News

Grzybowska contact for Unibep

POLA ND Unibep has signed a contract with BPS Grzybowska 81 worth PLN 11.2 mln net and is to be responsible for the finishing work on the building at ul. Grzybowska 81 in Warsaw.

KIA Motors leases 2,420 sqm

RUSSIA KIA Motors Rus has leased 2,420 sqm in the Lighthouse Business Centre in Moscow’s Zamoskvorechye district.

Upper Silesia still logistically attractive

POLAND A total of app. 38,000 sqm is currently being developed on the Upper Silesian warehouse market, according to the ‘Upper Silesia Warehouse Area Market’ report published by Jones Lang LaSalle.

Wikana sells 106 apartments in H1

POLAND Lublin-based development company Wikana sold a gross number of 106 apartments in H1.

Robyg sells more apartments

POLAND Robyg sold 402 residential units in the second quarter of 2013 – a 33 pct rise on the previous quarter when it sold 303 apartments.

More apartments in Bucharest

ROMANIA Upground Estates is to develop the Floreasca 1 residential building in Bucharest’s Floreasca district.

Eften buys office building

LATVIA Eften Real Estate Fund has acquired an office building in Riga. This is the fund’s first purchase in Riga and its second in Latvia.

Etalon to deliver 467,000 sqm this year

RUSSIA Etalon Group plans to complete seventeen residential buildings this year with a net sellable area (nsa) of 467,000 sqm.

Office & mixed-use development

More Play for longer in Marynarska Business Park

POLAND Mobile phone operator Play has extended and expanded its lease in Marynarska Business Park in Warsaw.

Baby Store to open in Moscow

RUSSIA Moscow-based developer Imagine Estate plans to open the Baby Store shopping centre in the capital city in the second quarter of 2014

Office & mixed-use development

Tristan fund buys Mokotów Nova for EUR 121 mln

POLAND The CCPIII core-plus real estate fund advised by Tristan Capital Partners has agreed to buy the Mokotów Nova office complex in Warsaw from Ghelamco for EUR 121 mln net.

Investment increases by a third

RUSSIA Russian real estate investment volumes reached USD 3.7 bln in the first half of this year, according to data provided by Jones Lang LaSalle.

Murapol to build 800 apartments and prepare two projects

Węgrów centre opens

Erbud starts working in Oleśnica

18th Mercure hotel in Poland

Investment & finance

Blackstone poised to take over Multi Corporation

WORLD The European Commission has been notified of the proposed takeover of Dutch-based Multi Corporation by US-based private equity group Blackstone.

Investment & finance

Sale of Aquarius finalised

POLAND Echo Investment has closed the sale of the Aquarius Business House office building in central Wrocław.

Office & mixed-use development

Květinový dům appeals dismissed

CZECH REPUBLIC A final decision has been taken by Czech culture minister Alena Hanáková giving the final go-ahead for the demolition of a building on the corner of Wenceslas Square and Opletalova in Prague.

Office & mixed-use development

Malta House half full

POLAND Skanska Property Poland has signed four contracts for the lease of space in its Malta House office project in Poznań.