Nowa Stacja
24/7 Communication

Locked content ECC to build shopping mall in Pruszków

ECC Real Estate is set to launch the construction of shopping center called Nowa Stacja in Pruszków, a southern satellite city of Warsaw. The mall, set to launch in 2016, will be the first shopping mall in the area. The mall will feature 25,000 sqm of GLA, housing 120 retail and service units. The E...

Locked content Rank Progress plans shopping malls sale

Rank Progress, a property investor, plans to sell several of its shopping centers and build and finalize other ones, ISBnews reported on Tuesday. The company will initiate the construction of the Aviator shopping mall in Mielec, south-eastern Poland, and open another one in Krosno. In H1 of 2014 Ran...
Image : Echo Investment

Locked content Echo to extend Galeria Sudecka

Developer Echo Investment will extend its Galeria Sudecka project by a 51,000 retail park, the company said in a statement on Monday. It has won a tender to acquire land necessary to build the unit. “The first stage of the retail park will include a 15,000 sqm Leroy Merlin store. In the second stage...
Karolkowa Business ParkImage : Asbud

Locked content Asbud buys Karolkowa Business Park

Development group Asbud has acquired 50 percent in Karolkowa Business Park in Warsaw from CPI, raising its stake in the project to 100 percent. The value of the deal has not been disclosed. The project is currently under development and is scheduled to be delivered in January 2015. It comprises 17,8...

Locked content PHN unit launches Port Rybacki in Gdynia

Dalmor, a unit of real estate group Polski Holding Nieruchomości (PHN), has concluded talks with developer mLocum and will sign an agreement on the construction of six residential buildings in Gdynia in northern Poland, PHN said in statement on Monday. The agreement will allow for the launch of the ...

Locked content BBI to build Centrum Marszałkowska

The Polish WSE-listed property developer BBI Development has finally been given a building permit that will allow the company to construct Centrum Marszałkowska multifunctional center, company informed. The scheme will be located in the very center of Warsaw next to Świętokrzyska subway stations. It...

Locked content Złota 44 sale won’t cover Orco’s losses

Orco Property Group, the developer on the Złota 44 project has released data showing losses in the first half of 2014. The sale of the Złota 44 project should lower the investor’s obligations by €47 million, but will not be enough to cover its losses long-term. The building was sold to Amstar ...
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.