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News

Office & mixed-use development

Renovations for Długi Dom

schedule 13 October 2014
Aneta Cichla

POLAND Work is in progress on the redevelopment of the Długi Dom health centre in Uzdrowisko Cieplice, which is to be adapted into a modern spa facility.

Retail & leisure

Galeria Słoneczna in the first three quarters

schedule 13 October 2014
Aneta Cichla

POLAND Eighteen new shops have been opened in Galeria Słoneczna in Radom since the beginning of the year, while some brands have extended their stores.

Retail & leisure

Three new faces for Forum Radunia

schedule 13 October 2014
Aneta Cichla

POLAND Mango, Le Coq Sportif and City Sport have become the latest tenants of the newly-built Forum Radunia shopping centre in Gdańsk.

Retail & leisure

Esotiq spices up Plaza Rzeszów store

schedule 10 October 2014
Aneta Cichla

POLAND Underwear retailer Esotiq has enlarged and refurbished its shop in the Plaza Rzeszów shopping centre.

Residential

Second stage of Vilnius project begins

schedule 10 October 2014

LITHUANIA Lithuanian construction company Conresta has started the second, EUR 2.26 mln (LTL 7.8 mln) phase of its Vilnius residential project, Karaliaučiaus Terasos.

Americans eye Sołowow’s stake in Echo Investment

schedule 10 October 2014
Tomasz Szpyt-Grzegórski

POLAND The 46 pct stake in Kielce-based developer Echo Investment, put up for sale by the company’s founder and biggest shareholder Michał Sołowow earlier this year, has tempted a large US player.

Investment & finance

Polish and Romanian banks most eager to support developers

schedule 10 October 2014
Agata Kłapeć

CEE REGION While less than one third of European banks are considering disposing of part of their commercial loan portfolios within the next 12-18 months, their share reaches 60 pct in Bulgaria, 57 pct in Hungary and 50 pct in both Croatia and Slovenia, according to KPMG’s latest study examining prospects for banks financing the real estate sector.

Warehouse & industrial

Delta packs into Panattoni Park Gliwice II

schedule 10 October 2014
Nathan North
deputy editor

POLAND Panattoni Europe is launching the construction of a 10,559 sqm facility for Northern Irish packaging manufacturer Delta Packaging in Panattoni Park Gliwice II.

Budimex wins Jarocin ring road contract

schedule 10 October 2014
Tomasz Szpyt-Grzegórski

POLAND The Poznań branch of General Directorate of National Roads and Motorways (GDDKiA) has chosen Budimex’s offer for the construction of the Jarocin ring road along the S11 route.

Investment & finance

PetroLot to sell three office buildings and plots near Warsaw Airport

schedule 10 October 2014
Tomasz Szpyt-Grzegórski

POLAND Airship refuelling services company PetroLot is selling a number properties in the neighbourhood of Warsaw Airport. The starting price for all the properties is PLN 52.3 mln.

Starwood to sell LHG?

schedule 09 October 2014
Nathan North
deputy editor

WORLD US equity group Starwood Capital is looking for buyers for its Louvre Hotels Group (LHG) chain, according to French media.

Office & mixed-use development

Prague hotel project becomes mixed-use

schedule 09 October 2014
Nathan North
deputy editor

CZECH REPUBLIC Permission has been given by the city authorities for a hotel project under construction on Národní třídě in central Prague to become instead a mixed-use development.

Warehouse & industrial

Bodycote gears up for further expansion

schedule 09 October 2014
Nathan North
deputy editor

POLAND Axi Immo has represented thermal processing services company Bodycote in the selection of an investment plot and in the lease negotiations for a 2,500 sqm production project​​ on a 1 ha site in Siechnice near Wrocław’s eastern ring road.

Investment & finance

Metropolitan in Warsaw sold

schedule 09 October 2014
Tomasz Szpyt-Grzegórski

POLAND The Metropolitan office building, designed by Norman Foster, has been sold.

Putin signs property tax rise

schedule 09 October 2014
Rafał Ostrowski
journalist

RUSSIA President Vladimir Putin has signed a new law to increase property taxes.

Lowest ever supply on St Petersburg office market

schedule 09 October 2014
Rafał Ostrowski
journalist

RUSSIA Four business centres with 38,800 sqm of office space in total were completed in St Petersburg in the third quarter of this year.

Residential

Royal Triangle added to Prague villa district

schedule 09 October 2014
Nathan North
deputy editor

CZECH REPUBLIC Svoboda & Williams has been granted the exclusive mandate to sell and rent units in the Royal Triangle residential project Prague 6, in the Ořechovka villa district close to Prague Castle.

Funding boost for Apartments for the Young scheme

schedule 09 October 2014
Aneta Cichla

POLAND The ‘Apartments for the Young’ programme to house young couples is to be provided with additional funding of PLN 191 mln in 2014 – according to Bank Gospodarstwa Krajowego, which is responsible for the financial servicing of the project.

Office & mixed-use development

Tristan keeps Mokotów tenant

schedule 09 October 2014
Tomasz Szpyt-Grzegórski

POLAND Healthcare advertising company Connectmedica has prolonged its lease in the Mokotów Nova building in Warsaw until 2020.

Office & mixed-use development

ANR to move to GBC

schedule 09 October 2014
Tomasz Szpyt-Grzegórski

POLAND The Agricultural Property Agency (ANR) is to move into the Gdański Business Center office complex in Warsaw next spring.

Edition 3 (286) March 2024

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