Major lease deal at Mennica Legacy Tower in Warsaw

Co-working office space operator WeWork has leased all of the office area available in the lower building of the Mennica Legacy Tower complex that Golub GetHouse and Mennica Polska are now developing in the Wola district of Warsaw. Cushman & Wakefield and DLA Piper represented the tenant during ...

Metropolitan Investment to launch Kwidzyn project in Q4

Developer and investor Metropolitan Investment will launch construction work on its planned Galeria Metro Kwidzyn shopping and entertainment center in Kwidzyn in northern Poland in the final quarter of this year. The mall will comprise almost 13,000 sqm of GLA and house approximately 35 stores and p...

Extended Dekada Grójec mall opens for business

Developer Dekada has opened a new part of its eponymous convenience shopping center in Grójec in central Poland. The leasable area of the mall has increased from 5,700 sqm to 8,700 sqm, while the number of the available units has grown from 17 to 23. New tenants of the property include Jysk, Smyk an...

Locked content Ryanair cancels flights to and from Poland

Irish low-cost airline Ryanair canceled six flights to and six from Poland, due to pilot strikes. Fly4free.pl portal was the first one to inform about canceled Ryanair flights, which were scheduled for August 10.  The flights on the list are from Warsaw-Modlin, Kraków, and Gdańsk airports. Last week...

Locked content Tourist routes got shorter in 2017 – GUS

The total length of tourist routes was reduced to 78,078 km in 2017 from 79,092 km a year earlier, the Central Statistical Office (GUS) reported. The longest routes, with 9,354 km in total, are in Małopolskie voivodship. On the other hand, tourist routes in Opolskie voivodship reached only the total...

Locked content Main shareholder sold 20% in Krezus

Taleja (once owned by billionaire Roman Karkosik) has sold altogether a 20-percent stake in WSE-listed company Krezus since April. According to Krezus statement, Taleja reduced its stake to about 31 percent (before April 24 it still owned 51.2 percent). Krezus focuses on trading in scrap metal and n...

Locked content Greece and Bulgaria as top holiday destinations

This July most people going on holiday with travel agencies spent their holidays in Europe, according to a report carried out by the travel portal wakacje.pl. The most popular destinations were Greece (39.81 percent), Bulgaria (15.54 percent), and Turkey (10.27 percent). One-week trips were the most...

LC Corp buys land for Warsaw apartments

Warsaw Stock Exchange-listed developer LC Corp has acquired over 0.7 hectares of developed land located on ul. Siennicka in the Praga Południe district of the Polish capital for more than PLN 11.5 million. The company plans to build a residential project with 137 apartments on the site. The develope...

Locked content Reconstruction of Lech bridge in Poznań begins

Reconstruction of the northern carriageway of Lech bridge in Poznań started at the weekend. The existing structure will be completely demolished and a new one will be built.  According to the agreement, the new bridge should be available for use at the end of January 2020. The completion of all cons...