News

Inpro sells 448 apartments

POLAND In the first eleven months of 2013 the Inpro group signed 448 sales contracts and handed over 419 apartments to buyers – an increase of over 50 pct on the previous year.

Skanska builds Krośnice swimming baths

POLAND The foundation stone has been laid by general contractor Skanska for an indoor swimming pool in Krośnice (within the Milicz administrative district).

Property and Facility Management

CBRE to manage Domaniewska 45

POLAND CBRE has been appointed to manage the Domaniewska 45 office building in Warsaw’s Mokotów business district.

Work begins on Palanga concert hall

LITHUANIA The foundation stone has been laid for a 4,500 sqm summer concert hall in Palanga.

Campus extension for MOME

HUNGARY The Moholy-Nagy University of Art and Design in Budapest (MOME) is to invest over EUR 35 mln in new buildings on its campus.

The Eurobuild Awards 2013: The Popular Choice Awards

At this year’s Eurobuild Awards at the Hilton Warsaw Hotel on December 5th two winners were decided by a public vote.

Eurobuild Awards 2013: the results! (CEE region)

At the Eurobuild Awards on December 5th, the jury selected the best performers in the real estate and construction sector across Central and Eastern Europe.

The Eurobuild Awards 2013: the results!

For the fourth time a jury composed of 200 professionals and experts from the real estate and construction sectors has honoured the most important projects and deals and the best performers on the Polish market.

Eurobuild Tenant Awards 2013: the tenants have spoken

The Eurobuild Awards are not only decided by the jury. The winners of five awards were chosen by tenants of the properties.

The Lifetime Achievement Award: Eugene Golub

With 50 years’ experience on the real estate market, Eugene Golub has been responsible for transactions with a combined value of over USD 7 bln.

A grand total of PLN 70,435 was raised on the night of the Eurobuild Awards 2013 for the foundation

Retail & leisure

Permit for Kutuzovsky Prospekt mall

RUSSIA TPS Nedvizhimost [ТПС Недвижимост] has obtained a building permit for a shopping centre development on Moscow's Kutuzovsky Prospekt near the Slavyansky Boulevard metro station.

Residential

Yareal to develop Sadyba estate

POLAND Yareal Polska is to develop the Rezydencja Konstancińska residential estate on ul. Konstancińska in Warsaw’s Sadyba district.

Budimex to bring historic Praga hospital up-to-date

POLAND Budimex has been awarded a contract to modernise building ‘A’ of the Szpital Praski p.w. Przemienienia Pańskiego hospital in Warsaw's Praga district.

Marvipol raises PLN 60 mln from bond issue

POLAND Institutional financial investors have bought up PLN 60 mln worth of Marvipol’s three-year bonds.

Retail & leisure

Car park completed for Galeria Pomorska

POLAND The preliminary stage of the work preceding the extension of Galeria Pomorska in Bydgoszcz has been completed.

Office & mixed-use development

Astrum Business Park arises in Warsaw

POLAND Construction work is underway on the Astrum Business Park office complex in Warsaw’s Włochy district.

Acrimonious bankruptcy for Ameerikanurga developer

ESTONIA Süda Maja, the developer of the Ameerikanurga mixed-use development near Tallinn, has filed for bankruptcy, with the company’s main shareholder Andres Järving accusing fellow shareholder and former CEO Veiko Murruste of illicit business practices.

Retail & leisure

Mega malls in the Moscow pipeline

RUSSIA The 510,000 gba Avia Park and the 277,000 sqm gba Columbus centres top the ranking of the largest malls in the pipeline on the Moscow market, according to retail consultancy Magazin Magazinov.

Construction

PSJ to build Nebo Nizhny Novgorod

RUSSIA Czech constructor PSJ has won the tender for the completion of the Nebo shopping centre in Nizhny Novgorod.