Infinity in Wrocław to get under construction

Investors Avestus Real Estate and Tristan Capital Partners will later this month launch construction work on their Infinity office project in downtown Wrocław. The scheme, which will comprise more than 22,000 sqm of leasable space, is scheduled to be completed in the third quarter of 2020. The devel...

Locked content Capital Park with PLN 5 mln Q3 net profit

WSE-listed developer Capital Park recorded PLN 5.06 million net profit attributable in Q3 up from PLN 0.78 million a year earlier. The operating loss was PLN 13.88 million vs. PLN 65.35 million profit a year earlier. Consolidated revenues from basic rental amounted to PLN 36.56 million against PLN 3...

Echo Investment completes Libero mall in Katowice

Warsaw Stock Exchange-listed developer Echo Investment has finished construction work on its Libero shopping center project in Katowice. The scheme will open for business on November 15. The Libero development comprises 45,000 sqm of GLA (which has already been almost fully leased out) and will hous...

Biłgoraj retail park to open for business

Investor Metropolitan Investment will open for business its Metro Park Biłgoraj retail park project in Biłgoraj in south-eastern Poland on November 14. The scheme offers almost 2,000 sqm of usable space with its tenants including Deichmann, KiK and Hebe. Metropolitan Investment, whose portfolio also...

Skanska starts building Warsaw office tower

Developer Skanska has launched construction work on building “Y” of its Generation Park office project in Warsaw. The 140-meter skyscraper, which will comprise 47,000 sqm of leasable space and will be certified in the WELL and LEED systems, is scheduled to be completed in the first quarter of 2021. ...

S+B sells Warsaw office building

Developer S+B Gruppe has finalized the sale of the Jabłonowski Palace office building in downtown Warsaw to Generali Real Estate. The value of the transaction has not been revealed. Originally built in 1773, the building housed the Polish capital’s city hall. It was destroyed during WWII and rebuilt...

Mogilska Office in Kraków topped out

Developer and investor Warimpex has held a topping-out ceremony at the construction site of its Mogilska Office project in Kraków. The scheme, which will total approximately 12,000 sqm, is scheduled to be completed towards the end of the first quarter of next year. It will be certified in the BREEAM...

Manuli leases 11,500 sqm in Lower Silesia

Hydraulic components manufacturer Manuli Hydraulics Polska will open a new central warehouse in Legnica in Lower Silesia. The company has leased 11,500 sqm of logistics and office space in the city, which will be developed by a local developer in the build-to-suit formula. Axi Immo represented the t...

Ronson to launch major Warsaw project

Developer Ronson Development plans to launch four projects offering a total of approximately 480 units by the end of this year. Apart from new phases of three ongoing schemes of the company – Miasto Moje and Nova Królikarnia in Warsaw, and Panoramika in Szczecin – they will also include the first ph...