News

Record profits for AFI

schedule 12 March 2014

CEE REGION AFI Properties has registered a record profit of EUR 32 mln in 2013 as well as an 85 pct increase in its operating profit to EUR 96.5 mln and an 11 pct y-o-y increase in the company’s net operating income , which totalled EUR 73 mln in 2013.

Investment & finance

Albert to join with Spar

schedule 12 March 2014

CZECH REPUBLIC Ahold, the Dutch company which runs the Albert chain of supermarkets, has agreed to purchase the Czech operations of the Austrian-based grocery chain Spar for over CZK 5.2 bln (app. EUR 191 mln).

Warehouse & industrial

Goodman signs up Les Mousquetaires

schedule 12 March 2014
Rafał Ostrowski
journalist

POLAND Goodman is to develop a 73,872 sqm central warehouse and a two-storey 8,513 sqm office building for grocery and DIY retailer Les Mousquetaires in Swadzim, 15 km from the centre of Poznań.

Investment & finance

HB Reavis sells, Tatra buys

schedule 12 March 2014
Ewa Andrzejewska

SLOVAKIA HB Reavis has sold three buildings in the five-building City Business Center office complex in Bratislava.

Investment & finance

New ownership for Złote Tarasy

schedule 12 March 2014
Tomasz Szpyt-Grzegórski

POLAND Axa Real Estate Investment Managers France intends to take over the Złote Tarasy office and retail complex in Warsaw, which is valued at over PLN 2 bln. The proposed deal has already been referred to the Office of Competition and Consumer Protection (UOKiK).

Investment & finance

Peakside targets projects worth app. EUR 200 mln

schedule 12 March 2014
Tomasz Szpyt-Grzegórski

POLAND/CZECH REPUBLIC Peakside Capital finalised transactions worth EUR 220 mln in 2013. Currently, the group is preparing for more acquisitions and is reviewing properties with a total value app. EUR 200 mln in Germany, Poland and the Czech Republic. I

Students competition for Bielany retail park green area

schedule 12 March 2014
Aneta Cichla

POLAND The Bielany retail park in Wrocław, which is owned by Inter IKEA Centre Group Poland, together with the Wrocław University of Technology, the Academy of Fine Arts and Wyższa Szkoła Humanistyczna in Wrocław are to hold the ‘Inspired by Wrocław’ competition for the design of a green area, which is to be created in the extended Bielany retail park.

Investment & finance

Honey, who shrunk Warsaw?

schedule 12 March 2014
Rafał Ostrowski
journalist

POLAND Park Miniatur Województwa Mazowieckiego (PMWM) is planning to build a miniature town in Warsaw with 50 models of the capital’s buildings on a 3.5 ha plot.

Retail & leisure

Full steam ahead for Ferio

schedule 11 March 2014
Aneta Cichla

POLAND A ceremonial ribbon-cutting ceremony marked the opening of six new stores in the extended Ferio shopping centre in Stare Miasto near Konin.

Marvipol refinances Bielany estate

schedule 11 March 2014

POLAND Marvipol has acquired a PLN 43 mln loan from Getin Noble Bank to refinance the Bielany Residence estate on ul. Sokratesa in Warsaw.

Retail & leisure

German chain in Galeria Goplana

schedule 11 March 2014
Aneta Cichla

POLAND The Rossmann drugstore chain is to open a 500 sqm store in Galeria Goplana in Leszno.

Retail & leisure

Extension of Rywal shopping mall delayed

schedule 11 March 2014
Tomasz Szpyt-Grzegórski

POLAND Inbap, the investor behind the Rywal shopping centre in Biała Podlaska, has announced that the opening of the new extension to the centre has been postponed until Q3 2014 with the new opening date set for August later this year.

CCC and Avans go for My Box

schedule 11 March 2014
Aneta Cichla

POLAND A CCC footwear shop will occupy 400 sqm while an Avans electromarket will take up 450 sqm in the My Box retail park in Namysłów.

Office & mixed-use development

X, Y, Z in Gdynia

schedule 11 March 2014
Rafał Ostrowski
journalist

POLAND Eurostyl is to build the Tensor office complex at ul. Łużycka 8 in Gdynia Redłowo.

Leach & Lang advises on transactions worth PLN 40 mln in Kraków

schedule 11 March 2014
Rafał Ostrowski
journalist

POLAND Leach & Lang Property Consultants has recently advised on three transactions in Kraków with a combined value of PLN 40 mln.

Retail & leisure

CityFit debuts on market

schedule 11 March 2014
Aneta Cichla

POLAND The first Polish CityFit fitness club is to open in the Plaza Rzeszów shopping centre in May.

NC3 rises

schedule 11 March 2014
Tomasz Szpyt-Grzegórski

POLAND Consteel is constructing the NC3 office building in Warsaw’s Służewiec district.

Hotels

Conference centre next to hotel

schedule 11 March 2014
Aneta Cichla

POLAND Lokaty Budowlane is planning to extend Hotel Święcice with an exhibition and conference centre on an adjacent 0.6 ha plot.

Karuzela comes to Żary

schedule 11 March 2014
Aneta Cichla

POLAND Boza Inwestycje is preparing a to build the Karuzela retail park in Żary in Poland’s Lubusz region.

Unidevelopment raises PLN 20 mln

schedule 11 March 2014
Tomasz Szpyt-Grzegórski

POLAND Unidevelopment has issued bonds with a nominal value of PLN 20 mln in a non-public offering.

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Edition 10 (302) October 2025

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