News

Retail & leisure

UK-based investor to open 50 gyms in Poland

schedule 16 July 2014
Agata Kłapeć

POLAND CityFit, a new 24/7 fitness club chain created specifically for the Polish market by a London-based private equity fund, has launched its first, 1,500 sqm gym. The company plans on opening 50 variously-sized clubs in a total investment of PLN 100 mln over the next three years.

Retail & leisure

Carrefour and Lukoil open four more

schedule 15 July 2014
Nathan North
deputy editor

POLAND Four new Carrefour Express/Lukoil petrol stations have been opened: two in Poznań and the other two in Gdynia and Pruszcz Gdański.

Lowest office take-up on Moscow market for 13 years

schedule 15 July 2014
Rafał Ostrowski
journalist

RUSSIA In Q2 take-up on the Moscow office market amounted to 84,400 sqm, the lowest result in the last thirteen years, according to the latest office market report by CBRE.

Construction

Building work on Szczecin complex again

schedule 15 July 2014
Aneta Cichla

POLAND Trasko-Inwest, the general contractor for hall ‘D’ in the North-West Logistic Park complex in Szczecin, has started the construction work on the project.

Retail & leisure

Work on Bydgoszcz IKEA to start soon

schedule 15 July 2014
Aneta Cichla

POLAND Preparations are in progress for the launch of the construction of an IKEA store in Bydgoszcz.

Investment & finance

Organic Farma Zdrowia swallows Tradycyjne Jadło

schedule 15 July 2014
Aneta Cichla

POLAND The Organic Farma Zdrowia health food chain has acquired the retail outlets of Tradycyjne Jadło. Thanks to this it now has ten more locations to add to its current 35.

Green projects

Four Wiśniowy office buildings receive BREEAM certificates

schedule 15 July 2014
Aneta Cichla

POLAND Four buildings – ‘C’, ‘D’, ‘E’ and ‘F’ – of the Wiśniowy Business Park complex in Warsaw have acquired BREEAM In-Use green certificates at the ‘Very Good’ level.

Retail & leisure

ADV to begin Outlet Center Białystok

schedule 15 July 2014
Tomasz Szpyt-Grzegórski

POLAND Construction work will start on Outlet Center in Białystok in August. The project is to be built on ul. Narodowych Sił Zbrojnych as part of a retail park.

Retail & leisure

Serenada to begin in the autumn

schedule 15 July 2014
Tomasz Szpyt-Grzegórski

POLAND Construction work on the Serenada shopping centre in Kraków is to start in October.

Office & mixed-use development

Porr to build Times II

schedule 15 July 2014
Tomasz Szpyt-Grzegórski

POLAND UBM has chosen Porr to be the general contractor of Times II, an office and mixed-use project in central Wrocław.

Etalon increases sales

schedule 15 July 2014
Rafał Ostrowski
journalist

RUSSIA Etalon Group’s sales in H1 amounted to 204,000 sqm and RUB 17.17 bln, representing a 33 pct and a 36 pct y-o-y increase respectively, according to the Russian developer’s unaudited operating results.

Office & mixed-use development

Britons to turn Warsaw tenement into office space

schedule 15 July 2014
Tomasz Szpyt-Grzegórski

POLAND London-based real estate investor Amhola is renovating a tenement block it bought at the end of last year in central Warsaw.

Office & mixed-use development

Moscow Lotus office complex to open in Q4

schedule 15 July 2014
Rafał Ostrowski
journalist

RUSSIA Russian developer MR Group is to open the Lotus business centre in Moscow in Q4 2014.

Retail & leisure

Carrefour to open two hypermarkets in Wielkopolska

schedule 15 July 2014
Aneta Cichla

POLAND Carrefour Polska has signed lease contracts for space in two shopping centres in Wielkopolska province.

Szczecin retail market in H1 2014

schedule 15 July 2014
Aneta Cichla

POLAND Szczecin has the smallest retail market among the eight Polish conurbations, according to Colliers International.

Retail & leisure

Rank Progress to build Galeria Kołobrzeg

schedule 15 July 2014
Aneta Cichla

POLAND Rank Progress has commissioned Egis Poland to prepare the design of Galeria Kołobrzeg – a new project by the Legnica-based developer.

Office & mixed-use development

Work Service in Plac Unii

schedule 15 July 2014
Aneta Cichla

POLAND Employment services firm Work Service has leased 2,100 sqm in Plac Unii in Warsaw.

Residential

Hubertus the sixth

schedule 15 July 2014
Tomasz Szpyt-Grzegórski

POLAND Eco-Classic has started the construction of the sixth stage of the Hubertus estate in Warsaw’s Służewiec district.

Investment & finance

Marvipol splits into two

schedule 15 July 2014
Tomasz Szpyt-Grzegórski

POLAND Development and automotive group Marvipol is planning to split into two separate entities.

UAE investor acquires InterContinental hotel

schedule 14 July 2014

HUNGARY Dubai-based developer Al Habtoor Group has acquired InterContinental Budapest, the company informed.

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