News

Property and Facility Management

ConvergenCE to manage KPMG HQ

schedule 16 April 2014

HUNGARY KPMG has entrusted real estate asset and property manager, ConvergenCE with the property management of its new Budapest headquarters.

Warehouse & industrial

Bonito.pl moves to Kraków Airport Logistics Centre

schedule 16 April 2014

POLAND Goodman has leased a 4,060 sqm warehouse including 559 sqm of office space to online bookstore Bonito.pl at Kraków Airport Logistics Centre.

Office & mixed-use development

Client & Friends comes to Tulipan

schedule 16 April 2014

POLAND Software provider Client & Friends has leased 1,300 sqm of office space for a five-year term in Tulipan House on ul. Domaniewska in Warsaw’s Mokotów business district.

Even bigger Martes Sport in Galeria Warmińska

schedule 16 April 2014
Tomasz Szpyt-Grzegórski

POLAND Martes Sport has almost doubled the size of the store it is to lease in the Galeria Warmińska shopping centre in Olsztyn.

PHN to pay nearly PLN 100 mln of dividends

schedule 16 April 2014

POLAND Polski Holding Nieruchomości is to pay out a total of PLN 99,849,486.24 in dividends (PLN 2.16 per share) for 2013.

Komputronik in the black

schedule 16 April 2014

POLAND Komputronik has released its preliminary results for Q1 2014 with a revenue of PLN 451.1 mln, up by 22 pct on the PLN 369.7 mln recorded in the same quarter of the previous year.

Construction

Galardia mall topped off

schedule 16 April 2014
Aneta Cichla

POLAND The Galardia shopping centre in Starachowice has been topped off.

Construction

General contractor chosen for WW II museum

schedule 16 April 2014
Aneta Cichla

POLAND A consortium of Warbud, Hochtief Polska and Hochtief Solutions has been appointed as the general contractor to build the Museum of the Second World War in Gdańsk.

Segro restructures debt

schedule 15 April 2014

EUROPE UK-based warehouse developer Segro has agreed new and amended bank facilities totalling EUR 460 mln.

Holiday Inn comes to Stavropol

schedule 15 April 2014
Rafał Ostrowski
journalist

RUSSIA A 242-room Holiday Inn hotel is to open in Stavropol in southwestern Russia, with the opening scheduled for 2017.

Etalon increases sales and announces first dividend

schedule 15 April 2014
Rafał Ostrowski
journalist

RUSSIA According to an announcement yesterday Russian residential developer Etalon Group’s board of directors recommended the payment of its first dividend, of USD 0.075 per share for the year ended December 31st, 2013.

Residential

Okam projects move forward

schedule 15 April 2014

POLAND Okam has announced that it is waiting for the occupancy permit for the first stage (100 apartments) of its Dom w Dolinie Trzech Stawów project in Katowice.

Investment & finance

Penta enters Polish property scene with Warsaw plot purchase

schedule 15 April 2014
Nathan North
deputy editor

POLAND Slovakian fund Penta Investments has made ​​its first transaction on the Polish market, buying land in Warsaw’s Mokotów district for the construction of an office building.

Office & mixed-use development

HB Reavis to begin second stage of GBC

schedule 15 April 2014
Ewa Andrzejewska

POLAND Construction work on the second stage of the Gdański Business Center office complex in Warsaw is to start this summer.

Poznań sells land in retail district

schedule 15 April 2014
Tomasz Szpyt-Grzegórski

POLAND The Wielkopolski Rynek Hurtowy company, which is majority owned by the city of Poznań, is to auction a plot of almost 14 ha for a starting price of PLN 42.2 mln.

Jasło furniture plant to re-open after extension

schedule 15 April 2014
Tomasz Szpyt-Grzegórski

POLAND The Nowy Styl furniture group is planning to complete the extension of its furniture factory in Jasło, Subcarpathia, this August.

Retail & leisure

More fashion in Bonarka

schedule 15 April 2014

POLAND A My Way Concept Store is to open in the Bonarka City Center shopping centre in Kraków.

Construction

Eurovia Polska and Warbud to build S19 section

schedule 14 April 2014

POLAND The General Directorate of National Roads and Motorways in Rzeszów has appointed a consortium of Eurovia Polska and Warbud to build a section of the S19 expressway from the Śliwcza interchange (DK4) to the Rzeszów Południe (Kielanówka) interchange.

Gliwice station to be redeveloped

schedule 14 April 2014
Tomasz Szpyt-Grzegórski

POLAND The Polish State Railways (PKP) is preparing to redevelop the main railway station in Gliwice.

Investment & finance

J.W. Construction in need of cash injection

schedule 14 April 2014
Tomasz Szpyt-Grzegórski

POLAND The shareholders of J.W. Construction Holding have approved a proposed rights issue.

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