Locked content JLL: Office market to grow in 2015 outside Warsaw

The value of transactions in the office market in Poland excluding Warsaw was record high and stood at €440 million in 2014, compared with €156 million in 2013, according to the real estate company JLL. The firm informed that the highest valued transaction outside Warsaw was the purchase of the Quat...

Locked content Ronson to finalize 10 projects this year

Real estate developer Ronson is set to finalize 10 projects this year and plans to put some 1,200 units on the market, the company announced. The finalized investments include City Link and Nova Królikarnia in Warsaw and Picasso in Wrocław. The company also wants to conclude the expansion of already...

Locked content Housing construction numbers down in January

Developers and other investors completed 11,210 housing units in January 2015. This is 10.8 percent less than in January 2014 and 29.0 percent less than in December, according to preliminary statistics published by the Central Statistical Office (GUS). Construction on 7,240 units was launched in Jan...

Erbud to build new boutique office scheme in Warsaw

Real estate developer Green Property has selected Erbud as the general contractor for its new office scheme, dubbed Szucha – premium offices, located in Warsaw. The scheme will offer 7,500 sqm of office space plus retail space, a restaurant and conference facilities. Construction is set to begin by ...

PZU leases 18,000 sqm in Konstruktorska

Developer HB Reavis has leased 18,000 sqm of office space in its Konstruktorska Business Center to Poland’s largest insurer PZU. The insurance firm will take up levels one through three in the seven-storey building. It will move to the new premises in May 2015.

Poland 7th in Europe in real estate lending

Lending activity increased by 55 percent over the past year, “with markets across Europe witnessing increased deal flow, lender competition and pricing compression,” according to a report by real estate advisory Cushman & Wakefield. The top three locations of assets secured by lending in 2014 we...