News

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.

Architecture and urban planning

Wirtz reveals designs for Europejski Square

schedule 17 July 2014
Tomasz Szpyt-Grzegórski

POLAND Belgian landscape architecture studio Wirtz International Landscape Architects has revealed its designs for the Plac Europejski square project near the Warsaw Spire tower, which is also being developed by Ghelamco.

Investment & finance

IVG Group allowed to live on

schedule 17 July 2014
Nathan North
deputy editor

EUROPE The Bonn Regional Court has given final approval for an insolvency plan to rescue heavily indebted IVG Group.

Investment & finance

Developers fight over Warszawa Główna

schedule 17 July 2014
Tomasz Szpyt-Grzegórski

POLAND PKP has postponed the deadline for the submission of projects in the tender for the development the area around the Warszawa Główna Osobowa railway station near Warsaw city centre.

Investment & finance

Falenta leaves Real2B

schedule 17 July 2014
Tomasz Szpyt-Grzegórski

POLAND Marek Falenta, who has become embroiled in the recent scandal surrounding the bugging of Polish politicians, has withdrawn from being an investor in Real2B. His shares are to be purchased by other management board members and shareholders.

Retail & leisure

Nine new tenants in Tarasy Zamkowe

schedule 17 July 2014
Tomasz Szpyt-Grzegórski

POLAND Immofinanz, the developer of the Tarasy Zamkowe shopping centre in Lublin, has secured nine new leases.

Warehouse & industrial

US tobacco sector engineers now leasing 15,000 sqm in Stryków

schedule 17 July 2014
Nathan North
deputy editor

POLAND US-owned tobacco industry engineering company SWM Poland has increased its warehouse space at Segro Logistics Park Stryków by leasing an additional 4,200 sqm.

Unibep to finish off Zeppelin construction

schedule 25 June 2014
Aneta Cichla

RUSSIA Construction company Unibep will build the facade and perform finishing work in the Zeppelin office building, a part of the Airport City Sankt Petersburg complex at the Pulkovo Airport in St Petersburg. The contractor, hired by Zao Avielen, is set to fulfill the deal by Q2 2015.

Construction

Another part of Robyg project in Wilanów given a go

schedule 25 June 2014
Aneta Cichla

POLAND Robyg Group has received a permit for constructing another stage of the Osiedle Królewskie project that the company is developing in Warsaw’s Wilanów district.

Poland attracts half of CEE investment

schedule 16 July 2014
Rafał Ostrowski
journalist

POLAND/CEE REGION In H1 2014, an investment volume of app. EUR 2.87 bln was recorded in the CEE region (excluding Russia), according to a market summary by JLL.

World Cup 2018 stadiums to be BREEAM-certified

schedule 16 July 2014
Rafał Ostrowski
journalist

RUSSIA Three out of seven stadiums that will be constructed for the football World Cup 2018 in Russia are currently undergoing the assessment process under the BREEAM-certification system.

Property and Facility Management

Knight Frank with two new towers

schedule 16 July 2014
Tomasz Szpyt-Grzegórski

POLAND Silver Tower Center in Wrocław and Alma Tower in Kraków have chosen Knight Frank to be their property managers.

Hotel sector the most attractive in Russia

schedule 16 July 2014
Rafał Ostrowski
journalist

RUSSIA In the first half of 2014 the hotel segment accounted for the largest share (35 pct) of the Russian real estate investment market, with deals totalling USD 420 mln, according to Colliers International.

Architects to move into former Vladimir Ilyich plant

schedule 16 July 2014
Rafał Ostrowski
journalist

RUSSIA International architectural and engineering company Homeland Group has leased a 1,500 sqm loft-studio in the business complex created in the former Vladimir Ilyich plant in Moscow.

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