News

POLAND Budimex is to lead a consortium with Kraków-based KZN Rail to build a tram depot on ul. Kołobrzeska in Olsztyn in a contract worth PLN 72.2 mln signed with the city authorities.

Retail & leisure

Vision ends for Panorama City

ESTONIA E.L.L. Kinnisvara has announced that it is halting development work on the 57,000 sqm Panorama City shopping centre in Tallinn having failed to secure a 70 pct leasing level.

Four tenants for Malta House

POLAND Skanska Property Poland has signed four new lease contracts for its Malta House office building in Poznań.

O1 Properties to maintain Bolshevik split

RUSSIA O1 Properties is not going to sell its 50 pct plus one share ownership in the Bolshevik mixed-use centre in Moscow to Tactics Group.

Skanska Czech suffers CZK 888 mln loss and blames “distorted accounting”

CZECH REPUBLIC Skanska Group in the Czech Republic has announced that last year it suffered a CZK 888 mln (app. EUR 32.26 mln) loss after a profit after tax of CZK 357 mln in 2012.

KRD in Antares

POLAND The KRD Economic Information Bureau (Krajowy Rejestr Długów Biuro Informacji Gospodarczej) has leased 500 sqm in the Antares office building in Warsaw’s Mokotów district.

Novo Nordisk stays another five years in Aeropark

POLAND Novo Nordisk Pharma has extended its lease in the Zephirus office building in the Aeropark office complex close to Warsaw’s Chopin Airport.

Griffin takes Nordic Park and Bliski Office Center

POLAND Griffin Group has purchased two office buildings in Warsaw: Nordic Park and Bliski Office Center.

Two factories for Lafarge

Ewa Andrzejewska

POLAND Lafarge has acquired four concrete manufacturing plants from Górażdże Kruszywa i Beton.

Geomar chooses Piastów Office Center

POLAND Signity group subsidiary Geomar is to move its Szczecin office into the Piastów Office Center building in Piastów outside Warsaw.

Skanska to renovate 17 km of roads

POLAND Skanska has been commissioned by the district road authority in Świecie to repair nearly 17 km of roads in a contract worth PLN 11 mln net.

P.A. Nova closer to constructing Galena

POLAND Bank Ochrony Środowiska has agreed to finance the Galeria Galena shopping centre in Jaworzno, which is being developed by P.A. Nova.

No buyer for ul. Burakowska plot

POLAND An auction on February 5th for a site at the junction of ul. Burakowska and al. Jana Pawła II in Warsaw’s Wola district was cancelled due to lack of interest.

Retail & leisure

1,200 sqm leased in Galeria Sudecka

POLAND Martes Sport and CCC will both occupy stores in the Galeria Sudecka shopping centre which is being redeveloped and extended in Jelenia Góra.

Green projects

Factory Ursus given first In-Use for an outlet centre

POLAND Factory Ursus in Warsaw has become the first outlet shopping centre in Poland to be awarded a BREEAM In-Use certificate.

Demand still strong on warehouse market

RUSSIA In 2013 the demand on the Moscow industrial and logistics market exceeded supply by 21 pct, according to CBRE.

Controversial palace restoration approved

ROMANIA The Ministry of Culture has given its approval for a project that involves the restoration of Știrbei Palace in Bucharest as well as the construction of a 34m residential building and a five-storey shopping centre.

Shell turns green

UKRAINE Shell’s 2,900 sqm headquaters in Kyiv have been awarded a LEED ‘Gold’ certificate.

Bravura performance for Atrium 1

POLAND Australian life insurance and wealth management software company Bravura Solutions has leased app.1,000 sqm in the Atrium 1 office building in Warsaw.

BBI bond issue worth PLN 53 mln