Locked content New innovation law to be introduced

The Ministry of Science and Higher Education has confirmed its intention to implement new legislation that it claims will support innovation in Poland, according to a report on Tuesday in the Polish Press. The Innovation Act, which will affect tax deductions for businesses and profits for scientists...

Locked content Loss of identity cards reaches a high

Poland’s Central Database System has revealed that, during Q3 of 2016, more than 39,000 people reported having lost identity cards, driver’s licenses and passports. The information was given in a report in the Polish Press on Tuesday. The number of reported lost or stolen documents has increased yea...

Prologis leases over 33,000 sqm in Silesia

Warehouse space developer Prologis has signed six lease agreements for a total of 33,730 sqm at its Prologis Park Chorzów, Prologis Park Dąbrowa and Prologis Park Będzin II logistics parks in Silesia. Magna Automotive Poland renewed its lease of 12,100 sqm at Prologis Park Dąbrowa, Polonia Logistyka...

Marvipol to acquire major site in Warsaw

A subsidiary of developer Marvipol has signed a preliminary agreement for the acquisition of the perpetual usufruct right to 0.6 hectares of development land located in the Wola district of Warsaw for €14.35 million. The buyer and the seller have agreed to sign a conditional agreement for the purcha...

Arcona to acquire Polish retail portfolio

Arcona Property Fund, an investment fund focused on commercial real estate in Central Europe, is to acquire a portfolio of a total of 11 neighborhood shopping centers in ten regional cities in Poland from RECE for EUR25.9 million. The fund expects to finalize the acquisition of the first eight asset...

Record demand for warehouse space in Poland

A record 896,000 sqm of warehouse space was leased in Poland in the third quarter of this year, according to a recent report by Cushman & Wakefield. Previously, the highest take-up level in the sector, of 890,000 sqm, was recorded in the final quarter of 2013, the study said. Silesia (212,000 sq...

Locked content Morawiecki: Poland looking to increase cooperation with ESA

Poland’s Minister of Development and Finance, Mateusz Morawiecki, indicated that Poland will seek to benefit from its membership in the European Space Agency during the coming years. The country’s Space Strategy, introduced this past September, aims to develop more dynamically, in order to compete o...

Locked content Duda looks forward to working with Trump

The Polish president, Andrzej Duda, has written a letter to the president-elect in the United States, Donald Trump. In the letter, he wished the president-elect a successful term and states that he “looks forward to numerous discussions” with Trump. Apparently alluding to the future presence of over...

Locked content Łódź making huge investments in highway improvements

The voivodship of Łódz has PLN 620 million earmarked for spending on updates to its highway infrastructure, the Marshal’s Office reported on Wednesday. The money will be spent between now and 2020, and will be used on various highway projects, including a new 220-meter bridge over the Warta River an...