Image: BBI Development

Centrum Marszałkowska in Warsaw topped out

Investors BBI Development and Warszawska Spółdzielnia Spożywców Społem Śródmieście have held a topping-out ceremony at the construction site of their Centrum Marszałkowska office and retail project in downtown Warsaw. The scheme, which is located at the intersection of ul. Marszałkowska and ul. Świę...

Locked content BBI Development’s net loss increases to PLN 4.35 mln in H1 y/y

Listed real estate developer BBI recorded a PLN 4.35 million consolidated net loss attributable to shareholders of the parent company in the first half of 2017 compared to a PLN 3.28 million loss a year earlier, the company has reported. Operating loss was PLN 1.5 million in comparison with a profit...
Image: BBI Development

BBI signs major tenant for Centrum Marszałkowska in Warsaw

A debt buying company whose name has not been revealed has leased a total of more than 5,200 sqm of office space on four floors in the Centrum Marszałkowska mixed-use project that Warsaw Stock Exchange-listed developer BBI Development is now (in cooperation with WSS Społem Śródmieście) developing in...

BBI gets financing for two Koneser buildings in Warsaw

A subsidiary of Warsaw Stock Exchange-listed developer BBI Development has secured more than PLN 43.2 million in bank financing from Pekao SA for buildings ‘E1’ and ‘E3’ in the Centrum Praskie Koneser mixed-use project in the Polish capital. The loan is to be repaid by the end of September 2019. The...

Cornerstone laid for Centrum Marszałkowska in Warsaw

Investors BBI Development and WSS Społem have held the cornerstone-laying ceremony at the construction site of their Centrum Marszałkowska office and retail project in downtown Warsaw. Builder Korporacja Budowlana Doraco is the general contractor of the scheme which is scheduled for completion in th...

Koneser plot changes hands

BBI Development subsidiary PD6 has signed an agreement for the sale of almost 0.08 hectares of developed land located within the Koneser mixed-use complex in Warsaw to Centrum Praskie Koneser (CPK), a special-purpose vehicle that is jointly held by BBI and Liebrecht & Wood. The value of the tran...

Locked content German fund buys 72 units in Złota 44

Real estate developer BBI Development has inked a preliminary deal with German real estate fund Catella Wohnen Europa for the sale of 72 apartments in Warsaw’s skyscraper Złota 44, the developer said. The total space of the apartments amounts to 8,224 sqm, accounting for 23 percent of the buil...

Locked content BBI Development to sell Centrum Marszałkowska

The Polish WSE-listed property developer BBI Development has signed a letter of intent in terms of selling Centrum Marszałkowska, the company said in a statement. BBI Development has indicated neither a buyer, nor the sum of the transaction. It is known only that the client is an international insti...

Locked content Doraco lands PLN 83.53 mln deal

BBI Development’s Nowy Sezam has signed a PLN 83.53 million contract with Doraco Construction Corporation for the construction of ‘Centrum Marszałkowska’ building. Centrum Marszałkowska is a unique project located on the corner of Marszałkowska and Świętokrzyska streets. The buildi...