PZU leases 18,000 sqm in Konstruktorska

Developer HB Reavis has leased 18,000 sqm of office space in its Konstruktorska Business Center to Poland’s largest insurer PZU. The insurance firm will take up levels one through three in the seven-storey building. It will move to the new premises in May 2015.

Poland 7th in Europe in real estate lending

Lending activity increased by 55 percent over the past year, “with markets across Europe witnessing increased deal flow, lender competition and pricing compression,” according to a report by real estate advisory Cushman & Wakefield. The top three locations of assets secured by lending in 2014 we...

Record demand for warehouse space in 2014 – JLL

Over 2 million sqm of warehouse space was leased throughout 2014, the highest figure in the history of the Polish warehouse market. Last year saw a 6 percent increase on 2013, “despite the lack of spectacular entries (such as Amazon in 2013),” real estate consultancy JLL wrote in a repor...

FM: gov’t will support banks to aid franc debtors

The government will support banks in order to help debtors with franc-denominated loans, Finance Minister Mateusz Szczurek said that told TVN23 BiŚ. “The government supports debt restructuring plans that banks are carrying out. One should remember that it is in the banks’ interest to offer such a re...