Locked content Skanska launches new office scheme in Poznań

Skanska Property Poland is about to start the construction of its second office investment in Poznań, dubbed Maraton. Phase one of the new scheme will be launched in January 2015 and completed in Q4 2016, the firm said. The Maraton project will feature over 25,000 sqm of office space within six floo...

Locked content Warsaw office rents close to bottoming out – JLL

As office rents in the Eurozone periphery continue to recover, in the CEE there is downward pressure in Warsaw, while Budapest and Prague are expected to have reached the bottom, according to a report published by JLL. Warsaw rent levels remain the highest among CEE cities, exceeding those in Budape...

Locked content Skanska sells Green Horizon in Łódź

Developer Skanska Property Poland has sold its Green Horizon office complex in Łódź, the firm’s first investment in the city to a fund managed by Griffin Real Estate. The value of the transaction has not been disclosed. This is Skanska’s third major divestment transaction over the past two months, f...

Locked content Apartment sales up 20% in 2014

Apartment sales in Poland’s six largest cities was 20 percent higher in 2014 than in 2013, according to Reas. Developers have also filed for more building permits than a year ago. The increase in sales did not translate into a higher credit activity for banks, as at least some of the purchases were ...