Locked content Yareal to launch new office project in Warsaw

Developer Yareal is carrying out preparatory work for a new office project in Warsaw, Propertynews.pl reported. The scheme, to be located on Aleje Jerozolimskie in the capital, will offer 11,000 sqm of GLA. Construction work on the project is due to start early next year, Yareal has said. The develo...

Locked content Skanska completes office scheme in Kraków

Developer Skanska has delivered building B of the Kapelanka 42 office scheme in Kraków, featuring 11,200 sqm of leasable space. The entire complex comprises two buildings, it total offering 30,000 sqm of office space. Each of the buildings in the complex will have 9 storeys above ground and 3 underg...

Gant shrouded in controversy

Financial Supervision Authority is examining the controversy around developer Gant, which has published a number of contradictory statements this week, causing major fluctuations in the company’s stock price.

Locked content HB Reavis launches phase two of GBC

Slovakian developer HB Reavis has launched phase two of its Gdański Business Center office project, located north of Warsaw’s city center. The second stage will comprise two buildings, altogether offering 50,000 sqm of class A office space, designed by Hermanowicz Rewski Architekci. It is scheduled ...

Locked content Ghelamco to issue PLN 200 million worth of bonds

Ghelamco Invest has launched public offer of its series PC bonds with face value at PLN 100,000 each. The total value of the issue is up to PLN 200 million. The company has directed its issue at investors purchasing at least PLN 500,000 worth of bonds each. Investors have until July 10 to subscribe ...

Locked content Grupa Waryński with permit for EQlibrium

Developer Grupa Waryński has obtained a valid building permit for the construction of office scheme EQlibrium, which will be located in Warsaw’s Wola district. The construction will be launched in Q3 2014, the company said in a statement. The building will feature 9,878 sqm of class A office and ret...

Locked content Emperia to list real estate arm

Major Polish FMCG distributor Emperia is in the process of spinning off its real estate assets and will later list the new company on the stock exchange, the group’s CEO Dariusz Kalinowski told Parkiet in an interview. The spin-off should be announced in Q3 2014, Kalinowski said. One of the most imp...

Locked content Echo Investment buys land in Warsaw

Property developer Echo Investment has acquired land in Warsaw from Banco Financiero y de Ahorros for €42 million, the company said in a statement on Friday. Echo plans to invest into projects worth some PLN 1 billion in that area. The 4.4 hectare plot acquired by Echo is located between ul. Grzybow...

Locked content PHN still on sale – Treasury

Poland’s Treasury Ministry is still willing to sell a majority stake in real estate group Polski Holding Nieruchomości (PHN), Deputy Treasury Minister Wojciech Kowalczyk was quoted as saying by the Polish Press Agency. The Treasury said earlier this week that it failed to choose an investor for PHN....