News

Alta dissolves SPV

schedule 16 December 2013
Aneta Cichla

POLAND Alta is dissolving the Kino-Centrum Fordon company, which it established in 2010 to build a shopping centre in the Fordon district in Bydgoszcz.

Construction

Foundation stone for Sopot station

schedule 16 December 2013
Aneta Cichla

POLAND The groundbreaking plaque has been set in place for the new main railway station in Sopot, officially launching the construction of the project.

Retail & leisure

Little Mole park network planned

schedule 13 December 2013
Nathan North
managing editor (English section)

CZECH REPUBLIC/POLAND/SLOVAKIA Slovak company Tatry Mountain Resorts (TMR) is considering opening a number of children’s theme parks based on the Czech cartoon character Krtek (Little Mole) in Slovakia, Poland and the Czech Republic – according to aktuálne.cz.

Warehouse & industrial

ILD starts work on two industrial facilities

schedule 13 December 2013
Nathan North
managing editor (English section)

CZECH REPUBLIC Belgian based developer ILD has started work on a new industrial facility in Kutná Hora for Taiwanese manufacturing company.

Warehouse & industrial

Three leases in central Poland

schedule 13 December 2013
Nathan North
managing editor (English section)

POLAND Axi Immo has represented three clients in negotiating leases for more than 8,000 sqm in central Poland.

Retail & leisure

OBI to exit Ukraine

schedule 13 December 2013
Rafał Ostrowski
journalist

UKRAINE Europe’s second largest DIY retailer OBI has decided to pull out of the Ukrainian market, according to anonymous sources of ‘Kommersant Ukraina’.

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 (English section)

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 (English section)

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 (English section)

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.

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