PL

News

Another Peakside building BREEAM-certified

schedule 21 July 2014
Tomasz Szpyt-Grzegórski

POLAND Poznań Financial Centre, an office building owned by Peakside Polonia Management, has been granted a BREEAM In-Use certificate.

Russian LSR records 67 pct sales growth in H1

schedule 21 July 2014
Rafał Ostrowski
journalist

RUSSIA In the first half of the year, St Petersburg-based developer LSR Group has seen a 67 pct y-o-y increase in residential sales.

Retail & leisure

McDonald’s to open new restaurants in Ukraine

schedule 21 July 2014
Rafał Ostrowski
journalist

UKRAINE McDonald's plans on opening three to four new restaurants in Ukraine by the end of the year, which would increase the total number of its Ukrainian restaurants to 83 to 84.

Office & mixed-use development

Brown Brothers expands in Orange Office Park

schedule 21 July 2014
Rafał Ostrowski
journalist

POLAND Financial services company Brown Brothers Harriman has extended its office space lease in Orange Office Park in Kraków by 2,000 sqm, to 6,800 sqm.

Residential

Unibep to build Miasto Wola

schedule 21 July 2014
Tomasz Szpyt-Grzegórski

POLAND Unibep has signed a PLN 22 mln contract for constructing the first stage of Miasto Wola, a residential development in Warsaw.

Warsaw office space sees healthy growth

schedule 18 July 2014

In the first half of the year, the total supply of modern office space in Warsaw stood at 4.3 mln sqm, growing by 190,300 as compared with Q4 2013, while in Q2 2014 alone, 105,900 sqm of the new space appeared on the market, informed the Warsaw Research Forum

Investment & finance

Retail drives commercial property yields in Europe

schedule 18 July 2014

EUROPE/ CEE REGION In Q2 2014, European all-property yield rate has dropped by seven basis points, while the biggest changes occurred in the high street retail and shopping centre sectors, falling by 11 bps and 16 bps respectively, according to a survey by CBRE.

Hotels

Orco-owned Mamaison hotels change hands

schedule 18 July 2014
Agata Kłapeć

CEE REGION Prague-based hotelier CPI Hotels, a part of the Czech investment group CPI, has become an operator for ten Orco Property Group-owned hotels located across the Czech Republic, Slovakia, Poland, Hungary and Russia, nine of which have been forming a regional chain, Mamaison.

Office & mixed-use development

Łódź soldiers on with Brama Miasta

schedule 17 July 2014
Tomasz Szpyt-Grzegórski

POLAND Hanna Zdanowska, the mayor of Łódź, has presented a new schedule for the development of the Brama Miasta office building.

Architecture and urban planning

Design for Małachowskiego Square in Warsaw chosen

schedule 17 July 2014
Tomasz Szpyt-Grzegórski

POLAND A team comprising Grzegorz Stiasny, Jakub Wacławek, Jan Bagiński, Filip Dzimwasha, Adam Kluczek and Karolina Kuczyńska has won the second prize in the competition – and a recommendation for the implementation of the design – for the renovation of pl. Małachowskiego in Warsaw. A first prize has not been awarded.

Residential

Matexi to begin seventh Warsaw estate

schedule 17 July 2014
Tomasz Szpyt-Grzegórski

POLAND The construction of Matexi’s seventh project in Warsaw is to start soon. The Staffa 9 residential building will be situated on a third of a hectare plot in Warsaw’s Bielany district, near the Słodowiec underground station.

Investment & finance

European bonanza? Banks to offload EUR 584 bln to non-core real estate

schedule 17 July 2014
Agata Kłapeć

EUROPE/ CEE REGION 46 European banks and asset management agencies have a gross exposure of EUR 584 bln to non-core real estate which is subject to disposal or work-out strategies, according to the latest research by Cushman & Wakefield.

Challenging H1 on Ukrainian retail market

schedule 17 July 2014
Rafał Ostrowski
journalist

UKRAINE During the first half of 2014, 45,000 sqm of retail space was added to the total stock in the Ukrainian capital, according to research by DTZ.

Investment & finance

CEE real estate markets excel in transparency

schedule 17 July 2014
Agata Kłapeć

CEE REGION Poland, Hungary and the Czech Republic have been ranked among the top 25 transparent real estate markets in the world, while Romania and Serbia have made some of the world's best improvements in this field, according to the latest Global Real Estate Transparency Index compiled every two years by JLL.

Investment & finance

Prologis buys 94,200 sqm in two halls from Invesco RE

schedule 17 July 2014
Nathan North
deputy editor

POLAND/HUNGARY Prologis has acquired two logistics facilities in Poland and Hungary from Invesco Real Estate through its Prologis European Properties Fund II (PEPF II).

Office & mixed-use development

LDZ quits Brama Miasta Łodzi project

schedule 25 June 2014
Aneta Cichla

POLAND General meeting of shareholders of LDZ Brama has decided not to sign a contract with the borough of Łódź for the construction of Brama Miasta Łodzi, the company informed.

Residential

Polnord residential project underway

schedule 25 June 2014
Aneta Cichla

POLAND Polnord has received an official building permit for Brama Sopocka, its residential development in Gdynia, and has already started work on the project.

Atlas doesn’t give up on Wola skyscraper

schedule 25 June 2014
Tomasz Szpyt-Grzegórski

POLAND Central and East European developer Atlas Estates is determined to build another residential tower on ul. Grzybowska in Warsaw's Wola district. A few years ago, a Hilton hotel and two residential towers were built on the adjacent plots owned by Atlas Estates.

Big names join Yareal supervisory board

schedule 25 June 2014
Aneta Cichla

POLAND Prof. Witold Orłowski, Prof. Andrzej Blikle, Bogusław Kott and Maciej Witucki have been appointed to the supervisory board of Yareal Polska. Prof. Witold Orłowski, one of the most accomplished economists in Poland, specialized in Applied Econometrics and Macroeconomics, will serve as the board’s president.

Atal plans IPO and Czech entry

schedule 17 July 2014
Nathan North
deputy editor

POLAND Polish residential developer Atal is planning a flotation on the Warsaw Stock Exchange to raise between PLN 150–170 mln to finance an expansion into the Czech market, the company’s vice-president Mateusz Juroszek has revealed to Reuters.

Edition 11 (293) November 2024

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