News

POLAND Hochtief Polska has started the construction phase of a project at ul. Jana Kazimierza 51 in Warsaw.

Losses for Wikana

POLAND Lublin-based developer Wikana registered an operating loss of PLN 3.65 mln in H1.

Orbis braced for rough results

POLAND The estimated revenue of the Orbis Group ahead from its continued operations was PLN 513.4 mln in the January–September period of the year.

Portico buys 18th Polish property

POLAND Portico Investment has bought a retail facility in Gdańsk.

Construction

Supersam takes off

POLAND Przemysław Krych, the president of the board of Griffin Group, and Piotr Uszok, the mayor of Katowice, have dug the first holes on the Supersam building site in Katowice.

Amazon to build three complexes instead of two

CZECH REPUBLIC/SLOVAKIA US internet retailer Amazon has announced that it will split its expansion into the Czech Republic into phases rather than two as was earlier disclosed, according to the E15.cz website.

Slovak Telekom puts 43 properties up for sale

SLOVAKIA Slovak Telekom has put on the market 43 properties with a total of almost 170,000 sqm of usable space.

Metrostav completes Alpine BeMo buyout

CZECH REPUBLIC Czech construction company Metrostav, which specialises in infrastructure projects, has completed its acquisition of Alpine BeMo Tunnelling.

Residential

UDP to spend USD 200 mln on Komfort Park

RUSSIA Ukrainian developer UDP is planning to invest over USD 200 mln in the development of the Komfort Park residential project in Kaluga, 180 km southwest of Moscow.

Lindab plant sold to domestic investor

CZECH REPUBLIC Prague-based developer Portland Trust and international real estate fund manager ARES Property Partners have sold unit ‘F’ of Karlovarská Business Park in Prague 6 to a private Czech investor.

Warehouse & industrial

Radius to build 21,000 sqm for Kimberly-Clark

RUSSIA Radius Group has agreed with Kimberly-Clark to develop an Eastern European regional distribution centre in the South Gate Industrial Park south of Moscow.

Retail & leisure

LPP brands to open in Galeria Neptun

Office & mixed-use development

POLAND LPP Group has leased more than 3,100 sqm or its brands in the Galeria Neptun shopping centre in Starogard Gdański.

SkyLight 75 pct leased

RUSSIA The commercialisation of SkyLight business centre on Leningradsky Prospekt in Moscow has reached 75 pct.

Tristan Capital completes retail portfolio acquisition

POLAND Charter Hall Retail REIT has completed the sale of its Polish portfolio to Tristan Capital Partners for EUR 174.5 mln.

KLG plans 20,000 sqm of warehousing

ROMANIA Logistics service provider KLG Europe plans to double its warehousing capacities in Romania next year.

Moscow warehouse supply close to pre-crisis levels

RUSSIA In the third quarter of the year the new completion volume in the Moscow region continued to approach pre-crisis levels, according to Jones Lang LaSalle.

Supply up, but vacancy down

RUSSIA The total volume of office space completed in Moscow in Q3 amounted to 244,500 sqm – a threefold increase on the previous quarter, according to CBRE.

PBB and Helaba provide SELP help

POLAND/CZECH REPUBLIC PBB Deutsche Pfandbriefbank and Helaba have jointly underwritten a five-year EUR 188 mln secured loan to the Segro European Logistics Partnership (SELP).

Distribution centre to be built near Kaunas

LITHUANIA Mitnija is to build a 16,000 sqm logistics and storage centre near Kaunas for consumer goods distributor Sanitex.

Warehouse & industrial

Five go mad in Rudná