Locked content Strabag to build new VW plant near Poznań

Strabag has been selected to build a new production plant for Volkswagen in Poland. The car manufacturer plans to manufacture the next generation of its VW Crafter delivery van in the new factory in Białotężyce near Września, about 50 km from Poznań. Strabag has been commissioned to build three of t...

Locked content DTZ: 40% of Polish malls free of debt

Some 40 percent of shopping centers in Poland (out of the 114 schemes analyzed) have no mortgage loans encumbering them. These are usually properties held by large retail operators or investment funds with low-risk profile and long-term investment horizon, according to a recent DTZ report. These com...

Locked content Sołowow and Starwood not taking over Echo – paper

US investment firm Starwood Capital Group and Polish investor Michał Sołowow are no longer in talks to acquire 46 percent in property developer Echo Investment, according to sources quoted by Puls Biznesu. Neither of the potential investors confirmed the talks. The sources said that the negotiations...

Locked content Starwood Capital buys Quattro Business Park

Real estate investment group Starwood Capital Group has acquired the Quattro Business Park office complex in Kraków, the company said in a press release on Tuesday. The complex, developed by Grupa Buma, consists of four buildings with a GLA of about 48,500 sqm. The buildings were completed between 2...

Locked content Ghelamco secures financing for new office project

Property developer Ghelamco has signed an agreement with lender PKO BP, securing financing for its Wołoska 24 office project in Warsaw’s Mokotów district, Ghelamco said in a press release on Monday. PKO BP will lend €34.1 million for the investment itself and PLN 10 million for VAT payments. The con...

Locked content MLP to build warehouses for Piotr i Paweł

Industrial property developer MLP Group will build warehouses near Warsaw and Poznań for supermarket chain Piotr i Paweł, the company said in a statement on Monday. The facilities will have an area of 45,000 sqm. The 38,000 sqm warehouse in Teresin near Warsaw will be the central storage area for th...
Focus Mall Bydgoszcz
Image : Wikipedia

Locked content Atrium buys Focus Mall in Bydgoszcz for €122 mln

Atrium Real Estate has purchased Focus Mall in Bydgoszcz from Aviva Investors for €122 million. Consultancy CBRE advised the buyer said in the negotiations. “Investors are increasingly interested in regional commercial real estate markets, both large and smaller, recognizing their growing potential....

Locked content Poland third in CEE in planned shopping malls

Poland is the third country in the CEE region, after Russia and Turkey, in terms of shopping center space planned to be delivered between H2 2014 and 2015, according to a report by advisory Cushman & Wakefield. As much as 540,000 sqm of space will be added to the Polish retail market within shop...