News

MLP to be sold to Gutseriev family

schedule 04 October 2013
Rafał Ostrowski
journalist

RUSSIA The Renova Group is selling its 100 pct holding in warehouse developer Multinational Logistics Partnership (MLP) to the Russian billionaire Mikhail Gutseriev and his family.

Investment figures double in the Baltics

schedule 04 October 2013
Rafał Ostrowski
journalist

BALTIC STATES With EUR 472 mln transacted in the first half of this year, the investment turnover in the Baltic states more than doubled in comparison to the same period of 2012 (EUR 210 mln), according to a report by Colliers International.

Warehouse supply high but vacancy low

schedule 04 October 2013
Rafał Ostrowski
journalist

RUSSIA The amount of newly delivered industrial and logistics space could reach 1 mln sqm in the Moscow region this year, which would be the highest result since 2007, according to the Moscow Region Industrial Big Box research report by CBRE.

Investment & finance

PBB loans EUR 55.8 mln for Galeria Pomorska

schedule 04 October 2013
Nathan North
managing editor (English section)

POLAND PBB Deutsche Pfandbriefbank has agreed a EUR 55.8 mln medium-term refinancing and construction loan for a fund managed by Resolution Property.

Investment & finance

GTC to sell Galeria Kazimierz to Invesco

schedule 04 October 2013
Nathan North
managing editor (English section)

POLAND Globe Trade Centre has concluded negotiations with Nellia, part of the Invesco Group, to sell the Galeria Kazimierz shopping centre in Kraków.

Echo buys Kraków city centre plot

schedule 03 October 2013
Nathan North
managing editor (English section)

POLAND Property consultants Leach & Lang have advised on the sale of a residential plot in Kraków.

CTP secures EUR 79.5 mln loan extension

schedule 03 October 2013
Nathan North
managing editor (English section)

CZECH REPUBLIC Industrial developer CTP and long-term financial partners KB/SoGe have signed a new loan facility of EUR 79.5 mln for the refinancing of a portfolio of existing properties.

Construction

Three more contracts for Eiffage

schedule 03 October 2013
Nathan North
managing editor (English section)

POLAND Eiffage Group has been awarded a contract for the extension of Galeria Sudecka in Jelenia Góra.

Retail & leisure

Calypso comes to Ferio

schedule 03 October 2013
Aneta Cichla

POLAND Calypso Fitness Club is to open in the Ferio shopping centre in Stare Miasto near Konin. The tenant, which has leased 1,150 sqm, will open the gym at the beginning of next year.

Warehouse & industrial

Business Archiv stays for longer in MLP Group project

schedule 03 October 2013

POLAND Business Archiv is to extend its stay in the MLP Pruszków I park owned by MLP Group. The company has also expanded the area leased by 100 sqm to occupy almost 2,000 sqm.

Three companies move closer to Dworzec Gdański contract

schedule 03 October 2013
Aneta Cichla

POLAND Ghelamco GP 6 (a subsidiary of Ghelamco Poland), a consortium made up of Immobel Poland and Immobel SA, and a consortium of Ymma Holding, Penta Investments and Penta Investments Limited have been invited to the second stage of the tender for the development of the Dworzec Gdański station and the area around it in Warsaw by the Polish State Railways (PKP).

S5 section waits for new contractor

schedule 03 October 2013
Aneta Cichla

POLAND The General Directorate of National Roads and Motorways (GDDKiA) has invited bids for the completion of the Kaczkowo–Korzeńsko section of the S5 expressway.

JR Invest to buy Katowice mixed-use centre

schedule 03 October 2013
Aneta Cichla

POLAND JR Invest is to buy a class ‘A’ office, retail and services centre in Katowice. The seller of the property is Maksimum.

Decathlon XS moves into another Carrefour centre

schedule 03 October 2013
Aneta Cichla

POLAND Koodza, the owner of the Decathlon XS sports goods chain, is to open a store in Galeria Śląska in Rybnik, which is owned by Carrefour Polska.

Retail & leisure

Gagarinsky mall forced to give away its name

schedule 03 October 2013
Eurobuild CEE

RUSSIA A Russian intellectual property court has ruled to annul the registration of the brand ‘Gagarinsky shopping and entertainment centre’, after accepting the arguments of the eldest daughter of the famous cosmonaut Yuri Gagarin that this use of his name is illegal.

Residential

AFI starts 9,000-apartment project near Moscow

schedule 03 October 2013
Rafał Ostrowski
journalist

RUSSIA AFI Development has started the construction of the Odinburg residential project in the town ofOdintsovo, app.30 km southwest from Moscow.

Retail & leisure

AFI mall opens in Ploiești

schedule 03 October 2013
Rafał Ostrowski
journalist

ROMANIA Following 16 months of construction, the AFI Palace Ploiești shopping centre has been officially opened.

Investment & finance

Mebe secures USD 60 mln credit line

schedule 03 October 2013
Rafał Ostrowski
journalist

RUSSIA Mebe Development has obtained a USD 60 mln credit line form Sberbank Rossii. The seven-year loan is to be used for refinancing debt held with CJSC Credit Europe Bank and for financing the completion of the Mebe One Khimki Plaza business centre in the Moscow region.

Investment & finance

Blackstone completes Multi acquisition

schedule 03 October 2013
Nathan North
managing editor (English section)

EUROPE US private equity group Blackstone Group has completed the acquisition of Dutch-based developer Multi Corporation.

Investment & finance

ECE loses CZK 1.8 bln case against Czech state

schedule 02 October 2013
Nathan North
managing editor (English section)

CZECH REPUBLIC German developer ECE has lost a CZK 1.8 bln (app. EUR 70 mln) compensation case against the Czech government over the aborted Galerie Liberec development at the International Court of Arbitration in Paris.

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