News

Construction

Foundation stone laid for Budapest’s Nordic Light

schedule 08 April 2015
Agata Kłapeć

HUNGARY Skanska has held the cornerstone ceremony for the Nordic Light office complex in Budapest, its seventh project in the city.

Retail & leisure

Bucharest retail park remodelled

schedule 08 April 2015
Agata Kłapeć

ROMANIA Liebrecht & Wood Group is redeveloping its 74,500 sqm gla West Park retail property located in the western part of Bucharest.

Erbud given Wrocław job

schedule 08 April 2015
Tomasz Szpyt-Grzegórski

POLAND Construction company Erbud has been awarded a contract for the construction of an office and services project in Wrocław.

Robyg shareholders sell up

schedule 08 April 2015
Aneta Cichla

POLAND A total of more than 20 pct of Robyg’s shares have been sold by Nanette Real Estate Group and Lbpol William II.

Retail & leisure

Carrefour in Gdańsk to undergo renovations

schedule 08 April 2015
Aneta Cichla

POLAND At the beginning of April, Carrefour Polska is to start work on the redevelopment and modernisation of a Carrefour hypermarket in Galeria Morena in Gdańsk.

Budimex plans new Gdańsk project

schedule 08 April 2015
Tomasz Szpyt-Grzegórski

POLAND Budimex Nieruchomości has purchased an undeveloped 5.1 ha plot on ul. Jana Pawła II in Gdańsk for a net price of EUR 11.4 mln (PLN 46.4 mln) from its own equity.

Office & mixed-use development

Echo to build Wrocław offices

schedule 08 April 2015
Tomasz Szpyt-Grzegórski

POLAND Echo Investment is to develop two new office buildings in Wrocław.

Investment & finance

Polnord sells more and reduces debt

schedule 08 April 2015
Aneta Cichla

POLAND Polnord finished Q1 2015 with a 12 pct increase in sales of apartments compared to the same period in 2014.

Moscow warehouse rents hit five year low

schedule 07 April 2015
Rafał Ostrowski
journalist

RUSSIA Moscow warehouse rents have reached their lowest levels for the past five years, according to the Moscow Industrial Big Box report by CBRE.

Investment & finance

Investors more risk averse in CEE

schedule 07 April 2015
Agata Kłapeć

EUROPE 40 pct of EMEA investors will be looking to take more risk in 2015 than in 2014, while 9 pct of them assess their appetite as lower than last year. However, their higher risk tolerance doesn’t seem to spill over to the central part of Europe, says CBRE in its “Investor Intentions Survey 2015” report.

Office & mixed-use development

Kulczyk secures permit for Ethos extension

schedule 07 April 2015
Tomasz Szpyt-Grzegórski

POLAND Kulczyk Silverstein Properties (KSP) has obtained a final building permit for to renovate and extend an office and retail project at pl. Trzech Krzyży 10/14 in Warsaw.

Warehouse & industrial

MLP keeps Pruszków tenant

schedule 07 April 2015
Aneta Cichla

POLAND Logistics company Kuehne + Nagel is to continue operating from a warehouse park in Pruszków owned MLP Group.

Four stars for Best Western Grand Hotel in Kielce

schedule 07 April 2015
Aneta Cichla

POLAND The Best Western Grand Hotel in Kielce is extending its conference and exhibition section.

Residential

Blockpol building in Krzyki district

schedule 07 April 2015
Aneta Cichla

POLAND Blockpol is to develop a four-storey residential building with 65 apartments of between 25 sqm and 62 sqm in Wrocław’s Krzyki district.

Office & mixed-use development

Idea forms in Bydgoszcz

schedule 07 April 2015
Ewa Andrzejewska

POLAND The Idea Przestrzeń Biznesu office building in Bydgoszcz is to be finished in Q4. The investor behind the six-storey, class ‘B+’ facility is Bydgoski Park Przemysłowo-Technologiczny [the Bydgoszcz Industrial and Technological Park].

Architecture and urban planning

Kraków architects to design Zodiak

schedule 07 April 2015
Tomasz Szpyt-Grzegórski

POLAND Kraków-based architectural studio Gowin & Siuta has been chosen in a competition to prepare the concept for the development of the area around Warszawski Pawilon Architektury Zodiak in Warsaw city centre.

Investment & finance

Wikana puts retail portfolio up for sale

schedule 07 April 2015
Aneta Cichla

POLAND Robert Pydzik, the president of the board of developer Wikana, has announced that in line with its current strategy the company intends to sell its retail portfolio.

Office & mixed-use development

O1 obtains tenant for White Stone

schedule 07 April 2015
Rafał Ostrowski
journalist

RUSSIA Energy sector equipment and services provider FMC Technologies has leased 1,041 sqm in the White Stone business centre in Moscow.

Investment & finance

PLN 1.5 bln to revitalise Praga

schedule 03 April 2015
Tomasz Szpyt-Grzegórski

POLAND Warsaw city council has announced that app. PLN 1.5 bln has been designated for the revitalisation of Warsaw’s right-bank.

Retail & leisure

CCC to open in Zielone Arkady

schedule 03 April 2015
Tomasz Szpyt-Grzegórski

POLAND The CCC footwear chain has leased space in the Zielone Arkady shopping centre, which is currently under construction in Bydgoszcz.

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