News

Retail & leisure

Forum Radunia with building permit

schedule 18 September 2014

POLAND European developer Multi Corporation has been given building permission for its new, Gdańsk shopping centre, Forum Radunia. The construction work on the project, with a GLA of 62,000 sqm, is scheduled to start this autumn.

Retail & leisure

Multi-screen, IMAX cinema to open beyond Polar circle

schedule 17 September 2014

RUSSIA Russian cinema operator Mori Cinema has signed a lease deal to open a multi-screen, IMAX technology-enhanced cinema in Murmansk Mall, a 45,000 sqm shopping centre that is set to be launched in Murmansk in the first quarter of 2015. The shopping centre’s developer is Dorinda Invest, a company involved in managing the Russian hypermarket chain O’key.

Warehouse & industrial

Pomeranian Logistics Centre now completely full

schedule 17 September 2014

POLAND Polish freight company NTA has leased 3,100 sqm of space in Goodman’s Pomeranian Logistics Centre (Pomorskie Centrum Logistyczne) in Gdańsk located next to the Deepwater Container Terminal sea cargo hub.

Office & mixed-use development

Infosys grows in Łódź's Green Horizon

schedule 17 September 2014
Agata Kłapeć

POLAND Infosys BPO Poland, a subsidiary of the Indian IT and BPO giant Infosys, has signed ten year lease deal for 21,000 sqm in Skanska’s Green Horizon office complex in Łódź.

Green projects

Schneider Electric going greener

schedule 15 September 2014

POLAND It seems that Schneider Electric, the French electricity distribution and energy management company, lives up to its green logo and business interests. The company has recently moved its Warsaw headquarters to a new, energy-efficient 32,000 sqm office building, designed to make the best use of Schneider Electric’s building management solutions, where it will ultimately take up 6,500 sqm of space.

Office & mixed-use development

Storrady Park Offices to be finished in mid-2015

schedule 16 September 2014
Tomasz Szpyt-Grzegórski

POLAND Gryf Strojny is planning to put the Storrady Park Offices project in Szczecin into operation at the end of H1 or early H2 2015.

Strabag and Heilit to work together in Kashubia

schedule 16 September 2014

POLAND A consortium made up of Strabag and Heilit+Woerner is to build a 7.6 km ring road for Kościerzyna in Kashubia.

Retail & leisure

Rossmann stays in Skwery Handlowe

schedule 16 September 2014
Aneta Cichla

POLAND Rossmann has prolonged the leases for another five years for its drug stores in three Skwery Handlowe shopping centres: in Piotrków Trybunalski, Inowrocław and Grudziądz.

Retail & leisure

Small Napollo project in Grodzisk Mazowiecki

schedule 16 September 2014
Aneta Cichla

POLAND Napollo has started the lease process for a retail project in Grodzisk Mazowiecki.

Pol-Aqua wins PLN 126.2 mln contract

schedule 12 August 2014
Aneta Cichla

POLAND Pol-Aqua has signed a PLN 126.2 mln contract with the General Directorate of National Roads and Motorways (GDDKiA) to complete a 8 km long, Szczuczyn ring road.

Warehouse & industrial

Investa now in MLP Pruszków II

schedule 16 September 2014
Aneta Cichla

POLAND Polish-registered stainless steel and aluminium supplier Investa has decided to move from the MLP Pruszków I logistics centre to another logistics centre owned by MLP Group, Pruszków II.

Retail & leisure

Echo Investment buys large plot in Jelenia Góra

schedule 16 September 2014
Tomasz Szpyt-Grzegórski

POLAND Kielce-based developer Echo Investment has signed a PLN 5 mln deal with the mayor of Jelenia Góra on the purchase of a 51,000 sqm investment plot, adjacent to the Galeria Sudecka construction site, where the company plans to develop a Leroy Merlin-anchored retail park.

Terg given green light to expand

schedule 16 September 2014
Aneta Cichla

POLAND The owner of the electronics retail chain Media Expert has obtained an official approval from the Polish Office of Competition and Consumer Protection (UOKiK) to acquire some Domex Group-owned Invest-Media assets.

Office & mixed-use development

HB Reavis leases 13,000 sqm in Warsaw

schedule 15 September 2014
Nathan North
deputy editor

POLAND Two new tenants have signed up for space in Warsaw buildings owned by HB Reavis.

Office & mixed-use development

Insolvent Baltic bank sells off Riga offices

schedule 15 September 2014
Agata Kłapeć

LATVIA Baltic bankrupt bank BAB Bankas Snoras has sold its Class ‘A’ office building located at J. Dalina 15 in Riga to the construction and engineering conglomerate LNK (Latvian Novelty Complex) for EUR 10.5 mln.

Investment & finance

PHN plans major purchases in new strategy

schedule 15 September 2014
Tomasz Szpyt-Grzegórski

POLAND Polski Holding Nieruchomości (PHN) has announced its new strategy to take it up to 2023. By this time the company wants to have increased the net value of its assets by almost 75 pct and spend app. PLN 1 bln on acquiring office buildings that generate revenue from leasing.

Office & mixed-use development

Work begins on Benaco in Kraków

schedule 15 September 2014
Tomasz Szpyt-Grzegórski

POLAND Construction work on the Benaco office building, which is being developed on ul. Pilotów in Kraków, started at the beginning of September.

Investment & finance

Bullish twelve months ahead for CEE

schedule 15 September 2014
Agata Kłapeć

CEE REGION While in Q2 2014 most of the CEE real estate markets still had to face post crisis challenges, their long-term forecasts have continued to improve, says RICS in its latest report.

Office & mixed-use development

Miasteczko Ursus to be built in joint effort

schedule 15 September 2014
Tomasz Szpyt-Grzegórski

POLAND CPD (the new official name of Celtic Property Development) has signed an agreement with Unidevelopment (part of the Unibep group) to develop the first stage of the large scale Miasteczko Ursus mixed-use project to be carried out on the former site of the Ursus tractor factory in Warsaw.

Investment & finance

Ghelamco in talks with Hajdarowicz over Kraków project

schedule 15 September 2014
Tomasz Szpyt-Grzegórski

POLAND Ghelamco Poland is planning to build an office complex with a leasable area of app. 50,000 sqm in Kraków.

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