News

Investment & finance

Capital Park makes modest entry to Warsaw bourse

schedule 13 December 2013
Rafał Ostrowski
journalist

POLAND Capital Park has listed on the Warsaw Stock Exchange. Three hours into its debut the company’s share price fell by around 14 pct.

Accusations fly as battle over Orco intensifies

schedule 13 December 2013
Nathan North
managing editor

CE REGION Kingstown Capital Management, which owns a 10.6 pct stake in Orco Property Group (OPG), has written an open letter to Orco shareholders warning against and severely criticising CPI owner Radovan Vítek’s attempts to take over the company.

Investment & finance

CA Immo buys out Axa P1 stake

schedule 13 December 2013

POLAND CA Immo has acquired a 49 pct stake in the P1 property portfolio in Warsaw from Axa Investment Managers.

Rossmann warehouse to be built in Pyskowice

schedule 12 December 2013
Aneta Cichla

POLAND Drugstore chain Rossmann has contracted Mostostal Zabrze-Holding subsidiary Gliwickie Przedsiębiorstwo Budownictwa Przemysłowego (GPBP) to build a distribution centre in Pyskowice.

Office & mixed-use development

Students to move into Polonez

schedule 12 December 2013
Aneta Cichla

POLAND Griffin Group is to adapt the former Hotel Polonez on al. Niepodległości in Poznań into student accommodation.

Investment & finance

Malta Office Park changes hands within Echo

schedule 12 December 2013
Aneta Cichla

POLAND Echo subsidiary Malta Office Park-Projekt Echo-96 has sold the ownership and the perpetual usufruct to the Malta Office Park complex in Poznań to another Echo subsidiary, Farrina Investments, for almost PLN 276.8 mln.

Architecture and urban planning

One project, three concepts

schedule 12 December 2013
Aneta Cichla

POLAND Three companies have revealed their plans for the modernisation of the Warszawa Gdańska railway station in Warsaw.

Green projects

Jasna 26 applies for BREEAM

schedule 12 December 2013
Aneta Cichla

POLAND Mermaid Properties has decided to apply for BREEAM certification for its Warsaw Jasna 26 project and hopes to achieve a grade of ‘Very Good’.

Retail & leisure

Sixth stage of Świerkowa Aleja launched

schedule 12 December 2013
Aneta Cichla

POLAND Wikana has begun work on the sixth stage of the Świerkowa Aleja residential estate on ul. Młyńska in Zamość.

200 Intermarchés now open

schedule 12 December 2013

POLAND The 200th Intermarché store in Poland has been opened in Luboń.

Retail & leisure

H&M in Nowy Świat for longer

schedule 12 December 2013
Aneta Cichla

POLAND The H&M clothing store chain has prolonged its 1,200 sqm lease in the Galeria Nowy Świat shopping centre in Rzeszów.

Third Meteor to hit Prague

schedule 12 December 2013
Nathan North
managing editor

CZECH REPUBLIC CPI Group is to develop the third building of its Meteor office complex in Prague's Karlín district.

Investment & finance

Dancing House sold

schedule 12 December 2013
Nathan North
managing editor

CZECH REPUBLIC The new owner of the iconic Tančící Dům building (the Dancing House or ‘Fred & Ginger’) in Prague is real estate management company Pražská Správa Nemovitostí, according to e15.cz.

Endava to anchor United Business Center Tower

schedule 12 December 2013

ROMANIA IT services provider Endava will occupy an area of app. 5,220 sqm of the United Business Center Tower in Cluj-Napoca, taking up six of the ten floors of the office building that is being developed in the neighbourhood of the Iulius Mall.

Thirty malls to open in Visegrád countries in 2014

schedule 12 December 2013
Rafał Ostrowski
journalist

CE REGION According to the European Shopping Centre Development report by Cushman & Wakefield, the new supply of shopping centre stock for the four Visegrád countries (Poland, the Czech Republic, Hungary and Slovakia) this year is expected to reach 730,000 sqm gla, with 500,000 sqm of this delivered in Poland.

Retail & leisure

Oleanafta to build 200,000 sqm mall

schedule 12 December 2013
Rafał Ostrowski
journalist

RUSSIA Oleanafta is planning to develop the 200,000 sqm Carnaval (Карнавал) shopping centre in Saratov in southwestern Russia. CBRE has been chosen as the marketing and leasing agent.

Dantex puts Warsaw plots up for sale

schedule 12 December 2013
Nathan North
managing editor

POLAND Jones Lang LaSalle has been chosen to represent Dantex in the sale of two Warsaw plots for office development.

Colliers optimistic about the Baltics

schedule 12 December 2013

BALTIC STATES Domestic demand in the Baltic states is gradually recovering and the growth in consumption continued in Q3, according to the latest Baltic States Real Estate Market Overview report compiled by Colliers International.

Investment & finance

Atal debuts on Catalyst and looks abroad

schedule 11 December 2013
Aneta Cichla

POLAND Atal has debuted on the Catalyst market on the BondSpot trading system.

Office & mixed-use development

Procter & Gamble leases 7,500 sqm in Konstruktorska BC

schedule 11 December 2013

POLAND Procter & Gamble is to open a 7,500 sqm planning service centre in Konstruktorska Business Centre in Warsaw’s Mokotów district.

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