News

Murapol to build in Kraków

schedule 28 March 2014

POLAND Murapol is to purchase the right of perpetual usufruct to a 8,120 sqm plot on ul. Poznańska in Kraków for PLN 15.67 mln.

Investment & finance

Capital Park whets its appetite for some shopping

schedule 28 March 2014
Tomasz Szpyt-Grzegórski

POLAND Capital Park group has recorded a 6 pct y-o-y decrease in revenue to PLN 38.8 mln for 2013.

Retail & leisure

Decathlon Easy chooses new location

schedule 28 March 2014
Aneta Cichla

POLAND The Decathlon Easy sports shop (formerly known as Decathlon XS) has leased a 1,100 sqm store in the Retail Park Bielsko project in Bielsko-Biała , which is being developed by Biuro Inwestycji Kapitałowych.

Erbud builds for Dom Development again

schedule 28 March 2014

POLAND Dom Development has appointed Erbud to construct the Willa Lindego estate, which is to be built on ul. Wrzeciono, in a contract worth over PLN 31 mln.

Four companies place offers for road no. 16

schedule 28 March 2014
Aneta Cichla

POLAND Four contractors have submitted offers in the tender procedure to complete national road no. 16 from Biskupiec to Borki Wielkie.

Warehouse & industrial

Europa Capital launches Westgate Park Rudná

schedule 28 March 2014
Rafał Ostrowski
journalist

CZECH REPUBLIC Real estate fund manager Europa Capital is planning to open the Westgate Park Rudná logistics park to the west of Prague.

Investment & finance

Futureal Group buys all of Nova Park

schedule 28 March 2014
Rafał Ostrowski
journalist

POLAND Futureal Group has signed a definitive agreement to acquire the 50 pct stake it does not own in the Nova Park shopping centre in Gorzów Wielkopolski from Caelum Development, thus increasing its own stake to 100 pct.

Investment & finance

Złota 44 “major financial failure” – Orco

schedule 27 March 2014
Nathan North
managing editor (English section)

CEE REGION Orco Property Group has officially announced that late last year it suspended completion work on the Złota 44 residential tower in Warsaw with the intention of selling it in its current state.

Warehouse & industrial

PNK to build warehouse for Hilti

schedule 27 March 2014
Rafał Ostrowski
journalist

RUSSIA Liechtenstein-based developer of construction products Hilti has leased a 13,200 sqm of warehouse space in the PNK-Severnoye Sheremetyevo complex in the Moscow Region.

Echo malls worth more

schedule 26 March 2014
Aneta Cichla

POLAND Kielce-based developer Echo Investment’s portfolio of shopping centres has been valued by Knight Frank as being worth more than PLN 3.4 bln.

Investment & finance

Marvipol sees profits rise

schedule 26 March 2014
Aneta Cichla

POLAND In 2013 Marvipol sold 545 apartments and retail/service units, representing an increase of 80 pct on the figures for 2012.

Investment & finance

Vantage looks to expand beyond Wrocław

schedule 26 March 2014
Aneta Cichla

POLAND “Vantage Development is actively looking for possibilities to develop projects outside Wrocław, which has been the core market for the company up until now,” Edward Laufer, the president of the company’s management board, has announced in a letter addressed to shareholders.

Construction

Erbud to build Retail Park Bielsko

schedule 26 March 2014
Aneta Cichla

POLAND Biuro Inwestycji Kapitałowych has appointed Erbud as the general contractor of the Retail Park Bielsko in Bielsko-Biała in a contract worth PLN 19.6 mln net.

Residential

Ventana estate to be extended

schedule 26 March 2014
Aneta Cichla

POLAND UK-based developer Westmark is considering the development of a third stage of its Ventana estate in Walendów near Warsaw.

Architecture and urban planning

Warsaw plans zone for latest skyscraper projects

schedule 26 March 2014
Tomasz Szpyt-Grzegórski

POLAND The city of Warsaw has revealed the spatial development plan for an area along ul. Twarda, where four skyscrapers could be built.

Interior design

New interior for Focus Mall Bydgoszcz

schedule 26 March 2014
Aneta Cichla

POLAND The food court and toilets in Focus Mall Bydgoszcz have been renovated.

Retail & leisure

Forum Lviv to open in Q1 2015

schedule 26 March 2014
Rafał Ostrowski
journalist

UKRAINE Multi Development Ukraine is planning to open the Forum Lviv shopping centre in the first quarter next year.

Budhouse asks tenants not to panic

schedule 26 March 2014
Rafał Ostrowski
journalist

UKRAINE Kyiv-based developer Budhouse Group has issued a statement in which it encourages tenants to jointly look for best solutions regarding the complex market situation in the country.

Work soon to begin on Aviv Park Zvezdara

schedule 26 March 2014

SERBIA Israeli developer Aviv Arlon is to begin work on its Aviv Park Zvezdara retail park project in Belgrade over the next couple of months, reports local media.

Industrial park expands

schedule 26 March 2014

HUNGARY Two production halls are to be built at the Völgységi industrial park in Bonyhád in an investment of HUF 947 mln (app. EUR 3 mln).

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