News

High office supply in Kyiv

schedule 06 May 2014
Rafał Ostrowski
journalist

UKRAINE In Q1 the new supply on Kyiv’s office market amounted to 91,400 sqm – the highest quarterly result since 2011, according to JLL.

Office & mixed-use development

Cadence rolls into Katowice and Warsaw offices

schedule 06 May 2014
Nathan North
deputy editor

POLAND IT company Cadence Design Systems has leased a total of app. 1,600 sqm of office space in Warsaw and Katowice.

Office & mixed-use development

Lundbeck to open 1,700 sqm centre in Quattro Business Park

schedule 06 May 2014
Nathan North
deputy editor

POLAND Danish pharmaceutical firm Lundbeck has leased 1,700 sqm of office space in building ‘C’ of Quattro Business Park in Kraków.

Residential

Global Energy can build apartments in Sofia

schedule 06 May 2014
Tomasz Szpyt-Grzegórski

BULGARIA/POLAND The Bulgarian subsidiary of the Warsaw-based company Global Energy has received a building permit for a small residential building in Sofia.

Investment & finance

Orco switches to selling Orco Germany shares to pay Złota debt

schedule 06 May 2014
Aneta Cichla

POLAND Orco Property Group (OPG) has given up on its recently announced plans to obtain a bridge loan to help it to pay back PLN 250 mln worth of liabilities to Pekao bank related to the development of the Złota 44 building in Warsaw.

P3 starts work on Sofa.com warehouse

schedule 06 May 2014
Rafał Ostrowski
journalist

POLAND PointPark Properties (P3) has begun the structural work on a production and warehouse facility for furniture online retailer Sofa.com in PointPark Poznań.

Office & mixed-use development

Skanska to build EUR 58 mln office building in Warsaw

schedule 06 May 2014
Tomasz Szpyt-Grzegórski

POLAND Skanska is to invest EUR 58 mln (app. PLN 240 mln) in a new office building in Warsaw.

Office & mixed-use development

At your own desk – or not

schedule 06 May 2014

EUROPE According to a tenant survey carried out by CA Immo, the flexible workstation model has still not taken off.

MLP to build logistics park near Lublin

schedule 06 May 2014
Aneta Cichla

POLAND A subsidiary of MLP Group – MLP Poznań I – has signed a contract with the Lublin administrative district to buy a 10.5 ha plot on ul. Plewińskiego in Lublin.

Goldman Sachs invests in 01 Properties

schedule 06 May 2014
Rafał Ostrowski
journalist

RUSSIA Goldman Sachs International has bought a 6 pct stake (5.1 mln class ‘B’ ordinary shares) in Russian investment and development company O1 Properties for USD 100 mln.

Investment & finance

Pbb provides loan to seal acquisition of Prague Fashion Arena

schedule 05 May 2014
Nathan North
deputy editor

CZECH REPUBLIC Pbb Deutsche Pfandbriefbank is to provide a EUR 39 mln loan to UK investor Meyer Bergman for the acquisition of the Prague Fashion Arena outlet centre.

Warehouse & industrial

Wrangler owner commissions 39,000 sqm hub from P3

schedule 05 May 2014
Nathan North
deputy editor

CZECH REPUBLIC Clothing group VF Corporation is expanding its distribution centre in PointPark Prague D8 through the construction of a new 39,000 BTS warehouse.

Office & mixed-use development

Office space sold in Vodny

schedule 05 May 2014
Rafał Ostrowski
journalist

RUSSIA Coffee and tea distributor Orimi Centre has purchased almost 1,900 sqm of office space and 19 parking spaces in the Vodny mixed-use centre in Moscow.

Good take-up on Bucharest office market

schedule 05 May 2014
Rafał Ostrowski
journalist

ROMANIA The Bucharest office market has recorded the strongest take-up figure since mid 2012 for the first quarter of this year, according to research by DTZ Echinox.

Investment & finance

EPI Baltic I sells Tallinn mall

schedule 05 May 2014
Rafał Ostrowski
journalist

ESTONIA The EPI Baltic I fund, managed by Northern Horizon Capital (NHI), has completed the sale of the De la Gardie shopping centre to Estonian investment company Lepidus Invest.

Retail & leisure

Vesna opens in Moscow

schedule 05 May 2014
Rafał Ostrowski
journalist

RUSSIA The Vesna shopping centre in Moscow’s Altufyevsky district has opened.

Residential

P.A. Nova waits to start Przemyśl project

schedule 05 May 2014
Rafał Ostrowski
journalist

POLAND P.A. Nova is planning to start the pre-sales of a residential project in Przemyśl.

Investment & finance

Owner of Avans chain files for bankruptcy

schedule 05 May 2014

POLAND Domex group, which is owned by brothers Arkadiusz and Sławomir Tomala, has filed for bankruptcy open to arrangement at the district court in Tarnobrzeg.

New roads in the capital

schedule 05 May 2014

POLAND The Municipal Road Investment Authority in Warsaw has commissioned Skanska to redevelop ul. Kleszczowa in a contract worth PLN 7.6 mln.

Budimex to rebuild Słupsk road

schedule 05 May 2014
Aneta Cichla

POLAND Budimex has won a contract worth PLN 88.9 mln net for the reconstruction work of national road no. 21 in Słupsk.

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