Galeria Zegrzyńska mall to open in Legionowo in Q3

Investor WRI Investment is now developing a shopping center project called Galeria Zegrzyńska in Legionowo near Warsaw, which is scheduled for completion in the third quarter of this year. The scheme will comprise a total of approximately 2,200 sqm of leasable space on two floors and house around 20...

Another Atut shopping mall planned for Kraków

Investor KG Group plans to develop another Atut-branded convenience shopping center project in Kraków, which will be located in the Ruczaj district in the south-western part of the city. The scheme will offer 7,500 sqm of leasable space and is scheduled for completion in the second quarter of next y...

Saski Point offices in Warsaw with green credentials

The Saski Point office building in downtown Warsaw has received a BREEAM In-Use International certificate for energy efficiency and environmental performance at the ‘Very Good’ level in the ‘Building management’ and ‘Asset performance’ categories. Saski Point was ...

Tax authorities buy two office buildings in Warsaw

Poland’s tax authorities have bought two office buildings in Warsaw from Satoria Group, which will house one of their offices in the city. Walter Herz brokered the transaction whose value has not been disclosed. The buildings are located on ul. Ciołka in the Wola district of the Polish capital...

New office space supply reaches record levels

The office property market in Poland last year saw the highest development activity in its whole history, with approximately 800,000 sqm of space having been completed across the country in that period, according to JLL data. This marks a 25 percent increase on the new office supply recorded in 2015...

Dom Development planning to enter Tri-city market

Warsaw Stock Exchange-listed residential developer Dom Development has signed a letter of intent regarding the acquisition of part of the Eurostyl capital group, which is active in the residential market in the Tri-city area. Dom Development has been granted the exclusive right to negotiate the acqu...

Exeter acquires logistics park in Szczecin

American investor Exeter Property Group has finalized its acquisition of the North-West Logistic Park warehouse and production complex in Szczecin in north-western Poland from Waimea Holding. Colliers International represented the buyer in the transaction whose value has not been disclosed. North-We...

Atal with record 2016 apartment sales results

Warsaw Stock Exchange-listed developer Atal sold 2,436 apartments in 2016, which marks a 44 percent increase upon the previous year when the company offloaded 1,689 housing units. The developer hopes to further improve its apartment sales in 2017 as it continues to step up its development activity a...

Anchor tenant stays in Forum Gliwice mall

Retailer Carrefour has renewed its lease agreement for more than 6,000 sqm of space at the Forum shopping center in Gliwice. The company, which is one of the anchor tenants in the mall, will stay in the property at least till June 2022. One of the largest shopping centers in Silesia, Forum offers 43...

GIC completes €2.4 bln acquisition of P3

Having received the go-ahead from EU regulators, Singapore’s sovereign wealth fund GIC has finalized its acquisition of logistics space developer P3 from TPG Real Estate and Ivanhoé Cambridge. The transaction, first announced in November last year and valued at €2.4 billion, is one of the larg...