News

GDDKiA announces A4 tender

schedule 19 February 2014

POLAND The General Directorate of National Roads and Motorway (GDDKiA) has announced a tender for a section of over 40 km of the A4 motorway, between Rzeszów and Jarosław.

PHN to build warehouse near Pruszków

schedule 19 February 2014
Aneta Cichla

POLAND Polski Holding Nieruchomości together with an undisclosed industrial partner has signed a letter of intent to build a warehouse complex in Parzniew near Warsaw.

Retail & leisure

Praktika buys 285,000 sqm River Mall

schedule 18 February 2014
Rafał Ostrowski
journalist

RUSSIA Praktika Development has acquired the unfinished River Mall shopping centre located on the third ring road in Moscow, between the Avtozavodskaya and Tulskaya metro stations.

Property and Facility Management

C&W to manage five Tristan centres

schedule 18 February 2014
Nathan North
managing editor

POLAND Cushman & Wakefield has been appointed property manager of the five Polish shopping centres bought last year by EPISO 3, a fund managed by Tristan Capital Partners.

Warehouse & industrial

Distribution Park Annopol set for expansion

schedule 18 February 2014
Aneta Cichla

POLAND Hines is to extend a warehouse in the Distribution Park Annopol complex in Warsaw for the DPD Polska logistic company.

Retail & leisure

Hebe to open in Fabryka Wołomin

schedule 18 February 2014
Aneta Cichla

POLAND The Hebe chain of drugstores will open a 500 sqm outlet in the Fabryka Wołomin shopping centre, which is under construction in Wołomin.

Hotels

Ibis Styles to be built in Grudziądz

schedule 18 February 2014

The Ibis Styles hotel is to be developed on ul. Piłsudskiego and should open in Q4 2015. It will offer 80 rooms, a restaurant and some conference rooms. The Ibis hotel brand currently operates in 22 countries with 233 hotels.

PKP looks for partner for Wrocław project

schedule 18 February 2014

POLAND Polish State Railways (PKP) is looking for a partner to redevelop the Wrocław Świebodzki railway station including the neighbouring 28 ha site.

Retail & leisure

Budimex to build Vis à Vis in Łódź

schedule 18 February 2014
Tomasz Szpyt-Grzegórski

POLAND Construction work on the Vis à Vis strip mall in Łódź is soon to begin.

Retail & leisure

H&M to enter Ukraine this year

schedule 18 February 2014
Rafał Ostrowski
journalist

UKRAINE The first two H&M stores in the country are to be opened in the second half of the year. Both locations are in Kyiv: one in the Respublika shopping centre and the other on Khreshchatyk street close to the Zara store in the city centre.

Kołobrzeg sells land

schedule 18 February 2014
Aneta Cichla

POLAND The town of Kołobrzeg has announced that it will begin the sale of land on ul. Mazowiecka on March 28th as well as a residential estate on ul. Unii Lubelskiej and ul. Okopowa on April 4th.

Retail & leisure

Working out in Magnolia

schedule 18 February 2014

POLAND Pure Jatomi Fitness is to open a fitness centre in Magnolia Park in Wrocław.

Successful last quarter of the year for Fabryka Formy

schedule 18 February 2014
Aneta Cichla

POLAND The Fabryka Formy chain of fitness clubs generated net sales revenue in Q4 2013 almost 77 pct higher than the same period in 2012.

Record 2013 industrial demand – even without the ‘Amazon effect’

schedule 17 February 2014
Nathan North
managing editor

POLAND The decision by Amazon to build three massive distribution hubs in Poland “has significantly accelerated warehouse space demand” in the country, according to a report by Jones Lang LaSalle.

CPI now the top Czech retailer player

schedule 17 February 2014
Nathan North
managing editor

CZECH REPUBLIC Czech investor CPI Group is now the single largest owner of retail space in the country, according to research by Cushman & Wakefield that points to Czech retail returning to local ownership.

Office & mixed-use development

Schneider Electric in Skanska Green Court Bucharest

schedule 17 February 2014

ROMANIA French electrical concern Schneider Electric is the first tenant of Skanska Green Court Bucharest complex with an office lease of 3,100 sqm.

Investment & finance

Brno says no – to Amazon

schedule 17 February 2014
Nathan North
managing editor

CZECH REPUBLIC Members of Brno city council have voted to reject contracts necessary for the construction of a distribution hub for online retailer Amazon on the outskirts of the city.

Office & mixed-use development

Pramerica brings Atrium 1 up to 97 pct

schedule 17 February 2014
Nathan North
managing editor

POLAND Life insurance company Pramerica Życie TUiR has leased 2,300 sqm in Atrium 1 in central Warsaw, bringing the total occupancy level in the office building up to 97 pct.

Warehouse & industrial

Plastics Group leases 2,000 sqm in Wrocław Business Park

schedule 17 February 2014
Nathan North
managing editor

POLAND Plastics Group, a regional distributor of plastic and aluminum products, has leased 1,980 sqm of warehousing and 120 sqm of office space in Wrocław Business Park.

Investment & finance

UGL accused of cooking books by former DTZ head

schedule 17 February 2014
Nathan North
managing editor

WORLD Australian construction group UGL has been accused of false accounting and racial discrimination in an unfair dismissal lawsuit brought by the former global CEO of DTZ, its property services wing.

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