News

POLAND Outlet Toruń, a retail scheme that is planned to be built by Karawela on Szosa Bydgoska in Toruń, is now leased in 40 pct.

Warsaw’s Miodowa to regain old glory

POLAND Renovation work on ul. Miodowa in Warsaw is to be started by the Municipal Roads Authority at the beginning of June.

Second Ghelamco bond issue

Office & mixed-use development

POLAND Ghelamco is starting subscriptions for the second issue of bonds for individual investors in the company’s history.

Echo relaunches Łódź project

Office & mixed-use development

POLAND Echo Investment has presented a new concept for its office project at al. Piłsudskiego 86 in Łódź, which has up to now been known as Aurus.

Dentsu Aegis Network Polska moves to new Czerniaków offices

Office & mixed-use development

POLAND The Dentsu Aegis Network Polska group has moved to an office building on ul. Czerska in Warsaw’s Czerniaków district.

I2 Development to renovate former Wrocław hospital

POLAND Wrocław-based I2 Development has revealed its plans for the development of the 2.6 ha site of the former Babiński hospital in the centre of the city.

Residential

Okam enters final lap in Dolina Trzech Stawów

POLAND Okam Capital has started the construction of 56 apartments in the second and final stage of the Dom w Dolinie Trzech Stawów project in Katowice.

Construction

Kryształ Powiśla underway

POLAND The foundation stone has been laid for the Kryształ Powiśla mixed-use development in Warsaw.

Retail & leisure

Carry to open in Fabryka Wołomin

POLAND Fashion retailer Carry is set to open its store in Fabryka Wołomin, a shopping centre which is currently being developed by the Park Handlowy Wołomin company.

Erbud to pay out 2014 dividend

POLAND Polish construction company Erbud has decided to pay dividend for 2014 to its shareholders.

Budimex wins large Bydgoszcz contract

POLAND Budimex has signed a contract with SPX Flow Technology Poland on the construction of a 30,000 sqm production hall in Bydgoszcz. The property, which will serve as a machine factory, is set to be erected on a 10-ha plot.

Warsaw underground constructors to build ring road

POLAND General Directorate of National Roads and Motorways (GDDKiA) has chosen three contractors for Warsaw’s Southern Ring Road. The project will be built by Warbud and two companies which in the past took part in building the central section of Warsaw’s underground, Astaldi and Gϋlermak.

Investment & finance

Atal to debut on Warsaw Stock Exchange

POLAND Atal will become listed on the Warsaw Stock Exchange in mid-June. The development company aims to raise app. PLN 160 mln for financing its investments this way.

Warehouse & industrial

Deal sealed for Budapest logistics park

Agata Kłapeć

HUNGARY The 18,000 sqm Innove Business Park logistics complex in Budapest has been sold to an open-ended retail fund managed by Diófa Fund Management.

Technology

Westfield mall opens up to retail-tech tenants

Agata Kłapeć

UNITED STATES Shopping centre developer Westfield has officially opened Bespoke, the co-working, event and technology showcase space designed to foster a retail-tech community and support retail innovation at Westfield San Francisco Centre. The new concept aims to provide an opportunity for entrepreneurs and retailers to research, collaborate, trial and debut work all within the shopping mall.

Hotels

First Ibis Styles in Vilnius to open in July

Anna Pakulniewicz

LITHUANIA Orbis Hotel Group is opening its first Vilnius hotel under the Ibis Styles brand.

BPO giant expands in Gdańsk