September 17, 2025

PKP Group and Ghelamco Group Resume Agreement to Build Warsaw-Gdansk Railway Station

Two companies from the PKP Group – PKP S.A. and Xcity Investment – are resuming the partnership with the Ghelamco Group that was interrupted several years ago.

According to Ghelamco, “an annex to the investment agreement has been signed, which will enable the resumption of preparations for large-scale joint investment. It will include the construction of a new Warszawa Gdanska railway station and a complex of four mixed-use commercial buildings with an estimated total area of about 100,000 square meters.”

Ghelamco reports that “the usable area of the station itself will be about 1,900 square meters. The project is to be divided into five phases. Four of them are the so-called commercial phases. This means that there will be one building with business functions within each of them. Phase Five will include the construction of the new Warszawa Gdanska railway station. This will create a business center with rail and underground connections.”

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Crownd Estate Group Completes Out-of-Court Restructuring

Austrian developer of luxury real estate Crownd Estate Group has completed an out-of-court restructuring following 18 months of intensive negotiations with 25 Austrian financial institutions.

Michal Radomski Joins Scallier as Investment Director in Poland

Radomski will advise the company’s clients on the acquisition of retail real estate and manage asset sale processes, representing property owners and developers.

7R Secures PLN 83.9 Million in Third Green Bond Offering

The company reports that, since the beginning of this year and the first issuance, it obtained capital totaling approximately EUR 77 million.