News

UKRAINE Megapoliszhilstroi [Мегаполисжилстрой] plans on opening the Respublika mix-use centre in Kyiv in May 2015.

Wiśniowy Business Park obtains refinancing

POLAND A subsidiary of Polonia Property Found LP (Polonia I), managed by Peakside Capital, has received a EUR 62.6 mln loan from Bank Zachodni WBK to refinance the Wiśniowy Business Park complex in Warsaw’s Włochy district.

Yareal to break ground in Warsaw

POLAND Yareal now has a legally binding building permit for the construction of the Neopark office complex in Warsaw. The construction work on the project is set to begin within this quarter.

Boutique office building to open in Lublin

POLAND Polish development company Nieruchomości Mieczysław Daniel plans on constructing Willowa 56, a 1,000 sqm boutique office building located on ul. Willowa in Lublin.

Warbud wins another contract on ul. Madalińskiego

POLAND Warbud has signed a PLN 19.7 mln contract on the construction work associated with the modernization of the rooms, and the thermal modernization, of the A1 building of the public Holy Family Hospital (Szpital im. Świętej Rodziny) on ul. Madalińskiego in Warsaw.

Atrium sells 177,000 sqm retail portfolio to Peakside

CZECH REPUBLIC Atrium European Real Estate has completed the sale of 72 small-format retail assets (supermarkets) located in the Czech Republic to a private client account managed by Peakside Capital Advisors for app. EUR 68.5 mln.

Construction

Piła’s Onyx has general contractor

POLAND Developer of the Onyx Business Point office building in Piła, PRESCO Group, has chosen Pil-Building as the general contractor of the project.

Technology

OK Glass, shop at Tesco

Agata Kłapeć

UNITED KINGDOM Tesco’s in-house technology hub has developed and launched a shopping app that allows Google Glass users to browse products, view nutritional information, and scan product’s barcodes to add items to their shopping basket hands-free.

MarcPol expands and updates portfolio

POLAND A total of 39 new MarcPol stores are set to open this year, while in 2016 the Polish supermarket chain will grow by another 17 new locations.

Nestlé sells Nupaky warehouse

CZECH REPUBLIC Nestlé Česko has sold its 6,500 sqm site with 2,500 sqm built-up area in Nupaky near Prague. Comprised of office and warehouse space, the property was bought by Levné potraviny.

New tenants in Warsaw’s Poleczki Business Park

POLAND Four new tenants have recently signed lease contracts for a total of 1,600 sqm of space in Poleczki Business Park in Warsaw.

Hala Koszyki’s first tenant takes 2,500 sqm

POLAND Cable-TV operator Multimedia Polska is the first tenant of Hala Koszyki’s office part where it will occupy 2,500 sqm of space. The Hala Koszyki mix-use project is currently being revitalized by Griffin Real Estate in Warsaw.

Orco to get less for Złota

POLAND Orco Property Group has informed that its earnings from the sale of the Złota 44 luxury apartment building in Warsaw to BBI Development and the US fund Amstar Global Partners will be in fact EUR 13 mln lower due to the claims made by the building’s general contractor, Inso.

Retail & leisure

H&M flagship store in extended Promenada

POLAND H&M is to open its flagship store in the Atrium European Real Estate-owned Atrium Promenada shopping centre that is currently being extended on ul. Ostrobramska in Warsaw.

Telecomms giant to move into Budapest office project

Agata Kłapeć

HUNGARY European telecommunications company UPC has signed a ten-year 6,000 sqm lease agreement for space in the Immofinanz-owned 34,000 sqm Haller Gardens office building in Budapest.

WebInterpret to move into Gdański Business Center I

POLAND E-commerce software provider WebInterpret has leased over 2,000 sqm in Gdański Business Center I in Warsaw’s Muranów district. The company is to take up the space situated on the seventh floor of the project’s Building A in the second quarter of 2015.

Hines acquires Warsaw’s Sky Office Center

Agata Kłapeć

POLAND Luxembourg-based Hines Poland Sustainable Income Fund (HPSIF), which is managed by the US property investor Hines, has acquired the Sky Office Center office building in Warsaw from the 5th Avenue Holding.

Warehouse & industrial

Goodman to build for Eurocash

POLAND According to what ‘Eurobuild CEE’ has found, Goodman signed a large contract with Eurocash. The logistics developer is to construct a 25,000 sqm warehouse for the Polish FMCG distributor in Gdańsk.

Segro buys 10-ha Tychy site

Property and Facility Management

Eurobuild CEE

POLAND Warehouse owner, asset manager and developer Segro has acquired a 10-ha land plot in Tychy to build over 40,000 sqm of new production and warehousing space.

RD Management to service Comcity

13 January 2015