News

Warehouse & industrial

Largest warehouse supply in five years

schedule 06 August 2013
Rafał Ostrowski
journalist

RUSSIA The total stock of class ‘A’ warehouse space to be delivered this year in the Moscow region will reach record levels, according to predictions from CBRE.

Retail & leisure

TK Development sells Vilnus shopping centre project

schedule 05 August 2013
Rafał Ostrowski
journalist

LITHUANIA TK Development has conditionally sold the DomusPro retail park project inVilnius.

Warehouse & industrial

Segro Industrial Park Wrocław signs up second tenant

schedule 05 August 2013

POLAND FMCG company Specjał has leased 4,500 sqm of warehouse and office space within Segro Industrial Park Wrocław.

Line Cinema to open in River Plaza

schedule 05 August 2013

ROMANIA Sonae Sierra has signed a lease agreement with Line Cinema to open a two-screen cinema in December in the River Plaza Mall in Râmnicu Vâlcea.

EUR 343 mln loan for X5

schedule 05 August 2013
Rafał Ostrowski
journalist

RUSSIA X5 Retail Group has been granted a RUB 15 bln club loan (EUR 343 mln) for refinancing an existing loan.

Historic Bucharest building to become office and retail centre

schedule 05 August 2013

ROMANIA Folli Follie subsidiary Elmec Romania, the owner of a number of popular clothing brands, has begun work on a construction project on Ion Câmpineanu street in the centre of Bucharest.

Office & mixed-use development

Orange headquarters ready

schedule 05 August 2013

POLAND The Miasteczko Orange business complex in Warsaw has been completed. Orange Group plans to move to its new headquarters in September.

Architecture and urban planning

Building permit for Hala Buddów

schedule 05 August 2013

POLAND A building permit has been granted for Hala Buddów, a Buddhist centre in Warsaw.

Warehouse & industrial

Panattoni to build production hall for Polaris Industries

schedule 05 August 2013

POLAND Quad, snowmobile and electric vehicle producer Polaris Industries is to lease 33,000 sqm in a BTS production hall to be developed by Panattoni in Opole, within the ‘Invest-Park’ Wałbrzych Special Economic Zone.

Property and Facility Management

DTZ appointed property manager for three Arka properties

schedule 05 August 2013

POLAND DTZ has been appointed as property manager for three buildings owned by Arka BZ WBK Real Estate Investment Fund FIZ with a combined area of around 20,000 sqm.

Mixed results for Immofinanz

schedule 05 August 2013

EUROPE Immofinanz Group has announced that its results from operations for the 2012/13 financial year (May 2012–April 2013) totalled EUR 542.1 mln, representing a 15.3 pct increase of EUR 71.9 mln.

Brochocki leases 7,000 sqm of Warsaw offices

schedule 02 August 2013

POLAND Kancelaria Brochocki has recently acted as the agent in the signing of lease contracts for a total of app. 7,000 sqm of Warsaw office space.

Wrobis to build Zgorzelec hospital wing

schedule 02 August 2013

POLAND Wrobis, a subsidiary of Mostostal Warszawa, has been awarded a contract by WS-SP ZOZ w Zgorzelcu for the construction of a new wing of the hospital.

Brembo Poland invests PLN 120 mln in Kraków Technology Park

schedule 02 August 2013

POLAND The management board of the Kraków Technology Park has issued a permit to Brembo Poland for business operations within the Kraków Technology Park special economic zone.

Office & mixed-use development

BSH to build shared service centre in Łódź

schedule 02 August 2013

POLAND BSH Sprzęt Gospodarstwa Domowego (a subsidiary of BSH Bosch und Siemens Haugerate) has obtained a building permit for business operations in the Łódź Special Economic Zone.

Bilfinger loses case against GDDKiA

schedule 02 August 2013

POLAND Bilfinger Berger Budownictwo (currently Bilfinger Infrastructure) has lost a court case against the General Directorate of National Roads and Motorways (GDDKiA).

Stalexport Autostrady profits exceed PLN 20 mln

schedule 02 August 2013

POLAND Stalexport Autostrady generated over PLN 20.63 mln of net profit in H1 2013 while revenue exceeded PLN 94 mln.

Retail & leisure

Rywal extension work underway in Biała Podlaska

schedule 02 August 2013

POLAND Real Estate InwestorBP (formerly Biuro Prawno-Finansowe Inwestor) has chosen Polbud to be the general contractor for the extension work on the Rywal shopping centre in Biała Podlaska.

Investment & finance

Portico Investments buys in Nowy Dwór Mazowiecki

schedule 02 August 2013

POLAND Portico Investments has acquired a retail facility in Nowy Dwór Mazowiecki in Warsaw’s northern outskirts.

Falling occupancy for St Petersburg luxury hotels

schedule 02 August 2013
Rafał Ostrowski
journalist

RUSSIA An 8 pct y-o-y decrease in occupancy for luxury hotels in St Petersburg was recorded H1, according to the latest data from Jones Lang LaSalle’ Hotels & Hospitality Group.

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