News

Residential

Yareal plans luxury apartments in Saska Kępa

schedule 23 January 2014
Ewa Andrzejewska

POLAND French company Yareal is to develop a three-storey building with 27 apartments at ul. Londyńska 5 in Warsaw’s Saska Kępa district.

Budimex wins PLN 89.7 mln contract

schedule 23 January 2014

POLAND Budimex has won a contract to construct the Lubelskie Centrum Konferencyjne conference centre and the new offices of the Provincial Marshal in Lublin.

Retail & leisure

Diverse in two outlet centres

schedule 23 January 2014

POLAND Diverse clothes shops are to open in Outlet Center Lublin and Outlet Center Białystok.

Retail & leisure

Retail Park Radom planned

schedule 23 January 2014

POLAND Plans have been announced for a retail park to be built near the ks. Jerzego Popiełuszki roundabout in Radom.

Retail & leisure

Restaurant opened in former cotton mill

schedule 23 January 2014

POLAND A new restaurant called Bawełna has been opened in Manufaktura in Łódź. The restaurant, which will occupy three levels and have a total of area in excess of 400 sqm, is located in a former cotton mill.

GDDKiA to make more overdue payments to subcontractors

schedule 23 January 2014

POLAND The General Directorate of National Roads and Motorways (GDDKiA) is waiting for applications from firms who were not paid for work related to the construction of a number of sections of the A1 and A4 motorways by the general contractors of the projects.

Record quarter for Russian retail

schedule 23 January 2014
Rafał Ostrowski
journalist

RUSSIA In Q4 the Russian retail market saw the highest quarterly level of completions in seven years at more than 800,000 sqm, according to Jones Lang LaSalle.

LSR to build 440,000 sqm in New Moscow

schedule 23 January 2014
Rafał Ostrowski
journalist

RUSSIA LSR Group is to build a 440,000 sqm residential project on Varshavskoye Shosse in the New Moscow area, app. 15 km from MKAD Moscow ring road.

Office & mixed-use development

S Immo delays making its Mark

schedule 23 January 2014

ROMANIA Austrian developer S Immo has decided to delay the launch of construction work on the Mark office building to be built on Uranus Boulevard in Bucharest and wait for better economic conditions, reports ‘Mediafax’.

Hungary risks losing EU road building funds

schedule 23 January 2014

HUNGARY The European Commission is threatening to withhold EUR 562 mln in funding for Hungarian road construction, reports ‘Magyar Nemzet’.

Investment & finance

GLL moves Charles de Gaulle Plaza between funds

schedule 23 January 2014

ROMANIA The Charles de Gaulle Plaza office building in Bucharest was sold last year for almost EUR 70 mln, reports ‘Ziarul Financiar’.

Construction

Doom sealed for Hotel Praha

schedule 23 January 2014
Nathan North
managing editor

CZECH REPUBLIC PPF Group has confirmed that it has received a final decision authorising the demolition of the former Hotel Praha in Hanspaulka (Praha 6).

Warehouse & industrial

Two re-lease 13,800 sqm in Panattoni parks

schedule 23 January 2014
Nathan North
managing editor

POLAND Two lease renewals for a combined area of 13,800 sqm have been signed by tenants of Panattoni warehousing parks.

Office & mixed-use development

Cisco and Eli Lilly remain in Oasis

schedule 23 January 2014
Nathan North
managing editor

CZECH REPUBLIC Cisco Systems and pharmaceutical company Eli Lilly have extended their respective leases of 800 sqm and 1,500 sqm of office space at Oasis Florenc in Prague 8.

Construction

Drawing studio for Warsaw University of Technology

schedule 22 January 2014

POLAND Skanska has been commissioned by the Warsaw University of Technology to build the Nowa Kreślarnia (New Drawing Studio) for its faculty of transport.

Mostostal Export sells land in Kraków

schedule 22 January 2014

POLAND Mostostal Export subsidiary Pod Fortem-2 has been sold for PLN 22.63 mln, with Kraków-based CEC Property Group Limited buying 100 pct of the shares.

Inbag to be built in Lubań

schedule 22 January 2014
Nathan North
managing editor

POLAND Closed investment fund Inbap (formerly known as BPF Inwestor) is to build the Inbag retail park in Lubań in the Lower Silesian province.

Growth in home sales continues

schedule 22 January 2014

POLAND Over 7,800 apartments were placed on the market in the October–December period of 2013 in Warsaw, Kraków, Wrocław, the TriCity, Poznań and Łódź, according to figures from Reas.

Investment & finance

Auchan takeover of Real approved

schedule 22 January 2014

POLAND The Office of Competition and Consumer Protection (UOKiK) has approved the takeover of the Real hypermarket chain by Auchan Polska, on condition that eight stores are sold.

Eight move into Warsaw Arkadia

schedule 22 January 2014

POLAND Eight stores with a combined area of more than 1,300 sqm have opened in the Arkadia shopping centre in Warsaw.

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