Locked content Goodman Poznań Airport Logistics Centre fully leased

Developer Goodman Group has signed two lease agreements for a total of 12,000 sqm at Poznań Airport Logistics Centre. The new customers are Victaulic, a world leader in mechanical pipe joining systems, and an exporter of food products. With these new agreements, the first warehouse at Goodman’s Pozn...

Locked content Polnord sold 276 units in Q1

Real estate developer Polnord sold 276 units in the first quarter of 2016, the company reported. As many as 120 hotel project agreements were signed and implemented by the group in Wilanów, Warsaw. Recently, Polnord announced the intention to put 1,550 apartments on the market this year. Polnord is ...

Locked content Budimex Nieruchomości pre-sells 317 apartments in Q1

Budimex Nieruchomosci, a real estate unit of builder Budimex, pre-sold 317 apartments in Q1 2016, compared to 499 apartments in the corresponding period of 2015, Budimex spokesperson Krzysztof Koziol told the Polish Press Agency (PAP). Notary sales reached 242 apartments in Q1, compared to 109 apart...

Locked content Robyg contracted 727 residential units in Q1 2016

In Q1 2016, Robyg Group reached a record level of 727 contracted residential net units in Warsaw and Gdańsk, including resignations. Thus, it is the best quarterly result in its history. In comparison with the same period of 2015, the company has noted growth of 36 percent . In 2016 the Group expect...

Locked content Hochtief Polska to build office building in Warsaw

Hochtief Polska has signed a contract for the construction of a sustainable office building according to the BREEAM certification standard at 8 Bobrowiecka Street in Warsaw. The contract comprises construction of a commercial and a service area, an underground garage, as well as the construction of ...

Locked content Atal introduces 224 residential apartments

Real estate developer Atal has begun the sale of 224 apartments in the first phase of Atal Residence, Kraków, the company reported. Atal Residence Complex is located on the land of former the Miraculum factory. It is one of the most important projects in the company’s history, officials stated...

Locked content Dom Development sales grow by 32% in Q1

Listed real estate developer Dom Development sold 615 apartments (32 percent y/y increase) in Q1 2016 and handed over 256 apartments (35 percent y/y increase) in the same period, the company said in a market filing. The Q1 financial result will mainly be affected by apartments handed over from the R...

Locked content Alma Market to sell 50% of its property portfolio

Polish real estate Alma Market has sold three retail properties (out of six) worth PLN 27 million in total to the investment fund Skarbiec TFI. The “Sale and lease back” transaction was in relation to three supermarkets from the Alma chain (two in Kraków, one in Warsaw). Alma Market, as ...

Locked content Prologis completes 30,000 sqm expansion for Pepco

Prologis, one of the leading industrial real estate developers, announced that it has completed a 30,000 sqm expansion of a distribution facility in Rawa Mazowiecka for Pepco, a leading clothing and homeware retailer. Construction ended three weeks ahead of schedule. Once operational, the facility w...

Locked content Atal may sell 2,000 units in 2016

Real estate developer Atal said it may sell 2,000 apartments in 2016 and hand over between 1,500 and 2,000 units, the company said. In 2015, it sold 1,690 apartments and handed over 628. “We said we planned to sell 1,600-1,800 units. Looking at the results for Q1 (509 sold apartments) we shoul...