Locked content PKP sells properties worth PLN 46.4 mln

State-owned railway group PKP sold some 180 properties worth a total of PLN 46.4 million in the first half of 2014, the company’s management board member Piotr Ciżkowicz was quoted as saying by ISBnews. By the end of 2014 the value is expected to reach PLN 236 million, Ciżkowicz said. “We maintain t...
Image : JLL

Locked content Small cities still attractive for retail developers

Two shopping centers and four retail parks, totaling 85,000 sqm of GLA, were delivered to the Polish market in Q2 2014. All of the new projects are located in cities with population below 100,000, according to a report by consultancy Knight Frank. The biggest scheme completed in Q2 2014 is Galeria B...
Gdański Business Center 
Image : HB Reavis

Locked content HB Reavis with €25 million refinancing loan for GBC

Slovakian developer HB Reavis has sign an agreement with lender BZ WBK for a refinancing facility totaling €24.9 million for the construction of building B of Gdański Business Center. In May of this year, BZ WBK granted the developer a €46.8 refinancing loan for the construction of building A of the...
Lipowy Office Park
Image : CA Immo

Locked content Office investment deals at €700 million in H1 2014

Office properties dominated the investment market in Poland in the first half of 2014, with the deal volume in this segment accounting for over 50 percent of the total investment value of €1.4 billion, real estate advisory DTZ wrote in a report. The retail sector came in second, with a 26 percent ma...
Image : Panattoni Europe

Locked content Panattoni to build new logistics park

Logistics property developer Panattoni will build four buildings consisting of a total of 90,000 sqm of warehouse space  in Sosnowiec, Upper Silesia, the company said in a press release. Right now, it plans to complete the first phase of the investment, delivering 21,900 sqm for potential clients. T...