LOT signs cooperation agreement with Israeli EL AL

LOT Polish Airlines and EL AL Israeli have signed a memorandum that initiates cooperation between carriers in the field of sales, operations and training. The agreement is to lead to signing a code-share agreement and exploring other areas of potential partnership, to strengthen the relationship bet...

Echo sells shares in Echo Polska Properties for €20.82 mln

Echo Prime Assets, a subsidiary of Echo Investment, has received an offer and confirmed the terms of sale of 18.1 million shares in Echo Polska Properties (EPP) for €20.82 million, less transaction costs, the company has said. The expected date of settlement of the sale of shares is no later than Ju...

Green light for new outlet center project in Kraków

The municipal authorities in Kraków have enacted a zoning plan that allows for the development of KG Group’s planned Cracovia Outlet retail scheme. The investment will be built in two phases with the first of them – comprising almost 12,000 sqm of GLA and housing 80 stores – scheduled to be complete...

GTC’s Łódź offices with green credentials

Warsaw Stock Exchange-listed developer GTC has secured a BREEAM In-Use certificate for energy efficiency and environmental performance at the “Excellent” level for its Sterlinga Business Center office building in downtown Łódź. The certificate has been granted in the “Asset” and “Management” categor...