News

Office & mixed-use development

PHN confirms Hochtief JV

schedule 01 October 2013
Aneta Cichla

POLAND On October 3rd Polski Holding Nieruchomości (PHN) is to sign an agreement with Hochtief for the development of an office tower at ul. Swiętokrzyska 36 in Warsaw, according to the former company’s latest stock exchange announcement.

Green certified space to triple in Russia

schedule 01 October 2013
Rafał Ostrowski
journalist

RUSSIA By the end of 2015, Russian green certified office and industrial stock is expected to almost triple – growing from the current 450,000 sqm to 1.2 mln sqm, according to research by Jones Lang LaSalle.

Investment & finance

PPF buys Galleria Moda

schedule 30 September 2013
Nathan North
managing editor

CZECH REPUBLIC Galleria Moda, close to the Václav Havel Airport in Prague-Ruzyne, has been acquired in bankruptcy proceedings by Dreitonel, part of the PPF group – according to local media.

IVG Private Funds to be closed down

schedule 30 September 2013
Nathan North
managing editor

EUROPE The management and supervisory boards of IVG Immobilien have decided to discontinue the business activities of IVG Private Funds.

Retail & leisure

Roksolana to open in Q1 2014

schedule 30 September 2013
Rafał Ostrowski
journalist

UKRAINE The Roksolana mixed-use development in Lviv is to open in the first quarter of next year.

Maverick Hostel in office complex

schedule 30 September 2013

HUNGARY Maverick Hostel has leased 1,370 sqm in Budapest from SEB Asset Management. Conversion work on the former office building, which is part of a four-building complex on Kazinczy street, has already begun.

Office & mixed-use development

Bank Zachodni WBK to move into Atrium 1

schedule 30 September 2013

POLAND Skanska Property Poland has signed a lease with Bank Zachodni WBK of the Santander Group for 12,200 sqm of offices in the Atrium 1 building in Warsaw, as well as a bank branch on the ground floor. Atrium 1, which is currently under construction at the ONZ roundabout in the city, is now 80 pct leased.

Office & mixed-use development

PHN teams up with Hochtief

schedule 30 September 2013

POLAND Hochtief Development will probably partner PHN in the development of the PHN Tower in Warsaw, ‘Eurobuild CEE’ has discovered.

Warehouse & industrial

Amazon comes to Poland

schedule 30 September 2013
Ewa Andrzejewska

POLAND American internet retail giant Amazon wants to locate five distribution centres in the CEE region. Three of them will be located in Poland and two in the Czech Republic, according to sources of ‘Eurobuild CEE’.

Office & mixed-use development

Nordea centre in Łódź 1

schedule 30 September 2013
Nathan North
managing editor

POLAND Financial group Nordea is to open its second operations centre in the Łódź 1 office building in Łódź.

Echo subsidiaries issue bonds

schedule 30 September 2013
Aneta Cichla

POLAND Echo Investment subsidiaries Mena Investment and Echo-SPV 7 have issued bonds with a combined value of PLN 75 mln.

Construction

Pol-Aqua sues Marvipol

schedule 30 September 2013
Aneta Cichla

POLAND Przedsiębiorstwo Robót Inżynieryjnych Pol-Aqua has begun legal proceedings against Marvipol in a dispute over the construction of the New Hill Park estate (which has now been renamed Hill Park Apartments) in Warsaw.

Media Expert to open in Radom

schedule 30 September 2013
Aneta Cichla

POLAND Two new tenants are to enter the Atrium Gama shopping centre in Radom at the beginning of October.

Residential

Atal starts work on Łódź estate

schedule 30 September 2013
Aneta Cichla

POLAND Atal has started the construction phase for its Nowe Polesie IIIb estate in Łódź. Apartment sales for the project have also just begun.

Janki building permit for AIG/Lincoln

schedule 30 September 2013
Aneta Cichla

POLAND AIG/Lincoln has obtained a final building permit for the latest stage of the Diamond Business Park warehouse complex in Janki near Warsaw.

Construction

Modzelewski & Rodek to build Q22

schedule 30 September 2013

POLAND Echo Investment, via its subsidiary Projekt Echo-70, has chosen Modzelewski & Rodek to be the contractor for the shell stage of the Q22 office building in Warsaw.

Yareal to develop Saska Kępa estate

schedule 30 September 2013
Ewa Andrzejewska

POLAND Yareal is to develop a residential project near ul. Francuska in Warsaw’s Saska Kępa district.

Retail & leisure

Rank Progress to open entertainment zone

schedule 30 September 2013
Aneta Cichla

POLAND Rank Progress is to open its first Play City entertainment centre in the Galeria Piastów shopping centre in Legnica at the end of October.

Warehouse & industrial

Nikolskoye Park to open next year

schedule 30 September 2013

RUSSIA Nikolskoye Logistics Complex, located app. 50 km from Moscow, is to be opened in the second quarter of 2014.

Construction

Business Garden Poznań takes shape

schedule 30 September 2013
Nathan North
managing editor

POLAND The reinforced concrete structure for the first building (9,827 sqm) of Business Garden Poznań has been completed.

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