News

Office & mixed-use development

Adgar finds new tenant for Służewiec building

schedule 11 July 2014
Aneta Cichla

POLAND Adgar Plaza A, an office building located on ul. Postępu in Warsaw, is now fully leased. Its owner has found a new tenant, Geodis, which will take up 700 sqm of space on the 6th floor of the ten-storey building.

Griffin with EUR 200 mln to lend

schedule 11 July 2014
Tomasz Szpyt-Grzegórski

POLAND Griffin Group has just closed its EUR 200 mln debt fund. The investment group, known for its opportunistic approach towards new purchases and a long record of large developments in Poland, will now be competing with banks by lending money to the real estate borrowers.

Investment & finance

Czech investment up 36 pct in H1 – CBRE

schedule 11 July 2014
Nathan North
managing editor (English section)

CZECH REPUBLIC Total investment volumes in Czech real estate increased by 36 pct y-o-y in the first half of the year to EUR 673 mln, according to CBRE.

Office & mixed-use development

Castle Square development changes its looks

schedule 11 July 2014
Aneta Cichla

POLAND Senatorska Investment, the developer of Plac Zamkowy – Business with Heritage, an office building located at the landmark Castle Square in Warsaw, has introduced some cosmetic changes to the building’s design to make it better harmonized with the historical surroundings.

Residential

Port Praski gains momentum

schedule 11 July 2014
Aneta Cichla

POLAND Work on the Park Praski project, which is being developed in Warsaw by the same-named company, might considerably accelerate as its developer hopes to start the construction of another 18 buildings later this year.

Retail & leisure

Sports Direct to open in enlarged Wrocław mall

schedule 11 July 2014
Aneta Cichla

POLAND The customers of Bielany Retail Park in Wrocław, which is currently being extended, will soon be able to shop also at Sports Direct. The British sports retailer has just leased from Inter IKEA Centre Group Poland a 1,870 sqm store where it will move into after the extension work completes.

Six new tenants in Moscow Fashion House

schedule 11 July 2014
Rafał Ostrowski
journalist

RUSSIA Six brands have recently joined the list of tenants at the Fashion House Outlet Centre in Moscow. They will occupy almost 1,000 sqm in total.

Kapelanka 42 nears completion

schedule 11 July 2014
Rafał Ostrowski
journalist

POLAND Building B of Kapelanka 42, an office complex in the district of Pogórze in Kraków, has received an official occupancy permit.

Retail & leisure

Olsztyn Aura keeps six tenants

schedule 10 July 2014
Ewa Andrzejewska

POLAND Six tenants have decided to stay in the Aura Centrum Olsztyna shopping centre for another five years.

Construction

Carpathia Office House topped off

schedule 10 July 2014
Ewa Andrzejewska

POLAND The Carpathia Office House office building in Warsaw’s Powiśle district has now been topped off.

Retail & leisure

Smyk in Galeria Zdrój

schedule 10 July 2014
Tomasz Szpyt-Grzegórski

POLAND Carrefour Polska has finalised another lease contract with Smyk. A new 500 sqm store of the multi-media chain is to be opened in Galeria Zdrój in Jastrzębie Zdrój.

UBM sells Warsaw property

schedule 10 July 2014
Tomasz Szpyt-Grzegórski

POLAND Austrian developer UBM has sold a property located next to its Parkur Tower office building in Warsaw’s Służewiec district for app. EUR 4 mln.

Office & mixed-use development

Trevica leases space from Capital Park

schedule 10 July 2014
Ewa Andrzejewska

POLAND The Capital Park group, the owner of a complex at ul. Sobieskiego 104 in Warsaw, has leased an office area of almost 1,200 sqm in the facility to Trevica of the MasterCard group.

Construction

Construction of Eqlibrium to start in Q3

schedule 10 July 2014
Ewa Andrzejewska

POLAND Waryński group has obtained a final building permit for the construction of the Eqlibrium office building in Warsaw’s Wola district.

Investment & finance

Inpro group sales grows 40 pct in H1 2014

schedule 10 July 2014
Aneta Cichla

POLAND In the first half of the year, the Inpro Group have seen a 40 pct y-o-y growth in apartment pre-sales (a net number of all preliminary contracts signed).

Investment & finance

Plaza Centers rescue plan given green light

schedule 10 July 2014
Agata Kłapeć

CEE REGION Struggling shopping-centre developer Plaza Centers has received court approval for its debt restructuring plan, the company announced.

Investment & finance

Revetas acquires City Center Sofia

schedule 10 July 2014
Rafał Ostrowski
journalist

BULGARIA Real estate investment fund Revetas I has purchased the City Center Sofia shopping mall (CCS) in Sofia.

Office & mixed-use development

Colliers to market two Budapest office buildings

schedule 10 July 2014
Agata Kłapeć

HUNGARY Colliers has joined forces with real estate management company S Immo Hungary to commercialise two office properties in Budapest, Podium and Blue Cube.

Investment & finance

Orco to delist from Prague Stock Exchange

schedule 10 July 2014
Nathan North
managing editor (English section)

CZECH REPUBLIC Orco Property Group has decided to delist all of its 114,507,629 ordinary shares from the regulated market of the Prague Stock Exchange.

Office & mixed-use development

Work begins on Gdański Business Center II

schedule 10 July 2014
Nathan North
managing editor (English section)

POLAND HB Reavis has started the second phase of the Gdański Business Center project close to the Dworzec Gdański station in Warsaw.

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