News

Human resources

Listen carefully! The pets of the real estate industry wish everyone a very merry Christmas

schedule 18 December 2013
Eurobuild CEE

For eleven months of the year the pages of 'Eurobuild CEE' are devoted to the experts of the real estate sector. This December is an exception. For this holiday season, their pets have spoken wishing everyone a very merry Christmas in the name of their owners.

Investment & finance

H&M shows strong growth

schedule 18 December 2013
Aneta Cichla

WORLD The H&M clothing chain registered a 13 pct growth in sales in Q4 of the 2013 financial year (September to November) compared to the same period of the previous year.

Hotels

Mercure opens 19th Polish hotel

schedule 18 December 2013
Aneta Cichla

POLAND The three-star Mercure Wisła Patria in Wisła has joined the Mercure hotel chain – the nineteenth Mercure hotel to open in Poland.

Trasa Uniwersytecka joins up Bydgoszcz

schedule 18 December 2013
Aneta Cichla

POLAND Trasa Uniwersytecka, a 1.6 km road connecting the northern part of Bydgoszcz with the city centre, has been opened.

Retail & leisure

Hour Passion to debut in Poland

schedule 18 December 2013
Aneta Cichla

POLAND Swatch Group is to open its first store in Poland under the Hour Passion brand.

Investment & finance

BBI prepares for sale of Plac Unii

schedule 18 December 2013
Aneta Cichla

POLAND BBI Development has received 9,999,900 shares in Immobilia Fund Sif Sicav in exchange for the same number of shares in Realty 3 Management Projekt Developerski 5 (PD5), the company responsible for the design of the Plac Unii office and shopping centre in Warsaw.

Biedronka to build distribution centre

schedule 18 December 2013
Aneta Cichla

POLAND Jerónimo Martins Polska has won the auction for a 15 ha plot on ul. Szczecińska in Gorzów Wielkopolski.

Hotels

Sheraton Kraków and Hilton Sofia in new hands

schedule 17 December 2013
Nathan North
managing editor (English section)

CEE REGION Insolvent Irish investor Quinn Insurance and its administrators Grant Thornton Dublin have sold the Sheraton Kraków and Hilton Sofia hotels for a combined EUR 62 mln.

Architecture and urban planning

WXCA wins Baltic Sea Art Park competition

schedule 17 December 2013

ESTONIA Polish architectural studio WXCA has won the Baltic Sea Art Park international architectural competition and has been awarded a prize of EUR 5,000 for its KGAMMP design.

Office & mixed-use development

Webhelp expands in Bucharest

schedule 17 December 2013

ROMANIA French BPO services provider Webhelp has leased 1,400 sqm in the Premium Plaza office building in Piaţa Victoriei square in Bucharest.

Warehouse & industrial

CAT makes itself bigger in Segro Ożarów

schedule 17 December 2013
Nathan North
managing editor (English section)

POLAND An additional warehouse is to be built in Segro Business Park Warsaw, Ożarów for existing tenant CAT Logistics Cargo.

Fairytale of New Moscow

schedule 17 December 2013
Rafał Ostrowski
journalist

RUSSIA An undisclosed Russian company is planning to invest up to RUB 3 bln (EUR 66 mln) in the development of a fairytale theme park in the New Moscow area, a high ranking city official has revealed to ‘RIA Novosti’.

CTP secures EUR 69 mln in refinancing

schedule 17 December 2013
Nathan North
managing editor (English section)

CZECH REPUBLIC CTP and UniCredit Bank have recently concluded loan agreements totalling EUR 69 mln.

Retail & leisure

Galaktika expands further

schedule 17 December 2013
Rafał Ostrowski
journalist

RUSSIA Moscow-based M1 Solutions is planning to open the second phase of the Galaktika shopping centre in Smolensk in early 2015.

Office & mixed-use development

Globalworth buys BOB and BOC

schedule 17 December 2013

ROMANIA Globalworth Real Estate Investments has purchased the BOB and BOC office buildings in the Upground complex in Bucharest for EUR 152 mln.

Retail & leisure

Riga Mall to open in Moscow in 2015

schedule 17 December 2013
Rafał Ostrowski
journalist

RUSSIA Riga Mall, a 146,000 sqm shopping centre on the Novorizhskoye highway in the north-west Moscow, is to be opened in H2 2015.

Hotels

Orco returns to court

schedule 17 December 2013

CROATIA Orco has resumed legal proceedings against the state of Croatia over Sunčani Hvar, a company listed on the Zagreb stock exchange, which was set up by the two parties in order to develop the tourist potential of the island of Hvar.

Investment & finance

Tančící Dům sold for EUR 13.3 mln

schedule 17 December 2013
Nathan North
managing editor (English section)

CZECH REPUBLIC The Tančící Dům building in Prague, which was sold last week as previously reported, changed hands for CZK 360 mln (EUR 13.3 mln).

Retail & leisure

Carry in two locations

schedule 16 December 2013
Aneta Cichla

POLAND Clothing retailer Carry has leased stores in the Karolinka shopping centre in Opole and the Pogoria shopping centre in Dąbrowa Górnicza.

Warsaw sets budget for disabled access

schedule 16 December 2013

POLAND The city of Warsaw has amended the 2014 budget and earmarked PLN 1 mln to improve access for the disabled within the city.

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