News

Vilnius IKEA ready for August opening

schedule 29 July 2013

LITHUANIA The first IKEA store in the Baltic states is to open on August 14th in Vilnius, local media reports.

Retail & leisure

SEB finances Ülemiste Center with EUR 84.5 mln loan

schedule 29 July 2013

ESTONIA The Ülemiste Center mall in Tallinn has been granted a five-year loan facility worth EUR 84.5 mln.

Stronger office marker in Iași

schedule 29 July 2013

ROMANIA At the end of June 2013, modern office stock in Iași stood at round 142,200 sqm according to a report just published by Jones Lang LaSalle.

Retail & leisure

Construction work on Gryf mall to start soon

schedule 29 July 2013

POLAND The Gryf shopping centre, which is to be built at the junction of ul. Pomorska and al. Jana Pawła II in Starogard Gdański, has been granted a final building permit.

Retail & leisure

Helly Hansen to debut in Poland

schedule 29 July 2013
Aneta Cichla

POLAND Norwegian outdoor fashion retailer Helly Hansen is about to enter the Polish market.

Unibep to build Lublin swimming complex

schedule 29 July 2013
Aneta Cichla

POLAND Unibep is to construct an indoor swimming pool complex in Lublin.

Retail & leisure

Praktika Development to buy USD 450-500 mln mall

schedule 29 July 2013
Rafał Ostrowski
journalist

RUSSIA Praktika Development [Практика девелопмент] is negotiating the acquisition of the unfinished River Mall inMoscow, according to Kommersant.

Office & mixed-use development

DFDS to come to Poznań

schedule 29 July 2013

POLAND Logistics provider DFDS has signed a five-year lease for 1,600 sqm of office space in the Globis Poznań building

Investment & finance

Marr Capital to sell 13.8 ha plot

schedule 29 July 2013

ROMANIA Marr Capital has put up for sale a 13.8 ha plot for an asking price of EUR 4.45 mln in Corbeanca near Bucharest.

Canon shoots into Marina Office Center

schedule 26 July 2013
Nathan North
managing editor (English section)

CZECH REPUBLIC Japanese electronics goods producer Canon and its Dutch subsidiary Océ have decide to consolidate their Prague headquarters in a new location in the Marina Office Center.

Office & mixed-use development

Work starts on Morskaya Stolitsa

schedule 26 July 2013
Rafał Ostrowski
journalist

RUSSIA RosStroiInvest has started the construction of Morskaya Stolitsa mixed-use centre in St Petersburg’s Nevsky district.

Retail & leisure

Meganom expanding

schedule 26 July 2013
Rafał Ostrowski
journalist

UKRAINE UDP, the investor of the Meganom shopping centre in Symferopol in the Crimea, is planning to open the second phase of the project by September.

Retail & leisure

Maza Park debuts in St Petersburg

schedule 26 July 2013
Rafał Ostrowski
journalist

RUSSIA Maza Park, a new brand of entertainment centres, is to open its first two locations in St Petersburgin an investment of EUR 30 mln.

Intersport ends Q2 with a loss

schedule 26 July 2013
Aneta Cichla

POLAND Intersport Poland generated PLN 10.1 mln lower sales revenue compared to Q2 last year when it was PLN 61.7 mln (last year’s increase was a result of the sales of Euro 2012-related products).

Investment & finance

Echo loan from German bank

schedule 26 July 2013
Aneta Cichla

POLAND Development company Echo Investment has borrowed PLN 450.2 ml from German bank Hypothekenbank Frankfurt for the acquisition of the Pasaż Grunwaldzki shopping centre in Wrocław.

Swimming in Świętochłowice

schedule 26 July 2013
Aneta Cichla

POLAND Gliwickie Przedsiębiorstwo Budownictwa Przemysłowego, a subsidiary of Mostostal Zabrze-Holding, and Przedsiębiorstwo Usługowo-Produkcyjno-Handlowe Budowlani, are to jointly construct a municipal swimming baths in Świętochłowice.

Retail & leisure

Makrum and Tesco tear up contract

schedule 26 July 2013
Aneta Cichla

POLAND Makrum, which had been planning to develop the Makrum shopping centre in Bydgoszcz, has reached an agreement with Tesco Polska to terminate the latter’s pre-lease contract.

Czerwona Torebka bonds to be issued for Małpka buyout

schedule 26 July 2013
Aneta Cichla

POLAND An extraordinary meeting of shareholders of the Czerwona Torebka group has approved the issue of 21.8 mln bonds

Retail & leisure

Successful June for Nova Park

schedule 26 July 2013
Aneta Cichla

POLAND In June the turnover of the Nova Park shopping centre in Gorzów Wielkopolski increased by 32 pct y-o-y.

Retail & leisure

Galeria Tęcza draws in 2.4 mln shoppers

schedule 26 July 2013
Aneta Cichla

POLAND In H1 2013 the Galeria Tęcza shopping centre in Kalisz recorded a footfall of 2.4 mln people.

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