News

TUP becomes Alta

schedule 18 October 2013
Aneta Cichla

POLAND Development company TUP has registered under a new name. The company will now operate as Alta.

Retail & leisure

Shopping centre to be built in Człuchów

schedule 18 October 2013
Aneta Cichla

POLAND Nalepa Capital Trust is planning to build a small shopping centre in Człuchów in Pomerania.

Aegon and Impel Catering sign Łódź leases

schedule 17 October 2013
Rafał Ostrowski
journalist

POLAND Aegon and Impel Catering have leased space in the University Business Park office building in Łódź.

Eften to reconstruct historic hotel

schedule 17 October 2013

ESTONIA The Eften Real Estate Fund and Esraven are to invest EUR 5 mln in the reconstruction of the Palace Hotel in Tallinn with the construction work to start in October.

Office & mixed-use development

Audatex moves to IO-1

schedule 17 October 2013
Nathan North
managing editor (English section)

POLAND Automobile insurance software supplier Audatex has leased 500 sqm of office space in the IO-1 office building in Warsaw.

Hotels

Hotel investors turning to the CEE

schedule 17 October 2013
Nathan North
managing editor (English section)

CEE REGION In the first half of the year the volume of hotel investment activity in the EMEA region increased by 38 pct y-o-y, according to research by Cushman & Wakefield.

Retail & leisure

Promenada opens in Bucharest

schedule 17 October 2013

ROMANIA The Promenada shopping centre in Bucharest has now opened.

Office & mixed-use development

Plenty in the Prague pipeline

schedule 17 October 2013
Nathan North
managing editor (English section)

CZECH REPUBLIC The Prague Research Forum has published its Q3 2013 figures for the Czech capital’s office market.

Notos enters Sofia Ring Mall

schedule 16 October 2013
Rafał Ostrowski
journalist

BULGARIA Greek department store chain Notos is entering the Bulgarian market, with its first opening planned for next year.

Retail & leisure

Retail park to be built in Garwolin

schedule 16 October 2013
Aneta Cichla

POLAND Construction work has started on the Pasaż Targowa retail park in Garwolin in Masovia.

Investment & finance

PPP goes to university

schedule 16 October 2013

POLAND The Jagiellonian University Medical College in Kraków has contracted Neoświat PPP Projects (part of the Bouygues group) to redevelop its halls of residence in a public private partnership.

Retail & leisure

Toys’R’Us in Poznań City Center

schedule 16 October 2013
Aneta Cichla

POLAND The first Toys’R’Us store in Wielkopolski is to be opened in the Poznań City Center mall in Poznań.

Warimpex issues convertible bonds

schedule 16 October 2013
Aneta Cichla

POLAND Warimpex Finanz- und Beteiligungs is to issue on Warsaw’s Catalyst exchange convertible bonds entitling their owners to convert them to or acquire up to 9 mln of the company’s bearer bonds.

Construction

Okam tops off second stage of InCity

schedule 16 October 2013
Aneta Cichla

POLAND The shell of the second stage of the InCity estate in Warsaw has been completed.

Residential

Lokaty Budowlane planning project acquisitions

schedule 16 October 2013
Aneta Cichla

POLAND Lokaty Budowlane is planning to acquire at least one residential project with a building permit by the end of the year, according to Marek Kwiatkowski, the president of the board of the company.

BIK changes concept for Dzierżoniów mall

schedule 16 October 2013
Aneta Cichla

POLAND Biuro Inwestycji Kapitałowych (BIK) has revealed a new shopping centre project for a site it owns in Dzierżoniów in Lower Silesia.

Office & mixed-use development

Garvest to start Warsaw project

schedule 16 October 2013
Ewa Andrzejewska

POLAND Work on the P4 office project of Garvest Real Estate in Warsaw’s Służewiec district is to start early next year.

Retail & leisure

Adventure World Warsaw goes bust

schedule 16 October 2013
Rafał Ostrowski
journalist

POLAND Adventure World Warsaw, the developer of the EUR 630 mln theme park project which was to be built near Poland’s capital, has filed for bankruptcy.

Investment & finance

P3 sold to TPG and Ivanhoé Cambridge

schedule 16 October 2013
Nathan North
managing editor (English section)

EUROPE US private equity firm TPG Capital and Canadian investor Ivanhoé Cambridge have acquired European warehouse developer and manager PointPark Properties (P3).

Warehouse & industrial

Three new leases for BIK

schedule 15 October 2013

POLAND Three new companies are to move into the Śląskie Centrum Logistyczne warehousing park.

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