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News

Investment & finance

Rank Progress secures loan for retail park

schedule 28 July 2014

POLAND Rank Progress has been granted a loan by MBank Hipoteczny for the construction of a retail park near Krosno.

Interior design

Modernisation for Olsztyn Helios

schedule 28 July 2014
Ewa Andrzejewska

POLAND The Helios cinema in Olsztyn’s Aura shopping centre is to undergo a series of changes.

Investment & finance

Foncière Euris to finance construction of Serenada

schedule 28 July 2014
Ewa Andrzejewska

POLAND Mayland Real Estate, the developer of Kraków’s Serenada shopping centre, has found a partner for the project.

ING loans EUR 33.5 mln for IFP Erste building in Warsaw

schedule 28 July 2014
Nathan North
deputy editor

POLAND ING Bank Śląski has provided a EUR 33.5 mln loan to IFP Erste Immobielenfonds für Polen to refinance a building at Al. Jerozolimskie 156 in Warsaw.

Volksbank Romania offloads EUR 490 mln in loans

schedule 28 July 2014
Agata Kłapeć

ROMANIA Deutsche Bank, H.I.G. and AnaCap Financial Partners LLP have jointly acquired a EUR 495 mln portfolio of non-performing and sub-performing loans from Volksbank Romania, whose strategic shareholders include the Austrian bank Volksbanken Holding eGen (51.6 pct) and the Republic of Austria (43.3 pct).

Investment & finance

Hines buys Ambassador

schedule 28 July 2014
Nathan North
deputy editor

POLAND US property investor Hines has announced that the Hines Poland Sustainable Income Fund (HPSIF) has bought the Warsaw office building Ambassador from Spanish-owned Kronos Real Estate for an undisclosed sum.

EIB pours EUR 136.5 mln into Bucharest green housing

schedule 28 July 2014
Agata Kłapeć

ROMANIA European Investment Bank (EIB) will lend EUR 136.5 mln to help increase energy efficiency in the Bucharest residential buildings.

Office & mixed-use development

PKO chooses Skanska in Wrocław and Łódź

schedule 28 July 2014
Nathan North
deputy editor

POLAND PKO Bank Polski, the largest bank in Poland, is to locate its Wrocław and Łódź offices in buildings developed by Skanska.

Office & mixed-use development

SEB leases 22,740 sqm in Bratislava

schedule 28 July 2014
Nathan North
deputy editor

SLOVAKIA SEB Asset Management has signed leases since the beginning of the year for a total of app. 22,740 sqm of space in Bratislava.

Office & mixed-use development

Skanska sells Budapest Green House for EUR 36 mln

schedule 28 July 2014
Agata Kłapeć

HUNGARY Swedish development and construction colossus Skanska has decided to sell its Green House office building in Budapest to the Hungarian open-ended property fund Torony Real Estate Investment Fund managed by Diófa Fund Management, a part of the Hungarian banking conglomerate FHB Group.

Investment & finance

Immofinanz sells Czech and Polish parks

schedule 28 July 2014
Nathan North
deputy editor

POLAND/CZECH REPUBLIC Immofinanz Group has sold two logistics properties – Bokserska Distribution Park in Warsaw and Westpoint Distribution Park in Prague.

ET Logistik stays in MLP Pruszków I

schedule 28 July 2014
Tomasz Szpyt-Grzegórski

POLAND Logistics company ET Logistik has decided to renew its 4,000 sqm lease in the MLP Group-owned Pruszków I warehouse and production park.

Office & mixed-use development

Historic CDT to become sleek Cedet

schedule 28 July 2014
Tomasz Szpyt-Grzegórski

POLAND Immobel is starting the redevelopment and extension work on Centralny Dom Towarowy, the former department store building located at the junction of Al. Jerozolimskie and ul. Krucza in central Warsaw. The entire project will be worth over PLN 400 mln inclusive of the land plot.

Office & mixed-use development

Two new tenants fill Warsaw Sky Office Center

schedule 28 July 2014

POLAND Marketing company ClickQuickNow has leased 220 sqm in Sky Office Center, an office building located in Warsaw’s Mokotów district. The company, which will be occupying the space for the next six years, completes the 4,800 sqm development.

Warehouse & industrial

Panattoni Park Łódź East enters homestretch

schedule 25 July 2014

POLAND Panattoni Europe has laid cornerstone for its fifth, 24,000 sqm warehouse at the 187,000 sqm Park Łódź East complex, which opens the final chapter in the park’s construction work. The development's general contractor is Kajima Poland, the company informed.

Eurobuild Awards: Trip to Disneyland thanks to Eurobuild Awards gala

schedule 25 July 2014

“To spend a few days in Disneyland in France,” this is what a group of children was wishing for some time ago. We have helped to fulfill this very special dream by having a charity auction at the Eurobuild Awards gala last year.

Residential

Atal develops another residential estate

schedule 25 July 2014
Ewa Andrzejewska

POLAND Atal is working on another residential estate in Warsaw, Nowe Bemowo. Located on ul. Narwik, the development will offer 90 apartments at PLN 5,800 per sqm with floor plans ranging from 28.6 sqm to 101.7 sqm.

Accor Group raises EUR 900 mln from bond issue

schedule 25 July 2014
Ewa Andrzejewska

EUROPE French hotel giant Accor Group has issued perpetual hybrid bonds estimated at EUR 900 mln. Although the securities have no maturity date, they will be first callable after June 30th, 2020, with yield reaching 4.125 pct.

Retail & leisure

Shopping malls on rise in Poland

schedule 25 July 2014
Agata Kłapeć

POLAND Retail real estate market in Poland is seeing a healthy growth as smaller cities willingly develop new shopping centres to enhance local offer and catch up with big cities, a study by JLL shows.

Warehouse & industrial

Prologis posts strong Q2 results in CEE

schedule 25 July 2014
Agata Kłapeć

CEE REGION In Q2 2014, Prologis has signed new lease contracts for 157,000 sqm of space and renewals of more than 274,000 sqm. In total, the US-based company leased nearly 520,000 sqm in Central and Eastern Europe, up 86 pct y-o-y, while its occupancy rate in the region stood at 90.1 pct.

Edition 4 (287) April 2024

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