News

Warsaw roads to be redeveloped

schedule 25 February 2014
Tomasz Szpyt-Grzegórski

POLAND A tender has been announced for the redevelopment of ul. Wołoska in Warsaw between ul. Racławicka and ul. Konstruktorska, which has been a traffic bottleneck for those travelling to and from the city’s Służewiec district for many years.

Investment & finance

HB Reavis secures EUR 36.5 mln loan for River Garden II/III

schedule 25 February 2014
Nathan North
managing editor (English section)

CZECH REPUBLIC HB Reavis has secured financing for the construction and project management of its River Garden II/III project in Prague’s Karlín district.

Warehouse & industrial

Panattoni Park Łódź East grows

schedule 25 February 2014

POLAND The fourth stage of Panattoni Park Łódź East is under construction, with a further 8,300 sqm being added to the park to bring its total area up to around 160,000 sqm.

70,000 sqm mall to be built in Odintsovo

schedule 25 February 2014
Rafał Ostrowski
journalist

RUSSIA A 70,000 sqm shopping centre shopping centre offering 39,000 sqm of leasable space is to be developed in the town of Odintsovo, app. 30 km from the centre of the Russian capital.

EUR 72 mln oceanarium to be built in St Petersburg

schedule 25 February 2014
Rafał Ostrowski
journalist

RUSSIA Optima is planning to develop a EUR 72 mln oceanarium in St Petersburg’s Frunzenskiy district.

Polish hotels ranked amongst the best in world

schedule 24 February 2014
Rafał Ostrowski
journalist

WORLD Gdańsk, Kraków and Warsaw have been ranked among the world’s ten best cities for their accommodation facilities in a poll conducted by hotel search engine trivago.cz.

Echo issues bonds worth PLN 100 mln

schedule 21 February 2014
Aneta Cichla

POLAND Echo Investment has issued unsecured bonds worth PLN 100 mln that will mature on February 19th 2019.

Residential

Ik2 Development to build apartments on ul. Kaszubska

schedule 21 February 2014

POLAND Ik2 Development is to build the Kaszubska 9 project in Wrocław.

Revenue down for Orbis

schedule 21 February 2014

POLAND Grupa Hotelowa Orbis has recorded a total revenue of PLN 682.6 mln for 2013, 3.8 pct down on the previous year.

Office & mixed-use development

Planning permission for Five!

schedule 21 February 2014

CZECH REPUBLIC Hochtief Development has confirmed that it has obtained planning permission for its proposed Five! Smíchov Offices project in Prague’s Smichov district (Prague 5).

Office & mixed-use development

Buma to build more offices in Kraków

schedule 21 February 2014

POLAND Buma group is to build an office building on al. Pokoju in Kraków.

Office & mixed-use development

Almost 3,000 sqm leased in Harfa

schedule 21 February 2014
Rafał Ostrowski
journalist

CZECH REPUBLIC The Czech Ice Hockey Association (CIHA) and LG Electronics CZ have recently joined the tenant mix of the Harfa Office Park in Prague.

Residential

Second stage of Gocławska under construction

schedule 20 February 2014
Aneta Cichla

POLAND Budimiex Nieruchomości has started the construction of the second stage of the Gocławska estate in Warsaw’s Praga Południe district.

Hotels

Best Western Plus Q Hotel to be built in Kraków

schedule 20 February 2014

POLAND Work has begun on the construction of a four-star hotel in Kraków.

Office & mixed-use development

Publishing house moves into Alchemia

schedule 20 February 2014

POLAND Gdańskie Wydawnictwo Oświatowe has moved its head office into the Alchemia office building in Gdańsk with a lease of over 2,500 sqm.

Office & mixed-use development

First tenant in Małachowskiego Square

schedule 20 February 2014

POLAND The K&L Gates law office is the first tenant to lease office space in the historic tenement formerly owned by Count Edward Raczyński on pl. Małachowskiego.

Allcon Budownictwo to build car showroom in Gdynia

schedule 20 February 2014

POLAND Allcon Budownictwo has been commissioned by Plichta to build a Volkswagen showroom on ul. Morska in Gdynia.

Construction

More life in Gdynia shipyard

schedule 20 February 2014

POLAND The Pomeranian Science and Technology Park in Gdynia has signed a contract with Dekpol for the construction of production and innovation facilities in the park.

Government sells stake in road constructor

schedule 20 February 2014

POLAND The government is to sell 382,500 series ‘A’ shares in Przedsiębiorstwo Drogowo-Mostowe in Dębica with a nominal value of PLN 10 each.

Banks stay conservative

schedule 20 February 2014
Tomasz Szpyt-Grzegórski

POLAND A revival has come to the real estate financing market but it still remains difficult to obtain bank loans.

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