Image : Orco Property Group

Złota 44 sold

The tallest European residential skyscraper, Złota 44, located in the very center of Warsaw, Poland, has been sold. The transaction value was €63 million, according to a report from BBI Development.

Locked content Rank Progress finalizes sale of mall to Immofinanz

Property developer Rank Progress has signed the final agreement on the sale of a shopping mall project in Piła, northwestern Poland, to Immofinanz Group for PLN 57.7 million net, the company said in a press release on Wednesday. Immofinanz has refinanced the outlays that Rank Progress has already ma...
Image : Kraków Business Park

Locked content Kraków Business Park may go on sale

Kraków Business Park (KBP), a bankrupt company operating one of the largest office complexes in Poland, may soon go on sale, reports Puls Biznesu. The asking price may be as high as PLN 360 million, covering the value of the company’s shares and its debt. “The court must approve the valuation and th...
Image : Panattoni Europe

Locked content Panattoni buys land for Poznań logistics park

Industrial property developer Panattoni Europe has purchased 18 hectares of land for a new logistics complex dubbed Panattoni Park Poznań IV, the company said on Monday. Construction of the first 35,000-sqm building may now be launched. Panattoni Park Poznań will be located in Komorniki near Poznań ...
Image : VGP

Locked content P3 buys warehouses in Czech Republic

Logistics property developer PointPark Properties (P3) has agreed on the acquisition of a 627,000 sqm portfolio of warehouses and logistics grounds in the Czech Republic. The transaction value was €523 million. Tristan Capital Partners and VGP were P3’s advisors in the deal In the Czech Republ...
The Tides
Image : Por Property Investments Group

Locked content Por Property launches construction of The Tides scheme

Por Property Investment Group is about to launch construction on a mixed-use scheme in Warsaw’s Powiśle district, called The Tides. Construction will commence in early September and is scheduled to be completed in early 2016. The complex will be located on the bank of the River Vistula. One of the b...
Galeria Północna
Image : GTC

Locked content GTC files for Galeria Północna permit

Developer GTC has filed for a building permit for Galeria Północna in Warsaw’s northeastern Białołęka district. The company is also working on a permit application for Galeria Wilanów, which is set to be built in the southern part of Warsaw. The mall in Białołęka will deliver 64,000 sqm of leasable ...
Łopuszańska Business ParkImage : Ghelamco

Locked content Ghelamco completes portfolio sale to Starwood

Property developer Ghelamco has finalized the sale transaction of three office buildings to an American private equity investor – Starwood Capital Group. The terms and conditions of the transaction remain confidential. Two of the offices, T-Mobile Office Park and Łopuszańska Business Park, are situa...

Locked content Construction market continues growth

Construction of 85,506 apartment units was launched in January-July period of 2014, 18.9 percent more than in the first seven months of 2013, according to preliminary data published by statistics office GUS on Tuesday. Building permits for 92,237 apartments were issued over the first seven months of...