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News

Investment & finance

Starwood buys The Park

schedule 22 July 2013
Nathan North
deputy editor

CZECH REPUBLIC An affiliate of Starwood Capital Group has acquired The Park office campus in Prague in what is reported to be the largest office transaction in the history of the Czech Republic.

Hotels

First DoubleTree by Hilton in Poland opens

schedule 19 July 2013
Aneta Cichla

POLAND A four-star DoubleTree by Hilton hotel has opened in Łódź.

Wola Park acquisition application submitted

schedule 19 July 2013

POLAND Inter IKEA Centre Polska has applied to the Office for Competition and Consumer Protection (UOKiK) for approval to buy the Wola Park shopping centre on ul. Górczewska in Warsaw.

Investment & finance

Silesia City Center sale approved

schedule 19 July 2013

POLAND A consortium led by Allianz Finance has received consent from the Office for Competition and Consumer Protection (UOKiK) to buy Silesia City Centre in Katowice.

New property purchaser for Rossmann

schedule 19 July 2013

POLAND A.S. Watson, Rossmann Beteiligungs, Maruszak and Grabara are to establish a new company: RW Project Polska.

Metrostav to redevelop Warsaw roads

schedule 19 July 2013

POLAND The General Directorate of National Roads and Motorways (GDDKiA) has signed a contract with Czech construction company Metrostav concerning the redevelopment of the S8 road (Trasa Armii Krajowej) including the Grota-Roweckiego bridge in Warsaw.

Wikana restructures debt

schedule 19 July 2013

POLAND Wikana has raised PLN 28.1 mln from the issue series ‘A’ and ‘B’ bonds.

Construction

New chemistry department for Jagiellonian

schedule 19 July 2013

POLAND A consortium consisting of Budimex and Mostostal Kraków is to construct the chemistry department building of the Jagiellonian University in Kraków

Retail & leisure

More tenants in Łacina

schedule 19 July 2013

POLAND New tenants have signed leases for space in the Łacina shopping centre project in Poznań.

Office & mixed-use development

Atrium 1 reaches full height

schedule 19 July 2013

POLAND The Atrium 1 office building in Warsaw, which is being developed by Skanska, has reached its full height and is moving towards completion later this year.

Colgate to invest EUR 24 mln in factory expansion

schedule 19 July 2013
Aneta Cichla

POLAND American company Colgate-Palmolive has started work on the expansion of its plant in Świdnica. Investments costs are expected to reach at least PLN 102.5 mln (EUR 24 mln) by the end of 2015.

Office & mixed-use development

PSN to develop USD 70 mln Moscow project

schedule 19 July 2013
Rafał Ostrowski
journalist

RUSSIA PSN Group is planning to complete the development of the Aerodom Business Centre on Leningradskiy Prospekt in northern Moscow in the first quarter of 2014.

Hotels

Olympic Entertainment plans Tallinn Hilton

schedule 19 July 2013

ESTONIA Olympic Entertainment Group is to develop a 202-room Hilton hotel on the site of the current Reval Park Hotel & Casino in Tallinn in an investment of around EUR 36 mln.

Warsaw office stock now over 4 mln sqm

schedule 19 July 2013
Nathan North
deputy editor

POLAND The total stock of modern office space in Warsaw now exceeds 4 mln sqm, according to data for H1 2013 published by the Warsaw Research Forum.

Quiet Q2 on industrial market

schedule 19 July 2013
Rafał Ostrowski
journalist

BULGARIA Modern industrial and logistics stock increased by 28,300 sqm in Sofia region to 764,000 sqm in Q2, representing a 3.85 pct growth on the previous quarter – according to the latest Bulgarian Industrial Market report by Forton.

Investment & finance

Hines with 50 pct stake in Metropolis

schedule 19 July 2013
Rafał Ostrowski
journalist

RUSSIA Hines CalPERS Russia Long Term Hold Fund (HCRLTH) has revealed that the stake it recently bought in the Metropolis shopping centre in Moscow from the Morgan Stanley Real Estate Investing (MSREI) fund amounted to 50 pct.

Investment market up by 60 pct

schedule 18 July 2013
Rafał Ostrowski
journalist

CEE REGION The overall CEE investment volume in the first half of the year amounted to EUR 4.5 bln, 60 pct higher than in H1 2012 – according to the latest CEE Property Investment Market View report by CBRE.

Investment & finance

Rank Progress pulls out of Galeria Chełmska talks

schedule 18 July 2013
Aneta Cichla

POLAND Legnica-based developer Rank Progress has pulled out of negotiations to buy into the Galeria Chełmska shopping centre project in Chełm.

Property and Facility Management

Plejada sticks with C&W

schedule 18 July 2013
Nathan North
deputy editor

POLAND St Martins, the owner of Plejada shopping centre in Sosnowiec, has renewed its property management contract with Cushman & Wakefield.

Residential

Work begins on third building of Rezydencja Park

schedule 18 July 2013
Aneta Cichla

POLAND Mielno Holding-Firmus Group has started construction work on the third Rezydencja Park luxury apartment building in Mielno.

Edition 9 (291) September 2024

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