News

Central European investment surges

schedule 02 October 2013
Rafał Ostrowski
journalist

CE REGION Investment activity in the core Central European markets of Poland, the Czech Republic, Slovakia, Hungary and Romania accelerated significantly in Q3 with around EUR 1.5 bln invested, compared with EUR 630 mln in the previous quarter, according to research by Cushman & Wakefield.

Investment volumes heading for a record year

schedule 02 October 2013
Rafał Ostrowski
journalist

RUSSIA If all the transactions in progress are closed this year, 2013 will be record for investment in Russian retail real estate, according to research by Cushman & Wakefield.

Retail & leisure

Kardan in talks to sell GTC stake

schedule 02 October 2013
Nathan North
managing editor

CEE REGION Kardan, which owns a 27.75 pct share holding in CEE developer Globe Trade Centre (through its wholly-owned subsidiary GTC Real Estate Holding), has announced that it is the process of selling its stake to a strategic investor.

Office & mixed-use development

Moscow office market under-saturated

schedule 02 October 2013
Rafał Ostrowski
journalist

RUSSIA Moscow has ten times less office space per capita than Zurich or Geneva and five times less than Paris or London, according to the latest research by Jones Lang LaSalle.

Two renew in Budapest for Prologis

schedule 02 October 2013
Nathan North
managing editor

HUNGARY Two contracts have been signed for space in Prologis warehousing complexes in Budapest.

Retail & leisure

USD 100 mln shopping centre opens in Sochi

schedule 02 October 2013
Rafał Ostrowski
journalist

RUSSIA The Mandarin shopping centre, Russia’s first open-sky mall, has been opened in Sochi on the Black Sea coast.

Construction

Skanska to build Jewish museum

schedule 02 October 2013

POLAND Skanska is to build the Ulma Family Museum of Poles Saving Jews [Muzeum Polaków Ratujących Żydów im. Rodziny Ulmów] in Markowa, near Łańcut in the Subcarpathian province.

Residential

JHM Development obtains loan for Konin estate

schedule 01 October 2013

POLAND JHM Development has been granted a PLN 12.79 mln loan from Alior Bank to construct the first stage of the Osiedle Diamentowe estate in Konin.

Meridian publishes Warsaw IPO prospectus

schedule 01 October 2013
Nathan North
managing editor

POLAND/CEE REGION Meridian Properties has published the prospectus for its Warsaw Stock Exchange IPO.

Construction

Garden Plaza reaches shell stage

schedule 01 October 2013

POLAND The shell of the Garden Plaza office building, which is being developed on ul. Elbląska in Warsaw’s Żoliborz district, has been completed.

AB City Service buys Spanish company

schedule 01 October 2013

EUROPE Property manager AB City Service, which operates in the Baltic states and Central and Eastern Europe, has purchased the entire share capital of Aldesa Servicios y Mantenimiento, a company that operates on the Spanish market under the brand name Concentra.

R&C Union bankrupt

schedule 01 October 2013
Aneta Cichla

POLAND R&C Union, the owner of the Sioux and Fenix restaurant chains, has filed for bankruptcy open to arrangements with the Poznań courts.

Construction

Auchan Piaseczno to be extended

schedule 01 October 2013
Aneta Cichla

POLAND Immochan has announced that the Auchan Piaseczno shopping centre is to be extended to 83,000 sqm.

Investment & finance

Sybil Development assets for sale

schedule 01 October 2013
Aneta Cichla

POLAND The assets of Sybil Development, the owner of 200,900 sqm of land in Wolica in the Nadarzyn administrative district near Warsaw, have been put up for sale.

Construction

Skanska to build research and innovation centre

schedule 01 October 2013
Aneta Cichla

POLAND Skanska is to build the Pro-Akademia centre for research and innovation in Konstantynów Łódzki in a contract worth PLN 2.6 mln.

Office & mixed-use development

Capgemini leases 2,400 sqm in Palas Iaşi

schedule 01 October 2013
Nathan North
managing editor

ROMANIA Outsourcing services provider Capgemini has leased 2,400 sqm in the United Business Center ‘3’ building in the Palas Iaşi mixed-use project.

Investment & finance

Domodedovo Airport can be sold for USD 4.7 bln

schedule 01 October 2013
Rafał Ostrowski
journalist

RUSSIA Moscow Domodedovo Airport is close to being sold, according to anonymous sources cited by rbcdaily.ru. The owner of the property, Russian businessman Dmitrii Kamenshchik, is currently in negotiations with the potential buyers.

Warehouse & industrial

Four leases for Segro

schedule 01 October 2013

POLAND/CZECH REPUBLIC Segro has signed three new lease contracts with tenants in Segro Business Park Warsaw.

Retail & leisure

Two furniture stores open in Europa Centralna

schedule 01 October 2013
Nathan North
managing editor

POLAND Meble Dobrodzień Kalwaria has leased almost 900m in the Europa Centralna shopping complex in Gliwice.

Office & mixed-use development

Bouygues to build another office centre in Warsaw

schedule 01 October 2013
Rafał Ostrowski
journalist

POLAND Bouygues Immobilier is preparing another office complex in Warsaw’s Ochota district. It will built close to Miasteczko Orange, recently developed by the company for the TP Group.

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