted into a food hall with i ...
Polish consultancy JWA, which specialises in sustainable construction and real estate certification in Central and Eastern Europe, is opening its firs ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Leasing transactions for modern office space in Bucharest increased by 14 pct in the first quarter of 2026 compared to the same period last year, whil ...
JLL has been appointed the exclusive leasing agent responsible for the Equal Business Park office complex in Kraków, owned by Apollo Rida. JLL's other ...
The city of Warsaw has allocated PLN 5 million for the construction of al. Centralna, a green passageway between the Warsaw Śródmieście railway statio ...
Matexi Polska has completed the Żelazna 54 development in Warsaw's Wola district, and the project has now been granted an occupancy permit.
Rituals Cosmetics has opened a 180 sqm store in the Gemini Park Tychy shopping centre.
Skanska CDE has become the first company in Poland to introduce a Neutral Host In-Building (NHIB) infrastructure model, based on the BTS hotel, in its ...
The Tri-City warehouse and industrial market is entering a new phase of development, combining stable demand with the growing importance of the manufa ...