Zakopane shopping center officially opened

The Krupówki 40 shopping center in Zakopane, which is owned by the family of local businessman Andrzej Stoch, was officially opened on January 12. The mall welcomed its first visitors in mid-December with new stores and points of service having been gradually opening there since then. The four-floor...

EIB financing for Warsaw’s ArtN project

ArtN, a subsidiary of Warsaw Stock Exchange-listed developer Capital Park, has secured €60 million in bank financing from the European Investment Bank (EIB) for its eponymous mixed-use development in the Polish capital. The loan represents the first transaction signed by the EIB in Poland with a rea...

All-time record set in investment market in 2018

The total value of investment transactions closed in the commercial property market in Poland in 2018 amounts to more than €7.2 billion, according to the latest report by Savills. This is the highest volume in history with the figure for the year 2017 (also a record at that time) having stood at app...

More Atal apartments on offer in Kraków

Warsaw Stock Exchange-listed developer Atal has launched sales of an additional 161 apartments in its Apartamenty Przybyszewskiego 64 residential project in Kraków. The units are scheduled to be completed in the final quarter of 2021. Atal is currently selling homes in several other schemes in Krakó...

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...

NEPI Rockcastle will not buy Kraków malls

Johannesburg Stock Exchange- and Euronext Amsterdam-listed commercial property investor and developer NEPI Rockcastle has revealed that the preliminary agreement to buy the Serenada and Krokus shopping centers in Kraków from developer Mayland Real Estate which was announced in October 2017 has been ...

Atrium managing Galeria Dominikańska in Wrocław

Atrium Group, the owner of the Galeria Dominikańska shopping center in Wrocław, is now also the manager of the mall. The property was until recently managed by ECE from which Atrium Group bought it in 2013. Taking over the management of Galeria Dominikańska will make it easier for Atrium Group to pl...

New tenant at Panattoni Park Sosnowiec

Logistics operator CAT LC has leased over 5,300 sqm of warehouse and office space at the Panattoni Park Sosnowiec complex in Silesia. Cushman & Wakefield represented the tenant in the lease negotiations. Located near the S1 expressway, Panattoni Park Sosnowiec consists of six warehouse buildings...

Neinver managing Silesia Outlet in Gliwice

Outlet centers developer and operator Neinver has been appointed as the manager of the Silesia Outlet project, which investor 6B47 is developing in Gliwice. The scheme will offer 20,000 sqm of retail space and house 120 stores at full build-out, and will be the biggest outlet center in Silesia. Its ...