Locked content Immofinanz launches VIVO! mall in Krosno

Developer Immofinanz Group has launched construction of a shopping center in Krosno, south-eastern Poland, under the VIVO! brand. The construction should be completed in Q1 2017. The project is valued at €37 million. The new mall will feature 22,000 sqm of GLA within 70 units. It will be located in ...

Locked content Złota 44 to be completed with loan

Developer BBI is going to finance the completion of the Złota 44 project with a loan, Puls Biznesu daily reported. “The owner of the building is not in debt. We have been in talks with banks to get a PLN 180-190 million loan in order to complete the project,” BBI Development CEO Michał S...

Locked content CEE real estate investment volume 28% up in 2014

The total investment volume in the CEE region (excluding Russia) amounted to €7.7 billion, 28 percent more than in 2013, a report by CBRE stated. With €3.1 billion, Poland accounted for 40 percent of the total volume. The increase in CEE investment deals is mainly due to the increased investor inter...

Locked content PKP chooses partner for Kraków Główny development

Polish Railways PKP has selected GD&K Consulting for its partner in the re-development of the Kraków Główny Railway Station. The project will involve the construction of 21,000 sqm of office and retail space at the estimated cost of €55 million. Construction is set to be launched in 2017 and com...