Locked content Warsaw Sheraton changes owner

Starwood has sold a portfolio of eight hotels, including The Sheraton hotel in Poland to Benson Elliot Capital Management LLP and Walton Street Capital, for €420 million, propertynews.pl reported. The European Commission has approved the transaction. In order to acquire the portfolio, Benson Elliot ...

Locked content Spektrum Tower with new tenants

Three companies have recently joined the group of tenants in the Spektrum Tower office building in Warsaw. Office HUB – a provider of instant office services, Deininger Consulting – an international executive search company, and Finip Group representing TOP FOREX brand in Poland, have leased 1,450 s...

Locked content Robyg issues bonds

Real estate developer Robyg has issued 600 four-year bonds valued in total at PLN 60 million, the company reported. The securities are due to mature on October 29, 2019, but they may be bought back before the deadline, Robyg pointed out. The company added that it is gong to enter the bonds on Cataly...

Locked content Intercontinental to build new hotel in Warsaw

UBM Development will develop a new Intercontinental hotel in the city center of Warsaw, under the brand of Holiday Inn. The investment is to reach a value of €25 million, propertynews.pl reported. The Holiday Inn Warszawa-City Center scheme will be carried out on Twarda street and will feature 254 r...

Locked content Panattoni Business Center Łódź II open

Panattoni Europe has launched a 33,000 sqm Panattoni Business Center Łódź II, the company reported. The centre consists of two buildings – offering 17,000 sqm and 16,000 sqm of GLA. Construction work began just seven months ago. The tenants include: HUTCHINSON, DSV, FARUTEX BIDVEST POLSKA , PE...

Locked content Karuzela shopping mall to be developed in Piaseczno

Karuzela shopping center will be carried out in Piaseczno, near Warsaw, a press release read. Previously, such retail project was developed in Września. The investor behind the scheme is Warsaw-based Globex. Karuzela will feature 9,000 sqm of GLA, it will include a grocery store and 11 other outlets...

Locked content Rockcastle acquires shopping mall in Zabrze

South African Rockcastle equity fund has purchased Triuva Platan shopping center in Zabrze, propertynews.pl reported. The transaction is to be completed by the end of the year. Its value may exceed PLN 50 million, the web portal informed. Platan shopping mall was launched in 2003. It offers 31,00 sq...

Locked content Erbud with PLN 22.4 million contract

Erbud has been chosen as the general contractor to build a housing project in Kraków carried out by real estate developer Echo Investment. The value of the contract stands at PLN 22.4 million and the project will be delivered by July 3, 2017. Erbud currently has a portfolio of ten projects worth PLN...