News

POLAND The Global Energy group (GE), which is listed on the WSE , has purchased nearly 2.5 mln shares in Gant Development, a developer which is currently in bankruptcy open to arrangements.

Moscow hotel rates likely to be cut

Rafał Ostrowski
journalist

RUSSIA Moscow hoteliers are likely to decrease average daily rates to avoid falling occupancy, according to research by JLL.

Screwed down in Tatabányai

HUNGARY Bolt producer Ferdinand Gross has moved into the Tatabányai Industrial Park, according to local media sources.

Błękitek tower becomes K1 as renovations begin

Nathan North
deputy editor

POLAND The Błękitek skyscraper in Kraków has been renamed K1 and is to undergo major refurbishment.

UKRAINE/RUSSIA The outflow of Ukrainian and international retailers from Crimea is continuing, reports capital.ua. Ukrainian MTI, which operates the Intertop, Intertop Kids and Plato brands, has now closed five stores in Crimea.

Ghelamco buys Polimex Powiśle plot

Nathan North
deputy editor

POLAND A subsidiary of developer Ghelamco has bought a plot of almost 1,000 sqm at ul. Elektryczna 2A in Warsaw from Polimex-Mostostal.

Green campaigners bring action against Galeria Północna

POLAND The Zielone Mazowsze association has appealed against the February decision of Warsaw’s city authorities to pass environmental conditions for the construction of a mall planned by Globe Trade Centre (GTC) in Białołęka district.

Work begins on Prime Corporate Center

POLAND Construction work has begun on Prime Corporate Center on ul. Grzybowska in Warsaw’s Wola district.

Green projects

Rozwoju achieves excellence

POLAND The second stage of the Park Rozwoju office complex in Warsaw has been awarded a BREEAM Interim certificate at the ‘Excellent’ level with a score of 72.9 pct.

Eldorado leases space in SMAK

Rafał Ostrowski
journalist

RUSSIA Consumer electronics retailer Eldorado has sub-leased 3,500 sqm from data centre provider IXcellerate in the SMAK class ‘A’ warehouse in Moscow’s Altufyevsky district.

Office Depot expands in Iulius Business Center Cluj

ROMANIA Iulius Group has signed a five-year extension on a leasing agreement with Office Depot, which has had an office in Iulius Business Center Cluj since 2008.

Investment & finance

P3 set to buy Tristan portfolio?

Nathan North
deputy editor

EUROPE PointPark Properties (P3) is reported to be poised to buy a warehouse portfolio of around 930,000 sqm in Poland, the Czech Republic, Austria and Germany.

Retail supply still growing in eastern Poland

POLAND In Q1 2014, the total shopping centre stock in Poland grew by 140,500 sqm with the opening of three centres (Atrium Felicity in Lublin, Galeria Amber in Kalisz and Galeria Siedlce in Siedlce) and now stands at 8.6 mln sqm gla, according to the latest report on the Polish retail market by JLL.

Two tenants in Margit

HUNGARY Two leases totalling 737 sqm have been signed for space in the Margit Palace building in Budapest.

Mirbud wins another Panattoni contract

POLAND Mirbud has been commissioned by Panattoni Europe to extend a warehouse.

Retail & leisure

Czerwona Torebka enters Pogodne Centrum

POLAND A 1,000 sqm Czerwona Torebka discount store is to open in the Pogodne Centrum shopping centre, which is soon to be completed in Oleśnica.

Warehouse & industrial

MCKP builds again for ABB

POLAND MCKB has built a factory on ul. Aleksandrowska in Łódź for automation technology company ABB.

12-year car wash delay for Dworzec Gdański development?

POLAND The development of the area around Dworzec Gdański in Warsaw could be delayed for around a dozen years by a car wash.

Residential

Second stage begins for Wróbla Staw

POLAND Construction work on the second stage of the Wróbla Staw estate in Gdańsk Jasień is to start in April.

PKP looking for partner to develop former Warsaw station