Locked content Valad acquires Warsaw Corporate Centre

Valad Europe has purchased Warsaw Corporate Centre office building from MEAG fund, the value of the transaction has not been disclosed. “This is a high quality acquisition for VCERP and a well-known asset in Warsaw. In the past few months, we have started to see some excellent value-add opport...

Locked content Ghelamco gets loan for mBank HQ in Łódź

Budomal Investment, included in Ghelamco has signed loans with mBank for the construction of mBank’s headquarters in Łódź, Ghelamco Invest told the media. The value of one loan stands at €32.47 mln, which roughly translates to PLN 144.5 million, the other one is valued at PLN 8.5 million. Erbu...

Locked content Waimea to build logistics park for over PLN 100 mln

Industrial space developer Waimea Holding will invest some PLN 110 million in carrying out a logistics park in Młyny (Podkarpackie voivodship). First industrial hall will be open in mid-April. Waimea Logistics Park Korczowa will feature three halls, totaling 50,000 sqm. Estimated costs stand at PLN ...

Locked content Hines acquires Annopol Business Park

Hines Poland Sustainable Income Fund (HPSIF) has acquired Annopol Business Park from Europejskie Centrum Inwestycyjne (ECI), the media reported. Unfortunately, the value of the transaction has not been disclosed. Annopol Business Park is based in the Białołeka district of Warsaw. The facility featur...

Locked content Ghelamco to issue PLN 350 mln bonds

The Polish financial watchdog KNF has approved Ghelamco Invest, a subsidiary of Ghelamco Poland’s prospectus, consequently, the company will carry out a PLN 350 million bond issue. In November, Ghelamco Invest issued bonds valued at PLN 50 million. As of 30 September, Ghelamco Invest’s l...

Locked content IKEA to launch stores in Lublin and Zabrze

IKEA Centers is launching investment projects in Lublin and Zabrze and modernization of its unit in Poznań, propertynews.pl reported. Construction of Zabrze-based shopping center and integrated IKEA store will begin in 2017 and will last approximately a year. When it comes to the store in Lublin, it...

Locked content GTC acquires office building in Poznań

GTC Wilson Par, a subsidiary of WSE-listed Globe Trade Centre (GTC) has completed the acquisition of Pixel office building based in Poznań. The value of the transaction stood at €32.2 million, which roughly translates to PLN 143 million. A preliminary deal was signed in December last year. Pixel was...

Locked content Home prices lowest in a year

The home price index tracking home sales transactions fell 0.63 percent in December y/y and 0.19 percent on a monthly basis, according to a report by Home Broker and Open Finance. “For the fourth consecutive month the index has fallen. In effect, prices are at a level similar to that recorded ...