News

Segro restructures debt

schedule 15 April 2014

EUROPE UK-based warehouse developer Segro has agreed new and amended bank facilities totalling EUR 460 mln.

Holiday Inn comes to Stavropol

schedule 15 April 2014
Rafał Ostrowski
journalist

RUSSIA A 242-room Holiday Inn hotel is to open in Stavropol in southwestern Russia, with the opening scheduled for 2017.

Etalon increases sales and announces first dividend

schedule 15 April 2014
Rafał Ostrowski
journalist

RUSSIA According to an announcement yesterday Russian residential developer Etalon Group’s board of directors recommended the payment of its first dividend, of USD 0.075 per share for the year ended December 31st, 2013.

Residential

Okam projects move forward

schedule 15 April 2014

POLAND Okam has announced that it is waiting for the occupancy permit for the first stage (100 apartments) of its Dom w Dolinie Trzech Stawów project in Katowice.

Investment & finance

Penta enters Polish property scene with Warsaw plot purchase

schedule 15 April 2014
Nathan North
managing editor (English section)

POLAND Slovakian fund Penta Investments has made ​​its first transaction on the Polish market, buying land in Warsaw’s Mokotów district for the construction of an office building.

Office & mixed-use development

HB Reavis to begin second stage of GBC

schedule 15 April 2014
Ewa Andrzejewska

POLAND Construction work on the second stage of the Gdański Business Center office complex in Warsaw is to start this summer.

Poznań sells land in retail district

schedule 15 April 2014
Tomasz Szpyt-Grzegórski

POLAND The Wielkopolski Rynek Hurtowy company, which is majority owned by the city of Poznań, is to auction a plot of almost 14 ha for a starting price of PLN 42.2 mln.

Jasło furniture plant to re-open after extension

schedule 15 April 2014
Tomasz Szpyt-Grzegórski

POLAND The Nowy Styl furniture group is planning to complete the extension of its furniture factory in Jasło, Subcarpathia, this August.

Retail & leisure

More fashion in Bonarka

schedule 15 April 2014

POLAND A My Way Concept Store is to open in the Bonarka City Center shopping centre in Kraków.

Construction

Eurovia Polska and Warbud to build S19 section

schedule 14 April 2014

POLAND The General Directorate of National Roads and Motorways in Rzeszów has appointed a consortium of Eurovia Polska and Warbud to build a section of the S19 expressway from the Śliwcza interchange (DK4) to the Rzeszów Południe (Kielanówka) interchange.

Gliwice station to be redeveloped

schedule 14 April 2014
Tomasz Szpyt-Grzegórski

POLAND The Polish State Railways (PKP) is preparing to redevelop the main railway station in Gliwice.

Investment & finance

J.W. Construction in need of cash injection

schedule 14 April 2014
Tomasz Szpyt-Grzegórski

POLAND The shareholders of J.W. Construction Holding have approved a proposed rights issue.

Hotels

B&B Hotels opens 300th hotel

schedule 14 April 2014

WORLD The B&B Hotels Group recorded a 9 pct y-o-y (EUR 287 mln) increase in turnover for 2013.

Residential

TDJ Estate begins latest Katowice project

schedule 14 April 2014
Tomasz Szpyt-Grzegórski

POLAND Construction work on a new residential estate is to start in mid-April in Katowice.

Warehouse & industrial

Rockwool to invest in Czech factory

schedule 14 April 2014
Tomasz Szpyt-Grzegórski

CZECH REPUBLIC/POLAND The Rockwool Polska group is to invest PLN 160 mln in its factory in Bohumín in the Czech Republic.

Green projects

‘Very Good’ design for Royal Wilanów

schedule 14 April 2014

POLAND The Royal Wilanów office building, which is under construction in Warsaw, has been awarded a BREEAM for the design stage at the ‘Very Good’ level.

Retail & leisure

Media Markt comes to Ogrody

schedule 14 April 2014

POLAND The Media Markt chain is to open a 3,300 sqm store on the first floor of the Ogrody shopping centre in Elbląg.

Amica to extend Wronki factory

schedule 14 April 2014
Tomasz Szpyt-Grzegórski

POLAND The Kostrzyn-Słubice Special Economic Zone has issued a permit for the extension of the Amica factory in Wronki.

Investment & finance

Blackstone poised to buy Panattoni Park Prague Airport?

schedule 14 April 2014
Nathan North
managing editor (English section)

CZECH REPUBLIC US investor Blackstone is close to buying the Panattoni Park Prague Airport warehousing complex in Dobrovíz on the outskirts of the capital, according to the E15.cz website, which cites “several reliable sources”.

Investment & finance

Palmer Capital seals sale & leaseback with Bang & Olufsen

schedule 14 April 2014
Nathan North
managing editor (English section)

CZECH REPUBLIC Bang & Olufsen has completed the sale & leaseback of their industrial premises in Kopřivnice Industrial Park in Moravia-Silesia to UK investor Palmer Capital for EUR 11.5 mln.

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