News

Ewa Andrzejewska

POLAND Internet portal Wirtualna Polska is to occupy 2,400 sqm in building ‘B’ of the Oxygen Park office complex on Al. Jerozolimskie in Warsaw.

Interior design

RAI refurbishes HQ

POLAND Gdańsk-based construction company RAI has refurbished its head offices.

Human resources

Schindler lifts in Tarasy Zamkowe mall

POLAND Schindler lifts, escalators and travellators are to be installed in the Tarasy Zamkowe mall, which is under construction in Lublin.

Investment & finance

Mirbud wants to buy Arena Ostróda

POLAND Construction company Mirbud is planning to take over Demuth Alfa, the owner of the Arena Ostróda exhibition centre.

Królewska to be built in centre of Warsaw

Tomasz Szpyt-Grzegórski

POLAND Austrian-based S+B Gruppe is to start the construction of an office building at the junction of ul. Królewska and ul. Graniczna in Warsaw.

Retail & leisure

Shopping in Borek

Tomasz Szpyt-Grzegórski

POLAND Shopping has opened am 888 sqm store with clothes and home decoration products on the first floor of the Borek shopping centre on ul. Hallera in Wrocław.

Residential

Osiedle Moderno to be built in Wrocław

POLAND Fadesa Polnord Polska is to build the Osiedle Moderno estate on ul. Piękna in Wrocław.

Echo gives up on Cracovia retail project

POLAND Echo Investment has changed its mind over the character of a project planned on the site of the former Cracovia hotel in Kraków.

LSR Group to redevelop ZiL plant

RUSSIA LSR Group has won a tender for the redevelopment of industrial areas within the premises of the ZiL plant in Moscow.

Tallest European tower “ready in 2015”

RUSSIA The Federation Tower skyscraper in Moscow is to be completed by the end of next year, according to Mikhail Smirnov, the general director of Bashnya Federatsiya [Башня Федерация], which is developing the project in the Moscow International Business Center (also known as Moscow-City).

Construction

Prague forced to pay Metrostav CZK 4 bln for Blanka

CZECH REPUBLIC The arbitration court in Prague has ruled that the city council must pay Metrostav CZK 2.7 bln (app. EUR 98 mln) for work done on the Blanka tunnel project as well as making gradual payments totalling CZK 1.34 bln for subsequent work, which according to the ruling now has to be completed within five months.

Retail & leisure

New faces filling up Galeria Sudecka

POLAND Świat Zabawek and Diverse stores are to be opened in Galeria Sudecka in Jelenia Góra, while its food court will now feature a Kuchnia Polska and Thai Restaurant.

Stable demand on Moscow office market

RUSSIA Total office take-up on the Moscow market in Q1 2014 amounted to 290,000 sqm – app. 40 down y-o-y. Colliers points out, however, that Q1 2013 saw the fruition of deferred demand and higher than usual take-up for the period.

Green projects

Marynarska obtains BREEAM In-Use

POLAND Warsaw office complex Marynarska Business Park has received a BREEAM In-Use International certificate in the asset category at the ‘Very good’ level.

Warehouse & industrial

ABC renews 11,500 sqm lease in Sosnowiec

POLAND IT hardware distributor ABC Data has renewed its 11,500 sqm warehouse and office space lease in Distribution Park Sosnowiec.

OBSS doubles up in West Forum

POLAND Objectivity Bespoke Software Specialists (OBSS) is to lease another 2,000 sqm of office space, doubling the area it occupies, in West House 1B – part of the West Forum office complex in Wrocław.

Investment & finance

CTP buys another Prague park

CZECH REPUBLIC CTP has bought the D1 Zone – Nupaky Logistics Park on the south eastern outskirts of Prague from UK investor Mosaic Property and Czech-Irish investment group Kilcullen Kapital Partners for an undisclosed sum.

ICT finalises purchase of O1 Properties stake

RUSSIA ICT Group has finalised the purchase of a 26 pct stake in O1 Properties

Retail & leisure

LPP sees last year as successful

POLAND Clothing retail group LPP generated sales of PLN 4.1 bln in 2013 and a net profit of over PLN 430 mln.

Interior design

Facelift complete for Rondo Bydgoszcz