Image : Andrzej Hrechorowicz/ KPRP

President, PM congratulates Macron on election win

Polish President Andrzej Duda, and PM Beata Szydło sent their congratulations to the newly-elected French President Emmanuel Macron. “Mr President, please accept all the best wishes of success and prosperity to you personally and to France, as well as the French Nation under your leadership,” Duda s...

Locked content Pelion increases buyback offer

WSE-listed pharmaceutical distributor Pelion has raised its tender offer to buyback its shares in freefloat, the company announced. The new offer for up to 8.27 million shares has been bumped from the initial PLN 52.33 apiece to PLN 59.04, increasing the offer to PLN 488 million combined. The raise ...

Locked content GK Immobile to spin off 3 companies

WSE-listed holding GK Immobile plans to float three of its subsidiaries in the next 2-3 years, company’s CEO Rafał Jerzy said. The holding, which currently has one company listed on the WSE, steel construction manufacturer Projprzem, plans to increase its presence on the Warsaw bourse. “Firstl...

NSS leases over 4,000 sqm at Ideal Idea Park in Warsaw

Security systems distributor NSS has leased a total of 4,200 sqm of warehouse and office space at the Ideal Idea Park IV logistics park in southern Warsaw. The transaction was brokered by BSC Real Estate Advisors (previously known as Sharman Church). Since 2006, developer Ideal Idea has developed an...

Record development activity in Tri-city office market

A record 151,000 sqm of office space is currently under construction in Tri-city, with approximately two-thirds of the volume scheduled for completion this year, according to Colliers International data. In 2016, the agglomeration saw the completion of six projects totaling 57,000 sqm, which brought...