News

Office & mixed-use development

POLAND The Cud nad Wisłą club in Warsaw has been redesigned according to a concept drawn up by the architects of the 81.WAW.PL studio.

Siemens opens 3,000 sqm technology hub in Cluj

Agata Kłapeć

ROMANIA Siemens has leased out an entire, 3,000 sqm building in the Liberty Technology Park Cluj office complex in Cluj-Napoca, to launch a R&D centre for its IT subsidiary, Evosoft. The new offices will ultimately house over 200 engineers involved in the software development across all Siemens units.

EBRD grants EUR 30 mln loan to redevelop Croatian marinas

Agata Kłapeć

CROATIA The European Bank of Reconstruction and Development (EBRD) has arranged a EUR 30 mln loan for a Turkish developer to renovate two Croatian marinas and help increase nautical tourism in the country.

Accor Group sees “very positive performance” across CEE

EUROPE In the first half of the year, French hotel operator Accor has seen a 2.8 pct y-o-y increase in like-for-like revenues as its total revenues hit EUR 2.5 bln. Meanwhile, like-for-like gains in the Northern, Central and Eastern Europe region (NCEE) alone went up 3.2 pct.

Warsaw is getting "investment intense"

POLAND Warsaw has been ranked sixth in JLL’s global Investment Intensity Index as it outperformed such cities as Paris, New York and Tokyo, the company informed. The top five positions were taken by London, Oslo, Munich, Stockholm and Copenhagen.

Retail developers more interested in smaller markets

POLAND About 63 pct of retail space currently under construction is located in cities with populations under 400,000, according to research by Knight Frank.

PointPark Properties buys eleven logistics parks

CZECH REPUBLIC PointPark Properties has agreed to buy eleven Czech logistics parks from Tristan Capital Partners and VGP for EUR 523 mln.

HB Reavis sells River Garden Office I

CZECH REPUBLIC HB Reavis Group has sold its River Garden Office I building in Prague’s Karlín business district to Prvý realitný fond (PRF) managed by Slovakian company IAD Investments.

TechnoPark Pardubice goes under the hammer

Office & mixed-use development

CZECH REPUBLIC The Naxos auction house is selling Technopark Pardubice, with the lowest bid having been set at CZK 160 mln (app. EUR 5.7 mln).

CH Beck stays in North Gate

POLAND German publishing house CH Beck has renegotiated its lease of 1,500 sqm of office space in the North Gate office building in Warsaw.

Józefosław centre to become Marcredo

POLAND Elbfonds Development is planning to change the name of Centrum Józefosław in Piaseczno near Warsaw to Marcredo Compact Józefosław.

TREI opens two new Vendo Parks

CZECH REPUBLIC/SLOVAKIA TREI Real Estate GmbH, the real estate arm of the Tengelmann Group, has opened two Vendo speciality retail centres in Galanta (Slovakia) and Mohelnice (Czech Republic) of between 3,000 sqm and 4,000 sqm of leasable space.

Warehouse & industrial

Panattoni Poznań project kicks-off

POLAND After purchasing a 18 ha of land in Komorniki near Poznań, Panattoni Europe has started construction work on the first, 35,000 sqm building of its Park Poznań IV logistics centre.

Construction

Agmet to build Outlet Center in Białystok

POLAND Agmet, a Warsaw-based company, has become the general contractor for Outlet Center in Białystok. Developed by ADV Por Property Investment, Outlet Białystok is scheduled to open in spring of next year and house app. 100 stores on 13,000 sqm of leasable space.

Residential

More Atal projects in Łódź

POLAND Atal is building its new residential estate in Łódź, Chojny Park. Comprised of two five-storey buildings, the project is being developed on ul. Rolnicza in the district of Chojny.

TriCity's 25 shopping centres with 1,900 stores in H1

POLAND TriCity's leasable retail space supply has reached 691,000 sqm available across 25 operating shopping malls in H1 2014, while the space saturation in the region amounted to 677,000 sqm per 1,000 residents, Colliers International said in its latest report entitled ‘Shopping Centres in TriCity H1 2014.’

Work on Tomaszów Mazowiecki mall begins

Office & mixed-use development

POLAND Galeria Mazovia, the investor of the shopping centre that is planned to be constructed in Tomaszów Mazowiecki, has received a building permit and started the demolition work on a 4.5 ha site on ul. Barlickiego, formerly occupied by a textile manufacturer, Zakłady Przemysłu Wełnianego.

Łódź’s MediaHub now nearly filled

POLAND Another companies are moving into the MediaHub office building in Łódź. The three new tenants, which will jointly take up 772.4 sqm of space, include PKO Bank Polski, It Works and Europejski Fundusz Leasingowy (EFL).

Industrial investment in Europe hits seven-year high

EUROPE In H1 2014, investors have spent a total of EUR 8.7 bln on industrial properties across Europe, the best first half performance since 2007, a study by CBRE reveals. The figure represents a 25 pct increase versus H1 2013.

VSF Creative shows inside of Galeria Kabaty

22 August 2014