Locked content Robyg may spend another PLN 70-100 million on land

Property developer Robyg may spend PLN 70-100 million on land purchases in Warsaw before the end of this year, the company’s supervisory board chairman Oscar Kazanelson told the Polish Press Agency in an interview. Earlier this year, the company spent almost PLN 80 million on Warsaw plots. Next year...

Locked content Robyg signs joint-venture deal on Mokotów project

Property developer Robyg has agreed to sell 49 percent in its Robyg Mokotów Investment project to NCRE II Investments Limited (NCRE II), the company said in a statement on Friday. The agreement also stipulates for up to PLN 40 million in financing for the project. The agreement will be finalized aft...

Locked content GTC files for Galeria Wilanów permit

In the first half of September, property investor and developer GTC filed for a building permit for the construction of the Galeria Wilanów shopping mall, the company’s director general Piotr Kroenke told the Polish Press Agency. “Galeria Wilanów is a  large and complicated project. At the moment we...

Locked content Public agencies lease more office space – CBRE

Polish state agencies have been increasingly active in leasing new office space for three years, taking advantage of the increasing supply of office space, and the trend is expected to continue, CBRE analysts said. “The office market in Warsaw is increasingly mature and this is a great moment for th...

Locked content PHN closer to privatization?

Two bidders have submitted offers for state-controlled real estate group Polski Holding Nieruchomości, according to sourced quoted by Forsal.pl. One of them is Grupa Radius, which confirmed the news. “The offer was submitted several weeks ago,” the company’s press office said. Radius had been intere...

Locked content Infosys BPO extends lease in record deal with Skanska

Infosys BPO Poland has signed a lease agreement with Skanska for more than 21,000 sqm in the Infosys Green Horizon office complex in Łódź. The deal covers new terms for the area already leased by Infosys and additional office space of 3,800 sqm. According to Cushman & Wakefield, which represente...

Locked content Housing construction numbers down in August

Developers and other investors completed 9,802 housing units in August 2014, 6.3 percent less than in July 2014 and 21.2 percent less than in August 2013, according to preliminary statistics published by the Central Statistical Office. Construction on 13,993 units was launched in August, percent 4 m...

Locked content BGK to co-finance Hala Koszyki

State-owned lender Bank Gospodarstwa Krajowego (BGK) has announced it would co-finance the redevelopment of Hala Koszyki in Warsaw by Griffin Group. BGK will provide a total of €81 million euro, including €60.84 million from the Polish Investments program, a loan from the EU-funded JESSICA program w...

Locked content Five developers shortlisted for Warszawa Główna

Poland’s state-owned railway group PKP has shortlisted five companies in its tender for the redevelopment of the Warszawa Główna station in Warsaw, the company said in a press release on Wednesday. Altogether six firms had submitted offers. The shortlisted developers are ECE Projektmanagement Polska...

Locked content Distribution Park Annopol expanded

Property investor and developer Hines Polska has announced the completion of a new warehouse at Distribution Park Annopol on ul. Daniszewska in Warsaw’s Białołęka district. The new unit adds 6,440 sqm of warehouse and 699 sqm of  office space. The facility’s main tenant is courier services company D...