Atut shopping center in Kraków under construction

Investor KG Group has launched the construction work on its Atut convenience shopping center project in Kraków. The two-floor scheme, which will be located on ul. Grażyny in the Prądnik Biały district, will offer 3,500 sqm of leasable space and is scheduled for completion in the third quarter of nex...

Budner to change name, grow in new market sectors

Construction company Budner plans to change its name to Fundamental Group in January next year and focus on growth in new market sectors in the near future. The builder, which will continue to act as the general contractor for residential and commercial real estate projects, wants to become a major ...

Hampton by Hilton hotel to open in Oświęcim in 2018

Hospitality company Hilton Worldwide has signed a franchise agreement regarding the development of a Hampton by Hilton-branded hotel in Oświęcim in southern Poland. The hotel will be located in the downtown of the city and will offer 120 rooms, with the opening having been scheduled for mid-2018. It...

Prologis developing speculative project near Wrocław

Logistics space developer Prologis has announced the launch of construction work on a new speculative project located within the company’s Prologis Park Wrocław V logistics park in Lower Silesia. The 11,400-sqm scheme is scheduled for completion in the second quarter of next year and has alrea...

Major tenant for Silesia Star B in Katowice

Design software and electronic equipment manufacturer Mentor Graphics Corporation has taken up more than 4,400 sqm of space at building B of the Silesia Star office complex in Katowice. The company has opened its largest European research and development center in the city, where it employes more th...

Budimex with three road contracts in Białystok

Builder Budimex has secured three contracts for the construction of roads in the city of Białystok in eastern Poland, which are valued at a total of more than PLN 367 million. The Białystok authorities have commissioned the company to build two stretches of Trasa Niepodległości for PLN 140.76 millio...

Mayland to develop outlet center in Rzeszów

Developer Mayland Real Estate has announced it will develop an outlet center project in Rzeszów in south-eastern Poland, which will be the first retail scheme of this kind in the city. The development will be located on a site on which the company was previously planning a major shopping center proj...

First two Quick Park retail projects to open next week

Developer Real2B Development will next week open the first two of its Quick Park-branded retail projects in Poland. Located in Strzegom and Mysłowice, the schemes will offer approximately 2,000 sqm and almost 16,000 sqm of leasable space respectively. Real2B plans to develop a total of approximately...

Neinver, TIAA to jointly acquire outlet center portfolio

A joint venture set up by developer Neinver and financial services organization TIAA is to acquire a portfolio of six outlet centers across Europe from the IRUS European Retail Property Fund, which is co-owned and managed by Neinver, for a total of more than €700 million. Three “The Style Outl...

Carrefour sums up 2016 investment activity

Retailer Carrefour has announced it will open 12 new supermarkets and remodel 14 of its existing supermarkets in Poland in 2016. Since the beginning of the year, the company has already opened a total of ten new supermarkets across the country, which represent the three Carrefour supermarket concept...