News

Investment & finance

Deutsche Hypo opens Warsaw office

schedule 24 March 2014
Nathan North
deputy editor

POLAND Deutsche Hypothekenbank has opened its new representative office on ul. Chmielna 25 in Warsaw.

Düwi comes to MLP Bieruń

schedule 24 March 2014
Rafał Ostrowski
journalist

POLAND Wiring and electrical products manufacturer Düwi International has leased 3,000 sqm of warehouse and office space in MLP Bieruń in the Katowice Special Economic Zone.

CBRE extends cooperation with Shell

schedule 24 March 2014
Rafał Ostrowski
journalist

WORLD CBRE Group has renewed and expanded its contract with Royal Dutch Shell.

Residential

Sochi Olympic village apartments sale started

schedule 24 March 2014
Rafał Ostrowski
journalist

RUSSIA Glavstroy Development has started sales of apartments in the resort of Sochnoe, which served as the Olympic Village during the XXII Olympic Winter Games in Sochi. Sochnoe is located in Sochi’s Imeretinskiy district in the so-called Olympic coastal cluster.

Green projects

Green garden on Tarasy Zamkowe roof

schedule 21 March 2014
Aneta Cichla

POLAND The roof of the newly-built Tarasy Zamkowe shopping centre in Lublin will feature 16,700 sqm of greenery.

Investment & finance

Capital Park sells Elbląg project

schedule 21 March 2014

POLAND Capital Park has sold a site in Elbląg to Przedsiębiorstwo Budowlane Margo Czepiewski Mariusz for PLN 2.7 mln.

J.W. Construction enjoys sales growth

schedule 21 March 2014

POLAND J.W. Construction Holding generated a consolidated net profit of PLN 11.4 mln in 2013, constituting an 18.8 pct y-o-y growth.

Property and Facility Management

FM staff eager to change employers

schedule 21 March 2014
Tomasz Szpyt-Grzegórski

POLAND The majority of employees working in the facility management sector in Poland would not mind changing their employers, according to a survey being carried out by PropertyTalents and IFMA Polska.

Redan turns things around

schedule 21 March 2014
Tomasz Szpyt-Grzegórski

POLAND Retail group Redan generated a net profit of PLN 3.4 mln in 2013, after suffering a loss of PLN 27 mln in 2012.

MirLand receives USD 49 mln loan for Vernissage Mall

schedule 21 March 2014
Rafał Ostrowski
journalist

RUSSIA MirLand Development Corporation subsidiary Global 1 has obtained a USD 49 mln loan from the Bank of Moscow for the refinancing of its Vernissage Mall project in Yaroslavl, 250 km northeast of Moscow.

Hilton to open in Bryansk

schedule 21 March 2014
Rafał Ostrowski
journalist

RUSSIA A four-star Hilton Garden Inn hotel is to be built within the Aero Park mixed-use complex in Bryansk, a city of 415,000 inhabitants 380 km southwest of Moscow.

Retail developers three times more active in Kyiv

schedule 21 March 2014
Rafał Ostrowski
journalist

UKRAINE If all the shopping projects announced for this year are developed, Kyiv’s retail space will increase by 415,000 sqm, 3.5 times more than last year, according to Anna Chubotina, the head of the retail department at Jones Lang LaSalle in Ukraine, speaking to malls.com.ua.

Investment & finance

Insolvency plan agreed for IVG

schedule 21 March 2014
Nathan North
deputy editor

EUROPE Creditors and shareholders of IVG Immobilien have approved an insolvency plan for the German real estate investor.

Retail & leisure

Galeria Amber opens its doors

schedule 21 March 2014
Nathan North
deputy editor

POLAND The Galeria Amber shopping centre has been opened in Kalisz.

Office & mixed-use development

Hungarian consul in Kraków brewery

schedule 21 March 2014
Tomasz Szpyt-Grzegórski

POLAND The Hungarian Embassy has signed a contract with developer Balmoral Properties to lease premises at ul. Lubicz 17H in Kraków.

Retail & leisure

More space for shoes

schedule 20 March 2014
Aneta Cichla

POLAND Alfa Asset Management, the manager of Focus Mall Bydgoszcz, has secured the lease of additional space in the centre from footwear chain CCC.

Architecture and urban planning

Pl. Małachowskiego: 219 applications

schedule 20 March 2014
Aneta Cichla

POLAND The Public Land Authority in Warsaw has received 219 applications to enter the competition to prepare a new concept for the development of pl. Małachowskiego in Warsaw.

Biedronka replaces Delima in Galeria Rumia

schedule 20 March 2014

POLAND Upside Property Management, the manager of Galeria Rumia, has signed a lease agreement with the Jerónimo Martins group, the owner of the Biedronka chain.

Office & mixed-use development

Launch of second project at Port Praski

schedule 20 March 2014
Tomasz Szpyt-Grzegórski

POLAND Unibep has signed a general contractor agreement for the construction of a residential building including services in Warsaw’s Praga district.

Erbud to issue bonds worth up to PLN 52 mln

schedule 20 March 2014
Tomasz Szpyt-Grzegórski

POLAND Construction company Erbud plans to issue four-year unsecured bearer bonds with a total nominal value of up to PLN 52 mln.

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