News

Construction

Skanska takes on Szczecinek project

schedule 11 December 2013
Aneta Cichla

POLAND Skanska has won the tender to build the Regional Centre for Ecological Education in Szczecinek, which is to be located next to the wharf on Trzesiecko Lake and the Pomeranian Dukes' Castle.

Retail & leisure

Douglas plans expansion for 2014

schedule 11 December 2013
Aneta Cichla

POLAND The Douglas chain of perfumeries plans to open five to eight new stores in 2014.

Marvipol selling more apartments

schedule 11 December 2013
Aneta Cichla

POLAND For the first eleven months of 2013, Marvipol sold 522 apartments and retail/service units. This is more than for the whole of 2011.

Retail & leisure

Galeria Solna awaits tenants

schedule 11 December 2013
Aneta Cichla

POLAND The development of the Galeria Solna shopping centre is nearing completion in Bochnia, with its opening planned for the spring of 2014.

Office & mixed-use development

JDA sub-leases in Marynarska Point 2

schedule 11 December 2013
Nathan North
managing editor

POLAND Management software and services provider JDA Software Group has sub-leased 700 sqm of office space in Marynarska Point 2 in Warsaw from DNB Bank Polska.

Office & mixed-use development

Norilsk Nickel leases six floors in Europe’s tallest building

schedule 11 December 2013
Rafał Ostrowski
journalist

RUSSIA Nickel and palladium producer Norilsk Nickel [ГМК Норильский никель] has leased 14,000 sqm of office space in Moscow’s Mercury City Tower mixed-use centre, the tallest building in Europe.

Investment & finance

О1 Properties to buy Legenda

schedule 11 December 2013
Rafał Ostrowski
journalist

RUSSIA О1 Properties is planning to buy from Capital Group the Legenda [Легенда] business centre on Trubnaya ulitsa in the centre of Moscow.

Hotels

Warimpex sells Le Palais Prague

schedule 11 December 2013
Nathan North
managing editor

CZECH REPUBLIC Warimpex Finanz- und Beteiligungs has announced that it has sold the five- star Le Palais hotel in central Prague to a private European investor.

Office & mixed-use development

Two tenants grow with Genesis

schedule 11 December 2013

ROMANIA Genesis Development has announced that two tenants have increased the size of their leases in its West Gate and Novo Park office parks in Bucharest, according to local media.

Fifth year of growth in home sales in Prague

schedule 11 December 2013
Nathan North
managing editor

CZECH REPUBLIC A total of 4,531 homes were sold on the Prague market in the first eleven months of the year, according to Czech residential developer Ekospol.

Moravian relocations for Amazon after referendum rejection?

schedule 11 December 2013
Nathan North
managing editor

CZECH REPUBLIC The governor of Moravskoslezský region in northern Moravia is to offer Amazon a location for a distribution centre after the residents of Dobrovíz on the outskirts of Prague voted in a referendum to reject such a development in a referendum.

Low vacancy in Warsaw malls

schedule 11 December 2013
Rafał Ostrowski
journalist

POLAND In Q3 vacancy levels in Warsaw shopping centres remained low at 2.6 pct – the same rate as in the previous quarter, according to the latest EMEA Retail MarketView report by CBRE.

Residential

Epoque Pankrác finally goes ahead

schedule 10 December 2013
Nathan North
managing editor

CZECH REPUBLIC A final building permit has been issued for the Epoque Pankrác residential tower in Prague 4.

PIK pays off loan

schedule 10 December 2013
Nathan North
managing editor

RUSSIA Residential developer PIK Group has paid off a RUB 2.9 bln loan (app. EUR 645 mln) from VTB Bank.

Lokaty Budowlane buys ul. Chłodna plot

schedule 10 December 2013

POLAND Lokaty Budowlane has signed a preliminary agreement to purchase a 956 sqm plot on ul. Chłodna in Warsaw, where a residential and service building with a ratio of total area to plot size of 3:1 and a height of 32m could be built.

P.R.I. Pol-Aqua exits WSE

schedule 10 December 2013
Aneta Cichla

POLAND Shares in Przedsiębiorstwo Robót Inżynieryjnych Pol-Aqua are no longer to be traded on the main market of the Warsaw Stock Exchange.

Investment & finance

LC Corp takes over Sky Tower

schedule 10 December 2013
Aneta Cichla

POLAND Developer LC Corp is to acquire the SPV company that owns the Sky Tower building in Wrocław from its parent company LC Corp BV for PLN 259 mln.

Unibep signs contract with SM Wola

schedule 10 December 2013
Aneta Cichla

POLAND Unibep has been appointed as the general contractor of the Wola Apartments residential building on ul. Powstańców in Pruszków.

Inpro sells 448 apartments

schedule 10 December 2013

POLAND In the first eleven months of 2013 the Inpro group signed 448 sales contracts and handed over 419 apartments to buyers – an increase of over 50 pct on the previous year.

Skanska builds Krośnice swimming baths

schedule 10 December 2013

POLAND The foundation stone has been laid by general contractor Skanska for an indoor swimming pool in Krośnice (within the Milicz administrative district).

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