News

Segro finalises EUR 208 mln loan for SELP

schedule 04 September 2014
Agata Kłapeć

CEE REGION UK-based Segro has managed to arrange a EUR 208 mln loan for European Logistics Partnership (SELP), its 50/50 joint venture with Canadian pension fund Public Sector Pension Investment Board, to co-finance the EUR 472 mln logistics property purchase it is making across Europe.

16,000 sqm leased in Torgoviy Park N1 in Zhukovskiy

schedule 04 September 2014
Rafał Ostrowski
journalist

RUSSIA A Lenta hypermarket, an H&M fashion store and a Deti children’s store will occupy over 16,000 sqm in total in Torgoviy Park N1, which being developed by Norman Asset Management in Zhukovskiy, 40 km southeast of Moscow.

Plaza Centers gets rid of distressed Romanian asset

schedule 04 September 2014
Agata Kłapeć

ROMANIA Israeli-owned shopping center developer Plaza Centers has ultimately given up on its Târgu Mureș retail project, as it has sold the site, valued at EUR 3.5 mln, to an undisclosed developer.

Retail & leisure

Pepco in Skwery Handlowe for longer

schedule 04 September 2014
Aneta Cichla

POLAND Real Estate Central Europe (RECE) – the owner and manager of the Skwery Handlowe network of convenience shopping centres – has extended its lease agreement with the Pepco chain.

Office & mixed-use development

Jems to design Warsaw offices for PHN

schedule 04 September 2014
Tomasz Szpyt-Grzegórski

POLAND Artur Lebiedziński, the president of PHN, has revealed at a press conference that the Jems Architekci studio is to design a new office project on ul. Stawki in Warsaw.

Construction

Foundation stone laid for IKEA in Bydgoszcz

schedule 04 September 2014
Aneta Cichla

POLAND Construction work on IKEA’s ninth Polish store and its first in the Kuyavia-Pomerania has now started.

Office & mixed-use development

Beer to return to Browar Lubicz

schedule 04 September 2014
Tomasz Szpyt-Grzegórski

POLAND The tenants of the Browar Lubicz revitalisation project in Kraków have been joined by the Browar Lubicz company itself, which is planning to open a restaurant brewery in the former malt house building.

Investment & finance

PHN secures funds for Domaniewska Office Hub

schedule 04 September 2014
Aneta Cichla

POLAND PKO BP and Pekao Bank Hipoteczny banks have granted a loan to Polski Holding Nieruchomości (PHN) for the construction of the Domaniewska Office Hub project in Warsaw’s Mokotów district.

Hotels

Ibis Styles welcomes guests in Riga

schedule 04 September 2014
Aneta Cichla

LATVIA The Orbis/Accor hotel group has opened the first Ibis Styles hotel in Latvia: Ibis Styles Riga.

Investment & finance

Czerwona Torebka to move into overdrive

schedule 04 September 2014
Aneta Cichla

POLAND The dynamic growth of the Czerwona Torebka group has contributed to an increase in its consolidated revenue in the first half of the year.

Retail & leisure

ECC to build Nowa Stacja in Pruszków

schedule 04 September 2014
Aneta Cichla

POLAND ECC Real Estate, the developer of the Promenada shopping and entertainment centre in Warsaw (now renamed Atrium Promenada), is to carry out another retail project just outside the capital.

Warehouse & industrial

UED takes more in MLP Pruszków II

schedule 04 September 2014
Aneta Cichla

POLAND The area leased by Universal Express Distribution in the MLP Pruszków II logistics park, which is owned by MLP Group, has been increased to nearly 11,700 sqm.

Investment & finance

CEE commercial investment volumes slow down "temporarily"

schedule 03 September 2014
Agata Kłapeć

CEE REGION Although in H1 2014 commercial real estate investment volumes in Eastern Europe have reached EUR 3.6 bln, a marginal slow down compared to the last year, they will soon accelerate again, says Colliers International in its latest study.

Residential

Skanska merges Czech and Polish resi developers

schedule 03 September 2014
Nathan North
managing editor (English section)

POLAND/CZECH REPUBLIC Skanska Residential Development Czech Republic and Skanska Residential Development Poland have been merged to form a new business unit: Skanska Residential Development Europe.

NAM to build retail park in Elektrostal

schedule 03 September 2014
Rafał Ostrowski
journalist

RUSSIA Norman Asset Management is about to start development of the Torgoviy Park N1 retail project in the city of Elektrostal, 60 km east of Moscow.

Office & mixed-use development

Corner House fills up

schedule 03 September 2014
Nathan North
managing editor (English section)

POLAND The first tenants have moved into the recently opened Corner House office building in Warsaw’s Mokotów district.

Secure Property enlarges and differentiates Romanian portfolio

schedule 03 September 2014
Agata Kłapeć

ROMANIA Secure Property Development & Investment, a Cyprus-based SEE-focused real estate investor, has made another property purchase in Romania. The London-listed company bought a EUR 3.3 mln residential portfolio comprised of 122 apartments situated in four Bucharest complexes.

Office & mixed-use development

Bionic Hill Innovation Park halted

schedule 03 September 2014
Rafał Ostrowski
journalist

UKRAINE The construction of Bionic Hill Innovation Technopark in Kyiv’s Sviatoshynsky district has been halted.

HB Reavis issues EUR 30 mln of bonds

schedule 02 September 2014
Nathan North
managing editor (English section)

SLOVAKIA HB Reavis has closed its inaugural bond transaction on the Bratislava stock market by raising EUR 30 mln, bringing the total funds of HB Reavis raised on the capital markets since November 2013 to over EUR 63 mln.

EM&F to close fashion franchise by year-end

schedule 02 September 2014
Aneta Cichla

POLAND Empik Media & Fashion wants to close down its franchise of 90 fashion stores by the end of the year.

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