News

Warehouse & industrial

Romanian industrials still price competitive

schedule 14 October 2014
Agata Kłapeć

In H1 2014, the total leasing activity (TLA) for industrial space in Romania reached 230,000 sqm, a 46 pct y-o-y growth, according to CBRE.

Vacancy grows in Moscow shopping centres

schedule 14 October 2014
Rafał Ostrowski
journalist

RUSSIA The vacancy rate for Moscow shopping centres has nearly doubled in the third quarter of the year, from 3.5 pct recorded in Q2, to 6 pct – according to a research by JLL.

Rossmann drugstores in new malls

schedule 14 October 2014
Anna Pakulniewicz

POLAND Rossmann drugstores will open in the three new Ghelamco retail projects that are currently being developed in Poland.

Office & mixed-use development

Belgian developer moves to its Warsaw project

schedule 14 October 2014
Agata Kłapeć

POLAND Belgium-based developer Liebrecht & Wood Group moved its Polish headquarters to the Plac Unii complex in Warsaw, where it will take up 1,400 sqm of office space.

Leasing-Experts finances Rank Progress properties

schedule 14 October 2014
Tomasz Szpyt-Grzegórski

POLAND Leasing-Experts bought and then leased two Rank Progress land plots located in Kłodzko and Legnica.

Another big commercial deal looms in Europe

schedule 14 October 2014
Tomasz Szpyt-Grzegórski

EUROPE Blackstone is looking for a buyer for Valad Europe, the European arm of the Australian Valad Property Group it owns.

Lithuanian government invests in energy efficiency

schedule 14 October 2014
Anna Pakulniewicz

LITHUANIA Lithuanian Ministry of Energy is set to improve energy efficiency of app. 3,500 to 4,000 residential buildings in the country by 2020. Estimated at app. LTL 1.5 bln (EUR 0.4 bln), the project will be partly financed by the EU, reports vz.lt.

Hotels

Mercure debuts in Bucharest

schedule 13 October 2014
Agata Kłapeć

ROMANIA French hotel operator Accor is opening its first Romanian Mercure-branded hotel in Bucharest. Located in the city center, the four-star hotel will have 114 rooms, including 27 suites.

Investment & finance

GTC shareholders say no to share issue

schedule 13 October 2014
Nathan North
deputy editor

CEE REGION At an extraordinary general meeting of Globe Trade Centre held in Warsaw today, a vote to go ahead with a planned share issue fell short of the required two-thirds majority.

Office & mixed-use development

New office building in Tallinn

schedule 13 October 2014
Eurobuild CEE

ESTONIA Construction work has started on a 11,000 sqm Tallinn office building developed by an Estonian developer, Mainor.

Property and Facility Management

C&W to manage 50,000 sqm retail portfolio

schedule 13 October 2014
Agata Kłapeć

HUNGARY Cushman & Wakefield has secured a 50,000 sqm property management mandate comprised of four Resideal shopping centres located in Pécs, Sopron, Szombathely and Veszprém, as well as a retail park in Zalaegerszeg.

Investment & finance

CA Immo sells its Eastern European warehouses to P3

schedule 13 October 2014
Rafał Ostrowski
journalist

EUROPE CA Immobilien Anlagen has agreed to sell its 467,000 sqm logistics portfolio in Poland and Romania to warehouse developer P3, owned by TPG Real Estate and Ivanhoé Cambridge.

Office & mixed-use development

Piastów Office Center attracts four new tenants

schedule 13 October 2014
Aneta Cichla

POLAND The Piastów Office Center complex in Szczecin is to house the head offices of four companies over a combined area of 1,000 sqm: Macrobond Financial, Consileon Polska, BTC and Socomec Polska.

Hotels

Hilton in Wrocław to open by early 2016

schedule 13 October 2014
Tomasz Szpyt-Grzegórski

POLAND Wrocław-based company West Real Estate, which is planning the construction of the Hampton by Hilton Wrocław City Center West hotel, is planning to begin the construction work proper on the building in spring 2015.

Hotels

Griffin welcomes students

schedule 13 October 2014
Tomasz Szpyt-Grzegórski

POLAND New halls of residence at al. Niepodległości 36 in Poznań have been opened, offering almost 560 beds for students and tourists, as well as some retail and service space.

Construction

PTB Nickel to build Poznań residences

schedule 13 October 2014
Aneta Cichla

POLAND A residential building with a retail section including a Netto store on the ground floor is to be built on ul. Polna in Poznań’s Jeżyce district by PTB Nickel for Terra Haus Polna.

Echo to break residential record

schedule 13 October 2014
Aneta Cichla

POLAND Kielce-based developer Echo Investment has revealed that it has sold over 330 apartments since the beginning of this year, 120 of which were bought in Q3.

Construction

Skanska wins Podlaskie hospital contract

schedule 13 October 2014
Tomasz Szpyt-Grzegórski

POLAND Skanska is to build the Regionalne Centrum Leczenia Bólu specialist pain treatment centre in Mońki, Podlaskie province.

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.

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