Image: MLP Group

MLP Group trumpets H1 leasing activity

Developer MLP Group signed eleven lease agreements for a total of almost 97,800 sqm of warehouse and office space in the first half of this year, commercializing as much space as in the whole year 2016. The largest transactions concluded in H1 included the lease by retailer Żabka of 24,700 sqm at ML...

Panattoni to develop new BTS project in Łódź

Compin, a French manufacturer of components for public transport vehicles, has signed a ten-year lease agreement with industrial space developer Panattoni Europe for a total of almost 11,000 sqm of production and office area in Łódź. The developer will develop a built-to-suit manufacturing facility ...

Polnord apartment sales up 17% y/y

Warsaw Stock Exchange-listed developer Polnord sold 316 apartments in the second quarter of 2017, which marks a 17 percent increase upon the same period last year. The record quarterly sales of more than 300 housing units seen by Polnord since the beginning of this year are the result of a strategy ...

Savills to re-commercialize Bielsko-Biała retail park

Real estate services firm Savills will advise investor Biuro Inwestycji Kapitałowych on the re-commercialization of the Retail Park Karpacka in Bielsko-Biała in southern Poland, which was opened for business almost three years ago. The retail park comprises approximately 6,900 sqm of retail space, o...
Image: Orbis Hotel Group

Orbis brings new luxury hotel brand to Poland

Hospitality company Orbis Hotel Group will open a five-star, MGallery by Sofitel-branded hotel in downtown Wrocław in 2019. Located in the historic Ostrów Tumski area of the city, the hotel will comprise almost 200 rooms and will be the first hotel of the luxury brand in Poland. “Our network in Pola...

Leroy Merlin opens third store in Wrocław

DIY retailer Leroy Merlin will today open its third store in Wrocław (and eighth in Lower Silesia), which is located on ul. Krakowska near the Galeria Handlowa Family Point shopping mall. On its more than 12,000 sqm of space the store houses around 41,000 products. Leroy Merlin has been present in P...

Polnord to participate in Mieszkanie Plus program

Warsaw Stock Exchange-listed developer Polnord will develop a residential project in Pruszków near the Polish capital within the government’s Mieszkanie Plus housing program. The scheme, which will comprise 400 apartments, will be the first development in Mazowieckie voivodship to be built within th...

Largest developers pleased with H1 apartment sales

Warsaw Stock Exchange-listed Atal, Dom Development and Robyg, three of the largest residential developers in Poland, have published very good apartment sales results for the first half of the year. Robyg sold 1,693 apartments in H1, which marks an over 23 percent increase upon the same period last y...

NBP head: REITs could be risky

Poland’s plans to introduce law regulating real estate investment trusts (REIT) may bear risks due to the timing of the implementation, amid negative real interest rates, Polish Central Bank (NBP) President Adam Glapiński said.