News

Residential

Arco Vara to build Manastirski Livadi complex

schedule 14 November 2013
Rafał Ostrowski
journalist

BULGARIA Arco Manastirski, the Bulgarian subsidiary of Estonian real estate group Arco Vara, has contracted Komfort to construct 132 apartments and 86 underground parking spaces (blocks ‘A’ and ‘B’) in the Manastirski Livadi residential complex.

Investment & finance

Plaza Centers to default on bond repayments

schedule 14 November 2013
Nathan North
managing editor (English section)

CEE REGION Israeli-owned CEE shopping centre developer Plaza Centers has announced that it will be unable to make an app. EUR 15 mln payment due to Polish bondholders on November 18th 2013 and an app. EUR 17 mln payment due to Israeli bondholders on December 31st 2013.

Retail & leisure

Kyiv to see record retail space delivery in 2014

schedule 14 November 2013
Rafał Ostrowski
journalist

UKRAINE In 2014 Kyiv’s retail real estate is to witness a record-breaking new supply of 470,000 sqm due to the completion of several large complexes, according to Jones Lang LaSalle.

Office & mixed-use development

Cisco leases half of Enterprise Park phase II

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

POLAND Cisco Poland has leased 7,000 sqm of office space in Enterprise Park in Kraków’s Podgórze district.

Construction

Work begins on DomExpo centre

schedule 13 November 2013
Aneta Cichla

POLAND Construction work on an exhibition centre for the construction and interior design sectors has started at the junction of Trasa Toruńska and ul. Modlińska in Warsaw.

Warehouse & industrial

Karlovarská BP fully leased

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

CZECH REPUBLIC The Karlovarská Business Park in Prague 6 is now fully-leased after two contracts were signed.

Best Q3 since crisis

schedule 12 November 2013

EUROPE The value of investment transactions on the commercial property market in Q3 2013 increased by 17.7 pct compared to the same period last year, according to research by Cushman & Wakefield.

Unibep contracted by Dom Development

schedule 12 November 2013
Aneta Cichla

POLAND Unibep has been chosen to be the general contractor by Dom Development for the first stage of the Apartamenty Saska nad Jeziorem estate in Warsaw.

Orbis finishes Q3 on the up

schedule 12 November 2013

POLAND For the third quarter the like-for-like EBITDA of the Orbis hotel group amounted to PLN 69.8 mln compared to PLN 60.9 mln in 2012.

Retail & leisure

TK Development and BPH fund plan CK 61 extension

schedule 12 November 2013
Ewa Andrzejewska

POLAND The Centrum Krakowska 61 shopping centre in Warsaw’s Włochy district is to be extended, ‘Eurobuild CEE’ has discovered.

Investment & finance

Emerson buys plant for EUR 10 mln

schedule 12 November 2013
Nathan North
managing editor (English section)

HUNGARY US-owned manufacturer Emerson Process Management Magyarország has bought a 25,000 sqm industrial building on a 12 ha site in the Sóstó Industrial Park in Székesfehérvár (central Hungary).

Warehouse & industrial

DSV leases more from Panattoni

schedule 12 November 2013
Nathan North
managing editor (English section)

POLAND Logistics company DSV Group has leased more than 1,660 sqm in Panattoni Park Gdańsk and renewed its lease of 5,500 sqm in Panattoni Park Czeladź.

Retail & leisure

Kuntsevo Plaza to open next August

schedule 12 November 2013
Rafał Ostrowski
journalist

RUSSIA The Kuntsevo Plaza mixed-use centre, which is being built on Yartsevskaya street in Moscow by Enka TC, is to be opened in August next year.

Warehouse & industrial

TechData expands by 16,000 sqm in CTPark Bor

schedule 12 November 2013
Nathan North
managing editor (English section)

CZECH REPUBLIC IT technology distributor TechData Distribution has leased an additional 16,000 sqm CTPark Bor in the Plzeň region.

Warehouse & industrial

Gorsaco moves into VGP Horní Počernice

schedule 12 November 2013
Nathan North
managing editor (English section)

CZECH REPUBLIC Gorsaco, a manufacturer of POP and POS displays from corrugated cardboard, has leased 1,900 sqm in VGP Park in Horní Počernice (Prague 20).

Office & mixed-use development

AFI Park ‘2’ leased to Electronic Arts

schedule 12 November 2013
Rafał Ostrowski
journalist

ROMANIA AFI Europe has leased out the entire AFI Park ‘2’ office building in Bucharest to Electronic Arts.

Retail & leisure

Smyk and Empik to open in Galeria Amber

schedule 12 November 2013
Nathan North
managing editor (English section)

POLAND Two new tenants have signed leases for space in Galeria Amber in Kalisz.

Investment & finance

Finep sells City West B1

schedule 12 November 2013
Nathan North
managing editor (English section)

CZECH REPUBLIC Cimex has bought the City West B1 office building from Finep in Stodůlky (Prague 13) for an undisclosed sum, in what Finep claims to be one of the largest transactions in the last three years

Investment & finance

Riga Plaza receives EUR 59 mln injection

schedule 12 November 2013
Nathan North
managing editor (English section)

LATVIA Plaza Centers’ 50 pct Latvian subsidiary has obtained a EUR 59.3 mln refinancing loan for the Riga Plaza shopping centre.

Hotels

Mebe to build USD 50 mln hotel in Khimki

schedule 12 November 2013
Rafał Ostrowski
journalist

RUSSIA Mebe Development is to build a four-star Mercure hotel in Khimki in the Moscow region.

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