Locked content B&B Hotels may be put on sale

Private equity fund Carlyle, which is the owner of budget hotel chain B&B Hotels is mulling a sale of the business, Reuters reported on Friday. Carlyle is the 300-hotel chain’s main shareholder with a 80 percent stake, which it acquired in 2010 for around €480 million. The fund is also con...

Locked content Retail market – big agglomerations on the rise

As many as 590,000 sqm of modern retail stock is currently under construction, 252,000 sqm of which will be delivered in the largest agglomerations, according to international advisory company JLL. “At the end of Q2 2015 modern retail stock in Poland totaled 12.54 million sqm consisting of 8.96 mill...

Locked content BGK: 23,297 flats acquired under MdM program

As many as 23,297 apartments and houses were purchased under the government mortgage subsidy program, Apartment for Youth (MdM), in the last 18 months. State-owned lender BGK announced that PLN 296 million of the PLN 715 million earmarked for 2015 has already been granted to finance 12,757 applicati...

Locked content Aviva leases 12,900 sqm in Gdański Business Center

International insurer Aviva has signed a lease for 12,900 sqm in Gdański Business Center (GBC)in Warsaw. Aviva plans relocate its headquarters and open a branch of its customer service center in the new space. In summer of next year, the company will move into  Gdański Business Center II, which is c...

Locked content Satoria to develop new office building in Wola

Real estate developer Satoria will construct another office building at Ciołka street in Wola district of Warsaw, a press release read. The entire GLA will encompass 9,000 sqm. The  six-storey building will be developed near eight other existing buildings belonging to Satoria. The scheme is located ...

Locked content Warehouse to be built in Zamość

An unknown investor has informed the  authorities of the city of Zamość (Lubelskie voivodeship) that it is willing to develop a logistics warehouse in the municipality, web portal portalzamojski.pl reported. The investor is to be interested in land of 3,000 sqm, according to the web portal. The ware...