News

Profit growth for X5

schedule 13 August 2013
Rafał Ostrowski
journalist

RUSSIA Food retailer X5 Retail Group recorded app. USD 4.2 bln in net sales in the second quarter, representing a growth of 5.9 pct y-o-y.

Residential

More stages launched of Browar Lubicz

schedule 13 August 2013
Aneta Cichla

POLAND Balmoral Properties is continuing work on the construction of the Browar Lubicz estate in Kraków.

Investment & finance

Twierdza Modlin sold... at last

schedule 13 August 2013

POLAND A buyer has finally been found for Twierdza Modlin in the ninth auction of the 19th century fortress.

Warehouse & industrial

Prologis leases half a million in H1

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

CEE REGION Prologis signed lease agreements for 498,000 sqm in the CEE region in the first half of the year, according to a statement by the company.

Warehouse & industrial

Best Price leases 10,700 sqm

schedule 13 August 2013
Rafał Ostrowski
journalist

RUSSIA Best Price [Бэст Прайс], the parent company of the supermarket chain Fix Price, has leased 10,700 sqm in the Aerobus warehouse complex [Аэробус] close to Voronezh.

Retail & leisure

First two tenants in Galeria Neptun

schedule 13 August 2013
Rafał Ostrowski
journalist

POLAND Intermarché has leased 2,474 sqm and CCC will occupy 491 sqm of retail in the Galeria Neptun shopping centre in Starogard Gdański.

PIK Group buys land for residential complex

schedule 12 August 2013
Rafał Ostrowski
journalist

RUSSIA PIK Group has acquired 96.2 pct of the shares of the Tretii Taksomotorny Park [3-ий таксомоторныйпарк] taxi company, the owner of a 1,6 haplot located on Vavilov street in an upmarket district to the southwest of Moscow’s historic centre.

LSR starts work on 140,000 sqm residential project

schedule 12 August 2013
Rafał Ostrowski
journalist

RUSSIA LSR Group has started the construction and pre-sales of the Nakhabino Yasnoye residential complex in Istrinsky district, 17 km west of Moscow.

Investment & finance

Altus sold to Izera

schedule 12 August 2013

POLAND A buyer has finally been found for the Altus building in Katowice: Izera, which has bought the property for PLN 185 mln after three public auctions.

Mostostal Warszawa borrows PLN 38 mln

schedule 12 August 2013
Aneta Cichla

POLAND Mostostal Warszawa has borrowed EUR 9 mln (app. PLN 38 mln) from Acciona Infraestructuras.

Investment & finance

UGL announces plans for DTZ demerger

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

WORLD Australian construction group UGL has today officially announced its plans for a demerger with DTZ. Both companies are to be listed on the Australian Securities Exchange (ASX), with UGL to revert to focusing on construction and engineering and DTZ to concentrate on property services.

Investment & finance

Central Group makes bid for Dancing House

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

CZECH REPUBLIC Residential developer and investor Central Group has today officially offered to buy Tančící dům (the Dancing Building or ‘Fred and Ginger’) in Prague for CZK 250 mln (app. EUR 9.65 mln).

Warehouse & industrial

Heineken DC and Flex Park for sale

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

CZECH REPUBLIC Heineken is to sell its former distribution centre in Stodůlky on the southwestern outskirts of Prague.

Lower profits for Berlin Hyp

schedule 12 August 2013

EUROPE Berlin Hyp generated EUR 51.2 mln before tax and profit transfer in the first half, lower than the result for H1 2012 when the company made EUR 57 mln.

Hotels

Hampton by Hilton lands in Warsaw

schedule 12 August 2013

POLAND Hilton Worldwide has announced the opening of the Hampton by Hilton Warsaw Airport, its 29th airport hotel in Europe.

Investment & finance

Creditors outline IVG restructuring plan

schedule 12 August 2013

EUROPE The creditors of IVG Immobilien have put forward a restructuring plan for the company, which among other measures includes a simplified capital reduction down to 0.5 pct of the share capital of the company as well as a debt-to-equity swap (after which the creditors will hold 80 pct of the company's share capital).

Architecture and urban planning

Bydgoszcz station redesigned

schedule 12 August 2013
Aneta Cichla

POLAND Polish State Railways (PKP) has chosen the architectural concept for the modernisation of the Bydgoszcz Główna railway station.

Office & mixed-use development

Loan of PLN 904 mln for Warsaw Spire

schedule 09 August 2013
Ewa Andrzejewska

POLAND Ghelamco has been granted a loan of almost PLN 904 mln for the development of its Warsaw Spire office complex.

Penta poised to buy Mediq Apteka

schedule 09 August 2013
Aneta Cichla

POLAND/CZECH REPUBLIC Czech private equity group Penta Investments is to takeover Polish pharmacy chain Mediq Apteka.

Retail & leisure

Carry takes 800 sqm in Europa Centralna

schedule 09 August 2013

POLAND Fashion retailer Carry is to open an 800 sqm store in the Europa Centralna shopping centre in Gliwice.

Edition 9 (301) September 2025

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