PL

News

Investment & finance

Złota 44 “major financial failure” – Orco

schedule 27 March 2014
Nathan North
deputy editor

CEE REGION Orco Property Group has officially announced that late last year it suspended completion work on the Złota 44 residential tower in Warsaw with the intention of selling it in its current state.

Warehouse & industrial

PNK to build warehouse for Hilti

schedule 27 March 2014
Rafał Ostrowski
journalist

RUSSIA Liechtenstein-based developer of construction products Hilti has leased a 13,200 sqm of warehouse space in the PNK-Severnoye Sheremetyevo complex in the Moscow Region.

Echo malls worth more

schedule 26 March 2014
Aneta Cichla

POLAND Kielce-based developer Echo Investment’s portfolio of shopping centres has been valued by Knight Frank as being worth more than PLN 3.4 bln.

Investment & finance

Marvipol sees profits rise

schedule 26 March 2014
Aneta Cichla

POLAND In 2013 Marvipol sold 545 apartments and retail/service units, representing an increase of 80 pct on the figures for 2012.

Investment & finance

Vantage looks to expand beyond Wrocław

schedule 26 March 2014
Aneta Cichla

POLAND “Vantage Development is actively looking for possibilities to develop projects outside Wrocław, which has been the core market for the company up until now,” Edward Laufer, the president of the company’s management board, has announced in a letter addressed to shareholders.

Construction

Erbud to build Retail Park Bielsko

schedule 26 March 2014
Aneta Cichla

POLAND Biuro Inwestycji Kapitałowych has appointed Erbud as the general contractor of the Retail Park Bielsko in Bielsko-Biała in a contract worth PLN 19.6 mln net.

Residential

Ventana estate to be extended

schedule 26 March 2014
Aneta Cichla

POLAND UK-based developer Westmark is considering the development of a third stage of its Ventana estate in Walendów near Warsaw.

Architecture and urban planning

Warsaw plans zone for latest skyscraper projects

schedule 26 March 2014
Tomasz Szpyt-Grzegórski

POLAND The city of Warsaw has revealed the spatial development plan for an area along ul. Twarda, where four skyscrapers could be built.

Interior design

New interior for Focus Mall Bydgoszcz

schedule 26 March 2014
Aneta Cichla

POLAND The food court and toilets in Focus Mall Bydgoszcz have been renovated.

Retail & leisure

Forum Lviv to open in Q1 2015

schedule 26 March 2014
Rafał Ostrowski
journalist

UKRAINE Multi Development Ukraine is planning to open the Forum Lviv shopping centre in the first quarter next year.

Budhouse asks tenants not to panic

schedule 26 March 2014
Rafał Ostrowski
journalist

UKRAINE Kyiv-based developer Budhouse Group has issued a statement in which it encourages tenants to jointly look for best solutions regarding the complex market situation in the country.

Work soon to begin on Aviv Park Zvezdara

schedule 26 March 2014

SERBIA Israeli developer Aviv Arlon is to begin work on its Aviv Park Zvezdara retail park project in Belgrade over the next couple of months, reports local media.

Industrial park expands

schedule 26 March 2014

HUNGARY Two production halls are to be built at the Völgységi industrial park in Bonyhád in an investment of HUF 947 mln (app. EUR 3 mln).

JLL to advise Scania

schedule 26 March 2014
Rafał Ostrowski
journalist

WORLD Swedish automotive manufacturer Scania has appointed JLL as its preferred provider for commercial real estate consultancy and advisory services.

Retail & leisure

Centro selects locations with care

schedule 25 March 2014

POLAND The Centro footwear chain is planning to open ten stores in Poland this year.

Construction

Unibep to build Domaniewska Office Hub

schedule 25 March 2014
Tomasz Szpyt-Grzegórski

POLAND Unibep has signed an agreement with Polski Holding Nieruchomości to develop the Domaniewska Office Hub building in Warsaw’s Mokotów district.

Investment & finance

Higher net profit with declining revenue for Immofinanz

schedule 25 March 2014
Tomasz Szpyt-Grzegórski

CEE REGION Immofinanz has recorded a net profit of EUR 225.8 mln for the first three quarters of the 2013/14 financial year, an increase of 7.1 pct y-o-y.

Investment & finance

GTC to sell and buy

schedule 25 March 2014
Aneta Cichla

CEE REGION Globe Trade Centre is planning to reorganise its real estate portfolio.

Retail & leisure

Factory Warszawa Ursus to grow by 6,000 sqm

schedule 25 March 2014
Aneta Cichla

POLAND Neinver Polska is to extend the Factory Warszawa Ursus outlet centre, with the work to begin at the beginning of April.

NAI Becar to develop condo-hotel chain

schedule 25 March 2014
Rafał Ostrowski
journalist

RUSSIA NAI Becar, a Russian division of NAI Global, is planning to develop a USD 500 mln condo-hotel chain in the next seven years.

Edition 11 (293) November 2024

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