News

Fifteen interested in designing Warsaw Museum of Modern Art

schedule 20 March 2014
Tomasz Szpyt-Grzegórski

POLAND The first stage of the tender for the design documentation for the building of the Museum of Modern Art and the TR Warszawa theatre has now been completed.

Work on Matexi estate in Bielany to start soon

schedule 20 March 2014
Ewa Andrzejewska

POLAND Matexi Polska is soon to start construction work on a seven-storey building in Warsaw’s Bielany district.

Residential

Victoria Dom to build homes in Targówek

schedule 20 March 2014
Aneta Cichla

POLAND In April developer Victoria Dom is to start the construction phase for the Ogrody Targówek estate in Warsaw’s Targówek district.

Construction

Third stage of InCity underway

schedule 20 March 2014
Aneta Cichla

POLAND The construction of the third stage of the InCity residential complex on ul. Siedmiogrodzka in Warsaw’s Wola district has started.

Construction

Skanska begins work on Opole tech park

schedule 20 March 2014
Tomasz Szpyt-Grzegórski

POLAND The foundation stone has been laid for the Science and Technology Park in Opole, where Skanska is to construct a laboratory and experiment building.

Retail & leisure

Giant Kyiv mall to open in the autumn

schedule 20 March 2014
Rafał Ostrowski
journalist

UKRAINE Despite the political turmoil in the country the Republika shopping and entertainment centre in Kyiv, the largest shopping complex in Ukraine with 450 stores, is to open without disruption.

Office & mixed-use development

GCH in talks with three investors over Park of Poland

schedule 20 March 2014
Rafał Ostrowski
journalist

POLAND Global City Holdings, which is planning to develop the first Disney-style entertainment park in Poland, has entered negotiations to select a partner for the development of the first stage of Park of Poland with three potential investors.

Retail & leisure

Atrium Felicity opens

schedule 20 March 2014

POLAND The Atrium Felicity shopping centre in Lublin has opened.

Investment & finance

Praktiker Polska sold to Swiss investor

schedule 20 March 2014

POLAND Swiss strategic Investor Papag AG has bought Praktiker Polska from its insolvent parent company Praktiker Group.

Investment & finance

Vítek removes Ott as Orco CEO

schedule 20 March 2014
Nathan North
deputy editor

CEE REGION The CEO of Orco Property Group, Jean-François Ott, has been dismissed from his position – a move forced by largest shareholder Radovan Vítek.

Indigo debuts in Russia

schedule 19 March 2014
Rafał Ostrowski
journalist

RUSSIA InterContinental Hotels Group has opened its first hotel under the Hotel Indigo brand in Russia.

Warehouse & industrial

DHL Supply Chain moves to Panattoni Park Mysłowice

schedule 19 March 2014
Nathan North
deputy editor

POLAND DHL Supply Chain has leased more than 12,750 sqm in Panattoni Park Mysłowice.

Residential

Sberbank to provide financing for Microcity V Lesu

schedule 19 March 2014
Rafał Ostrowski
journalist

RUSSIA Rose Group has signed a strategic partnership with Sberbank CIB for providing financing for its projects, including up to RUB 20 bln (app. EUR 400 mln) for the construction of stages 3–7 of its flagship residential development Microcity V Lesu.

Office & mixed-use development

K&L Gates to move to Plac Małachowskiego

schedule 19 March 2014
Nathan North
deputy editor

POLAND International law firm K&L Gates has leased 3,500 sqm of office space in the Plac Małachowskiego building in Warsaw.

Retail & leisure

Moscow, Petersburg and Prague in high street top ten

schedule 19 March 2014
Nathan North
deputy editor

CEE REGION Moscow has the third largest percentage of international luxury high street retailers, according to research by JLL.

IVG Private Funds “sold”

schedule 19 March 2014
Nathan North
deputy editor

EUROPE IVG Immobilien has sold its IVG Private Funds Management business (worth EUR 3.4 bln) to another German fund, Deutsche Immobilien, according to press reports.

Retail & leisure

Work set to begin on Victoria City Center

schedule 19 March 2014

ROMANIA Benevo has announced that construction work on its Victoria City Center project is scheduled to start in-mid 2014 with the grand opening set for September 2015.

EUR 33 mln for Eiffel Square

schedule 19 March 2014

HUNGARY Deutsche Pfandbriefbank has provided a EUR 33 mln loan to Europa Capital on behalf of Europa Fund II to refinance the 23,500 sqm Eiffel Square building in Budapest.

Office & mixed-use development

Groupama Garancia signs 12,250 sqm Erzsébet lease

schedule 19 March 2014

HUNGARY Insurance company Groupama Garancia has leased 12,250 sqm of office space from Warimpex Finanz- und Beteiligungs in the Erzsébet Office complex in Budapest.

Warehouse & industrial

Brno says no to Amazon - again

schedule 19 March 2014
Nathan North
deputy editor

CZECH REPUBLIC The city of Brno has for the second time rejected plans for the development of a distribution centre for US online retail giant Amazon on the outskirts of the city.

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