Monthly Archives: September 2018

Locked content Gino Rossi signs licensing deal with CCC

September 18, 2018 Poland AM
WSE-listed footwear retailer Gino Rossi signed a licensing deal with rival CCC. The contract is for manufacturing and design and to use Gino Rossi trademark in selected countries. Gino Rossi estimates that it will bring PLN 36-40 million in revenue for 2019-2020 period, including PLN 15-18 million i...

Locked content Pharmacy market up 8.3% y/y in August – PEX PharmaSequence

September 18, 2018 Poland AM
In August sales in the pharmacy market in Poland amounted to over PLN 2.77 billion, up by 8.3 percent y/y and 2.6 percent m/m, a report prepared by PEX PharmaSequence stated. An average pharmacy turnover in August was PLN 187,500, a 9.6 percent y/y growth. PEX PharmaSequence estimates that in 2018 t...

Locked content Insurers profit reaches PLN 3.8 bln in H1

September 18, 2018 Poland AM
Net profit of insurers operating on the Polish market increased to PLN 3.81 billion in H1, a 0.2 percent y/y growth, said market lobby Polish Insurance Association (PIU). Gross written premiums amounted to PLN 32.1 billion, up by 1.7 percent y/y. The gross value of claims and benefits paid out stood...

JLL to commercialize Apollo-Rida offices in Gdańsk

September 18, 2018 Lokale Immobilia
Investor Apollo-Rida has appointed JLL as the exclusive leasing agent of the office space in its ongoing Heweliusza 18 project in downtown Gdańsk. Designed by the JEMS Architekci architectural studio and located close to the city’s main railway station, the ten-floor scheme will comprise 10,000 sqm ...

More lawyers at Mennica Legacy Tower in Warsaw

September 18, 2018 Lokale Immobilia
Noerr Biedecki, the Polish office of the international law firm Noerr, has leased 1,000 sqm of office space in the Mennica Legacy Tower complex, which Golub GetHouse and Mennica Polska are now developing in the Wola district of Warsaw. Cresa represented the tenant in the lease negotiations, while th...

PHN with building permit for Warsaw office tower

September 18, 2018 Lokale Immobilia
State majority-owned, Warsaw Stock Exchange-listed commercial real estate investor Polski Holding Nieruchomości (PHN) has revealed it has recently obtained a building permit for a high-rise office project that it plans to develop in the downtown of the Polish capital. Called PHN Tower, the scheme wi...

Locked content Pekao Bank Hipoteczny issues bonds worth PLN 300 million 

September 17, 2018 Poland AM
Pekao Bank Hipoteczny has now placed bonds worth PLN 300 million. This is the first issue within the framework to issue bonds for a total amount of PLN 1 billion, the bank said. The bonds were issued for a period of one year. Their interest rate is a three-month WIBOR increased by a margin of…...