News

Warehouse & industrial

GE signs 20,750 sqm Prologis lease deal

schedule 13 November 2014
Agata Kłapeć

HUNGARY US-based energy, finance and industrial conglomerate GE has signed a 20,750 sqm lease deal for warehousing space in Prologis Park Budapest–Gyál.

Construction

Unibep to build near Balaton Lake

schedule 13 November 2014
Tomasz Szpyt-Grzegórski

POLAND Unibep has been chosen to be the general contractor of the first stage of the 360 Stopni estate, which is to be built on ul. Kapelanów AK, alongside the Balaton Lake in Warsaw’s Gocław district.

Construction

Foundation stone under Fabryka Wołomin

schedule 13 November 2014
Aneta Cichla

POLAND Beata Kijowska and Marek Myszk, board members at the Park Handlowy Wołomin company, Paweł Solis, the president of the Wołomin District Council, and Ryszard Madziar, the mayor of Wolomin, have laid the foundation stone for the Fabryka Wołomin shopping centre, which is being developed at ul. Geodetów 2 in the town outside Warsaw’s northeastern outskirts.

Office & mixed-use development

Deloitte to take up 11,000 sqm in new Warsaw tower

schedule 13 November 2014
Agata Kłapeć

POLAND International business consultancy Deloitte has signed a 11,000 sqm lease deal for office space in Q22, an Echo Investment building that is currently being constructed in Warsaw. The PLN 500 mln project is planned to be completed in Q1 2016.

Residential

Luxury fenced estate near Vilnius Old Town

schedule 13 November 2014
Anna Pakulniewicz

LITHUANIA The construction of the Basanavičiaus 9a apartment building has started, 15min.lt has revealed.

Residential

Lithuanian flats in Romanian park

schedule 13 November 2014
Anna Pakulniewicz

ROMANIA Lithuanian developer Hanner Group has started work on the second phase of The Park residential project in Bucharest, Romania.

Hungarian central bank with distressed assets manager

schedule 13 November 2014
Agata Kłapeć

HUNGARY Hungary’s central bank (MNB) is setting up an asset management agency, the MARK Group, that will have HUF 300 bln (EUR 980 mln) to buyout toxic commercial property loans from local banks.

Office & mixed-use development

Medical technology company to stay in Poleczki Business Park

schedule 12 November 2014

POLAND US-based medical equipment manufacturer Stryker has signed a six-year renewal for app. 2,500 sqm of office and logistics space it takes in Poleczki Business Park in Warsaw.

Investment & finance

Brazilian banking tycoon buys The Gherkin

schedule 12 November 2014
Agata Kłapeć

UNITED KINGDOM The Gherkin, London’s second-tallest building, has new owner. The 180-meter office tower located at 30 St Mary Axe has been sold to Safra Group, a Brazilian financial holding controlled by Joseph Safra.

Office & mixed-use development

Budapest office building retains Swedish tenant

schedule 12 November 2014
Agata Kłapeć

HUNGARY ESAB, the Swedish producer of welding equipment, has renewed and extended its 1,820 sqm lease in the Eiffel Square office building in Budapest to 2,320 sqm.

Retail & leisure

Three Sephora openings planned per year

schedule 12 November 2014
Aneta Cichla

POLAND The Sephora perfumery chain is planning to open three new stores per year for the next three years.

Residential

Zielony Marysin under construction in Wawer

schedule 12 November 2014
Aneta Cichla

POLAND Budimex Nieruchomości has started the construction of the Zielony Marysin residential estate on ul. Korkowa in Warsaw’s Wawer district.

Construction

Erbud and Ekonova consortium to build Świnoujście hotel

schedule 12 November 2014
Tomasz Szpyt-Grzegórski

POLAND A consortium made up of Erbud and Ekonova is to build the shell of the hotel section of Baltic Park Molo in Świnoujście.

Retail & leisure

Market from Carrefour in Galeria Tarnovia

schedule 12 November 2014
Aneta Cichla

POLAND A grocery anchor under the name of Market is to be opened in Galeria Tarnovia in Tarnów at the end of November.

Construction

Topping off at Kosmos

schedule 12 November 2014
Tomasz Szpyt-Grzegórski

POLAND The Kosmos Art & Business Center in Szczecin has been topped off.

Construction

New contractor for Nordic Haven

schedule 12 November 2014
Tomasz Szpyt-Grzegórski

POLAND Warsaw firm IDS-Bud has been chosen to be the new contractor of the Nordic Haven luxury apartment building in Bydgoszcz.

Kraków boasts lowest vacancy countrywide

schedule 07 November 2014
Rafał Ostrowski
journalist

POLAND Companies looking for ready-to-use class ‘A’ office space over 3,000 sqm in Kraków may currently have a problem finding it, according to a report by JLL.

Only 5,300 sqm completed in Kyiv

schedule 07 November 2014
Rafał Ostrowski
journalist

UKRAINE In Q3 only 5,300 sqm of office space was completed on the Kyiv market, almost four times less than in the same time last year, according to JLL.

Estonian cinema chain expands to Latvia

schedule 07 November 2014
Anna Pakulniewicz

LATVIA Estonian cinema operator Apollo Kino plans on opening a cinema complex in Riga in 2016, according to baltic-course.com.

Investment & finance

Ronson increases sales in Q3

schedule 07 November 2014
Agata Kłapeć

POLAND In the first three quarters of the year, Polish residential developer Ronson has sold 565 units, a 36 pct y-o-y increase. The company now expects its 2014 sales to exceed the number of 700 apartments, 50 units more than earlier anticipated.

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