Savills to re-commercialize Centrum Haffnera in Sopot

Savills has been appointed as the exclusive leasing agent during the planned re-commercialization of the Centrum Haffnera retail and service complex in Sopot in the Tri-city agglomeration. The property – which was earlier this year acquired by the EuroEast 2 BV fund, represented in Poland by Greenst...

Skanska sells Spark offices in Warsaw for €48 mln

Developer Skanska has sold the first phase of its Spark office complex in Warsaw’s Wola district to a real estate fund of the German investment and asset manager KGAL Investment Management for €48 million. The transaction marks the fund’s first acquisition in Poland’s office property market. The tra...

Prologis tops out first Łódź scheme

Industrial space developer Prologis has held a topping-out ceremony at the construction site of a warehouse building that will be part of the company’s first logistics park project in Łódź. The 16,500-sqm building is scheduled to be completed at the beginning of next year with the entire scheme expe...

Locked content EU will co-finance four Polish food promotion programs

The European Commission (EC) has accepted four Polish programs promoting food, the Agriculture Department said on Thursday. Their total budget amounts to €11.2 million. EU will co-finance over €8.5 million. Meat, fruit, and vegetables will be promoted. The EC accepted 58 programs with a budget of ov...

Locked content Braster sold 100 Braster devices for Benefit Systems

Braster sold 100 Braster devices and 100 test packages containing 12 tests, in cooperation with Benefit Systems, Braster said. The sale of the above equipment is part of the development strategy adopted by the company for 2018-2021, according to the statement. Braster is the only company in the worl...

Locked content Wielton signs term sheet for PLN 413 mln credit

Wielton signed a term sheet for PLN 413 million credit with PKO BP, BGŻ BNP Paribas and BGK. The credit facility will be used to refinance bridging loans and current group debt, as well as to finance investment expenditures and the company’s working capital. Under the agreement, PLN 130 millio...

Consumer spending will grow on average by 3% y/y in 5 years

Consumer spending is systematically growing: an average increase of 3 percent y/y is expected in the next five years. Over the next 12 years, the market should grow at the same or even faster pace and retail sales will become more interactive, both offline and online, according to CBRE report.

Locked content Over 31 mln fake goods seized at EU borders in 2017

The European Commission announced on Wednesday that customs authorities detained over 31 million fake and counterfeit products at the EU’s external border with a street value of over €580 million. The top category of fake goods was foodstuffs, accounting for 24 percent of the overall amount of...

Segro delivers second Corning facility at Stryków

Developer Segro has finished construction work on a 39,200-sqm production and warehouse project at Stryków in central Poland, which will be occupied by Corning Optical Communications. The scheme is located within the Segro Logistics Park Stryków complex that is the biggest logistics center of Segro ...