News

Office & mixed-use development

First Warsaw Spire building reaches shell stage

schedule 24 September 2013
Rafał Ostrowski
journalist

POLAND The first building of the Warsaw Spire complex has reached the shell stage. Work has begun on the façade of the fifteen-storey building ‘B’ (55m in height), which is to offer a leasable area of 20,000 sqm.

Residential

Sales begin on Hortus Apartments

schedule 24 September 2013

POLAND Echo Investment has begun sales of its Hortus Apartments project on ul. Piotra Borowego in Kraków’s Wola Justowska district.

Residential

Evocasa Optima II completed

schedule 24 September 2013

ROMANIA Immofinanz subsidiary Adama has completed the second stage of the Evocasa Optima estate in Bucharest’s Titan district.

Retail & leisure

Evropa to be extended by 60,000 sqm

schedule 24 September 2013
Rafał Ostrowski
journalist

RUSSIA The Evropa [Европа] shopping centre in Lipetsk in the southwestern Russia is to be extended by 59,400 sqm, including 45,200 sqm of leasable space.

Retail & leisure

Smyk to enter Galeria Malta

schedule 23 September 2013
Aneta Cichla

POLAND Children’s goods store Smyk is to open in Galeria Malta in Poznań in December 2013 with a 661 sqm outlet.

Retail & leisure

More sport in Poznań City Center

schedule 23 September 2013
Aneta Cichla

POLAND SportsDirect.com has leased a two-level store with an area of over 1,900 sqm in the Poznań City Center shopping complex, the development of which is currently nearing completion.

Budimex wins PLN 44 mln contract

schedule 23 September 2013
Aneta Cichla

POLAND Budimex is to build the Centre of Innovation and Technology Transfer Management for the Warsaw University of Technology.

Office & mixed-use development

Small office building to be developed in the heart of capital city

schedule 23 September 2013
Aneta Cichla

POLAND Kopernik 21 has been granted a final building permit to develop an office building on ul. Kopernika in Warsaw’s Śródmieście district.

Europejski Fundusz Hipoteczny avoids bankruptcy

schedule 23 September 2013

POLAND The court has dismissed proceedings calling for the bankruptcy of Europejski Fundusz Hipoteczny, because Akura, which had filed for the liquidation of the company’s assets, and the management board , which had filed for the court to grant the company a bankruptcy open to arrangements, both withdrew their petitions.

Hotels

Ibis hotels adopt Avanzi concept

schedule 23 September 2013
Aneta Cichla

POLAND Orbis/Accor is continuing the modernisation of its Ibis hotels according to the Avanzi concept.

We know how much real estate industry earns

schedule 23 September 2013
Aneta Cichla

POLAND The average monthly salary in a development company amounts to PLN 18,900 gross, according to the Salary Survey 20013 Focus on Poland report by PropertyTalents.

Office & mixed-use development

Work starts on Ovo

schedule 23 September 2013

POLAND Wings Properties, which is owned by Star Group Poland, has begun construction work on the Ovo mixed-use project in Wrocław.

Investment & finance

Green Day sold for EUR 43 mln

schedule 23 September 2013
Nathan North
managing editor (English section)

POLAND Skanska has sold the Green Day office building in Wrocław to the Investec GLL Global Special Opportunities Real Estate Fund for EUR 43 mln.

Investment & finance

Half billion investment in Anapa

schedule 23 September 2013
Rafał Ostrowski
journalist

RUSSIA Fund management company Fund Yug [Фонд Юг] is to invest USD 500 mln in the development of Anapa, a town located in the northern coast of the Black Sea.

Warehouse & industrial

General Motors leases 40,000 sqm near Moscow

schedule 23 September 2013
Rafał Ostrowski
journalist

RUSSIA General Motors has signed a 14-year lease for a 40,000 sqm spare parts distribution centre in the South Gate industrial park in the Moscow region.

Green projects

Prologis starts gardening for sustainability

schedule 23 September 2013

HUNGARY Prologis has opened its first ‘Green Path’ educational, recreational and sports facility in Prologis Park Budapest-Harbor.

Retail & leisure

Galeria Katowicka now open

schedule 23 September 2013
Aneta Cichla

POLAND The Galeria Katowicka shopping centre opened its doors on September 18th, with the construction work having officially been completed on the day before.

Skanksa to renovate A4 section

schedule 23 September 2013
Aneta Cichla

POLAND The Opole branch of the General Directorate of National Roads and Motorways (GDDKiA) has contracted Skanska to renovate the Prądy-Dąbrówka section of the A4 motorway. A 7.5 km stretch is to have its asphalt surface replaced.

Construction

Mixed-use complex to be built at Gdańsk Wrzeszcz station

schedule 23 September 2013

POLAND Przedsiębiorstwo Budowlane Górski has received a building permit for a mixed-use complex which is to be built at the PKP Gdańsk Wrzeszcz station on a site of over 2.3 ha.

Investment & finance

Futureal plans further acquisitions

schedule 23 September 2013

POLAND Futureal has announced it is to acquire office, retail and residential properties in Central Europe and has set up its Partner Programme with a value of EUR 100 mln with which it intends to complete and re-launch projects across the CEE region that have stalled due to the financial crisis.

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