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News

Interior design

Work out while you work

schedule 09 December 2015
Anna Pakulniewicz

EUROPE The Wilkhahn Stand-up is an office furniture product designed to support the movement and well-being of the spine while working.

Investment offensive from Whirlpool

schedule 09 December 2015
Eurobuild CEE

POLAND Whirlpool is planning to invest EU 235 mln (almost PLN 1 bln) in Poland over 2016 and 2017.

Hotels

Hilton announces details of second Łódź hotel

schedule 08 December 2015
Tomasz Szpyt-Grzegórski

POLAND Hilton Worldwide has signed a franchise agreement with VHM Hotel Management to open the group’s second hotel in Łódź

Public buildings

Skra returned to the city

schedule 08 December 2015
Anna Pakulniewicz

POLAND The Supreme Court has dismissed cassation appeals for the plot under and around the Skra stadium in Warsaw.

Office & mixed-use development

MegaGrinn to open in Kursk

schedule 08 December 2015
Rafał Ostrowski
journalist

RUSSIA Kursk-based developer Grinn Corporation is planning to open its MegaGrinn mixed-use project in Kursk in 2016.

Retail & leisure

Papa John’s considers entering CEE

schedule 08 December 2015
Eurobuild CEE

EUROPE US-based pizza restaurant chain Papa John’s is looking for potential franchisees in Poland, the Czech Republic, the Netherlands and Belgium, as it is currently expanding to France, where it plans to launch app. 40 restaurants soon, the company informed.

Investment & finance

Record loan for Echo Investment

schedule 08 December 2015
Ewa Andrzejewska

POLAND Echo Investment has signed a loan agreement with a bank consortium consisting of BZ WBK and Erste Group Bank for a EUR 342 mln loan and an additional PLN 15 mln for two retail projects: Pasaż Grunwaldzki in Wrocław and Galaxy in Szczecin.

Investment & finance

Obi adds 70 locations to store portfolio

schedule 08 December 2015

EUROPE The European Commission has agreed for the German home improvement retailer Obi to take over 68 of the 105 stores run by its struggling Austrian competitor Baumax in Central Europe.

Retail & leisure

Liwa shopping centre opens for customers

schedule 07 December 2015
Aneta Cichla

POLAND Investment fund Inbap has opened the Liwa shopping centre in Kwidzyń.

Hotels

Four-star Dana operates in Szczecin

schedule 07 December 2015
Aneta Cichla

POLAND J.W. Construction has finished the construction of the four-star Dana hotel in Szczecin.

Retail & leisure

Budecon completes Zgoda retail park

schedule 07 December 2015

POLAND The Zgoda retail park in Świętochłowice was opened on November 29th.

Investment & finance

Jurek changes hands

schedule 07 December 2015
Tomasz Szpyt-Grzegórski

POLAND The Kraków Regional Division of the Military Property Agency has sold at auction two plots in Zakopane on which the Jurek boarding house stands.

Investment & finance

PKP sells Bródno plot

schedule 07 December 2015
Tomasz Szpyt-Grzegórski

POLAND The Polish State Railways (PKP) has signed a notarial deed for the sale of an 11 ha property on ul. Kiejstuta in Warsaw, with the property to change hands for PLN 40 mln as a result of the transaction.

Retail & leisure

Warsaw attractive for luxury

schedule 07 December 2015

EUROPE Warsaw is an excellent place for luxury brands to expand their presence in – and even more, so considering the fact that more and more good quality commercial space is being developed on the city’s high streets – these are the conclusions that could be drawn from the ‘Warsaw: A new development direction for luxury brands in Poland’ conference, which took place on November 25th at the Polish Embassy in Paris.

Residential

Work begins on Praga skyscraper

schedule 07 December 2015
Tomasz Szpyt-Grzegórski

POLAND Construction work on the 85m Aura Sky residential building has started in Warsaw’s Praga-Południe district.

Retail & leisure

Outlet Białystok 2.5k bigger

schedule 07 December 2015
Aneta Cichla

POLAND Outlet Białystok has been extended by 2,500 sqm, bringing its total area up to 15,000 sqm.

Retail & leisure

Tenth Dekada opens its doors

schedule 07 December 2015
Aneta Cichla

POLAND Dekada Malbork, the tenth shopping centre under the Dekada brand, has now opened

Investment & finance

Rank Progress refinances Brama Pomorza

schedule 07 December 2015
Tomasz Szpyt-Grzegórski

POLAND Rank Progress has obtained a loan for the refinancing of the Brama Pomorza shopping centre in Chojnice from BPH bank.

Investment & finance

Yandex to buy 53,500 sqm in Krasnaya Roza

schedule 07 December 2015
Rafał Ostrowski
journalist

RUSSIA Russian search engine company Yandex is planning to buy out the 53,500 sqm of space that it is currently leasing out in the Krasnaya Roza office complex in Moscow, according to anonymous market sources quoted by the Russian daily Vedomosti.

Property and Facility Management

ECE Russia to manage Golden Babylon

schedule 07 December 2015
Rafał Ostrowski
journalist

RUSSIA ECE Russia has been selected to be the manager of the Golden Babylon Rostokino shopping centre in Moscow’s Sviblovo district.

Edition 4 (287) April 2024

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