News

Retail & leisure

Okhta Mall construction starts

schedule 15 October 2013
Rafał Ostrowski
journalist

RUSSIA Finnish developer SRV has started the construction of the Okhta Mall shopping centre in St Petersburg.

Kremlin offices pricier than on Champs Elysées

schedule 15 October 2013
Rafał Ostrowski
journalist

RUSSIA Office space in Moscow’s Kremlin area is more expensive than on Paris’ Champs Elysées or in New York’s Manhattan, according to a list of the priciest places to work drawn up by Jones Lang LaSalle’s CEO Colin Dyer.

Reckitt Benckiser leases space in SP Hall

schedule 15 October 2013
Rafał Ostrowski
journalist

UKRAINE British consumer goods company Reckitt Benckiser has anchored the SP Hall business centre in Kyiv.

KappAhl closes Czech network

schedule 15 October 2013
Nathan North
managing editor (English section)

CZECH REPUBLIC As part of its continuous assessment of stores and ongoing action programme, Swedish fashion retailer KappAhl has decided to close down its five stores in the Czech Republic.

Residential

Ekospol begins next stage of Prague 15 project

schedule 15 October 2013
Nathan North
managing editor (English section)

CZECH REPUBLIC Ekospol has started to work on the latest stage of an estate in Prague 15.

Office & mixed-use development

Fiat Group staying in Catalina Office Center

schedule 15 October 2013
Nathan North
managing editor (English section)

POLAND Four companies of the Italian car manufacturer Fiat Group has extended their lease of 4,000 sqm of office space in the Catalina Office Center in Warsaw.

P3 starts work on new hub for DHL

schedule 15 October 2013
Nathan North
managing editor (English section)

CZECH REPUBLIC PointPark Properties (P3) has started construction work on a 3,492 sqm logistics facility for international shipping company DHL Express, a division of Deutsche Post DHL, at its PointPark Prague D8 complex.

Office & mixed-use development

Tinmar-Ind electrifies SkyTower

schedule 15 October 2013

ROMANIA Electricity producer Tinmar-Ind has leased 1,200 sqm – the entire 17th floor – of the SkyTower building in Bucharest.

Nexity to build Wola estate

schedule 14 October 2013

POLAND Nexity has bought a 2 ha plot on ul. Jana Kazimierza in Warsaw’s Wola district.

Construction

Hochtief to build Sokratesa Park & Art second stage

schedule 14 October 2013

POLAND The Warsaw branch of Hochtief Polska has finalised a contract for the construction of the second stage of the Sokratesa Park & Art residential complex on ul. Sokratesa in Warsaw’s Bielany district.

Another 300,000 sqm retail by next year

schedule 14 October 2013

POLAND According to Jones Lang LaSalle, a retail area of app. 300,000 sqm is to be delivered in Poland by the end of 2013.

Retail & leisure

LPP extends its area in Ogrody

schedule 14 October 2013

POLAND LPP group has decided to increase the area of its outlets in the Ogrody shopping centre in Elbląg, which is currently being extended.

Residential

Archicom to build homes in showcase estate

schedule 14 October 2013

POLAND Archicom is the first developer to buy a plot of more than 4,000 sqm in the Nowe Żerniki showcase estate, which is to be developed in the western part of Wrocław, near the City Stadium south of ul. Kosmonautów.

Investment & finance

CPI buys Orco's towers

schedule 14 October 2013
Nathan North
managing editor (English section)

CEE REGION CPI Group has completed the purchase of the Czech, Polish and Hungarian real estate assets of Sidoti, which formerly belonged to Orco Property Group’s Endurance Funds.

Office & mixed-use development

Four Points to be built in Krasnodar

schedule 14 October 2013
Rafał Ostrowski
journalist

RUSSIA Ramo-M [ГК РАМО-М] is to build a Four Points by Sheraton hotel and an exposition centre in the city of Krasnodar.

Retail & leisure

Plac Unii opens for shoppers

schedule 14 October 2013
Ewa Andrzejewska

POLAND Plac Unii City Shopping, the retail section of the Plac Unii mixed-use project in Warsaw, was opened on Saturday. Liebrecht & Wood and BBI Development jointly are the investors behind the project.

Investment & finance

NEPI granted EUR 30 mln

schedule 14 October 2013

ROMANIA New Europe Property Investments has been granted a EUR 30 mln loan by Unicredit Țiriac Bank to refinance its Lakeview Office property, which it bought from AIG/Lincoln at the beginning of the year.

Fifteen shopping centres opened in Russia

schedule 14 October 2013
Rafał Ostrowski
journalist

RUSSIA Fifteen shopping centres were opened across Russia in the third quarter of this year, according to Cushman & Wakefield.

Office & mixed-use development

IBM the first into Pascal

schedule 14 October 2013
Nathan North
managing editor (English section)

POLAND IBM has leased more than 1,700 sqm in the Pascal building in Kraków for its BTO Business Consulting Services division.

Two historic buildings demolished

schedule 14 October 2013

ROMANIA A furore has erupted over the demolition of two 19th century buildings on Christian Tell street in Bucharest.

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