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Plaza Centers still leaking money

schedule 13 March 2014

CEE REGION Plaza Centers has announced its results for 2013 with a loss for the year of EUR 218 mln. Compared to a loss of EUR 86 mln for the previous year.

Retail & leisure

Zagreb IKEA topped out

schedule 13 March 2014

CROATIA A 38,000 sqm IKEA furnishings store has been topped out in Zagreb.

Heineken sells historic brewery

schedule 13 March 2014

ROMANIA Heineken has announced the sale of the Griviţa brewery in Bucharest to a group of real estate investors, including Ionut Dumitrescu, the founder of Eurisko Consulting (a company acquired by CBRE in 2008 for over USD 35 mln).

MirLand increases profitability

schedule 12 March 2014
Rafał Ostrowski
journalist

RUSSIA MirLand Development Corporation has recorded revenues of USD 103.8 mln for 2013, representing a 147.1 pct increase on the USD 42 mln from the previous year.

Retail & leisure

Karavan second stage opens

schedule 12 March 2014
Rafał Ostrowski
journalist

UKRAINE A number of stores in the second stage of the Karavan shopping centre in Dnipropetrovsk have opened ahead of the official opening which is to take place in mid-May.

Record profits for AFI

schedule 12 March 2014

CEE REGION AFI Properties has registered a record profit of EUR 32 mln in 2013 as well as an 85 pct increase in its operating profit to EUR 96.5 mln and an 11 pct y-o-y increase in the company’s net operating income , which totalled EUR 73 mln in 2013.

Investment & finance

Albert to join with Spar

schedule 12 March 2014

CZECH REPUBLIC Ahold, the Dutch company which runs the Albert chain of supermarkets, has agreed to purchase the Czech operations of the Austrian-based grocery chain Spar for over CZK 5.2 bln (app. EUR 191 mln).

Warehouse & industrial

Goodman signs up Les Mousquetaires

schedule 12 March 2014
Rafał Ostrowski
journalist

POLAND Goodman is to develop a 73,872 sqm central warehouse and a two-storey 8,513 sqm office building for grocery and DIY retailer Les Mousquetaires in Swadzim, 15 km from the centre of Poznań.

Investment & finance

HB Reavis sells, Tatra buys

schedule 12 March 2014
Ewa Andrzejewska

SLOVAKIA HB Reavis has sold three buildings in the five-building City Business Center office complex in Bratislava.

Investment & finance

New ownership for Złote Tarasy

schedule 12 March 2014
Tomasz Szpyt-Grzegórski

POLAND Axa Real Estate Investment Managers France intends to take over the Złote Tarasy office and retail complex in Warsaw, which is valued at over PLN 2 bln. The proposed deal has already been referred to the Office of Competition and Consumer Protection (UOKiK).

Investment & finance

Peakside targets projects worth app. EUR 200 mln

schedule 12 March 2014
Tomasz Szpyt-Grzegórski

POLAND/CZECH REPUBLIC Peakside Capital finalised transactions worth EUR 220 mln in 2013. Currently, the group is preparing for more acquisitions and is reviewing properties with a total value app. EUR 200 mln in Germany, Poland and the Czech Republic. I

Students competition for Bielany retail park green area

schedule 12 March 2014
Aneta Cichla

POLAND The Bielany retail park in Wrocław, which is owned by Inter IKEA Centre Group Poland, together with the Wrocław University of Technology, the Academy of Fine Arts and Wyższa Szkoła Humanistyczna in Wrocław are to hold the ‘Inspired by Wrocław’ competition for the design of a green area, which is to be created in the extended Bielany retail park.

Investment & finance

Honey, who shrunk Warsaw?

schedule 12 March 2014
Rafał Ostrowski
journalist

POLAND Park Miniatur Województwa Mazowieckiego (PMWM) is planning to build a miniature town in Warsaw with 50 models of the capital’s buildings on a 3.5 ha plot.

Retail & leisure

Full steam ahead for Ferio

schedule 11 March 2014
Aneta Cichla

POLAND A ceremonial ribbon-cutting ceremony marked the opening of six new stores in the extended Ferio shopping centre in Stare Miasto near Konin.

Marvipol refinances Bielany estate

schedule 11 March 2014

POLAND Marvipol has acquired a PLN 43 mln loan from Getin Noble Bank to refinance the Bielany Residence estate on ul. Sokratesa in Warsaw.

Retail & leisure

German chain in Galeria Goplana

schedule 11 March 2014
Aneta Cichla

POLAND The Rossmann drugstore chain is to open a 500 sqm store in Galeria Goplana in Leszno.

Retail & leisure

Extension of Rywal shopping mall delayed

schedule 11 March 2014
Tomasz Szpyt-Grzegórski

POLAND Inbap, the investor behind the Rywal shopping centre in Biała Podlaska, has announced that the opening of the new extension to the centre has been postponed until Q3 2014 with the new opening date set for August later this year.

CCC and Avans go for My Box

schedule 11 March 2014
Aneta Cichla

POLAND A CCC footwear shop will occupy 400 sqm while an Avans electromarket will take up 450 sqm in the My Box retail park in Namysłów.

Office & mixed-use development

X, Y, Z in Gdynia

schedule 11 March 2014
Rafał Ostrowski
journalist

POLAND Eurostyl is to build the Tensor office complex at ul. Łużycka 8 in Gdynia Redłowo.

Leach & Lang advises on transactions worth PLN 40 mln in Kraków

schedule 11 March 2014
Rafał Ostrowski
journalist

POLAND Leach & Lang Property Consultants has recently advised on three transactions in Kraków with a combined value of PLN 40 mln.

Edition 11 (293) November 2024

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