News

Investment & finance

TUP changes tack and becomes Alta

schedule 19 August 2013
Aneta Cichla

POLAND TUP has announced a new strategy to focus exclusively on the construction of Siewierz Jeziorna in Siewierz (Silesia) – a project to develop a sustainable town district.

Warehouse & industrial

Dayco to open Tychy Factory

schedule 19 August 2013

POLAND Engine component producer Dayco is to open a 20,000 sqm production plant in Segro Park Tychy in the Katowice Special Economic Zone.

Investment & finance

“Buyer found” for Fashion Arena Outlet Centre

schedule 19 August 2013
Nathan North
managing editor

CZECH REPUBLIC A buyer has been found for the Fashion Arena Outlet Centre in Prague, according to the ‘Hospodářské noviny’ newspaper.

Retail & leisure

Karavan to expand by 12,000 sqm

schedule 19 August 2013
Rafał Ostrowski
journalist

UKRAINE CDA Real Estate, part of DCH Group, has started the construction of the second phase of the Karavan Megastore shopping centre in Dnipropetrovsk.

Investment & finance

Sjælsø declared bankrupt

schedule 19 August 2013
Nathan North
managing editor

EUROPE Danish developer Sjælsø Gruppen has been declared bankrupt after efforts to restructure the heavily indebted company were terminated.

Merko to build packaging factory

schedule 19 August 2013

LATVIA Merko Ehitus subsidiary SIA Merks is to build a manufacturing and logistics centre in the Mārupe region for biopolymer packaging producer Polipaks.

Office & mixed-use development

MSCI comes to Green House

schedule 19 August 2013

HUNGARY Investment support tools provider MSCI is to occupy 3,654 sqm of office space in Green House in Budapest from March 2014.

Deichmann opens flagship Prague store

schedule 19 August 2013
Nathan North
managing editor

CZECH REPUBLIC Deichmann has opened a 1,150 sqm store on Na Příkopě in Prague city centre.

Office & mixed-use development

Liebrecht & Wood buys Koneser stake

schedule 19 August 2013
Nathan North
managing editor

POLAND Liebrecht & Wood has completed the acquisition of almost 50 pct of the commercial section of the Koneser re-development project in Warsaw’s Praga district.

Retail & leisure

Debenhams to open 8,400 sqm store in Moscow

schedule 19 August 2013
Rafał Ostrowski
journalist

RUSSIA Debruss, the Russian partner of British retailer Debenhams, has leased 8,400 sqm in the Avia Park shopping centre for its flagship store in Moscow.

Warehouse & industrial

Huge logistics complex to be built in Moscow region

schedule 14 August 2013
Rafał Ostrowski
journalist

RUSSIA AT Nedvizhimost [АТ недвижимость] has started building its 840,000 sqm Sofyino Logistics Park project, the largest class ‘A’ industrial and warehouse complex in the Moscow region.

Office & mixed-use development

Trigema renews Jupiter lease

schedule 14 August 2013
Nathan North
managing editor

Sportswear and casual clothing retailer Trigema has renewed its lease of 1,800 sqm on the atrium floor of the Jupiter office building in Nové Butovice (Prague 5) – phase one of the Explora Business Centre.

Retail & leisure

Historical theme park to be built in New Moscow

schedule 14 August 2013
Rafał Ostrowski
journalist

RUSSIA RDI Group is planning to invest RUB 2 bln (EUR 45,5 mln) in the development of a historical theme park in Ryazanovskoye settlement in New Moscow (app. 40 km south of the city centre).

Modernisation for Mustika Centre

schedule 14 August 2013

ESTONIA Eften Capital has begun renovation work on Mustika Centre, the largest mall in Tallinn’s Mustamäe district.

BRW opens two new stores

schedule 14 August 2013

POLAND Black Red White is to open two new interior furnishing stores in Krosno and Nowy Dwór Mazowiecki.

Investment & finance

LC Corp to buy RB Finance Expert

schedule 14 August 2013
Aneta Cichla

POLAND Warsaw Stock Exchange listed company LC Corp is to buy a 100 pct stake in RB Finance Expert from LC Corp BV of Amsterdam (the largest shareholder of LC Corp and controlled by Leszek Czarnecki).

Office & mixed-use development

Martela to enter Wola Center

schedule 14 August 2013

POLAND Finnish furniture producer Martela has leased 700 sqm of office space in Wola Center, which is under construction in Warsaw.

Profits increasing for AFI

schedule 14 August 2013

CEE REGION AFI Properties has registered an income for the first half of EUR 51 mln, up by 32 pct on the same period of 2012. Over the period the company’s operating income reached EUR 32.3 mln, up by 47 pct.

Mirland earning more

schedule 14 August 2013
Rafał Ostrowski
journalist

RUSSIA Mirland Development Corporation has recorded USD 23.8 mln in revenues in the first half of this year, which represents a 19 pct increase compared to USD 20 mln in H1 2012.

Retail & leisure

Green light for Galeria Pomorska

schedule 14 August 2013
Aneta Cichla

POLAND Resolution Property, the owner of Galeria Pomorska in Bydgoszcz, has acquired a final permit for the extension of the shopping centre.

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