News

Mitiska REIM buys Serbian retail park

schedule 26 September 2014
Rafał Ostrowski
journalist

SERBIA Brussels-based Mitiska REIM on behalf of its specialist real estate fund First Retail International (FRI) has bought an 85 pct stake in the Capitol Park Šabac retail park in Serbia.

H&M increases sales

schedule 26 September 2014
Rafał Ostrowski
journalist

WORLD Swedish fashion retailer Hennes & Mauritz saw a 15 pct increase in sales in the first nine months of the financial year beginning on December 1st, 2013.

Interior design

Office and showroom combined

schedule 19 September 2014
Aneta Cichla

POLAND ARS Retail+Shopfitting (ARS), which specializes in commercial design and decor, has moved its offices to one of the ten The Park buildings that are being developed by AIG/Lincoln on ul. Krakowiaków in Warsaw.

Retail & leisure

Super-Pharm to open in Galeria Sudecka

schedule 19 September 2014
Aneta Cichla

POLAND Polish drugstore chain operator Super-Pharm has decided to open a 500 sqm store in Galeria Sudecka, which is currently being redeveloped in Jelenia Góra by Echo Investment.

Retail & leisure

Galeria Mrówka signs new tenant

schedule 19 September 2014
Aneta Cichla

POLAND Centrum Chińskie is moving into Galeria Mrówka in Ciechanów, where the company has leased 900 sqm of retail space.

Residential

Atal chooses Wilanów

schedule 26 September 2014
Tomasz Szpyt-Grzegórski

POLAND Cieszyn-based developer Atal is starting a residential project in Wilanów. This will be the company’s third project in Warsaw.

Investment & finance

Futureal sells Budapest office building

schedule 26 September 2014
Agata Kłapeć

HUNGARY CEE developer Futureal has sold a Vision Towers office building in Budapest, which accommodates KPMG’s Hungarian headquarters, to Erste Real Estate Fund. The 11,125 sqm North building makes the first stage of the Vision Towers complex.

Warehouse & industrial

Bufab in Panattoni Park Gdańsk

schedule 26 September 2014
Agata Kłapeć

POLAND Sweden-based trading company Bufab has leased 1,700 sqm of warehousing and 400 sqm of office space at Panattoni Park Gdańsk, the 42,000 sqm logistics park that is currently being extended in Gdańsk.

Demand for Russian offices to shrink 40 pct?

schedule 25 September 2014
Rafał Ostrowski
journalist

RUSSIA In 2014, demand for office space in Moscow might decline by as much as 25 to 40 pct, compared to 2013, says CBRE in its latest study. In a result, the vacancy rate might climb up to 16 pct by the end of the year, the analysts say.

Retail & leisure

Vodny mall opens in Moscow

schedule 25 September 2014
Rafał Ostrowski
journalist

RUSSIA The Vodny shopping centre has unofficially welcomed its first vistors, while its official opening is scheduled to take place in October. On the first day of operations (September 18th) the centre was visited by 15,000 people.

Retail & leisure

CCC enlarges and refurbishes stores

schedule 25 September 2014
Aneta Cichla

POLAND Polish footwear retailer CCC has extended its store in the Focus Mall shopping centre in Piotrków Trybunalski by 577 sqm, to nearly 1,000 sqm. The move comes as part of the company's country-wide refurbishment program.

Residential

Autumn is coming, but not in Zalasewo

schedule 25 September 2014
Aneta Cichla

POLAND Construction work is progressing on Planetbud Development’s Osiedle Wiosenne, a residential project located in Zalasewo in the administrative district of Swarzędz.

Investment & finance

BGK and JESSICA to support Hala Koszyki

schedule 25 September 2014
Aneta Cichla

POLAND Bank Gospodarstwa Krajowego (BGK) has arranged an app. EUR 81 mln financing for Hala Koszyki, the revitalization project that is currently being developed in Warsaw by Griffin Group.

Prologis develops 31,000 sqm facility at Park Prague Airport

schedule 25 September 2014
Agata Kłapeć

CZECH REPUBLIC Prologis has signed a lease agreement with the Czech personal protective equipment company Červa for a 31,190 sqm build-to-suit (BTS) development at its Park Prague Airport logistics centre.

Segro buys EUR 43 mln logistics portfolio

schedule 24 September 2014
Agata Kłapeć

EUROPE UK-based Segro has acquired a 68,800 sqm logistics portfolio, worth EUR 42.9 mln, from Standard Life Investments European Property Growth Fund through European Logistics Partnership (SELP), its 50/50 joint venture with Canadian pension fund Public Sector Pension Investment Board. The premises are located in the Czech Republic, France and Germany.

Construction

Warszawa Główna concepts short-listed

schedule 24 September 2014
Aneta Cichla

POLAND Polish State Railways (PKP) has pre-selected five developers to submit their development concepts for the 10 ha area surrounding Warsaw’s central rail station, Warszawa Główna. The companies include ECE Projekmanagement Polska, Europejskie Centrum Inwestycyjne, a consortium of HB Reavis and Polcom Investment XIII, Karam Enterprise (the Immofinanz group) and Neinver Polska.

HM Inwest issues shares to speed up

schedule 24 September 2014
Aneta Cichla

POLAND Polish residential developer HM Inwest plans on issuing PLN 9.5 mln shares. The money raised would help the company with purchasing 3-4 plots for new residential projects in Warsaw and Katowice.

Retail & leisure

Polish furniture retailer to open 25,000 sqm store in Warsaw

schedule 23 September 2014
Aneta Cichla

POLAND A 25,000 sqm Agata Meble store will open in the Park Handlowy Targówek shopping centre in Warsaw. The new retail building will be constructed opposite DIY market Leroy Merlin.

Trimetis Group leases in Lublin

schedule 23 September 2014
Tomasz Szpyt-Grzegórski

POLAND DACH-based IT company Trimetis Group is opening its Polish office. The headquarters will be situated in the Nord Office Park office complex in Lublin.

Warehouse & industrial

No Limit now in XS Logistic

schedule 23 September 2014
Tomasz Szpyt-Grzegórski

POLAND Polish logistics company No Limit has leased 2,700 sqm of warehousing and office space in the XS Logistic industrial park in Września.

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