Biłgoraj retail park to open for business

Investor Metropolitan Investment will open for business its Metro Park Biłgoraj retail park project in Biłgoraj in south-eastern Poland on November 14. The scheme offers almost 2,000 sqm of usable space with its tenants including Deichmann, KiK and Hebe. Metropolitan Investment, whose portfolio also...

Skanska starts building Warsaw office tower

Developer Skanska has launched construction work on building “Y” of its Generation Park office project in Warsaw. The 140-meter skyscraper, which will comprise 47,000 sqm of leasable space and will be certified in the WELL and LEED systems, is scheduled to be completed in the first quarter of 2021. ...

Locked content Delko to buy 50% in A&K Hurt-Market for PLN 7 mln

Delko has signed a preliminary conditional agreement regarding the purchase of 50 percent stake in A&K Hurt-Market for PLN 7 million – Delko announced in a statement. Delko is a distributor of household chemistry products, cosmetics, and personal hygiene products. Delko products are distri...

Locked content Alior Bank with PLN 172.9 mln Q3 net profit

WSE-listed Alior Bank posted a PLN 172.9 million attributable net profit in Q3, down from PLN 178.2 million last year. Net income from interests was reported at PLN 781.4 million, up by 7 percent y/y. Fees and commissions amounted to PLN 106.6 million, up from PLN 97.3 million last year. Alior’s tot...

Locked content GDDKiA chooses Budimex for S19 expressway section

WSE-listed Budimex offer for the construction of a section of the S19 expressway (Nisko Południe-Sokołów Małopolski Północ) was chosen as the most favorable by the General Directorate for National Roads and Motorways (GDDKiA). The value of the offer is PLN 232.85 million net, the company said. Budim...