Castorama buys land for new project in southern Poland

DIY retailer Castorama has acquired approximately six hectares of land in Nowy Sącz in Małopolskie voivodship with the transaction having been brokered by JLL. The site can house a large-scale retail project. “There are fewer and fewer so-called white spots on Poland’s retail property map,” noted Da...

Totalbud to build Marvipol’s apartments in Warsaw

A subsidiary of Warsaw Stock Exchange-listed developer Marvipol Development has selected construction company Totalbud as the general contractor of its planned Dom przy Okrzei residential project in the Polish capital. The scheme will be located in the Praga Północ district of the city and will comp...

Immobel selects contractor for Warsaw office tower

Developer Immobel has selected builder Strabag as the general contractor of its Central Point office project in downtown Warsaw. Construction work on the high-rise scheme will launch in April and finish in the first half of 2021. Central Point will be located near the intersection of ul. Marszałkows...

Warsaw’s Cedet nominated in MIPIM Awards competition

The Cedet office and retail building in downtown Warsaw is one of the finalists in the prestigious MIPIM Awards architectural competition that will be held in March during the MIPIM international real estate fair in Cannes, France. The property has been nominated in the “Best Refurbished Building” c...

Lidl’s biggest distribution center in Poland is now ready

Warsaw Stock Exchange-listed builder Budimex has recently finished construction work on the biggest distribution center of German discount retailer Lidl in Poland. The facility is located at Kałuszyn in the Mińsk Mazowiecki area in the Warsaw agglomeration and comprises approximately 58,000 sqm of u...

Orbis to move into Lumen building in Warsaw

Hotel chain Orbis has leased almost 2,400 sqm of office space in the Lumen building of the Złote Tarasy complex in downtown Warsaw with the transaction having been brokered by JLL (representing the landlord) and Cushman & Wakefield (representing the tenant). The company will move into its new pr...

More YIT apartments on offer in Warsaw

Finnish developer YIT has launched sales of apartments in the third phase of its Nordic Mokotów residential project in Warsaw. The company has also selected builder Unibep as the general contractor for the phase, which is scheduled to be completed in the second quarter of 2020. The third phase of th...

Neon office building topped out in Gdańsk

Developer Torus has held a topping-out ceremony at the construction site of the Neon office building in Gdańsk. The fourth phase of the Alchemia complex that the company has been developing since 2010, Neon will comprise 35,000 sqm of leasable space with its completion having been scheduled for the ...

Cromwell secures major lease deal in Warsaw’s Mokotów

Real estate investor and manager Cromwell Property Group has signed publisher Ringier Axel Springer Polska for the Trinity Park III office building in Warsaw. The tenant will occupy 12,000 sqm at the property. The lease transaction was brokered by CBRE and Knight Frank. The six-story Trinity Park II...