Housing construction drops in May – GUS

In May, the number of dwellings in which construction has started dropped y/y by 5.9 percent to 20,536, according to data released by the Central Statistics Office (GUS), year-to-date it grew by 9.3 percent. Moreover, the number of dwellings completed decreased by 12.3 percent y/y to 11,958, while Y...

Fitness club among tenants of The Warsaw HUB complex

Fitness club chain Zdrofit has leased more than 1,500 sqm of space at The Warsaw HUB mixed-use project that Ghelamco is now developing in the Wola district of Warsaw. CBRE and JLL represented the tenant and the landlord in the lease negotiations respectively. Zdrofit will occupy space on the first s...

Yareal completes flagship Warsaw office project

Developer Yareal has obtained an occupancy permit for Nowogrodzka Square in downtown Warsaw, the company’s flagship office project in the city. The six-story scheme, which took almost 20 months to build, comprises 11,000 sqm of space and includes a new pedestrian passageway connecting Al. Jerozolims...

New tenant at Equator IV in Warsaw

Warsaw Stock Exchange-listed food products manufacturer Colian has leased almost 900 sqm at the Equator IV office building in the Polish capital, which is owned by Karimpol Polska. The transaction was brokered by JLL with the tenant expected to move into its new premises in the autumn of this year. ...

Construction on Panattoni’s latest Warsaw park gets underway

Developer Panattoni Europe has launched construction work on its Panattoni Park Warsaw South logistics complex at Sękocin near Warsaw. In the first phase of the project the developer will deliver a 14,500-sqm BTS facility for CTDI, a company offering engineering, repair and logistics services for th...

Murapol buying land in Wrocław

Developer Murapol has signed four preliminary agreements for the purchase of plots totaling over 2.3 hectares and located on ul. Konduktorska in Wrocław. The combined value of the transactions amounts to PLN 8.1 million. The company hopes to develop a residential project comprising 350 apartments (w...

Awbud to build Międzyzdroje apartment hotel

Investor Minde has selected builder Awbud as the general contractor of its planned By The Sea Resort apartment hotel project in Międzyzdroje on the Baltic coast. The value of the contract amounts to PLN 70.5 million. The four-floor scheme will comprise 207 rooms and will also include conference spac...

J.W. Construction launches sales in Warsaw high-rise project

Warsaw Stock Exchange-listed developer J.W. Construction has launched pre-sales of apartments in Bliska Wola Tower, the final phase of its flagship Bliska Wola project located at the intersection of Al. Prymasa Tysiąclecia and ul. Kasprzaka in the Wola district of the Polish capital. The 27-floor sc...

Pereca 11 rental apartments completed in Warsaw

Investor Catella Real Estate and developer Matexi have held an official ceremony marking the completion of the Pereca 11 residential project in downtown Warsaw, which is the first housing scheme in Poland to be exclusively earmarked for long-term institutional rentals. The development, which compris...