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News

Hotels

A colossal win-win?

schedule 02 December 2015
Agata Kłapeć

WORLD It wasn’t Hyatt, nor the Intercontinental Hotels Group, nor any of the Chinese state-owned funds. Starwood Hotels & Resorts is to be acquired by its almost three times bigger rival Marriott International. How will this mega-transaction reshape the international and CEE hotel and hospitality landscape?

Only USD 356 mln transacted on Russian retail assets

schedule 02 December 2015
Rafał Ostrowski
journalist

RUSSIA Cumulative investment on the Russian shopping centre market in January-November amounted to app. USD 356 mln, according to CBRE.

Retail & leisure

Retail park to open in Świętochłowice

schedule 02 December 2015
Rafał Ostrowski
journalist

POLAND Polish construction and investment company Budecon plans on launching the Zgoda Retail Park in Świętochłowice near Chorzów.

Retail & leisure

Echo plans third and fourth stage of Outlet Park Szczecin

schedule 02 December 2015
Tomasz Szpyt-Grzegórski

POLAND A new section of Outlet Park Szczecin, which Echo Investment has developed in the second stage of the project, was opened on November 25th.

Office & mixed-use development

Rainbow apartments and offices

schedule 02 December 2015
Eurobuild CEE

POLAND Work on the second stage of the Tęczowy Raj (Rainbow Paradise) estate in Wrocław is to start in Q1 next year.

DSV Solutions to open Panattoni Park Grodzisk warehouse

schedule 02 December 2015

POLAND DSV Solutions has commissioned and leased another warehouse to add to its three new locations opened in Poland this year (Gdańsk, Sosnowiec and Teresin).

Large Wilanów plot changes hands

schedule 02 December 2015
Tomasz Szpyt-Grzegórski

POLAND A parcel of almost 17 ha on ul. Przyczółkowa in Warsaw’s Wilanów district, the planned site of a large estate, now has a new owner.

Retail & leisure

Echo reveals Galaxy extension details

schedule 02 December 2015
Ewa Andrzejewska

POLAND Echo Investment has published details for the extension and modernisation of the Galaxy shopping and entertainment centre in Szczecin.

Retail & leisure

Multi Poland to extend Galeria Leszno

schedule 02 December 2015
Aneta Cichla

POLAND Erbud has been awarded a PLN 14.6 mln contract by Multi Poland to construct the extension of Galeria Leszno.

Warehouse & industrial

Panattoni completes GE Energy Management factory

schedule 02 December 2015
Rafał Ostrowski
journalist

POLAND Panattoni Europe has completed the development of a 45,000 sqm factory on a 12ha site in Bielsko-Biała for GE Energy Management.

Warehouse & industrial

Ikea moves into Tulipán Park

schedule 02 December 2015
Eurobuild CEE

HUNGARY Ikea has signed a long term lease contract for a new external pick-up facility in the Logicor-owned Tulipán Park in Biatorbágy near Budapest.

Bilfinger buys Czech consultancy

schedule 01 December 2015
Nathan North
deputy editor

CZECH REPUBLIC The GVA Worldwide network has expanded its presence in the CEE region by entering into a cooperation agreement with Czech real estate consulting firm Prochazka & Partners.

Hotels

Crowne Plaza boosts Balkan presence

schedule 01 December 2015
Eurobuild CEE

SERBIA InterContinental Hotels Group is set to open a Crowne Plaza hotel in Novi Sad, Serbia’s second largest city.

CBRE: retail investment up 45 pct

schedule 01 December 2015
Agata Kłapeć

EUROPE In Q3 2015 retail investment activity in Europe has reached near record levels with EUR 17 bln transacted, a 45 pct y-o-y increase, says CBRE.

Investment & finance

TriGranit sale to TPG finally goes through

schedule 01 December 2015
Nathan North
deputy editor

CEE REGION TPG Real Estate has finalised its acquisition of Hungarian developer and investor TriGranit.

Investment & finance

European office take-up swells by 11 pct

schedule 01 December 2015
Agata Kłapeć

EUROPE Over the first three quarters of the year total European office take-up in increased by 11 pct y-o-y, as a number of local markets, including Berlin, Madrid, Paris and Warsaw, saw strong leasing volumes, says Knight Frank in its latest report.

Warimpex suffers EUR 31.6 mln loss

schedule 30 November 2015
Rafał Ostrowski
journalist

EUROPE Difficulties involved in operating on the current Russia market are continuing to drag down Warimpex’s results.

Investment & finance

Meyer Bergman buys all of Galeria Katowicka

schedule 30 November 2015
Rafał Ostrowski
journalist

POLAND A fund advised by property investment manager Meyer Bergman has bought out the remaining stake of the Galeria Katowicka shopping centre in Katowice from Neinver and Poland’s state railway company PKP to become the mall’s sole owner.

Investment & finance

Segro signs Prague extension and starts spec project

schedule 30 November 2015
Rafał Ostrowski
journalist

CZECH REPUBLIC Kuehne + Nagel Group has prolonged its 16,500 sqm lease for another five years in Segro Logistics Park Prague.

Warburg fund acquires Wrocław office building

schedule 30 November 2015
Rafał Ostrowski
journalist

POLAND Institutional real estate fund Europa Select Immobilien Invest, managed by Warburg-HIH Invest Real Estate, has acquired the Dubois 41 office building in Wrocław’s Nadodrze district from French developer Nacarat for app. EUR 21 mln.

Edition 4 (287) April 2024

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