News

Retail & leisure

Work starts on 100,000 sqm shopping centre

schedule 01 August 2013
Rafał Ostrowski
journalist

UKRAINE Budhouse Group has started preparatory work on the Nikolsky shopping centre in Kharkiv.

Retail stock increasing – slowly

schedule 01 August 2013

ROMANIA Modern retail stock in the first quarter of the year remained stable at 2.7 mln sqm, 30 pct of which is located in Bucharest – according to CBRE’s Retail MarketView Report.

Retail & leisure

Nine shopping centres to open in Moscow

schedule 01 August 2013
Rafał Ostrowski
journalist

RUSSIA Nine new modern shopping centres totalling 190,000 sqm (gla) are to be opened in Moscowby the end of the year, according to the latest retail report for the city by CBRE.

Retail & leisure

Peppercorn Properties to build Wałbrzych Park

schedule 01 August 2013
Rafał Ostrowski
journalist

POLAND Peppercorn Wałbrzych, a subsidiary of Peppercorn Properties, has obtained a final building permit for a convenience park project in Wałbrzych’s Piaskowa Góra district.

Investment & finance

Vítek “buys Orco Endurance funds”

schedule 31 July 2013
Nathan North
managing editor

CZECH REPUBLIC Radovan Vítek, the billionaire owner of CPI Group, is believed to have bought two of Orco Property Group’s real-estate funds.

LenSpetsSMU earns ratings boost

schedule 31 July 2013
Rafał Ostrowski
journalist

RUSSIA Standard & Poor has upgraded the long term credit rating of Russian developer LenSpetsSMU, a subsidiary of Etalon Group, from ‘B’ to ‘B+’ with a stable outlook.

Office & mixed-use development

Pandora leases more in Okęcie Business Park

schedule 31 July 2013

POLAND Pandora Jewelry CEE has renewed and extended its lease agreement and will now occupy 1,100 sqm of office space for five years in the Zephirus building in Okęcie Business Park in Warsaw.

Forty coming to Moscow retail market

schedule 31 July 2013
Rafał Ostrowski
journalist

RUSSIA Around 40 international brands have announced plans to enter the Moscow retail market in 2013/2014, according to the latest MarketView report by CBRE.

Residential

Passive estate to be built in Żabia Wola

schedule 31 July 2013

POLAND Taurus Development Holding 2, an SPV company owned by UK developer Taurus Development, has acquired financing for a project to build the Willa Arcadia passive house estate.

Polimex sells Zakład Zabezpieczeń Antykorozyjnych

schedule 31 July 2013

POLAND Polimex-Mostostal has concluded a contract to sell the Zakład Zabezpieczeń Antykorozyjnych [Corrosion Protection Factory] in Dębica to Weldom.

Awbud to build mouldings factory in Skawina

schedule 31 July 2013

POLAND Awbud has been commissioned by Przedsiębiorstwo Innowacyjnego Odlewnictwa Specodlew to build the Zakład Odlewnictwa mouldings factory in Skawina, Wielkopolska.

Changes to Sinsay and Gino Rossi stores in Galeria Malta

schedule 31 July 2013

POLAND LPP group brand Sinsay is to double the size of its boutique in Galeria Malta in Poznań, while Gino Rossi is changing its current location in the shopping centre.

Retail & leisure

Stara Kablownia opening put back

schedule 31 July 2013

POLAND Due to delays in completing the finishing work, the opening of the Stara Kablownia shopping centre in Czechowice-Dziedzice, Silesia, has been postponed until October.

Investment & finance

No restructuring agreement for IVG

schedule 31 July 2013

EUROPE IVG Immobilien has announced that it has failed to reach an agreement with its creditors regarding the restructuring of the company.

Office & mixed-use development

Decentralisation continues on Moscow office market

schedule 31 July 2013
Rafał Ostrowski
journalist

RUSSIA In H1 the zone outside the Third Transport Ring (TTR) saw the highest take-up (57 pct) of Moscow office space, according to the latest office market report by CBRE.

Residential development continues downward trend

schedule 30 July 2013

HUNGARY In the first half of 2013, 2,680 new residential units were constructed, 40 pct fewer than in the same period of the previous year, according to the Hungarian Central Statistical Office (KSH).

Metrostav buys Alpine Bau tunnel firm

schedule 30 July 2013
Nathan North
managing editor

CZECH REPUBLIC Czech construction company Metrostav has acquired Austrian firm Beton und Monierbau Tunnelling (BeMo Tunnelling) for an undisclosed price.

Good H1 for luxury hotels

schedule 30 July 2013

RUSSIA In the first half of the year, Moscow’s luxury hotels were the only segment of the city’s hotel market to perform better than in H1 2012, according to figures from Jones Lang LaSalle.

Retail & leisure

Poznań City Center to open on October 25th

schedule 30 July 2013

POLAND TriGranit Development Corporation and Europa Capital LLP, together with the Polish State Railways (PKP) have announced that the opening of the shopping centre section of the Poznań City Center development will take place on October 25th.

Retail & leisure

Avans in Sukcesja

schedule 30 July 2013

POLAND Electronic goods chain Avans has signed a lease for space in the Sukcesja shopping and entertainment centre, which is being developed in Łódź.

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