Locked content BZ WBK to buy Deutsche Bank’s Polish assets for PLN 1.3 bln

WSE-listed lender BZ WBK has signed a deal to buy Deutsche Bank’s Polish assets for PLN 1.29 billion. The deal will not cover DB’s FX mortgage portfolio as well as corporate and investment banking operations and its retained cost base. BZ WBK will pay 20 percent in cash and 80 percent in new shares....

ArtN project in Warsaw to get off the ground

Investor and developer Capital Park has contracted construction company Soletanche Polska to build the foundations of its ArtN mixed-use project in Warsaw. The scheme, which will involve the revitalization of a major post-industrial site located in the Wola district of the city, is scheduled to be c...

Rising demand for Tri-city office space – report

Lease agreements for a total of more than 95,000 sqm of office space have been signed in the Tri-city market since the beginning of 2017, which marks an almost 60-percent increase upon the same period last year, according to the latest report by Cresa. This year’s largest new deals have included the...

Hungary’s Cordia about to launch first Warsaw project

Hungarian residential developer Cordia, part of the Futureal group, has selected builder Fundamental Group as the general contractor of the first phase of its planned Zielone Bemowo project in Warsaw. Construction work on the scheme, which will be located in the Bemowo district and will be the first...