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Office & mixed-use development

Avielen to invest another EUR 155 mln in Airportcity

schedule 12 March 2015
Rafał Ostrowski
journalist

RUSSIA Avielen, a joint venture set up by Warimpex, CA Immo and UBM, is reportedly set to invest EUR 155 mln more into the Airportcity mixed-use complex by 2030 when it is planned to be completed.

Investment & finance

European investors eye demographic and social trends

schedule 12 March 2015
Agata Kłapeć

EUROPE Berlin, Dublin, Madrid, Hamburg and Athens performed best among the European cities showing the strongest property investment prospects in 2015. Warsaw was ranked 14th, a three place drop compared to the 2014 ranking. Prague took the 18th position, a two place y-o-y fall, while Budapest was ranked 22nd, a five place jump compared to the last year, according to an annual investment prospects survey by PwC.

Retail & leisure

Warsaw’s Modo signs first fashion tenants

schedule 11 March 2015
Aneta Cichla

POLAND Modo Domy Mody, a new retail centre which is being developed on ul. Łopuszańska in Warsaw, has acquired 16 first tenants. They will jointly occupy 444 sqm of space.

Investment & finance

TMR mulls switching from Katowice park to Ostrava

schedule 11 March 2015
Nathan North
deputy editor

POLAND/CZECH REPUBLIC Slovakian resort operator and developer Tatry Mountain Resorts is considering abandoning plans to re-develop the Śląskie Wesołe Miasteczko amusement park in Chorzów and to develop another park in Ostrava instead.

Residential

Užupio Krantinės site under demolition

schedule 11 March 2015
Anna Pakulniewicz

LITHUANIA A site is now being prepared for MG Valda’s latest residential development in Vilnius.

Retail & leisure

Apply for visa in Gulliver shopping centre

schedule 11 March 2015
Rafał Ostrowski
journalist

UKRAINE A visa services provider for travellers to EU has leased 1,950 sqm of space on the eighth floor of the Gulliver shopping centre in Kyiv.

Regus to open Lublin location

schedule 11 March 2015
Rafał Ostrowski
journalist

POLAND Serviced office operator Regus aims to open its first Lublin office, which will be the company’s 14th Polish location. The company has leased 750 sqm of office space at ul. Zana 39/39A, in an office complex owned by a fund managed by First Property Group.

Retail & leisure

Cinema City in new Warsaw malls

schedule 11 March 2015
Tomasz Szpyt-Grzegórski

POLAND Globe Trade Centre (GTC) has signed a binding 3,300 sqm lease contract with Cinema City for the space in the Galeria Północna shopping mall which is currently being developed in Warsaw’s Białołęka district.

Retail & leisure

Eyemaxx starts Malbork project

schedule 10 March 2015
Aneta Cichla

POLAND Deichmann, KIK, Martes Sport and Zoo Karina are the first few tenants of the Mybox retail park, which Austrian company Eyemaxx Development is planning to build on ul. Rodła in Malbork.

Residential

CREAM wins Napollo contract

schedule 10 March 2015
Aneta Cichla

POLAND Caelum Real Estate Asset Management (CREAM) has been awarded a management contract for four retail centres owned by the Napollo group: Galeria Renova in Warsaw and Centrum Zakupów in Ząbki, Zgierz and Czerwionka-Leszczyna (in the Silesian Province).

Construction

Ronson starts latest stage of Moko

schedule 10 March 2015
Tomasz Szpyt-Grzegórski

POLAND Ronson Development has started the construction and sale of apartments in the second stage of the Moko estate on ul. Magazynowa in Warsaw’s Mokotów district. The second stage involves the construction of 160 apartments with areas ranging from 29 sqm to 139 sqm. The completion of the construction of this stage is planned for Q4 2016.

Technology

Sephora stores go increasingly digital

schedule 10 March 2015
Agata Kłapeć

UNITED STATES Cosmetics retailer Sephora is set to introduce a range of digital in-store solutions across its US locations, including a countrywide beacon deployment and an augmented reality app functionality.

Coalco to build giant warehouse parks

schedule 10 March 2015
Rafał Ostrowski
journalist

RUSSIA Coalco, a company owned by Russian billionaire Vasily Anisimov, has plans to develop two industrial parks south of Moscow.

Investment & finance

Amrest to run more Starbucks CEE coffee houses

schedule 10 March 2015
Agata Kłapeć

ROMANIA/ BULGARIA Wrocław-based restaurant operator Amrest is acquiring two sole operators of the Starbucks-branded stores in Romania and Bulgaria for app. EUR 16 mln.

Global real estate investment falls as China slows down

schedule 10 March 2015
Rafał Ostrowski
journalist

WORLD Global real estate investment fell in 2014 for the first time in five years, slipping back 6.3 pct to USD 1.21 tln, according to the latest research by Cushman & Wakefield.

Construction

Cornerstone laid for Chorzów’s Centre of Applied Sciences

schedule 10 March 2015
Tomasz Szpyt-Grzegórski

POLAND The foundation stone has been laid for the Centre of Applied Sciences, a part of the Silesian Centre for Educational and Interdisciplinary Research in Chorzów. The PLN 36 mln project will be carried out by Mostostal Warszawa.

Office & mixed-use development

MG Valda busy with offices and hotels

schedule 10 March 2015
Anna Pakulniewicz

LITHUANIA MG Valda intends to invest EUR 40 mln in real estate projects in 2015. Investment in residential housing development projects alone will amount to EUR 29 mln.

Construction

Mirbud to construct Galeria Aviator

schedule 09 March 2015
Aneta Cichla

POLAND Mirbud is to build the Galeria Aviator shopping mall in Mielec. The project’s investor, Rank Progress, has just signed a PLN 56 mln net contract with the construction company.

Retail & leisure

CityFit enters Warsaw’s Zielony Targówek

schedule 09 March 2015
Aneta Cichla

POLAND CityFit fitness club is to be opened in the Zielony Targówek retail park in Warsaw in April.

Investment & finance

BBI and Liebrecht agree on EUR 120 mln Koneser project

schedule 09 March 2015
Rafał Ostrowski
journalist

POLAND BBI Development will contribute the land and app. PLN 22 mln of cash while, Liebrecht & Wood will add app. PLN 70 mln for the development of the mixed-use Praga Koneser Center project in Warsaw.

Edition 3 (286) March 2024

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