News

POLAND The Metropolitan office building, designed by Norman Foster, has been sold.

Putin signs property tax rise

RUSSIA President Vladimir Putin has signed a new law to increase property taxes.

Lowest ever supply on St Petersburg office market

RUSSIA Four business centres with 38,800 sqm of office space in total were completed in St Petersburg in the third quarter of this year.

Residential

Royal Triangle added to Prague villa district

Nathan North
managing editor (English section)

CZECH REPUBLIC Svoboda & Williams has been granted the exclusive mandate to sell and rent units in the Royal Triangle residential project Prague 6, in the Ořechovka villa district close to Prague Castle.

Funding boost for Apartments for the Young scheme

POLAND The ‘Apartments for the Young’ programme to house young couples is to be provided with additional funding of PLN 191 mln in 2014 – according to Bank Gospodarstwa Krajowego, which is responsible for the financial servicing of the project.

Tristan keeps Mokotów tenant

POLAND Healthcare advertising company Connectmedica has prolonged its lease in the Mokotów Nova building in Warsaw until 2020.

ANR to move to GBC

POLAND The Agricultural Property Agency (ANR) is to move into the Gdański Business Center office complex in Warsaw next spring.

Teleperformance in GPP Business Park

POLAND TPG Katowice, a subsidiary of Teleperformance Germany, has leased 2,300 sqm in GPP Business Park, a project located on ul. Konstruktorska within the Katowice Special Economic Zone.

Less office buildings among megatall skyskrapers

WORLD Only 43 pct of the 100 tallest skyscrapers in the world are office buildings. The statistics show that this number has been gradually decreasing since the year 2000, when 85 pct were office towers, according to research by JLL.

Residential

JHM Development to spend PLN 110 mln on new projects

POLAND JHM Development is getting ready for starting a number of new residential developments. In the next few months the developer is set to begin projects in Katowice (196 apartments), Rumia (237 apartments) and Łódź (81 houses), just to name a few.

Awbud to build Pentair factory

POLAND Awbud has been chosen the general contractor for a Pentair Poland factory, which is set to be built in Wałbrzych Special Economic Zone. The contract is worth a net amount of PLN 28.9 mln.

Residential

Warsaw authorities approve another skyscraper

POLAND Development company Atlas Estates has obtained construction permit for a nearly 165-metre skyscraper on ul. Grzybowska in Warsaw’s Wola district.

Etalon almost completes ExpoForum exhibition centre

RUSSIA The ExpoForum congress and exhibition centre in St Petersburg opened on October 7th, on the day of the IV St Petersburg International Gas Forum.

CEE market heading for record year

CEE REGION The investment volume in the CEE region could reach between EUR 6 and 7 bln by the year-end, marking the highest level since the economic downturn, according to research by JLL.

Over 1.5 mln sqm built in New Moscow this year

RUSSIA Over 1.5 mln sqm of real estate has been constructed over the first nine months of the year on the territory of New Moscow, according to the website of the Integrated Body for Urban Design Policy and Development of Moscow, which quoted Vladimir Zhidkin the head of Moscow’s department for the development of new territories.

Warehouse & industrial

Leader Logistics moves to Prologis Park Wrocław III

Nathan North
managing editor (English section)

POLAND Wrocław-based Leader Logistics, part of the Pall-Ex Group, has leased 7,500 sqm in Prologis Park Wrocław III.

Retail & leisure

H&M joins Galeria Aviator

POLAND Swedish clothing chain H&M is to open an outlet in Galeria Aviator – a retail project planned by Rank Progress in Mielec.

Investment & finance

Bricomarché takes over 14 Nomi stores

POLAND Grupa Muszkieterów has announced that the Bricomarché chain of DIY supermarkets has taken over 14 stores of Nomi – which is in liquidation and has thus become the owner of the majority of retail outlets of the brand (Nomi has 24 locations).

Redan finishes restructuring

POLAND With the sale of a minority stake in the company which controls the TextilMarket chain, Redan can now finish its restructuring ahead of schedule and look forward to new projects.

Contract signed with Szczecin station contractors