Warsaw announces new subway tender

The city of Warsaw has announced a tender for the construction of new sections of the capital’s second subway line, the city hall said in a press release on Wednesday.

Locked content Second Warsaw subway line construction completed

AGP Metro Polska has completed construction work on the second subway line in Warsaw and will now submit documentation necessary to obtain approvals, reports Polish Radio. Before passengers will be able to travel on the underground railway line, the contractor will have to obtain hundreds of approva...

Locked content Warsaw wins prize in Bloomberg Mayors Challenge

The city of Warsaw was awarded one of the runner-up prizes in the annual Bloomberg Mayors Challenge, organized by Bloomberg Philanthropies. The Grand Prize for Innovation, worth €5 million, this year went to Barcelona and its project called “Collaborative Care Networks for Better Aging.” The runner-...

Locked content Warsaw office vacancy rates above 13%

Office vacancy rates in Warsaw have increased in the second quarter of the year to reach 13.4 percent at the end of June, up from 11.7 percent at the end of Q1 2014, according to a report by Warsaw Research Forum, an association of commercial real estate advisory firms. Vacancy rates remain higher i...

Warsaw gets PLN 1 bln loan from EIB

The European Investment Bank has granted a PLN 1 billion loan to Warsaw, the lender said in a press release on Tuesday. The funds will be spent on city infrastructure upgrading projects.

Locked content Warsaw to invest millions into Vistula surroundings

The Warsaw City Hall has earmarked PLN 155 million on investments into infrastructure in the direct vicinity of the Vistula river, Warsaw mayor Hanna Gronkiewicz-Waltz said at a press conference on Sunday, as reported by TVN24. The money will be spent on the construction of boulevards on embankments...

Locked content Warsaw up in office cost ranking

Warsaw came in 60th in the latest ranking of the most expensive office locations carried out by advisory CBRE, with occupancy cost at €35.56 per sqm per month. “Despite rent decline in Warsaw seen over the past few quarters, Poland’s capital has improved its position in the ranking by 3 points, main...