News

Office & mixed-use development

Ericsson in Park Rozwoju

schedule 07 April 2014

POLAND Telecom supplier Ericsson has leased 3,600 sqm in the Park Rozwoju office complex, which is being developed by Echo Investment on ul. Konstruktorska in Warsaw.

Jysk leases 1,200 sqm in Colosseum Retail Park

schedule 07 April 2014

ROMANIA On April 10th, home improvement chain Jysk is to open a 1,200 sqm store in the Colosseum Retail Park in Bucharest, which has been developed by Nova Imobiliare. JLL represented the landlord during the negotiations.

Over 18,000 sqm added to Prologis Park Wrocław III

schedule 07 April 2014

POLAND Prologis has begun construction work on 18,240 sqm of class ‘A’ logistics space at Prologis Park Wrocław III.

Holcim and Lafarge to merge

schedule 07 April 2014

EUROPE Building material suppliers Holcim and Lafarge are to merge to become LafargeHolcim.

Property and Facility Management

DTZ to take on Garden Plaza

schedule 07 April 2014

POLAND DTZ has been appointed to manage the Garden Plaza office building on ul. Elbląska in Warsaw’s Żoliborz district.

Investment & finance

VIG Fund buys Havlíčkova Plaza

schedule 07 April 2014
Nathan North
deputy editor

CZECH REPUBLIC FIM Group has finalised the sale of its Havlíčkova Investment vehicle, which owns Havlíčkova Plaza in central Prague, to VIG Fund for an undisclosed sum.

Investment & finance

Two banks to finance second stage of B4B

schedule 04 April 2014
Aneta Cichla

POLAND ING Bank Śląski and MBank will jointly provide a EUR 87 mln loan to finance construction work on the second stage of the Bonarka For Business office project in Kraków, which is being developed by Trigranit Development Corporation together with the IPR group.

Atal records 60 pct higher sales

schedule 04 April 2014

POLAND In Q1 2014, Atal sold 317 apartments. In comparison to the first quarter of 2013 sales increased by 58.5 pct from 200 to 317.

Retail & leisure

Huge Biedronka in Zamość

schedule 04 April 2014

POLAND Biedronka is to be the grocery anchor in the HopStop Zamość centre, which is currently under construction on ul. Sadowa, with a lease of 1,800 sqm. HopStop Zamość Sadowa will be a one-storey street mall with an area of 6,000 sqm located at the site of the former PKS bus terminal.

Residential

Immobel and Griffin to build Osiedle Wilanów together

schedule 04 April 2014
Aneta Cichla

POLAND Developer Immobel has bought a 25 pct stake (with the option to increase the holding to 50 pct) in the company which is to build the Osiedle Wilanów residential project in Warsaw.

Record quarter for Ronson

schedule 04 April 2014

POLAND In the first quarter of 2014 Ronson sold 206 apartments, 56 pct more than in the corresponding period last year when 132 apartments were sold.

Retail & leisure

Two more brands for Brama Mazur

schedule 04 April 2014
Aneta Cichla

POLAND Jysk and Briju have signed leases in the Brama Mazur shopping centre which is being developed in Ełk with Jysk to occupy 1,100 sqm.

Retail & leisure

New car park at Manufaktura

schedule 04 April 2014
Aneta Cichla

POLAND A new three-storey car park is to be built at the Manufaktura shopping centre in Łódź near ul. Drewnowska in an investment of EUR 5 mln.

Retail & leisure

McDonald's closes operations in Crimea

schedule 04 April 2014
Rafał Ostrowski
journalist

UKRAINE/RUSSIA American fast food giant McDonald’s has suspended for an indefinite time the operations of all three of its restaurants in Crimea, in Sevastopol, Simferopol and Yalta.

Retail & leisure

H&M stays in Gemini Park Bielsko-Biała

schedule 04 April 2014
Rafał Ostrowski
journalist

POLAND H&M has renewed its lease of 1,660 sqm of retail space in the Gemini Park shopping centre in Bielsko-Biała.

Investment & finance

Kingfisher to buy Mr. Bricolage

schedule 04 April 2014

EUROPE British DIY chain operator Kingfisher, the owner of Castorama in Poland and Russia as well as Brico Market in Romania, has entered into exclusive negotiations to buy French DIY chain Mr Bricolage.

Moscow with highest building operating costs

schedule 04 April 2014
Rafał Ostrowski
journalist

RUSSIA With an average of USD 140 per sqm per year for class ‘A’ office space, Moscow ranks first in Europe, along with London and Istanbul, for the highest operating expenses (OPEX), according to the ‘Europe Operating Expenses Market View’ report by CBRE.

Prologis issues PEPF II bonds

schedule 04 April 2014

EUROPE Prologis has issued eurobonds worth EUR 300 mln for its Prologis European Properties Fund II (PEPF II).

Foxconn with 25,000 sqm of office and warehouse space

schedule 04 April 2014

CZECH REPUBLIC Taiwanese electronics manufacturer Foxconn has taken occupancy of around 25,000 sqm warehouse and office space in the Kutná Hora industrial park next to its current production plant.

Panattoni develops BTS project for K-Flex

schedule 04 April 2014

POLAND Panattoni Europe has acquired and is to expand a manufacturing facility near Uniejów in the Łódź province in a BTS project for acoustic shielding and insulation producer K-Flex Polska.

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