News

Anna Pakulniewicz

POLAND The newly renovated main lobby of the Warsaw Financial Center has been opened, marking the culmination of a two-year improvement programme.

Griffin swallows up entire ‘Serek’

Office & mixed-use development

POLAND Griffin Group has acquired a 0.8-ha land plot located at the junction of ul. Towarowa and ul. Wolska in Warsaw, the rest of the so-called ‘Serek Wolski’ area it owns. Now the company plans on developing a large mix-use project jointly with Skanska Property Poland in this location.

PKP gets partner for EUR 700 mln venture

POLAND PKP has chosen Semeko Grupa Inwestycyjna as a development partner for the 14.4-ha EUR 700 mln Gdynia Międzytorze project.

Technology

Neiman Marcus develops shoppable in-store tables

UNITED STATES The US high-end department store chain Neiman Marcus has deployed interactive in-store tables that allow customers to browse and filter the retailer’s inventory available in-store and online, as well as to create wish lists and email links with reference for immediate purchase or for later review.

Dekpol debuts on Warsaw Stock Exchange

POLAND Polish construction and development company Dekpol has debuted on the Warsaw Stock Exchange. The funds raised from the public offering are to be invested in three main areas Dekpol operates in: construction, development and construction equipment manufacturing.

OKRE has new Belgian shareholder

POLAND Development company OKRE Development is changing its ownership structure. The company’s two current shareholders, the Belgian firms Koramic Real Estate and Otreco, have been joined by another Belgian entity, Futurn.

Soho gets financing

POLAND Black Lion Fund-owned Soho Tetris has been granted a 39 PLN mln loan for another building within Warsaw’s Soho Factory by Getin Noble Bank.

Budimex to build PLN 118.4 Bełchatów ring road

POLAND Budimex has signed a PLN 118.4 mln net contract with the General Directorate of National Roads and Motorways's Łódź office (Generalna Dyrekcja Dróg Krajowych i Autostrad) on the construction of the ring road of Bełchatów along the No. 8 national motorway.

Technology

DIY retailer tests robotic sales assistants

UNITED STATES Home improvement retailer Orchard Supply Hardware, which is owned by the US-based DIY retail giant Lowe’s, has introduced in-store mobile robots to help customers shop quicker and navigate stores more efficiently.

Warehouse & industrial

Dachser extends Wrocław Panattoni lease

Anna Pakulniewicz

POLAND Logistics provider Dachser is going to take up more space in Panattoni Park Wrocław II.

Poland among top five emerging investment markets

WORLD Poland, the largest CEE market, has been ranked among the top five emerging foreign real estate investment destinations, following such economies as Brazil, China, Mexico and Chile, according to the 23rd annual taken among the members of the US-based Association of Foreign Investors in Real Estate (AFIRE).

Moscow tops list of world’s costliest office markets

Rafał Ostrowski
journalist

WORLD/RUSSIA Moscow has been ranked among the five most expensive office markets in the world, according to the semi-annual Global Prime Office Occupancy Costs survey by CBRE.

Retail & leisure

Odessa mall to open in 2015

Rafał Ostrowski
journalist

UKRAINE Odessa Commercial Court has ruled that the construction of the Yessa shopping centre that is currently being developed on a land plot currently taken by a nursing home is lawfull.

Warehouse & industrial

Panattoni goes East

POLAND Panattoni is planning to build BTS warehouses in the eastern parts of Poland. The warehouse developer says it aims to target such Polish cities as Białystok, Lublin, and Rzeszów where the company already has two warehouse parks, as its new business growth locations.

Warbud to build Małopolska Information Technology Park

POLAND Warbud has signed a PLN 35.8 mln contract on the construction of Małopolska Information Technology Park (Małopolski Park Technologii Informacyjnych) in Kraków and the necessary infrastructure.

Budimex wins PLN 102 mln Poznań contract

POLAND Construction company Budimex is set to build the Beyond.pl Information Technology Research Centre (Centrum Badań Technologii Informatycznych) in Poznań.

Griffin fuels up on Towarowa

POLAND Griffin Group has attained its plan. The company purchased a plot with an area of 0.6-ha at ul. Towarowa 20 in Warsaw. It currently includes a Statoil petrol station.

Skanska takes over Hochtief office project

CZECH REPUBLIC Skanska Property Czech Republic has acquired a Hochtief Development office project that was scheduled to provide a 10,500 sqm office building in Prague’s Anděl-Smíchov business district (Prague 5), Five!.

Hotels

Mercure Bydgoszcz Sepia now open

POLAND Four-star hotel Mercure Bydgoszcz Sepia has opened in the Polish city of Bydgoszcz, becoming the first Orbis Hotel Group property in this location.

Retail & leisure

New Vilnius concert hall opens