News

Property and Facility Management

Upside for other developers

schedule 05 November 2014
Aneta Cichla

POLAND Upside Property Management, the manager and owner of the three shopping centres in Poland, has commissioned Versus Investment to commercialise the retail area of Centrum Kwiatkowskiego in Gdynia.

Griffin negotiates new acquisitions

schedule 03 October 2014
Tomasz Szpyt-Grzegórski

POLAND Griffin is negotiating the purchase of four new commercial projects in Poland worth EUR 160 mln in total. Two of the projects are located in Warsaw and the other two in the regional markets.

Construction

Doraco to build Warsaw’s Cedet

schedule 03 October 2014
Tomasz Szpyt-Grzegórski

POLAND Immobel has signed chosen Korporacja Budowlana Doraco as the general contractor for Cedet, a mixed-use redevelopment project that is set to be erected in Warsaw on a land plot now taken by the legendary Smyk children’s department store.

East Capital with Tallinn’s Metro Plaza

schedule 05 November 2014
Anna Pakulniewicz

ESTONIA East Capital Baltic Property Fund II, managed by Stockholm-based asset manager East Capital, has acquired Metro Plaza, a Class A office building in Tallinn, for EUR 21.8 mln with a yield of 7 pct.

Investment & finance

Bucharest office leasing sees improvement in Q3

schedule 04 November 2014
Agata Kłapeć

ROMANIA According to CBRE, in Q3 2014, the total leasing activity (TLA) in Bucharest reached the level of 70,000 sqm. For the second consecutive quarter, new leases, expansions and pre-leases in the city accounted for more than 80 pct of TLA, the analysts point out.

Hotels

Starwood rolls out Bluetooth-enabled entry system

schedule 04 November 2014
Agata Kłapeć

WORLD US hotel giant Starwood, which operates such hotel chains as Westin, Sheraton, Le Meridien, St. Regis, Aloft, W and Element, has introduced a new mobile app functionality that allows hotel guests to use their mobiles as a room key.

Retail & leisure

Delsey expands Polish chain

schedule 04 November 2014
Aneta Cichla

POLAND French brand Delsey Paris, which sells suitcases and travel bags, is to extend its chain in Poland with another four outlets.

Construction

Unibep to build again in Port Praski

schedule 04 November 2014
Aneta Cichla

POLAND Unibep has been awarded a contract to construct a residential building as part of the Port Praski development project in Warsaw.

Construction

PKP looking for company to redevelop Kraków Płaszów station

schedule 04 November 2014
Anna Pakulniewicz

POLAND PKP has invited tenders for the redevelopment of Kraków Płaszów station. The launch of the construction work is planned for the beginning of January 2015 and should take a year.

Investment & finance

Medicover invests more in Wilanów

schedule 04 November 2014
Aneta Cichla

POLAND The Medicover group is to extend its hospital in Warsaw’s Wilanów district and for this has purchased an area of over 2.5 ha near al. Rzeczypospolitej in the direct vicinity of one of its existing clinics.

Retail & leisure

LPP brands in Factory centres

schedule 04 November 2014
Aneta Cichla

POLAND Neinver Polska, the owner of the Factory outlet centres, has signed lease contracts with the LPP clothing group.

Townhouse with Russian Embassy view up for sale

schedule 04 November 2014
Tomasz Szpyt-Grzegórski

POLAND Warsaw city council has put up for sale the former house and dressings factory of Rudolf Strzelecki at ul. Kujawska 1 in Mokotów district.

Sea City apartments on their way

schedule 03 November 2014
Anna Pakulniewicz

POLAND Dalmor, part of the Polskiego Holdingu Nieruchomości (PHN) group, has signed a joint venture contract with mLocum, part of mBank, to develop the Molo Rybackie residential project in the Sea City part of Gdynia.

Dom Development eyes Kraków and Bemowo

schedule 29 October 2014
Anna Pakulniewicz

POLAND Dom Development is now eyeing plots located in the “attractive parts” of such Warsaw districts as Targówek, Mokotów, Bemowo and Ursynów, reveals Jarosław Szanajca, the president of the board of Dom Development in an interview given to ‘Eurobuild CEE’.

Investment & finance

NEPI buys EUR 148 mln Bucharest mall

schedule 03 November 2014
Agata Kłapeć

ROMANIA New Europe Property Investments (NEPI) has completed the acquisition of Promenada Mall, a 40,300 sqm Bucharest shopping mall owned by RE Project Development SRL and Manierita Limited, for EUR 148 mln.

Porr to build Bałtyk

schedule 03 November 2014
Tomasz Szpyt-Grzegórski

POLAND Porr has been awarded a contract by Garvest to be the general contractor for its Bałtyk office building development in Poznań. The construction works is scheduled to start in mid-November, with the preparation work having already started.

Retail & leisure

Inbap debuts in Bartoszyce

schedule 30 October 2014
Aneta Cichla

POLAND The Inbag retail park in Bartoszyce in the Warmian-Masurian Province has opened its doors to customers, attracting app. 10,000 visitors within the first six hours of operations, the facility’s developer, Inbap Closed-End Investment Fund for Non- Public Assets, informed.

Office & mixed-use development

REINO acquires Skanska’s Kraków office building

schedule 03 November 2014
Anna Pakulniewicz

POLAND Polish investment fund REINO Dywidenda FIZ has bought one of the two buildings that form Kapelanka 42, a 30,000 sqm gla office complex in Kraków, for EUR 29 mln.

Sinsay enters Leszno market

schedule 03 November 2014
Tomasz Szpyt-Grzegórski

POLAND The Galeria Leszno shopping centre in Leszno will now house a Sinsay store. LPP-owned fashion retailer Sinsay will take up app. 370 sqm of space.

Work starts on Wrocław Business Garden

schedule 31 October 2014
Anna Pakulniewicz

POLAND Works on the first phase of Business Garden Wrocław, a project of Vastint Poland, previously known as SwedeCenter have started.

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