Proximo for web

Locked content Hines with building permit for 30,000-sqm Proximo

Developer Hines has obtained a final building permit for the construction of a 28,385-sqm class A office scheme dubbed Proximo. It will be located at the intersection of ul. Prosta and Przyokopowa, near the Rondo Daszyńskiego subway station in Warsaw’s Wola district. The building is scheduled to be ...
Plac Unii_CBRE for web

Locked content Invesco in talks to buy Plac Unii

US-based investment firm Invesco has the exclusive right to purchase office project Plac Unii from developers BBI Development and Liebrecht & Wood, Emil Górecki from daily Puls Biznesu tweeted. The talks are in early stages. Plac Unii offers 41,300 sqm of class A+ office space, completed in late...

Locked content Alstom signs deal with PGE for €81 million

Renewable Energy producer PGE Energia Odnawialna has signed an agreement with a consortium of Alstom Power and Alstom Renewables Espana for €81 million net involving the delivery of wind turbines of a combined power of 90 MW, Alstom and PGE said in a statement. The turbines will be installed on a wi...

Locked content Warsaw up in office cost ranking

Warsaw came in 60th in the latest ranking of the most expensive office locations carried out by advisory CBRE, with occupancy cost at €35.56 per sqm per month. “Despite rent decline in Warsaw seen over the past few quarters, Poland’s capital has improved its position in the ranking by 3 points, main...
Warsaw Spire
Image : Ghelamco

Warsaw’s uncertain future

Warsaw’s office stock is set to grow by 600,000 sqm by the end of 2016, half of which will be erected in the very center of the city. Add to that the increasingly pronounced trend of tenants favoring the more flexible and spacious offices outside the capital’s center. Is the 3-4 percent ...
Rodno 1
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Appetites remain strong

Nearly €1 billion worth of real estate assets were sold in the first quarter in Poland. Prime assets, albeit increasingly scarce, are still in demand, but investors are also looking elsewhere
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Locked content Reaching maturity

In 1989, Poland set off on a path of democracy and economic growth. What did the transformation mean for the real estate market? What was it like 25 years ago and where is it headed now?  by Beata Socha Poland’s modern history is divided into two eras: before and after the country’s tran...
Plac Vogla
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A matter of convenience

While convenience centers are becoming the go-to destination for everyday shopping, large malls are trying to attract consumers with leisure and food experiences. In this polarizing market, is there room for other schemes which are neither dominant enough for leisure centers, nor close enough for ev...