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News

Retail & leisure

ECC to build Nowa Stacja in Pruszków

schedule 04 September 2014
Aneta Cichla

POLAND ECC Real Estate, the developer of the Promenada shopping and entertainment centre in Warsaw (now renamed Atrium Promenada), is to carry out another retail project just outside the capital.

Warehouse & industrial

UED takes more in MLP Pruszków II

schedule 04 September 2014
Aneta Cichla

POLAND The area leased by Universal Express Distribution in the MLP Pruszków II logistics park, which is owned by MLP Group, has been increased to nearly 11,700 sqm.

Investment & finance

CEE commercial investment volumes slow down "temporarily"

schedule 03 September 2014
Agata Kłapeć

CEE REGION Although in H1 2014 commercial real estate investment volumes in Eastern Europe have reached EUR 3.6 bln, a marginal slow down compared to the last year, they will soon accelerate again, says Colliers International in its latest study.

Residential

Skanska merges Czech and Polish resi developers

schedule 03 September 2014
Nathan North
deputy editor

POLAND/CZECH REPUBLIC Skanska Residential Development Czech Republic and Skanska Residential Development Poland have been merged to form a new business unit: Skanska Residential Development Europe.

NAM to build retail park in Elektrostal

schedule 03 September 2014
Rafał Ostrowski
journalist

RUSSIA Norman Asset Management is about to start development of the Torgoviy Park N1 retail project in the city of Elektrostal, 60 km east of Moscow.

Office & mixed-use development

Corner House fills up

schedule 03 September 2014
Nathan North
deputy editor

POLAND The first tenants have moved into the recently opened Corner House office building in Warsaw’s Mokotów district.

Secure Property enlarges and differentiates Romanian portfolio

schedule 03 September 2014
Agata Kłapeć

ROMANIA Secure Property Development & Investment, a Cyprus-based SEE-focused real estate investor, has made another property purchase in Romania. The London-listed company bought a EUR 3.3 mln residential portfolio comprised of 122 apartments situated in four Bucharest complexes.

Office & mixed-use development

Bionic Hill Innovation Park halted

schedule 03 September 2014
Rafał Ostrowski
journalist

UKRAINE The construction of Bionic Hill Innovation Technopark in Kyiv’s Sviatoshynsky district has been halted.

HB Reavis issues EUR 30 mln of bonds

schedule 02 September 2014
Nathan North
deputy editor

SLOVAKIA HB Reavis has closed its inaugural bond transaction on the Bratislava stock market by raising EUR 30 mln, bringing the total funds of HB Reavis raised on the capital markets since November 2013 to over EUR 63 mln.

EM&F to close fashion franchise by year-end

schedule 02 September 2014
Aneta Cichla

POLAND Empik Media & Fashion wants to close down its franchise of 90 fashion stores by the end of the year.

Interior design

Remodelling of CH Batory completed

schedule 02 September 2014
Aneta Cichla

POLAND Work has now been completed on the refurbishment of the interiors and façade of the Batory shopping centre in Gdynia.

Retail & leisure

Third Stop.Shop opens in Kętrzyn

schedule 02 September 2014

POLAND Immofinanz Group has opened its third Stop.Shop strip mall in Poland.

City Service Grupa Techniczna wins Galeria Warmińska contract

schedule 02 September 2014
Aneta Cichla

POLAND City Service Grupa Techniczna (CSGT) has been selected as the facility manager of Galeria Warmińska in Olsztyn.

Retail & leisure

First few tenants in Liwa

schedule 02 September 2014
Aneta Cichla

POLAND The first few tenants have signed up for space in the Liwa shopping centre in Kwidzyn – a project planned by the Inbap FIZAN fund.

Retail & leisure

Large mall to open in conflict-torn Ukraine

schedule 02 September 2014
Rafał Ostrowski
journalist

UKRAINE The Prospect shopping centre in Kyiv is set to open on September 25th, the project’s developer Arricano Real Estate has announced.

CEE markets co-determine Auchan’s H1 surge

schedule 02 September 2014
Agata Kłapeć

EUROPE/CEE REGION In H1 2014, French grocer Auchan has posted a healthy growth, driven mostly by its Eastern European and Chinese operations. From running a total of 1,006 hyper- and 2,746 super- markets around the globe, Groupe Auchan generated a consolidated revenue incl. tax of EUR 31.2 bln, up 4.7 pct y-o-y.

Office & mixed-use development

Skanska signs first tenant for Bucharest office development

schedule 02 September 2014
Agata Kłapeć

ROMANIA French pharmaceutical company Sanofi has leased app. 2,200 sqm of space in the second building of the Green Court Bucharest office complex in Bucharest, becoming its first tenant. The company plans on moving into the Skanska development’s Building B in June 2015.

Investment & finance

Mint Investments buys Astra and Euro

schedule 02 September 2014
Nathan North
deputy editor

CZECH REPUBLIC Mint Investments has announced the acquisition of Palác Euro and Palác Astra in Wenceslas Square (Václavské náměstí) in Prague for EUR 40 mln.

Warehouse & industrial

Segro takes more Action in Nadarzyn

schedule 02 September 2014
Nathan North
deputy editor

POLAND Polish IT and household appliances and electronics distributor Action has leased an additional 2,000 sqm in Segro Logistics Park Warsaw, Nadarzyn, bringing the total area it occupies up to 14,000 sqm.

Retail & leisure

Estonian book retailer builds cinema chain

schedule 02 September 2014
Agata Kłapeć

ESTONIA Estonian cinema operator Apollo Cinema is purchasing Solaris Property Partners-owned Solaris Cinema, a seven-screen cinema in the Solaris shopping center in Tallinn.

Edition 4 (287) April 2024

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