Image : Eiffage Polska Budownictwo

Locked content Eiffage to build Fabryka Wołomin

Construction firm Eiffage Polska Budownictwo has signed a contract with PHW on the construction of the Fabryka Wołomin shopping mall near Warsaw, together with parking lots and infrastructure, the company said in a press release on Thursday. The construction is due to be completed in October 2015. F...
Image : Adgar Poland

Locked content Adgar buys Cirrus building

Property investor Adgar has announced the acquisition of a new asset in Poland, the Cirrus office building in Warsaw’s Mokotów district. The seller was Castle Carbery Properties acting for  Mazovia Holdings II. The deal value was not disclosed. The Cirrus building will now be renamed Adgar Wave. It ...
Image : Vantage Development

Locked content Erbud to build Promenady ZITA

Construction company Erbud said on Monday that it has signed a contract to build further stages of the Promenady ZITA office building in Wrocław. The agreement, signed with Promenady ZITA Sp. z o.o., an SPV of Vantage Development, stipulates for the construction of stages A, C and D of the office bu...
Equator office building
 Image : Immofinanz Group

Locked content Immofinanz signs leases for 9,000 sqm in Warsaw

Property developer and manager Immofinanz Group has recently signed several lease agreements in Warsaw, for space adding up to more than 9,000 sqm. One of the agreements was signed with the General Inspectorate for Road Transportation, for more than 7,000 sqm in Equator, an office building in Warsaw...

Locked content PZU eyeing real estate investments

Polish largest insurer PZU is looking to invest more in real estate, Krzysztof Tokarski, PZU’s CEO told propertynew.pl. The firm is also preparing a fund for individual investors. “As a large insurer in this part of Europe, PZU is also considering investing in real property. This form of activity is...

Locked content Polish Railways to create a development company

Polish Railways PKP will establish a separate development company that will oversee the company’s all real estate projects. “We’ve come to the conclusion that the scale and the number of projects we want to carry out as joint ventures with private partners is so large that managing them through SPVs...
Forum Radunia
Image : Multi Corporation

Locked content Forum Radunia in Gdańsk greenlit

Multi Corporation, a company specializing in shopping center investment and re-development, has received building permit for its Forum Radunia shopping mall project, scheduled to deliver 62,000 sqm of GLA in 2016. The scheme will be located in downtown Gdańsk. The project is due to commence in autum...

Locked content Robyg may spend another PLN 70-100 million on land

Property developer Robyg may spend PLN 70-100 million on land purchases in Warsaw before the end of this year, the company’s supervisory board chairman Oscar Kazanelson told the Polish Press Agency in an interview. Earlier this year, the company spent almost PLN 80 million on Warsaw plots. Next year...

Locked content Robyg signs joint-venture deal on Mokotów project

Property developer Robyg has agreed to sell 49 percent in its Robyg Mokotów Investment project to NCRE II Investments Limited (NCRE II), the company said in a statement on Friday. The agreement also stipulates for up to PLN 40 million in financing for the project. The agreement will be finalized aft...