Locked content Meyer Bergman acquires Galeria Katowicka

London-based Meyer Bergman has taken over Galeria Katowicka, a shopping center that it built with Neinver and Poland’s state railway company, PKP SA in Katowice, a press release read. From now on, the building will be managed by Apsys Poland. Meyer Bergman European Retail Partners entered into a 50/...

Locked content Nacarat sells Dubois 41

French real esate developer Nacarat is selling Dubois 41 office building in Wrocław to Hamburg based company Warburg-HIH Invest Real Estate GmbH, a press release read. The value of the transaction reached some €21 million, which transaltes to roughly PLN 89.6 million. Cushman & Wakefield have be...

Locked content PKP sold land worth PLN 40 mln in Warsaw

Polish state railway operator PKP has sold land on ul. Kiejstuta in Warsaw for PLN 40 million, the company said. “The 11 ha area is in a  very good location and is very well connected,” a statement read. PKP reminded that it is the 13th real estate transaction struck this year in Warsaw....

Locked content Forever 21 to enter Galeria Północna

Forever 21, one of the leading retail companies in the US, will open its first Polish shop in Warsaw-based Galeria Północna, which is to be delivered in 2017, dlahandlu.pl reported. “Forever 21 is a fashion giant and may pose a threat to leading Polish brands. On the other hand, the Polish mar...

Locked content Echo Invetment to expand CH Galaxy

Real estate developer, Echo Investment is planning to expand Galaxy shopping center in Szczecin, Zachodniopomorskie voivodship, dlahandlu.pl reported. The number of shops will be increased from 170 to 200 and the total retail space will be expanded to 60,000 sqm. The value of the project stands at s...

Locked content Orbis to acquire two hotels in Hungary

Polish hospitality group, Orbis and its subsidiary, operating in Hungary – Accor-Pannonia Hotels Zrt., signed a preliminary purchase contract to acquire two hotels in Budapest from Flums Korlátolt Felelősségű Társaság, a press release read. Ibis Budapest Heroes Square (139 rooms) and Mercure B...

Locked content Poland 2nd largest shopping centre market in CEE

Although Poland kept its position as the second largest shopping center market in the CEE (after Russia), only 171,000 sqm of new space was completed in H1 2015, according to a report compiled by Cushman and Wakefield. While extension projects (4 schemes, 70,000 sqm) were primarily undertaken in cen...

Locked content Stary Browar mall sold for 290 mln euro

The ex-wife of late tycoon Jan Kulczyk, Grażyny Kulczyk has sold Stary Browar mall in Poznań to Deutsche Asset & Wealth Management (Deutsche AWM) for €290 million. Stary Browar is a center of commerce and art, built in November 2003, located in Poznań. The mall is a combination of retail space a...

Locked content Futura Park sold for €27 mln

Jones Lang LaSalle (JLL), on behalf of Encore+ has acquired the shopping mall known as Futura Park in Wrocław from equity fund IRUS, the media reported. The vale of the transaction stood at over €27 million, which roughly translates to PLN 115 million. Futura Park is located in the suburbs of Wrocła...