News

Office & mixed-use development

OBSS doubles up in West Forum

schedule 23 April 2014
Nathan North
managing editor (English section)

POLAND Objectivity Bespoke Software Specialists (OBSS) is to lease another 2,000 sqm of office space, doubling the area it occupies, in West House 1B – part of the West Forum office complex in Wrocław.

Investment & finance

CTP buys another Prague park

schedule 22 April 2014
Nathan North
managing editor (English section)

CZECH REPUBLIC CTP has bought the D1 Zone – Nupaky Logistics Park on the south eastern outskirts of Prague from UK investor Mosaic Property and Czech-Irish investment group Kilcullen Kapital Partners for an undisclosed sum.

ICT finalises purchase of O1 Properties stake

schedule 22 April 2014
Rafał Ostrowski
journalist

RUSSIA ICT Group has finalised the purchase of a 26 pct stake in O1 Properties

Retail & leisure

LPP sees last year as successful

schedule 22 April 2014
Aneta Cichla

POLAND Clothing retail group LPP generated sales of PLN 4.1 bln in 2013 and a net profit of over PLN 430 mln.

Interior design

Facelift complete for Rondo Bydgoszcz

schedule 22 April 2014
Aneta Cichla

POLAND The second stage of the remodelling of the Rondo shopping centre in Bydgoszcz has now been completed.

Warehouse & industrial

More investment land in Bytom

schedule 22 April 2014
Tomasz Szpyt-Grzegórski

POLAND More investment land is to be created in Bytom in new investment activity zones in post-industrial areas of the town.

Lidl builds Bydgoszcz distribution centre

schedule 22 April 2014

POLAND The foundation stone has been laid for the construction of a Lidl distribution centre in Bydgoszcz.

Residential

Atal estate in Kraków takes shape

schedule 22 April 2014
Tomasz Szpyt-Grzegórski

POLAND At the end of March, Atal started the construction of the second stage of the City Towers Czyżyny project in Kraków.

Radway to extend Swarzędz plant

schedule 22 April 2014

POLAND Shower cubicle manufacturer Radway has obtained a permit for the extension of its factory in Jasin near Swarzędz, in the Kostrzyn and Słubice Special Economic Zone.

Retail & leisure

Echo mall in Bełchatów to become retail park

schedule 22 April 2014
Tomasz Szpyt-Grzegórski

POLAND Echo Investment is to redevelop a section of Galeria Olimpia in Bełchatów, introducing an interior furnishing and decoration section and new stores to the complex.

Orbis enjoys Q1 growth

schedule 22 April 2014
Aneta Cichla

POLAND Orbis group enjoyed improved results for Q1

Jerónimo Martins distribution centre to be built in Parzniew

schedule 22 April 2014

POLAND Budimex has been commissioned by Jerónimo Martins Polska to construct a distribution centre in Parzniew near Warsaw.

Nifco Poland to extend Świdnica factory

schedule 22 April 2014

POLAND Plastic components producer Nifco Poland is to extend its factory in Świdnica, which lies within the Wałbrzych Invest-Park Special Economic Zone.

S5 to be built more cheaply

schedule 22 April 2014

POLAND Five companies are interested in designing and building a 15 km section of the S5 expressway between Korzeńsk and Wrocław.

Residential

Apartments above Czerwona Torebka

schedule 22 April 2014

POLAND A Czerwona Torebka discount store and a number of retail units and apartments are to be built on ul. Głowackiego in Nowa Sól.

Investment & finance

Orco given Złota 44 reprieve by Pekao

schedule 22 April 2014
Nathan North
managing editor (English section)

POLAND Orco Property Group has announced that on April 17th it concluded that an agreement with Pekao bank for the acquisition of loan receivables and collateral related to the Zlota 44 residential tower project in Warsaw.

Investment & finance

PPF to buy City Tower?

schedule 21 April 2014
Nathan North
managing editor (English section)

CZECH REPUBLIC PPF Group, owned by Czech businessman Petr Kellner, is poised to buy the City Tower office building in Pankrác (Prague 4), according to local media.

Investment levels to be lowest since crunch

schedule 21 April 2014
Rafał Ostrowski
journalist

RUSSIA Investment levels could be the lowest in the post-crisis period and comparable to total investment volumes in 2009, when the volume reached USD 3.2bn, according to JLL.

Roof-top fitness for Robyg

schedule 21 April 2014

POLAND An additional floor is to be built on the roof of the Robyg Business Center office building in Wilanów.

River Island “will not close down in Poland or Russia”

schedule 21 April 2014

POLAND/RUSSIA The decision by the Empik Media & Fashion group to terminate its clothing and footwear retail franchises will not affect the further development of the River Island chain in Poland and Russia, according to a company statement.

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