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The Warsaw Voice » Real Estate » December 19, 2007
The Real Estate Voice
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December 19, 2007   
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Builders Battle It Out On Court
A doubles tennis tournament for people working in the construction industry took place Dec. 9 at an indoor tennis arena in Marki near Warsaw.

Thirty-two players took part. Eugenio Pastorica and Jean Yves Ebel beat Marek Piotrowicz and Rafa" Twarowski in the finals. The event, organized by the Construction Club and Win Win Consulting, took place under the auspices of The Warsaw Voice.

Donaldsons Now DTZ

Donaldsons Polska, which specializes in comprehensive real estate services in property management, consultancy and leasing, changed its name to DTZ Dec. 14. The company's full legal name is now DTZ Retail Polska Sp. z o.o.

This follows the July merger of DTZ and Donaldsons. DTZ is now one of Poland's largest real estate advisers, managing over 30 commercial properties with a combined area of nearly 800,000 sq m and handling more than 1,600 leasing agreements.

The company employs more than 170 people in Poland and provides integrated services that take in investment consultancy, agency, brokerage, valuation, research, property management, asset management and project and building consultancy.

DTZ has been operating in Poland since 1994. The company is part of DTZ Holdings plc which has been listed on the London Stock Exchange since 1987.

TriGranit World Beaters

The ambitious Silesia City Center project from Hungarian developer TriGranit won the World Leadership Awards 2007 for Katowice. These are granted to cities and investors for designs and projects in a variety of areas. More than 400 cities around the world submitted entries this year.

The Silesia City Center project, which beat off contenders from India and South Africa, was nominated in the Economy and Employment category. While reviewing the finalists, the panel got to learn about TriGranit's "city center" approach to European development. For Katowice, this encompasses three elements.

First, there is the Silesia City Center shopping mall which opened in November 2005. The mall is owned by Austria's Immoeast fund and managed by SCC Management. Second, there is the Dêbowe Tarasy residential district where some 1,000 apartments are under construction. The first of these will become available during the first quarter of next year. Finally, there are the planned Silesia Towers which will house around 65,000 square meters of A-class office space. One of the towers will be the tallest office building in the region. Construction is scheduled for 2008.

The World Leadership Awards committee appreciated the impact the project would have on the economy and labor market of Katowice in particular, and Silesia generally. Most notably, the project will revitalize the 30-hectare site of a former coal mine. TriGranit's project will help develop trade and services and the company will be investing in urban infrastructure like roads and utilities.

New Hotel Being Built in Cracow

The firms UBM and GD&K Group started building work on a new hotel on Monte Cassino Street in Cracow mid-November. The hotel will be part of the Park Inn chain. The project, with an area of 12,500 sq m, will cost about 26 million euros.

The new hotel will have 152 rooms and conference space seating 500. It will also have an underground garage for 72 cars. The building will have six above-ground stories, including four hotel floors. The building is expected to be finished in the first quarter of 2009.
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