Belgian developer Ghelamco refinanced Warsaw Spire with the sum of 370 mln euro (approx. 1,57 billions PLN). Funds from the newest loan served to pay off the construction loan of 250 mln euro taken out last year. The refinancing covered also the redemption of the bonds, which resulted in the simplification of the ownership structure of the construction project. Warsaw Spire was...
BBI Development has acquired funds for the construction work on Centrum Marszałkowska, an office building currently emerging at Marszałkowska 126 Street. Through non-public bond issue of 50 000 series A bonds, belonging to BBI and "Społem" WSS SPV has gained 50 mln PLN, which it will use to cover e.g. general contractor fees. The building, which will provide over 13 000 sq m...
A month before the planned completion date, West Station II has been commissioned. The building, which is part of office project from HB Reavis, PKP and Xcity Investment, offers 38 000 sq m of area. The office complex comprised two buildings as a whole has provided 68 500 sq m of office area. First out of the buildings is already fully commissioned, while {West Station II} has ...
Preliminary construction work on Beethovena Business Park A, the first stage of an office project located at the junction of Beethovena and Sobieskiego Streets in Mokotów, has begun. The start of construction work, which will coincide with revealing of the general contractor, as well as an official presentation of the project, is planned for September. The first office build...
Adgar Poland is making efforts to turn Industrial Służewiec into a more attractive and friendlier area for both current and future residents and employees. The district, which is the biggest business district in Poland, is perceived solely as a place to work by many. There are various factors for this state of things, including problems with public transportation and the la...
Portugal group Porto Office has entrusted Erbud with general contractorship of Porto Office A, second stage of their office/retail project at Gen. Bohdana Zielińskiego Street in Cracow. The office building will provide Cracow office market with over 7 100 sq m of lettable area. Besides underground parking, there are also planned works on technical infrastructure such as pav...
The construction of multifunctional complex Centaurus has started and currently is at the earthwork stage. Centaurus, situated at the junction of Marszałka Józefa and Głowackiego Streets in Olsztyn, will consist of four buildings and will combine commercial and housing functions. The complex will also include a hotel. The area of the whole complex will be 29 000 sq m, of whic...
Construction works on Silesia Business Park - D, the last stage of Katowice located office complex Silesia Business Park, have begun. Completion of the works is estimated at the turn of Q3 and Q4 of 2018. The office group, which thanks to the shape of its facade is jokingly referred to as "tiramisu" by residents, offers over 44 000 sq m of A class office space in total. Bes...
2 months before the planned October handing over date, located at the junction of Domaniewska and Postępu Streets office building D48 has received an occupancy permit. The office building has already been rewarded with a LEED precertificate on the level "Gold" in LEED Building Design and Construction: Core and Shell Development category. The construction comprises 2 parts (...
Construction work on Pin Park office complex, situated at Fabryczna 33 Street in Wrocław, is starting soon. First out of the three planned buildings will offer 16 750 sq m of lettable area and will be commissioned in 3Q 2019. Total lettable area of the complex will stand at approx. 53 000 sq m. There will also be 1143 parking spots (1003 underground and 140 above ground) av...
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