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News

Office & mixed-use development

Eurobank stays in Wratislavia Center

schedule 30 August 2013
Aneta Cichla

POLAND Eurobank is to keep its head offices in the Wratislavia Center complex in Wrocław for a further seven years.

Construction

Allcon to build Wyspa Spichrzów hotel

schedule 30 August 2013
Ewa Andrzejewska

POLAND Allcon Budownictwo has been contracted by Genfer Hotel Gdańsk to build the shell of Hotel Puro on ul. Stągiewna in Gdańsk.

Warimpex at a loss

schedule 30 August 2013
Rafał Ostrowski
journalist

EUROPE Real estate developer and investor Warimpex Finanz- und Beteiligungs has recorded a EUR 5.7 mln loss in the first six months of this year.

Orco sees revenues rise

schedule 30 August 2013

EUROPE Orco has announced an increase in its revenue to EUR 71 mln for H1 2013 on EUR 62 mln (with EUR 20 mln generated by sale of a retail plot in Bubny Prague).

Hotels

Reconstructed Hotel Moskva nears completion

schedule 30 August 2013
Rafał Ostrowski
journalist

RUSSIA The third and the final phase in the reconstruction of the Hotel Moskva is to be finished in October.

Goodman sees profits rise

schedule 30 August 2013

WORLD Goodman Group has announced a profit of EUR 386 mln for the financial year ending of June 30th representing a 17 pct increase on the previous financial year.

Property and Facility Management

Apsys to take over four shopping centres

schedule 30 August 2013
Rafał Ostrowski
journalist

POLAND Apsys Polska is to take over the property management of four shopping centres with a combined area of 100,000 sqm from September 1st.

Gazit increases stake in Atrium

schedule 29 August 2013
Nathan North
deputy editor

CEE REGION Israeli retail investor Gazit-Globe has entered into an agreement to purchase of 5.5 pct of the ordinary shares of Atrium European Real Estate from Delaware-based CPI CEE Management for EUR 87.8 mln.

Orco completes capital increase

schedule 29 August 2013
Nathan North
deputy editor

CEE REGION Orco Property Group has completed a reserved capital increase by issuing 6,666,667 new shares.

Three companies compete for Warsaw road tenders

schedule 29 August 2013

POLAND The Municipal Road Investment Authority (ZMID) has opened offers received in two Warsaw road tenders: the redevelopment of ul. Prosta and the construction of the first section of Trasa Świętokrzyska.

Office & mixed-use development

GreenWings topped out

schedule 29 August 2013
Aneta Cichla

POLAND OKRE Development has topped out the GreenWings Offices building on in Warsaw.

Retail & leisure

Galeria Mistrza Jana now full

schedule 29 August 2013
Aneta Cichla

POLAND The Galeria Mistrza Jana shopping centre, which opened June 28th in Węgrów, is now fully leased.

Human resources

Wojciech Papierak leaves PHN

schedule 29 August 2013
Aneta Cichla

POLAND Polski Holding Nieruchomości has disclosed that Wojciecha Papierak has resigned as the company’s president of the board.

H&M debuts in Lithuania

schedule 29 August 2013
Rafał Ostrowski
journalist

LITHUANIAThe first H&M store in Lithuania has been opened in the Akropolis shopping centre in Vilnus.

Office & mixed-use development

Honeywell grows in Upground

schedule 29 August 2013

ROMANIA Honeywell has renewed and extended its lease in the Upground Offices in Bucharest.

Investment & finance

O1 Properties buys Nahimovskiy offices

schedule 29 August 2013
Rafał Ostrowski
journalist

RUSSIA O1 Properties has bought the Nahimovskiy 58 (Нахимовский, 58) office building inMoscow, reports ‘Vedomosti’.

Strong results for LSR

schedule 29 August 2013
Rafał Ostrowski
journalist

RUSSIA LSR Group has recorded a 21 pct increase in sales revenue to RUB 27.5 bln in H1 this year, compared to RUB 22.68 bln in the first half of 2012.

Raven soars to higher profits

schedule 29 August 2013
Rafał Ostrowski
journalist

RUSSIA Warehouse development and investment company Raven Russia recorded a USD 88.1 mln net operating profit for the first half of the year.

Eldorado swallows Technopolis

schedule 29 August 2013
Rafał Ostrowski
journalist

UKRAINE Ukrainian antimonopoly authorities have agreed to the merger of two large electronic retailers: Eldorado [Эльдорадо] and Technopolis [Технополис].

Revenue decreases for Erbud

schedule 29 August 2013

POLAND Grupa Erbud has recorded a revenue of PLN 319.5 for Q2 this year, representing a decrease of 13.4 pct.

Edition 9 (291) September 2024

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