News

Architecture and urban planning

Winners announced for the best structural engineering projects

schedule 15 November 2014

GLOBAL The Institution of Structural Engineers, a London-based organisation focused on promoting the art and science of structural engineering, has announced the winners of its Structural Awards 2014. The annual contest awards the most innovative structural design solutions from all over the world.

Property and Facility Management

Colliers to manage Adgar Wave

schedule 14 November 2014
Tomasz Szpyt-Grzegórski

POLAND Colliers International has been chosen to be the manager of the Adgar Wave office building in Warsaw’s Mokotów business district.

Chinese giant to take over Starwood's French hotelier

schedule 14 November 2014
Agata Kłapeć

GLOBAL Chinese state-owned travel group Jin Jiang International Holdings has signed a preliminary deal to acquire Louvre Hotels Group, a Paris-based hotelier owned by Starwood Capital Group.

Construction

Mostostal Warszawa to build Zakopane sports hall

schedule 14 November 2014
Tomasz Szpyt-Grzegórski

POLAND Mostostal Warszawa is to build a sports hall in Zakopane. The southern branch of Mostostal Warszawa has undertook to build a multifunctional sports hall including auxiliary infrastructure at the rear of the Central Sports Facility – Olympic Preparations Centre on ul. Bronisława Czecha in the town.

Construction

Strabag chosen for Pruszków sports and cultural complex

schedule 14 November 2014
Aneta Cichla

POLAND Construction company Strabag has signed a contract with the town of Pruszków on Warsaw’s western outskirts for the construction of a cultural heritage centre.

PLN 60 mln bond issue for Robyg

schedule 14 November 2014
Aneta Cichla

POLAND The Robyg group has issued PLN 60 mln of unsecured ‘L’ series bonds.

Warehouse & industrial

Dekpol builds again for 7R Logistic

schedule 14 November 2014
Aneta Cichla

POLAND Dekpol has been commissioned by 7R Logistic to build a 13,600 sqm logistics centre in Kokotów near Kraków.

Office & mixed-use development

Bank leases in Browar Lubicz

schedule 14 November 2014
Tomasz Szpyt-Grzegórski

POLAND PKO BP bank has leased an area in the Browar Lubicz shopping centre in Kraków.

Transneft close to buying Evolution Tower

schedule 14 November 2014
Rafał Ostrowski
journalist

RUSSIA Oil giant Transneft is planning to acquire the Evolution Tower office building in Moscow Intenational Business Center, according to undisclosed market sources cited by Vedomosti.

Warehouse & industrial

GE signs 20,750 sqm Prologis lease deal

schedule 13 November 2014
Agata Kłapeć

HUNGARY US-based energy, finance and industrial conglomerate GE has signed a 20,750 sqm lease deal for warehousing space in Prologis Park Budapest–Gyál.

Construction

Unibep to build near Balaton Lake

schedule 13 November 2014
Tomasz Szpyt-Grzegórski

POLAND Unibep has been chosen to be the general contractor of the first stage of the 360 Stopni estate, which is to be built on ul. Kapelanów AK, alongside the Balaton Lake in Warsaw’s Gocław district.

Construction

Foundation stone under Fabryka Wołomin

schedule 13 November 2014
Aneta Cichla

POLAND Beata Kijowska and Marek Myszk, board members at the Park Handlowy Wołomin company, Paweł Solis, the president of the Wołomin District Council, and Ryszard Madziar, the mayor of Wolomin, have laid the foundation stone for the Fabryka Wołomin shopping centre, which is being developed at ul. Geodetów 2 in the town outside Warsaw’s northeastern outskirts.

Office & mixed-use development

Deloitte to take up 11,000 sqm in new Warsaw tower

schedule 13 November 2014
Agata Kłapeć

POLAND International business consultancy Deloitte has signed a 11,000 sqm lease deal for office space in Q22, an Echo Investment building that is currently being constructed in Warsaw. The PLN 500 mln project is planned to be completed in Q1 2016.

Residential

Luxury fenced estate near Vilnius Old Town

schedule 13 November 2014
Anna Pakulniewicz

LITHUANIA The construction of the Basanavičiaus 9a apartment building has started, 15min.lt has revealed.

Residential

Lithuanian flats in Romanian park

schedule 13 November 2014
Anna Pakulniewicz

ROMANIA Lithuanian developer Hanner Group has started work on the second phase of The Park residential project in Bucharest, Romania.

Hungarian central bank with distressed assets manager

schedule 13 November 2014
Agata Kłapeć

HUNGARY Hungary’s central bank (MNB) is setting up an asset management agency, the MARK Group, that will have HUF 300 bln (EUR 980 mln) to buyout toxic commercial property loans from local banks.

Office & mixed-use development

Medical technology company to stay in Poleczki Business Park

schedule 12 November 2014

POLAND US-based medical equipment manufacturer Stryker has signed a six-year renewal for app. 2,500 sqm of office and logistics space it takes in Poleczki Business Park in Warsaw.

Investment & finance

Brazilian banking tycoon buys The Gherkin

schedule 12 November 2014
Agata Kłapeć

UNITED KINGDOM The Gherkin, London’s second-tallest building, has new owner. The 180-meter office tower located at 30 St Mary Axe has been sold to Safra Group, a Brazilian financial holding controlled by Joseph Safra.

Office & mixed-use development

Budapest office building retains Swedish tenant

schedule 12 November 2014
Agata Kłapeć

HUNGARY ESAB, the Swedish producer of welding equipment, has renewed and extended its 1,820 sqm lease in the Eiffel Square office building in Budapest to 2,320 sqm.

Retail & leisure

Three Sephora openings planned per year

schedule 12 November 2014
Aneta Cichla

POLAND The Sephora perfumery chain is planning to open three new stores per year for the next three years.

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