Mayland to debut in residential sector

Retail space developer Mayland Real Estate and residential and commercial space developer Developres will soon launch construction work on their joint Bella Dolina housing project in Rzeszów. The companies have just received bank financing for the first phase of the scheme that is scheduled for comp...

Shopping mall owners investing in extensions – JLL

A fourth of the more than 400 shopping centers in Poland have already been extended, a trend that results from the increasing maturity of the retail property market in the country and the growing expectations of buyers, according to a recent analysis by JLL. On average, the malls have grown by more ...

Złota 44 sales proceeding apace

Investors Amstar and BBI Development have revealed that they have already sold 65 percent of the luxury apartments available in their iconic Złota 44 residential tower in downtown Warsaw. The building, which was designed by star architect Daniel Libeskind and completed last year, offers a total of 2...

Colliers to manage Europejski project in Warsaw

Colliers International has been appointed as the property manager of the Europejski mixed-use project that will be completed in downtown Warsaw in the coming weeks. The historic building – which is located on ul. Krakowskie Przedmieście, close to the city’s Old Town area, and dates back to the mid-1...

Penta preparing to launch second Polish scheme

Investor Penta Real Estate has started demolition work on a 6,300-sqm plot located in the Wola district of Warsaw where the company is planning to develop its second office project in Poland. The scheme will offer approximately 28,000 sqm of leasable space and is expected to be LEED-certified. The f...

Immobel to start building Central Point in Warsaw

Developer Immobel Poland will soon launch construction work on its planned Central Point office project in downtown Warsaw. The company has just contracted builder Warbud to build diaphragm walls for the technically challenging scheme, which will be located near the intersection of ul. Marszałkowska...

Panattoni to develop 27,400-sqm Ideal Automotive factory

Developer Panattoni Europe will build a 27,400-sqm factory in Świdnica in Lower Silesia for car parts manufacturer Ideal Automotive. This will be the developer’s third project for this client with the first two schemes being located in Zielona Góra and in the Czech Republic. Construction work on the...

CPI acquires HopStop retail park portfolio

Czech investor CPI Property Group has finalized its acquisition of a portfolio of five HopStop-branded retail parks across Poland from developer Katharsis Development. The portfolio includes four existing properties – located in Radom (opened in 2013), Zamość (two parks, opened in 2015 and 2016) and...

Housing permits grow in March – GUS

In March, the number of dwellings on which construction has started inched down y/y by 4.3 percent to 20,178, according to data released by the Central Statistics Office (GUS), in m/m terms it soared by 45.7 percent. Moreover, the number of dwellings completed increased by 12 percent y/y to 15,332.

Poznań’s Vilda Park gets under construction

Developers BPI Real Estate Poland and Acteeum Group have launched construction work on their joint Vilda Park residential project in Poznań with builder CFE Polska acting as the general contractor. The scheme is located in the Wilga area of the city and will offer a total of 230 apartments in four b...