News

Kirchhoff Polska to extend Mielec factory

schedule 31 March 2014

POLAND The Industrial Development Agency has granted a permit to Kirchhoff Polska to begin operations in the Euro Park Mielec Special Economic Zone.

Better profits for H&M

schedule 31 March 2014
Aneta Cichla

WORLD After the first quarter of the 2013/2014 financial year, (which began on December 1st, 2013) Swedish clothing company H&M recorded a 12 pct increase in sales in local currencies (including VAT)compared to the same period of the previous financial year.

Ergo Arena in Sopot to be renovated

schedule 31 March 2014
Tomasz Szpyt-Grzegórski

POLAND Hala Gdańsk-Sopot has signed a preferential loan to finance 75 pct of the redevelopment costs of the Ergo Arena in Sopot in an investment estimated at around PLN 5 mln.

Architecture and urban planning

New fountain to be built in Gdańsk

schedule 31 March 2014

POLAND A fountain is being constructed in pl. Heweliusza in Gdańsk between ul. Rajska and ul. Korzenna.

Investment & finance

Ghelamco raises funding for new projects

schedule 31 March 2014
Tomasz Szpyt-Grzegórski

POLAND Ghelamco Invest, part of the Ghelamco group, is preparing a public bond issue worth around PLN 135 mln.

Office & mixed-use development

Tenants move into Atrium

schedule 31 March 2014
Rafał Ostrowski
journalist

POLAND Three companies have recently moved into Atrium International Business Center in Warsaw occupying a total of 1,100 sqm.

Office & mixed-use development

Szklany Dom to be built in Wrocław

schedule 31 March 2014
Rafał Ostrowski
journalist

POLAND Zbigniew Grycan, the founder of the Grycan brand of ice cream, is investing in the Szklany Dom office and retail centre in Wrocław.

Warehouse & industrial

Ideal Automotive in Panattoni Park Stříbro

schedule 31 March 2014
Rafał Ostrowski
journalist

CZECH REPUBLIC Panattoni Europe has started construction work on a new production facility for Ideal Automotive in Panattoni Park Stříbro in western Bohemia.

Investment & finance

Qubix 4 Praha sold

schedule 31 March 2014
Nathan North
managing editor (English section)

CZECH REPUBLIC The ČS nemovitostní fund has bought the Qubix 4 Praha office building in Vyšehrad (Prague 4) for around CZK 950 mln (app. EUR 34.6 mln).

Office & mixed-use development

Renomia moves to Florentinum

schedule 31 March 2014
Nathan North
managing editor (English section)

CZECH REPUBLIC Insurance company Renomia has leased 3,000 sqm in the Florentinum building in central Prague.

Investment & finance

Polimex-Mostostal closes sale of head office

schedule 31 March 2014
Nathan North
managing editor (English section)

POLAND Polimex-Mostostal has finalised a deal with Molina, a fund of PKO BP TFI, to sell its head office building in central Warsaw.

Blackstone closes largest ever European Real Estate fund

schedule 31 March 2014
Rafał Ostrowski
journalist

EUROPE Blackstone has closed its fourth European Real Estate Fund at its EUR 5.1 bln cap, the largest ever dedicated European Real Estate fund managed by the company.

Knight Frank to manage Lux Med Medical Centre

schedule 31 March 2014
Rafał Ostrowski
journalist

POLAND Knight Frank has taken over the management of the office building at Al. Zwycięstwa 49 in Gdańsk, which is now fully leased by Medical Centre Lux Med.

Property and Facility Management

JLL to manage Reutov Park

schedule 31 March 2014
Rafał Ostrowski
journalist

RUSSIA JLL has been appointed as the property and facility manager of the Reutov Park shopping centre in Reutov outside Moscow.

Property and Facility Management

DTZ takes on Nowy Dom Jabłkowskich

schedule 31 March 2014

POLAND DTZ has been appointed the property manager of the Nowy Dom Jabłkowskich office building in Warsaw.

Wrocław warehouse market to exceed 1 mln sqm

schedule 31 March 2014
Rafał Ostrowski
journalist

POLAND In 2014 the total warehouse space volume in the Wrocław region will break the 1 mln sqm barrier according to research by JLL.

Warehouse & industrial

Letňany Business Park under construction

schedule 31 March 2014
Rafał Ostrowski
journalist

CZECH REPUBLIC Uniuris has started the construction of Letňany Business Park in Prague 9, near the Letňany exhibition grounds.

Hotels

Paramount hotels “to enter Russia”

schedule 31 March 2014
Rafał Ostrowski
journalist

RUSSIA Dubai-based hotel chain Paramount Hotels & Resorts is to enter the Russian market, according to izvestia.ru.

Retail & leisure

Vesna in Moscow almost fully commercialised

schedule 31 March 2014
Rafał Ostrowski
journalist

RUSSIA The commercialisation of the Vesna shopping centre project in the Moscow’s Altufyevsky district has exceeded 94 pct.

Investment & finance

Porr triples its dividends

schedule 28 March 2014

EUROPE Porr increased its production output by 19 pct, to over EUR 3.43 mln in 2013 while the value of its order portfolio increased by 36 pct to over EUR 4.59 mln.

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