News

Hyatt to open six hotels in Russia

schedule 04 November 2013
Rafał Ostrowski
journalist

RUSSIA International hotel chain Hyatt is planning to open six hotels in Russia by 2017.

Hefal Serwis to build production hall in Wodzisław Śląski

schedule 31 October 2013

POLAND Hefal Serwis has been granted a PLN 234,000 loan by Bank Zachodni WBK which is worth PLN 234,000 and is to be used to finance the acquisiton of a plot in Wodzisław Śląski, which the company bought in an open tender procedure for PLN 343,000.

Residential

Luxury apartments in Morskie Oko

schedule 31 October 2013

POLAND Investor Myoni Group has a final building permit for its Apartamenty Morskie Oko project residential project in Warsaw’s Mokotów district.

Construction

Two projects for Skanska

schedule 31 October 2013
Aneta Cichla

POLAND Skanska has laid the foundation stone for a veterinary clinic in Poznań.

Residential

Second stage of Kamienica Ordynacka’s revitalization

schedule 31 October 2013
Aneta Cichla

POLAND Following the renovation of the interior of a one-hundred-year-old tenement house on ul. Okólnik and ul. Ordynacka in Warsaw, work has begun on the conversion of the building’s loft area into apartments.

Budimex goes to university

schedule 31 October 2013
Aneta Cichla

POLAND Budimex has been appointed the general contractor of a sports hall for the Poznań University of Technology with a contract worth PLN 26.4 mln.

New taxes to hit Russian real estate

schedule 31 October 2013
Rafał Ostrowski
journalist

RUSSIA Changes to the tax code have been passed by the Federation Council that could impact the value of real estate by reducing its income, according to an assessment by Jones Lang LaSalle.

Cushman to manage PSN portfolio

schedule 31 October 2013
Rafał Ostrowski
journalist

RUSSIA Cushman & Wakefield has been chosen as the facility manager for three business centres owned by PSN Group in southeast Moscow.

Residential

Morton to develop EUR 840 mln residential project

schedule 31 October 2013
Rafał Ostrowski
journalist

RUSSIA Investment and development company Morton is to develop the RUB 37 bln (EUR 840 mln) Vostochnoye Butovo [Восточное Бутово] residential project in Bobrovo south of Moscow.

Office & mixed-use development

UNESCO “not consulted” over Old Town office project

schedule 30 October 2013

POLAND The Polish National Commission for UNESCO has denied that it has ever been consulted over the Plac Zamkowy–Business with Heritage office and retail project in Warsaw’ Old Town.

Warehouse & industrial

Eveline to stay in Tulipan Park Warszawa

schedule 30 October 2013

POLAND Polish make-up producer Eveline Cosmetics has prolonged its lease in Tulipan Park Warszawa.

Construction

Takeda factory under construction

schedule 30 October 2013
Aneta Cichla

POLAND The foundation stone has been laid for a medicine factory in Łyszkowice near Łowicz.

Residential

Olimpia Port gets bigger

schedule 30 October 2013

POLAND Archicom is soon to start the construction work on the fourth stage of the Olimpia Port estate in Wrocław.

Hotels

Zdrojowa Invest buys Kołobrzeg project

schedule 30 October 2013

POLAND Zdrojowa Invest has acquired the Diune Hotel***** & Resort hotel and apartment project in Kołobrzeg from BNP Paribas Bank.

Investment & finance

CZK 2 bln loaned for Quadrio

schedule 30 October 2013
Nathan North
managing editor (English section)

CZECH REPUBLIC A loan of CZK 2 bln (EUR 78 mln) is to be provided by Helaba and UniCredit Czech Republic for the Quadrio mixed-use development in Prague city centre.

Retail & leisure

First stone for Lublin castle mall

schedule 30 October 2013
Nathan North
managing editor (English section)

POLAND The foundation stone has been laid for the Tarasy Zamkowe shopping centre project in Lublin.

Residential

MirLand borrows USD 96 mln from SberBank

schedule 30 October 2013
Rafał Ostrowski
journalist

RUSSIA MirLand subsidiary Petra 8 has secured a non-revolving credit line of up to USD 96 mln from SberBank.

Office & mixed-use development

ROMANIA What goes up must come down

schedule 30 October 2013
Alex Hayes
journalist

ROMANIA The 18-storey 25,000 sqm Cathedral Plaza office building in Bucharest is unlikely to be demolished this year, as has been ordered by a court in Ploiești, because it is unclear who is to pay for the work.

Capital Park to list on WSE

schedule 30 October 2013

POLAND The Capital Park group has announced plans to debut on the Warsaw Stock Exchange.

Griffin sues Poland

schedule 30 October 2013

POLAND Griffin Group has begun legal action against the Republic of Poland.

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