News

Skanska takes up two more projects

schedule 13 March 2014
Aneta Cichla

POLAND Skanska is to redevelop the offices of the Lubuskie Province Governor’s Office in Gorzów at anet cost of PLN 4.6 mln and is also to build a retail centre in Swarzędz (Wielkopolski Province) for PLN 8.5 mln.

Construction

Three offers for redevelopment of railway station in Bydgoszcz

schedule 13 March 2014
Tomasz Szpyt-Grzegórski

POLAND Three offers have been received in the tender procedure to select a contractor for the first stage of the integrated transport centre in Bydgoszcz.

Retail & leisure

Carrefour starts excavation work in Sochaczew

schedule 13 March 2014

POLAND The ground breaking ceremony for the Sonata Park retail Park in Sochaczew has been held with Ronan Martin, the vice-president of Carrefour Polska digging the first hole.

Investment & finance

Biedronka has eyes on MarcPol

schedule 13 March 2014

POLAND Jerónimo Martins Polska, the owner of the Biedronka grocery chain, is planning to open app. 300 new stores this year, some of which are to be acquired from the MarcPol chain.

Budimex builds for Marshal’s Office in Lublin

schedule 13 March 2014

POLAND Budimex has been appointed by the Marshal’s Office in Lublin to construct the building for its mains offices as well as to construct the Lubelskie Centrum Konferencyjne in a contract worth PLN 89.7 mln net.

Construction

Echo to begin construction work on Osiedle Jarzębinowe

schedule 13 March 2014
Rafał Ostrowski
journalist

POLAND Echo Investment is about to start work on the construction of the second stage of the Osiedle Jarzębinowe estate on ul. Okopowa in Łódź’s Bałuty district.

Retail & leisure

ECE buys land in Bydgoszcz

schedule 13 March 2014
Tomasz Szpyt-Grzegórski

POLAND ECE Projektmanagement Polska has signed a PLN 130 mln conditional purchase agreement with its joint venture partner Galeria Kujawska Nova (whose parent company, PBG, is currently undergoing bankruptcy proceedings open to arrangement) for the four plots on which a Bydgoszcz shopping centre project is to be built.

Hotels

Holiday Inn Express to be opened at Sheremetyevo Airport

schedule 13 March 2014
Rafał Ostrowski
journalist

RUSSIA Holiday Inn Express Moscow - Sheremetyevo Airport with 192 guest-rooms will be opened in 2017 in the vicinity of the the airport’s ‘D’, ‘E’ and ‘F’ terminals.

Office & mixed-use development

DreamWorks park to be located south of Moscow

schedule 13 March 2014
Rafał Ostrowski
journalist

RUSSIA The city of Moscow is in negotiations with Regions Group of Companies, which intends to develop a DreamWorks theme park in Nagatinskaya Poyma south of Moscow, Sergey Kapkov, the head of the Moscow department of Culture, has announced at the MIPIM international real estate show.

Warehouse & industrial

Ejko comes to Prologis Park Błonie

schedule 13 March 2014
Rafał Ostrowski
journalist

POLAND Logistics operator Ejko has leased nearly 3,000 sqm of modern warehouse and office space in Prologis Park Błonie near Warsaw.

Plaza Centers still leaking money

schedule 13 March 2014

CEE REGION Plaza Centers has announced its results for 2013 with a loss for the year of EUR 218 mln. Compared to a loss of EUR 86 mln for the previous year.

Retail & leisure

Zagreb IKEA topped out

schedule 13 March 2014

CROATIA A 38,000 sqm IKEA furnishings store has been topped out in Zagreb.

Heineken sells historic brewery

schedule 13 March 2014

ROMANIA Heineken has announced the sale of the Griviţa brewery in Bucharest to a group of real estate investors, including Ionut Dumitrescu, the founder of Eurisko Consulting (a company acquired by CBRE in 2008 for over USD 35 mln).

MirLand increases profitability

schedule 12 March 2014
Rafał Ostrowski
journalist

RUSSIA MirLand Development Corporation has recorded revenues of USD 103.8 mln for 2013, representing a 147.1 pct increase on the USD 42 mln from the previous year.

Retail & leisure

Karavan second stage opens

schedule 12 March 2014
Rafał Ostrowski
journalist

UKRAINE A number of stores in the second stage of the Karavan shopping centre in Dnipropetrovsk have opened ahead of the official opening which is to take place in mid-May.

Record profits for AFI

schedule 12 March 2014

CEE REGION AFI Properties has registered a record profit of EUR 32 mln in 2013 as well as an 85 pct increase in its operating profit to EUR 96.5 mln and an 11 pct y-o-y increase in the company’s net operating income , which totalled EUR 73 mln in 2013.

Investment & finance

Albert to join with Spar

schedule 12 March 2014

CZECH REPUBLIC Ahold, the Dutch company which runs the Albert chain of supermarkets, has agreed to purchase the Czech operations of the Austrian-based grocery chain Spar for over CZK 5.2 bln (app. EUR 191 mln).

Warehouse & industrial

Goodman signs up Les Mousquetaires

schedule 12 March 2014
Rafał Ostrowski
journalist

POLAND Goodman is to develop a 73,872 sqm central warehouse and a two-storey 8,513 sqm office building for grocery and DIY retailer Les Mousquetaires in Swadzim, 15 km from the centre of Poznań.

Investment & finance

HB Reavis sells, Tatra buys

schedule 12 March 2014
Ewa Andrzejewska

SLOVAKIA HB Reavis has sold three buildings in the five-building City Business Center office complex in Bratislava.

Investment & finance

New ownership for Złote Tarasy

schedule 12 March 2014
Tomasz Szpyt-Grzegórski

POLAND Axa Real Estate Investment Managers France intends to take over the Złote Tarasy office and retail complex in Warsaw, which is valued at over PLN 2 bln. The proposed deal has already been referred to the Office of Competition and Consumer Protection (UOKiK).

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