Echo Investment secures loan for West Link in Wrocław

Echo Investment concluded a loan agreement worth €16.5 mln with Bank Millenium S.A. The funds will be used for the construction of the West Link office project in Wrocław. The project will have a total of over 14,000 sqm, featuring a car park for 266 vehicles. The completion of the project is planne...

Capgemini takes up 13,000 sqm in Business Garden Wrocław

Consulting, information technology and outsourcing company Capgemini will occupy more than 13,000 sqm of space in the Business Garden office complex in Wrocław, which is owned by developer Vastint Poland. Cushman & Wakefield represented the tenant in the lease negotiations. Capgemini is already ...

Locked content Morizon mulls switching to the WSE main market

Online real estate broker Morizon plans to move to the Warsaw Stock Exchange main market before the summer holidays, company’s CEO Jarosław Święcicki said. The company is currently listed on the small-cap alternative NewConnect market. “We see a huge growth potential and we want to take advantage of...

Locked content Gov’t to support vocational education – Gowin

The government will support dual higher education, which combines theoretical studies with parallel internships throughout the duration of the studies, Education Minister Jarosław Gowin said during a conference at the Sate School of Higher Vocational Education (PWSZ) in Leszno. Gowin stressed that g...

Locked content PBG with PLN 4.2 bln contract portfolio

Construction capital group PBG had PLN 4.2 billion worth of contracts in its portfolio as of January 2017, PLN 1.82 billion of which is scheduled for completion in 2017, the company stated in its annual report. Almost 97 percent of the group’s contracts are in the energy construction business, inclu...

Białystok malls follow the extension trend

The eastern city of Białystok has seen a number of extensions to its shopping centers, with two still ongoing: the extension of Auchan Hetmańska set to be completed in 2017 and CH Zielone Wzgórze scheduled for completion in 2018, which will altogether add 14,500 sqm to the market, according to a rec...

Locked content Polimex Mostostal with PLN 2.75 bln backlog

WSE-listed builder Polimex Mostostal, has a PLN 2.75 billion backlog. Out of that, PLN 1.85 billion are orders for this year, the company said in the annual report. Backlog for 2018 reaches PLN 0.7 billion and for 2019 – PLN 0.2 billion. The company suffered a PLN 61.4 million attributable net...

Locked content Allegro closes its German website

Poland’s biggest auction site operator Allegro Group will close its German portal, the company informed. Launched less than a year ago in June, Allegro.de website had 1.5 million offers within first few months of operations, according to company’s spokesman Michał Bonarowski, the company...