Cornerstone laid for Mennica Legacy Tower offices in Warsaw

Developer Golub GetHouse has held a cornerstone-laying ceremony at the construction site of the Mennica Legacy Tower office project, which it is currently developing, in cooperation with Mennica Polska, in the Wola district of Warsaw. Builder Warbud is the general contractor of the scheme, which is ...
Image: InterContinental Hotels Group

New Holiday Inn hotel planned for Warsaw

Hotel company InterContinental Hotels Group (IHG) has revealed that a new Holiday Inn-branded hospitality project is to be developed near the Warsaw West railway station in the Polish capital. Developer Capital Park will be the investor of the scheme, which will be managed by VHM Hotel Management. T...

Poland to implement REIT law by 2018

Poland will present a new draft of the bill on real estate investment trusts (REIT) in several weeks, Marcin Obroniecki from the Finance Ministry said. The institution should be introduced into Polish law by 2018.

Investment in CEE hotel markets on the rise – report

The total value of the investment transactions closed in the hotel property markets of Central and Eastern Europe (including Austria, Bulgaria, the Czech Republic, Hungary, Poland, Romania and Slovakia) increased from just over €700 million in 2015 to almost €1.2 billion last year, according to the ...

Cornerstone laid for tallest office tower in Poland

Developer HB Reavis has recently held a cornerstone-laying ceremony at the construction site of its Varso office project in downtown Warsaw, which will include the tallest building in Poland and one of the tallest office skyscrapers in Europe. The huge scheme, which is being developed across the str...

Construction begins on Vector + office project in Warsaw

Investor City Level has launched construction work on its Vector + office project in Warsaw. The scheme will be developed near the intersection of Al. Prymasa Tysiąclecia and ul. Obozowa in the north-western part of the fast-developing Wola district of the city and is scheduled for completion at the...

Dom Development launches new project in Warsaw

Warsaw Stock Exchange-listed developer Dom Development has launched apartment sales in its Cybernetyki 17 residential project located in the Mokotów district of the Polish capital. The scheme will be developed on ul. Cybernetyki in the Służewiec Przemysłowy business area of Mokotów and will comprise...

Marvipol acquires prime residential site in Warsaw

Warsaw Stock Exchange-listed developer Marvipol has signed a conditional agreement for the purchase of 6,000 sqm of land located on ul. Grzybowska in the quickly developing Wola district of the Polish capital where it plans to develop an upper-standard residential project with approximately 440 apar...

Victoria Dom expands offer with 185 apartments

Developer Victoria Dom has introduced 185 apartments to its offer in an investment located in Warsaw’s Praga district. The project comprises two buildings with 1-5-room apartments featuring 25-72 sqm of space. Prices start at PLN 6,390 per sqm. The project is scheduled for completion in Q4 201...

Octava to acquire office and retail portfolio from BPH FIZ

The Octava FIZAN fund is now in the process of acquiring a portfolio of a total of eleven office and retail assets – including Centrum Krakowska 61, Renaissance Tower and Eureka Park in Warsaw, and Onyx in Kraków – from two BPH FIZ funds. Savills is advising the buyer on the transaction, which is ex...