Archicom acquires Wrocław site

A subsidiary of Warsaw Stock Exchange-listed developer Archicom has acquired approximately 4.9 hectares of land in Wrocław on which it plans to build a residential project comprising around 740 apartments. The net value of the transaction amounts to over PLN 47.5 million. Archicom is currently selli...

C&W managing Proximo II in Warsaw

Cushman & Wakefield has revealed it was in Q4 2018 appointed as the property manager of the Proximo II office building in Warsaw. The building, which was developed by Hines, was in September last year acquired by a Czech investment fund that is managed by REICO. Proximo II is located in the Rond...

Locked content Trump skips Davos as government shutdown continues

US President Donald Trump has decided not to attend the World Economic Forum in Davos on January 22, due to the prolonged shutdown of the US federal government. Trump is currently on his way to the border with Mexico, where he intends to rally support for building a wall on the southern US border. T...

Locked content Norway: oil and gas production will return to record levels

After a slight decrease in 2019, oil and gas production on the Norwegian Continental Shelf will grow from 2020, and in 2023 it will approach the record level of 2004, Oljedirektorat, the Norwegian Oil Directorate (NPD) estimates. The activity on the Norwegian shelf is high, and promising forecasts f...