News

Retail & leisure

Marywilska 44 extension even closer

POLAND Warsaw’s Marywilska 44 is set to obtain a building permit within the next few days, ‘Eurobuild CEE’ has found.

Hotels

Kraków’s Best Western Plus Q Hotel officially open

POLAND Best Western Plus Q Hotel, the fourth Best Western facility to open in the Małopolska province, has welcomed its first guests.

Russian investment declines but yields rise

RUSSIA In Q1 the investment volume for the Russian market came to USD 520 mln, which represents a 20 pct fall compared to the same period last year, according to the latest report by Colliers International.

Construction

Unibep wins second Miasto Wola contract

POLAND Unibep has been selected as the general contractor for the second phase of the Miasto Wola residential project in Warsaw.

Interior design

Concrete on the table top

POLAND Designers of the Morgan & Möller brand suggest tailor-made table tops which will work well in hotel bathrooms and modern studios.

Interior design

New image of Kinnarps’ showroom

POLAND The Warsaw showroom of Kinnarps has opened its doors to a completely new interior design by Piotr Wełniak and Anita Chudecka.

Office & mixed-use development

Prosta Office Centre obtains BREEAM

POLAND Prosta Office Centre, which is owned by CBRE Global Investor, has been awarded a BREEAM In-Use certificate at the ‘Very Good’ level in the building management category.

Architecture and urban planning

Expo Arena opens in Ostróda

POLAND Expo Arena, the largest exhibition, fair and conference centre in eastern Poland and the second in the country, has been officially opened after the second stage of the project was finished.

Office & mixed-use development

BuroHappold chooses Spektrum

POLAND BuroHappold Engineering has signed a 1,000 sqm lease for space in the Spektrum Tower office building in central Warsaw.

Office & mixed-use development

Property companies moving into Plac Unii

POLAND Green House Development and Futureal Management Poland have become the latest office tenants of the Plac Unii mixed-use complex in central Warsaw, leasing a combined area of 1,033 sqm.

Investment & finance

Czech Republic tops Q1 investment volumes

CEE REGION According to JLL’s preliminary estimates, Q1 2015, the total volume of investment transactions finalised on the commercial real estate markets in the CEE region reached EUR 1.44 bln in Q1 2015.

Eurobuild Awards 2015 – Starting from the beginning

Office & mixed-use development

Samsung finalizes Warsaw Spire lease

POLAND Samsung has decided to lease the Warsaw Spire offices. The months-long negotiations have been successfully completed yesterday. Samsung will take up 21,082 sqm of space in the Ghelamco complex which is currently being developed in Warsaw’s Wola district.

Seven new members on Echo’s supervisory board

POLAND Seven people are to sit on Echo Investment’s new supervisory board, after an extraordinary general meeting of the company’s shareholders that passed a resolution to replace all the present members of the developer’s supervisory board.

Bydgoszcz station topped off

POLAND After less than eleven months of construction work on Bydgoszcz’s main railway station, it has been topped off.

Residential

Final stage of Panorama Park under construction

POLAND FB Antczak has started the construction of the final building, ‘F’, of the Panorama Park estate in Kościelnia Wieś near Kalisz.

Office & mixed-use development

Norman Foster skyscraper to be built in Warsaw

POLAND Slovak developer HB Reavis is planning to start the construction of an office tower in Warsaw in 2016.

Warehouse & industrial

P3: e-commerce to spur demand for CEE warehouses

CEE REGION Last year, P3 Logistic Parks has built seven new industrial facilities in Central and Eastern Europe, leased 144,552 sqm of commercial space and renegotiated 103,820 sqm lease agreements in the region. Now the company expects both the fast-growing e-commerce market and the overall economic recovery in Europe to become key drivers for its further CEE growth.

H&M enters Buda mall

HUNGARY Swedish fashion merchant H&M has leased over 1,700 sqm of retail space in the Mammut II shopping centre in Budapest.

Residential

Zuckermandel first stage selling out

SLOVAKIA J&T Real Estate has sold 80 pct of its Zuckermandel residential project under Bratislava Castle Hill in the first two weeks since the apartments were offered to buyers.