News

Investment & finance

Life on Mars

schedule 12 May 2014
Tomasz Szpyt-Grzegórski

POLAND The Mars FIZ fund, which is managed by MS TFI, has decided to establish two subsidiary investment funds: Mars Shipyards & Offshore and Mars Real Estate.

Residential

Echo starts sales for Poznań estate

schedule 12 May 2014
Nathan North
deputy editor

POLAND Echo Investment has started selling apartments in the first stage of its Park Sowińskiego project in Poznań’s central Stary Grunwald district.

Retail & leisure

Black Rock Arena mall to be built in Świdnica

schedule 12 May 2014
Aneta Cichla

POLAND The Black Rock Arena mall is to be built in Świdnica, at the junction of ul. Różana and ul. Łukowa.

Residential

Ronson to build more Szczecin apartments

schedule 12 May 2014

POLAND Ronson is to start the construction of the Panoramika II project located on ul. Panoramiczna in Szczecin’s Warszewo district.

Varsovians spend PLN 1,350 annually on clothing and shoes

schedule 12 May 2014
Aneta Cichla

POLAND In 2013 the purchasing power of the average Warsaw citizen on clothing and footwear amounted to app. PLN 1,350. Residents of greater Warsaw spend around PLN 100 less.

Selgros to open in Lublin

schedule 12 May 2014

POLAND Mostostal Zabrze Gliwickie Przedsiębiorstwo Budownictwa Przemysłowego has been contracted by Selgros to construct a Selgros shopping centre in Lublin.

Retail & leisure

Mila Park to debut in Płońsk

schedule 12 May 2014
Aneta Cichla

POLAND Mila Park, a new chain of retail parks, is to be developed by City Star in Poland.

Wikana starts Piaseczno project

schedule 12 May 2014
Aneta Cichla

POLAND Wikana is about to being its first activities in Warsaw.

Capital Park invests in high streets

schedule 12 May 2014
Tomasz Szpyt-Grzegórski

POLAND Capital Park has purchased two retail units with a combined area of nearly 686.6 sqm located in Olsztyn and Warsaw.

Stoleshnikov Lane among the most expensive

schedule 09 May 2014
Rafał Ostrowski
journalist

RUSSIA/EUROPE Moscow’s Stoleshnikov Lane has been named one of the five priciest shopping streets in Europe in Colliers International’s Retail Snapshot report.

Polish warehouse supply exceeds 8 mln sqm

schedule 09 May 2014
Rafał Ostrowski
journalist

POLAND Polish modern warehouse supply has exceeded 8 mln sqm, according to Colliers International.

Warsaw office supply to suppress rents

schedule 09 May 2014
Rafał Ostrowski
journalist

POLAND The growth in office stock in Warsaw forecasted for the next two years is likely to create downward pressure on rents, lowering effective rates by as much as 25 pct below the level of headline rents, according to CBRE.

Construction

Stroygazconsulting wins EUR 1 bln contract

schedule 09 May 2014
Rafał Ostrowski
journalist

RUSSIA Stroygazconsulting has won a EUR 1 bln (RUB 48.9 bln) contract for the construction of the first section of the Moscow Central Ring Road.

Domus postpones Euronext IPO

schedule 09 May 2014
Nathan North
deputy editor

CZECH REPUBLIC Dutch-registered Czech residential developer Domus, the 100 pct shareholder of RPG Byty, has announced that it is postponing its IPO and listing on the Euronext market in Amsterdam “due to market conditions”.

Better results and profitability at Mirbud

schedule 09 May 2014
Aneta Cichla

POLAND Stock exchange-listed company Mirbud finished the first quarter with positive figures in all segments of its operations as well as a y-o-y improvement of over 2.23 pct in terms of sales profitability.

Residential

Dom Development launches new Warsaw estate

schedule 09 May 2014
Tomasz Szpyt-Grzegórski

POLAND Dom Development has started selling apartments in its Palladium residential project in Warsaw.

Retail & leisure

First few shops in Karuzela

schedule 09 May 2014

POLAND The first few tenants have been secured for Galeria Karuzela, which is being developed near ul. Kolejowa and ul. Miłosławska in Września.

Construction

PTB Nickel builds for furniture manufacturer

schedule 09 May 2014

POLAND PTB Nickel is building a showroom combined with an office building for furniture manufacturer Matex in Nekla near Poznań.

Architecture and urban planning

MKC wins Kolska od Nowa contest

schedule 09 May 2014

POLAND The MKC Architekci architectural studio has won a competition for the preparation of the architectural concept of Matexi Polska’s Kolska od Nowa project in Warsaw.

CCC finds contractor for Polkowice warehouse

schedule 09 May 2014
Aneta Cichla

POLAND Porr (the consortium leader) and Tulcon are to build a high storage hall in Polkowice for the CCC retail chain.

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