Construction on largest water park in CEE gets underway

Investor Global City Holdings has officially launched construction work on the first phase of its Park of Poland project in Mszczonów near Warsaw, which will involve the development of the largest water park in Central and Eastern Europe. Called Suntago Wodny Świat and valued at €150 million, the 67...

Europa Capital completes major Warsaw hotel acquisition

Fund management group Europa Capital has finalized the acquisition of the Radisson Blu Centrum Hotel in downtown Warsaw. Boutique real estate advisory WX Management Services advised the buyer, co-invested in the transaction and will provide asset management services for the project. Located in the W...

Atal launches Baltica Towers project in Gdańsk

Warsaw Stock Exchange-listed developer Atal has launched apartment sales in its Atal Baltica Towers project in Gdańsk, which will comprise two 13-floor buildings – a residential building and an apartment hotel building – and offer a total of almost 250 units. The residential building in the scheme w...

BBI gets financing for two Koneser buildings in Warsaw

A subsidiary of Warsaw Stock Exchange-listed developer BBI Development has secured more than PLN 43.2 million in bank financing from Pekao SA for buildings ‘E1’ and ‘E3’ in the Centrum Praskie Koneser mixed-use project in the Polish capital. The loan is to be repaid by the end of September 2019. The...

Carrefour replaces Alma in Dekada Kraków mall

Retailer Carrefour is the latest tenant to have leased space in the Dekada convenience shopping center in Kraków. A Carrefour supermarket will occupy a 1,330-sqm unit in the mall, which previously housed a Delikatesy Alma store. Dekada Kraków, which was opened in 2012 and comprises almost 3,400 sqm ...

Bouygues sales down in Q1, set to improve in coming quarters

Developer Bouygues Immobilier Polska sold 219 apartments in Q1 2017, compared with the 265 units the company offloaded in the same period last year. According to sales and marketing director Krzysztof Foder, the decrease in sales resulted from stock depletion, with the developer planning to launch a...

Panattoni completes 32,000-sqm logistics center for Decathlon

Industrial space developer Panattoni Europe has completed a 32,000-sqm logistics center project in Łódź, which will be occupied by sporting goods retailer Decathlon and will service both the brick-and-mortar stores and the online store of the company. The scheme is located near the Panattoni Park Łó...

i2 Development launches new residential project in Wrocław

Developer i2 Development has launched construction work on the first phase of its Awicenny residential project in Wrocław. The scheme will offer a total of 267 apartments in three phases, with the first two buildings of the development comprising a combined 104 homes. The developer expects to secure...

Prologis announces major Silesia lease deals

Industrial space developer Prologis has signed three lease deals for a total of 57,700 sqm at its logistics parks in Silesia. DHL has renewed its agreement for 44,600 sqm at Prologis Park Dąbrowa, while Polonia Logistyka leased an additional 9,300 sqm at Prologis Park Będzin II. For its part, Moto P...