News

POLAND Eiffage Polska Budownictwo has announced the signeing of three contracts.

Modern malls comprise over one third of total stock

Office & mixed-use development

ROMANIA Third generation malls, focused on entertainment and leisure activities, now represent 38 pct of the current shopping centre stock in Romania, comprising around 573,000 sqm, according to CBRE

EUROPE Blackstone is rumoured to have already raised USD 2 bln for its Blackstone Real Estate Partners Europe IV fund according to PEI Media’s PERE publication, which quoted an anonymous source with direct knowledge of the fund.

DS Smith stays with GTC in Corius

POLAND Packaging company DS Smith Poland has extended its 300 sqm office space lease in the Corius building in Okęcie Business Park in Warsaw until 2018.

Warehouse & industrial

Good Foods joins Segro in Poznań

POLAND Rice cake producer Good Food Products has leased production and warehousing space with accompanying office space in building ‘D’ of Segro Logistics Park Poznań.

Profit up for Immofinanz

EUROPE Immofinanz Group has reported a 4.7 pct y-o-y increase in its operating profit for the first quarter of the 2013/14 financial year (beginning May 1st).

Green projects

ING to move into ‘Outstanding’ building

POLAND An office block under construction in the second stage of the GPP Business Park in Katowice is the first building in Poland and the second in Continental Europe to be awarded BREEAM with a grade of ‘Outstanding’.

Warehouse & industrial

PNK to build 50,000 sqm warehouse for Volkswagen

Rafał Ostrowski
journalist

RUSSIA PNK Group has signed an agreement with Volkswagen Group Rus for the construction of a class ‘A’ warehouse in the Moscow region.

Moscow to gain 4,500 branded rooms in three years

Rafał Ostrowski
journalist

RUSSIA The Moscow branded hotel market is to grow by 40 pct in the next three years, according to the Russian and Ukrainian Hotel Market Outlook report by Jones Lang LaSalle.

CVR Transport comes to Prologis Budapest-Harbor

HUNGARY CVR Transport has leased 5,082 sqm of warehouse space with 352 sqm of office space in Prologis Park Budapest-Harbor.

Impact faces takeover

ROMANIA The shareholding of Gheorghe Iaciu in Impact Developer & Contractor has grown to over 33 pct, the threshold at which under Romanian law he is compelled to make a mandatory takeover offer for the entire share capital of the company.

Retail & leisure

Fenix did not pay rent – claims GTC

POLAND Globe Trade Centre, the owner of Galeria Jurajska in Częstochowa, has responded to accusations made by the Fenix restaurant regarding the termination of its lease in the shopping centre.

Warehouse & industrial

TERG-Mediaexpert expands in Łódź

POLAND Panattoni Europe is extending Panattoni Park Łódź East by another 11,300 sqm.

Investment & finance

Blue Tower Plaza section for sale

POLAND Bank Pekao has put up for sale a section of the Blue Tower Plaza office building on pl. Bankowy in central Warsaw.

Elbfonds enters the fray in Kołobrzeg

POLAND Elbfonds Development has bought a 5.5 ha site in Budzistowo near Kołobrzeg, where the company is planning to develop the Marcredo Center Kołobrzeg shopping centre.

Residential

First apartment on show in Sky Tower

POLAND In Wrocław the first finished apartment has been opened for the public on the 47th floor of the Sky Tower building developed by billionaire Leszek Czarnecki.

European retail dominated by US investors

Rafał Ostrowski
journalist

EUROPE North American investors were the most active buyers in the European retail market in the first half of this year, according to the latest CBRE Research.

Retail & leisure

Media Markt in Marcredo Center Szczecin

24 September 2013