The buildings with a high rent rate represents approximately 20-25% of vacant office spaces in Warsaw. The number of high-boudget buildings will increase next year as a result of launching the new investments including; Plac Unii, Le Palais or Senator. Actually the transaction rate on the market is relatively small but according to the market analysis the amount of vacant offi...
SGI Balist developer began to construct the new investment in Szczecin - Lastadia office building. The project offering 12 000 sqm of rentable space, will be completed at the end of 2012. The pre-let process has just began and the monthly rent is about 14 euro/sqm....
McKinsey company will move to the Malta Office Park located at Arcybiskupa Baraniaka Street in Poznań. The new tenant hired 2 700 sqm of office space. Malta Office Park has been designed by the Litoborski-Marciniak architectural studio and will be constructed by Echo Development. The investment shall be completed at the end of this year. ...
Increasing demand for the residential, office and retail space encourages developers for taking some bolder actions including purchasing of land. Echo Investment last year has acquired premises worth almost 280 mln złotych and intends to spend this year next 100 mln for purchasing the land for both residential and commercial investments. ...
Polish company subsidiary to French developer Bouygues Immobilier will realize for TP SA the project of five 5-storey buildings at Jerozolimskie Avenue. The buildings will provide approximately 27 000 sqm of office space in total. TP SA has signed the lease agreement for a period of 10 years, with a possible extension. The investment shall be completed in the first half of 201...
Metropolitalna Railway Project was awarded by the European Union the grant of 600 mln złotych, that will cover 85% of the investments cost. The Metropolitalna Railway will link Gdańsk and Gdynia with the Wałęsa Airport. The journey to both cities will take about 25 minutes. From Rębiechowo to Gdańsk Zasapa will arise new, 20 kilometers long, double track and electrified line. ...
Harvard Business Review Polska classified Poland as a one of the countries, where macroeconomic condition and political climate are supporting the new investments. According to the authors of the report Euro 2012 is a very important factor increasing the number of investments on Polish market. The report was based on the analysis of the international consulting company Eurasia...
Local Government Appeals Board has obliged the Government of Olsztyn city to re-draw the building conditions preapred for Centaurus building. The main reason of mentioned decision was too large size of the building: 90 meters width and 17-storey high. The Appeals Board decided that the Government of Olsztyn should present detailed analysis justifying such a large size of the b...
The Azora Fund has got from the Westdeutsche ImmobilienBank credit of 21,6 mln Euro for purchase of Awatar building in Kraków. The building offering in total 11 500 sqm of space, is actually let out in 100% by the BNP Fortis Bank Polska....
CEO of Portico Galicja Warsaw company owninig the premises at the corner of Rajska and Heweliusza Streets announced that the company intends to sell the site. In October 2009 has been issued the construction permit but the company anticipates that investment will not return. The investor will look for a new owner, but there is a small chance that the investment will start this...
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