News

POLAND J.W. Construction is planning to open a four-star hotel in the former Dana clothing factory in Szczecin.

Atal improves sales

POLAND Last year Atal sold 1,301 apartments, up by 66 pct on 2012 when 784 apartments were sold (with 517 in 2011 and 414 in 2010).

Szczecin looks for stadium manager

POLAND The city of Szczecin is looking for a manager for a sports and entertainment centre under construction on ul. Szafera in the city.

Skanska to redevelop Zielonka road

POLAND Skanska has been commissioned by the Masovian Provincial Road Authority to redevelop a 2.1 km section of the provincial road no. 631 from Warsaw’s city limits to the so-called Węzeł Zielonka junction on the S 17 expressway, which is currently being planned.

Warehouse & industrial

More Action in Tulipan Park Warszawa

POLAND Polish electronics distributor Action has prolonged its lease agreement of app. 8,000 sqm and expanded its area by a further 3,900 sqm in Tulipan Park Warszawa.

Sky Mall returns to expansion plans

Property and Facility Management

UKRAINE The construction of the third phase of the Sky Mall shopping centre in Kyiv is to begin this year with the completion scheduled for 2016 and the investment costs amounting to USD 80 mln.

C&W to manage Váci Corner Offices

HUNGARY Cushman & Wakefield has been appointed the property manager for the Váci Corner Offices building in Budapest by HB Reavis.

Zebra becomes Yessa

Property and Facility Management

UKRAINE Ukrainian developer and investor Budhouse Group has decided to change the name of the Zebra shopping centre in Odessa to Yessa.

Savills manages Bolesławiec City Center

Property and Facility Management

POLAND Antan Development has appointed Savills to manage Bolesławiec City Center in Bolesławiec. Savills is also to be responsible for commercialising the shopping centre, as well as the Galeria Calisia mall in Kalisz.

CBRE to manage Ambassador

POLAND CBRE has been appointed property manager of the Ambassador office building in Warsaw. Ambassador is a part of the Ocean Business Park located in Warsaw’s Mokotów district and offers 14,900 sqm of modern office space, 1,000 sqm of retail space and 298 parking spaces.

Highest Czech industrial supply since 2009

Nathan North
managing editor (English section)

CZECH REPUBLIC In 2013 the supply of new industrial space in the Czech Republic grew by 23 pct y-o-y – the highest annual new supply since 2009, according to the Industrial Research Forum.

MarcPol invests in new shopping mall and leases old one

Aneta Cichla

POLAND The MarcPol supermarket chain is to develop a Hit shopping centre in Nowy Dwór Mazowiecki.

Netto opens grocery store

Aneta Cichla

POLAND A Netto grocery store has been opened in Łódź's Nowosolna district, which will eventually become the anchor for the Shopin retail park, which is being developed around the store by Budner Investment.

Park Russia to cost USD 8 bln

RUSSIA The investment costs for the Park Russia theme park development, which is to be built in the Moscow region’s Domodedovsky district, are to come to USD 8 bln, according to estimates from Cushman & Wakefield.

Media Expert comes to Rzeszów

POLAND Media Expert has signed a lease for 875 sqm of space on the ground floor of the ‘Nowy Świat’ retail centre in Rzeszów and is to open a store in February.

EUR 3.4 bln in transaction volumes for 2013

POLAND The transaction volume for the Polish commercial real estate market in 2013 reached over EUR 3.4 bln, according to preliminary data from Jones Lang LaSalle, the highest recorded level since 2006 (EUR 5 bln).

Investment & finance

AFI Development completes USD 91.5 mln deal

Office & mixed-use development

RUSSIA AFI Development has completed the sale of the first building of Aquamarine III Business Centre located on Ozerkovskaya embankment in Moscow.

Two Carpathia leases

POLAND Two new lease contracts have been signed for the Carpathia Office House on the junction of ul. Topiel and ul. Zajęcza in Warsaw’s Powiśle district.

GTC share issue 250 pct oversubscribed

CEE REGION Globe Trade Centre has completed the accelerated book building process for it upcoming share issue with the issue being 250 pct oversubscribed.

Warehouse & industrial

Sportisimo takes 25,000 sqm in Business Park Rudná