Locked content HB Reavis with €25 million refinancing loan for GBC

Slovakian developer HB Reavis has sign an agreement with lender BZ WBK for a refinancing facility totaling €24.9 million for the construction of building B of Gdański Business Center. In May of this year, BZ WBK granted the developer a €46.8 refinancing loan for the construction of building A of the...

Locked content Office investment deals at €700 million in H1 2014

Office properties dominated the investment market in Poland in the first half of 2014, with the deal volume in this segment accounting for over 50 percent of the total investment value of €1.4 billion, real estate advisory DTZ wrote in a report. The retail sector came in second, with a 26 percent ma...

Locked content Panattoni to build new logistics park

Logistics property developer Panattoni will build four buildings consisting of a total of 90,000 sqm of warehouse space  in Sosnowiec, Upper Silesia, the company said in a press release. Right now, it plans to complete the first phase of the investment, delivering 21,900 sqm for potential clients. T...

Locked content Griffin gets green light for Hala Koszyki

Developer Griffin Group has obtained a valid building permit for the redevelopment of retail/office scheme Hala Koszyki in Warsaw’s city center. Construction is scheduled to launch by the end of August and finish in 2016. The project’s total cost is estimated at €80 million. Apart from 6,000 sqm of ...

Locked content Warehouse demand peaks in H1 2014

Gross take-up reached 912,000 sqm in H1 2014, 17.2 percent more than in the same period of last year and 62 percent more than in H1 2012, according to a report by advisory JLL. Net demand (excluding renegotiations) amounted to 527,000 sqm in the first six months of 2014, which is 10 percent more tha...