Locked content Tensor X in Gdynia gains new tenant

Thai Union Poland has signed a lease agreement for over 250 sqm in Tensor X office building on the scheme’s third floor. Experts from international advisory company JLL represented the building’s developer – EURO STYL – in the lease transaction. “Thai Union Poland is another company that has selecte...

Locked content Solaris Center to be expanded

Solaris Center, a shopping mall located in Opole city center will be expanded for some PLN 100 million via public-private partnership formula. The scheme assumes constructing a 300-spot underground car park, the road system will be rebuild and the shopping mall will be expanded. Construction work is...

Locked content Peakside office buildings to change owner

Partners Group Real Estate Secondary along with Peakside WB Partnership are planning to set up a joint venture named WB Properties Sarl, propertynews.pl reported. UOKiK, the anti-monopoly watchdog was notified about the transaction. As a consequence, office schemes including Atrium Centrum (17,300 s...

Locked content New visualizations of Centralna Park scheme

Xcity Investment, a real estate subsidiary of PKP which is planning to build office space worth €350 mln in the Warsaw city center has released new visualization of the scheme. Centralna Park will be located between the following thorougfares: Chmielna, Żelazna, Aleje Jerozolimskie and Aleja Jana Pa...

Non-prime investment activity increases

According to DTZ’s Investment report, the commercial real estate investment volume in Poland totaled €801 million in H1 2015, down by 42 percent compared to the same period last year and was at half the level seen six months ago.

Locked content Immofinanz finalizes Empark takeover

As the anti-monopoly watchdog UOKiK approved the transaction, real estate developer Immofinanz completed a purchase of the remaining stake in Empark Mokotów Business Park, thus becoming the only owner of the Warsaw-based complex, the media reported. The value of the deal is unknown. The stake belong...

Locked content 40-year olds are most frequent renters

In Poland almost 600,000 flats are rented by private persons, the Central Statistical Office (GUS) informed. Surprisingly it is not students who are the most frequent renters but people over 40 years of age. Analysis conducted by Lion’s Bank showed that 38 percent (216,000) of all renters are ...

Locked content Tours sells phase 1 of Alchemia office complex

Torus has sold phase one of Alchemia office complex in Gdańsk to a joint venture of a fund managed by Bluehouse Capital Advisor and an investment vehicle managed by independent Polish fund and asset manager REINO Partners. The value of the transaction was not revealed. Alchemia is a Class A office c...