POLAND Polish Military Property Agency (AMW) has put up for sale a 37.7 ha land plot in Ciechanów. Located on ul. Wojska Polska, app. 1.5 km from the city centre, the plot is packed with 84 military buildings.
Hotels
POLAND Carlson Rezidor Hotel Group has decided to open a five-star Radisson Blu Resort in Świnoujście as part of the Baltic Park Molo complex, developed by Zdrojowa Invest. This will be the first Radisson Blu Resort-branded hotel in Poland.
Investment & finance
POLAND/EUROPE Skanska Central Europe Holding is about to take over SPS Investment, the majority stake owner of Warsaw’s Westin hotel.
POLAND Not Murapol but LC Corp, a company owned by the Polish millionaire Leszek Czarnecki, will buy a 6.4 ha Kraków land plot. The seller is the Jupiter fund, a part of the Gremi group that is owned by Grzegorz Hajdarowicz.
Construction
RUSSIA/UKRAINE Chinese investors have offered the Crimean authorities to build a 4 km long underwater tunnel on the bottom of the Kerch Strait. The tunnel would accommodate two-way railway tracks and a six-lane motorway.
Investment & finance
POLAND In the first half of 2014, Czerwona Torebka has managed to sell 54 units worth nearly PLN 31 mln. Their total leasable area reached 4,900 sqm, a three-fold y-o-y increase, the company informed
CEE REGION Austrian banking group Erste has seen a EUR 929.7 mln loss in the first half of 2014 driven by the writedowns and tax regulations across the CEE markets.
ROMANIA Portuguese commercial bank Banco Comercial Português is selling its Romanian unit, Millennium Bank, to the Hungarian OTP Bank that operates across eight CEE markets.
Investment & finance
ROMANIA South African-owned investor in the Romanian property market NEPI have announced in an annual report that it has bought a 7.4 ha site in Piatra Neamț in the north-east of the country.
UKRAINE At the end of Q2 2014 the primary vacancy level in the warehousing sector in the greater Kyiv area amounted to 10.1 pct, representing a 5.4 pct increase on to Q1, according to research by DTZ.
POLAND In H1 2014 over half of new retail space was completed in cities with less than 100,000 inhabitants, with another 22 pct in cities with populations of between 100,000 and 200,000, according to research by DTZ.
RUSSIA EtalonPromstroy, Etalon Group’s industrial construction subsidiary, has been selected by Japanese investors Unipres Corporation as the general contractor for the design and construction of a 16,000 sqm automobile components factory.
Investment & finance
CEE REGION The first half of the year has seen many European office rentals improving, along with the prime yields hardening in some of the CEE cities, including Bucharest (-50 bps), Budapest (-25 bps) and Prague (-25 bps), a study by Colliers International shows.
Retail & leisure
EUROPE Paris-listed pan-European shopping centre operator Klépierre is set to acquire the Netherlands-based retail group Corio for EUR 7.2 bln. The move comes as Klépierre, which owns assets worth EUR 14 bln, aims to strengthen its position on the market and become Europe’s “leading pure-play retail property company.”
Office & mixed-use development
BULGARIA London-based investor Salamanca Group has opened the 21,000 sqm Infinity Tower office building, a part of the Bulgaria Mall complex.
Warehouse & industrial
CZECH REPUBLIC Toyota Tsusho Europe has leased more than 13,000 sqm of space in Prologis Park Prague-Jirny, increasing its space from the previously leased 7,500 sqm.
CZECH REPUBLIC Metrostav has started work on adapting a section of Václav Havel International Airport in Prague for the use of giant Airbus A380 jumbo jets.
Investment & finance
POLAND Warsaw-listed developer Echo Investment is negotiating a sale of two Polish shopping centres: Pasaż Grunwaldzki in Wrocław and Galaxy in Szczecin.
Hotels
RUSSIA The Park Inn by Radisson Pulkovo Airport hotel in St Petersburg has been opened.
UKRAINE Turkish fashion retailer LC Waikiki has singed a 1,190 sqm lease for space in the Riviera shopping centre in Odessa.
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
Shopee is ending its operations in Poland. The Asian e-commerce platform, which debuted in Poland in 2021, intends to focus on operations in other reg ...
Logicor has officially opened the first public park in the grounds of a logistics centre in Poland. Logicor’s Serenity Park in Mysłowice comprises 4 h ...
Who won this year's 14th edition of the Eurobuild Awards? The jury and guests gathered at the Double Tree by Hilton hotel in Warsaw chose this year's ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
In the latest issue of the magazine, we take a closer look at retail parks, data centres and the PBSA market. We also ask whether, after a slowdown, i ...
On November 17–18, Poznań will, for the third time, bring together experts, decision-makers, designers, entrepreneurs, and representatives of public a ...
In our latest exclusive interview, we spoke with Justyna Glinka, a senior associate at Baker McKenzie Krzyżowski i Wspólnicy, who has been appointed a ...
After a long break, we invite you to hot episode of the "Eye to eye" podcast! Today we talk with Władysław Grochowski, the head and founder of Arche.
The UN Nansen Refugee Award award will go to Poland for the first time. According to the office of the UNHCR High Commissioner this year's regional wi ...
Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation ...
According to the report, Mediterranean and Southern European markets accounted for 44 pct of all inbound overnight tourist arrivals to Europe last y ...
ULI Poland has announced the appointment of new co-chairs to its Product Councils and a new Chair of the Young Leaders group. The leadership team shap ...
Shopping centre operator and developer NEPI Rockcastle has opened Romania’s biggest industrial-scale solar farm in Chișineu-Criș in western Romania.
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
DL Invest Group has entered into a joint venture with Boosteroid, a global provider of cloud technologies and cloud gaming to build a network of moder ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
With a proven track record across Poland, Central and Eastern Europe and Germany, Peakside Capital is emerging as one of the most influential players ...
CA Immo has leased the last remaining offices in the One building in Frankfurt to law firm Kallan Rechtsanwaltsgesellschaft and TMF Deutschland, who n ...
The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
The University of Warsaw has signed a contract with the general contractor for a project at ul. Bednarska 2/4. The new building will house the faculti ...
AFI Czech Republic has begun work on its AFI Home V Korytech project in the Strašnice district of Prague. The PRS development will comprise 519 apartm ...
Despite ongoing geopolitical tensions and economic uncertainty, long-term retail growth is being fueled by urbanisation, tourism, and rapid technology ...
Velis Real Estate Tech is officially changing its name to Singu, adopting the title of its property management product. The rebranding aims to both re ...
Nonko, a logistics company that serves Chinese clients, has leased 4,100 sqm of modern warehouse space at MLP Wrocław.