Fresenius Kabi expands at Stryków logistics park

Pharmaceutical company Fresenius Kabi has renewed its lease agreement at the Diamond Business Park Stryków logistics park in central Poland and taken up an additional 3,400 sqm at the property. The tenant, who was represented by JLL in the lease negotiations, will now occupy a total of 13,000 sqm of...

Erbud with PLN 195.5 mln contract from Lidl

Warsaw Stock Exchange-listed construction company Erbud will build a distribution center in Stargard in north-western Poland for German retailer Lidl. The value of the contract amounts to PLN 195.5 million. The project will be sitting on almost five hectares of land and is scheduled to be completed ...

More YIT apartments under construction in Warsaw

Finnish developer YIT has launched construction work on the second phase of its Aroma Park residential project in Warsaw with builder Unibep acting as the general contractor. In this phase of the scheme two buildings with a total of 70 units will be built. They are scheduled to be completed in 16 mo...

Atrium to buy prime Warsaw retail asset for €301.5 mln

Shopping center owner, operator and re-developer Atrium European Real Estate is in the process of acquiring the Wars Sawa Junior retail center in downtown Warsaw from PFCEE, a fund managed by CBRE Global Investors. The transaction, which is valued at €301.5 million, is expected to be finalized in th...

Echo sells Wrocław offices for €74.5 mln

Warsaw Stock Exchange-listed developer Echo Investment has recently finalized the sale of the Sagittarius Business House office building in Wrocław to Warburg-HIH Invest Real Estate for €74.5 million. The companies signed a preliminary agreement regarding the sale of the property in July last year. ...

Budimex with Kielce bus station contract

Warsaw Stock Exchange-listed construction company Budimex has signed an agreement with the public transport authorities in Kielce for the remodeling, extension and modernization of the city’s bus station. The value of the contract amounts to more than PLN 68.7 million. The existing bus station, whic...

Dom Development’s sales down, profit up in H1

Warsaw Stock Exchange-listed Dom Development, the biggest residential developer in Poland, sold 1,650 units in the first half of 2018, which marks an 11% decrease upon the same period last year. The company claims to have achieved satisfactory margins in H1, which is the main goal of its business st...

Eiffage completes MIG offices in Kraków

General contractor Eiffage Polska Budownictwo has finished construction work on and obtained an occupancy permit for an office building located on ul. Życzkowskiego in Kraków, which was commissioned by investor MIG Real Estate. The six-floor property comprises almost 7,500 sqm of space and will be m...

Wronia 31 with BREEAM Outstanding certification

Ghelamco Poland’s Wronia 31 office building in Warsaw has obtained a BREEAM certificate for energy efficiency and environmental performance at the “Outstanding” level. The building is the tenth BREEAM-certified property of the company and the second completed office building in Poland to have secure...