News

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.

Hotels

Orbis modernises Piotrków hotel

schedule 14 August 2013
Aneta Cichla

POLAND The Mercure Piotrków Trybunalski Vestil hotel is undergoing renovations.

Residential

Le Village reaches next stage

schedule 14 August 2013

POLAND Bouygues Immobilier is to start the construction of the latest stage of the Le Village estate in Józefosław near Warsaw.

Residential

Better sales for Unidevelopment

schedule 13 August 2013

POLAND Unidevelopment has sold 97 apartments since the beginning of the year, an improvement on the entire previous year when only 70 sales contracts were signed.

Pessimism but some positivity, says RICS

schedule 13 August 2013
Aneta Cichla

EUROPE Poland is one of the most attractive markets for investors, according to the Global Commercial Property Survey by the RICS, despite Polish market experts being more pessimistic than those in Germany.

UOKiK says thrice yes

schedule 13 August 2013
Aneta Cichla

POLAND UOKiK, the Office of Competition and Consumer Protection, has issued three decisions impacting on the real estate market.

Warehouse & industrial

New faces in Millenium Logistic Parks

schedule 13 August 2013

POLAND Pcms has leased over 4,100 sqm in the MLP Tychy logistics park.

Kopahaus debuts on Catalyst market

schedule 13 August 2013
Aneta Cichla

POLAND Korporacja Budowlana Kopahaus of Barlinek has listed on the Catalyst stock market.

Slide in land prices slows

schedule 13 August 2013
Nathan North
managing editor (English section)

POLAND Around 80–85 pct of Polish land acquisitions were for sites in Warsaw in H1, according to a report by Colliers International.

Profit growth for X5

schedule 13 August 2013
Rafał Ostrowski
journalist

RUSSIA Food retailer X5 Retail Group recorded app. USD 4.2 bln in net sales in the second quarter, representing a growth of 5.9 pct y-o-y.

Residential

More stages launched of Browar Lubicz

schedule 13 August 2013
Aneta Cichla

POLAND Balmoral Properties is continuing work on the construction of the Browar Lubicz estate in Kraków.

Investment & finance

Twierdza Modlin sold... at last

schedule 13 August 2013

POLAND A buyer has finally been found for Twierdza Modlin in the ninth auction of the 19th century fortress.

Warehouse & industrial

Prologis leases half a million in H1

schedule 13 August 2013
Nathan North
managing editor (English section)

CEE REGION Prologis signed lease agreements for 498,000 sqm in the CEE region in the first half of the year, according to a statement by the company.

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