News

Investment & finance

Morgan Stanley and Hines partner up in Moscow

schedule 11 July 2013
Rafał Ostrowski
journalist

RUSSIA The Morgan Stanley Real Estate Investing (MSREI) fund has sold a stake in the 205,000 sqm Metropolis shopping centre in Moscow to Hines CalPERS Russia Long Term Hold Fund (HCRLTH).

Pbb provides loan for Charter Hall acquisition

schedule 11 July 2013
Nathan North
managing editor (English section)

POLAND Pbb Deutsche Pfandbriefbank has announced that it is providing a loan of EUR 120 mln loan to a fund advised by Tristan Capital Partners for its acquisition of a Polish retail portfolio.

Hotels

Best Western to open in Opole

schedule 11 July 2013
Aneta Cichla

POLAND A new Best Western hotel is to open in the autumn in Opole. The three-star hotel on ul. Waryńskiego will offer 28 guest rooms and two suites, as well as a restaurant, a bar, and a conference room.

CCC to open in Germany

schedule 11 July 2013
Aneta Cichla

POLAND Polish footwear chain CCC is to enter the German market. The company has established a subsidiary for the country, CCC Germany, with its head office in Frankfurt.

Record Moscow shopping centre supply in Q2

schedule 11 July 2013
Rafał Ostrowski
journalist

RUSSIA Moscow’s shopping centre stock increased by 107,200 sqm gla in the second quarter of 2013, according to data from Jones Lang LaSalle

Euro Styl prepares new TriCity apartments

schedule 11 July 2013
Aneta Cichla

POLAND TriCity developer Euro Styl is preparing new residential projects in Gdańsk and Gdynia.

Small in Poznań for Monday Development

schedule 11 July 2013
Aneta Cichla

POLAND Monday Development is planning to build a small office building in Poznań.

La Senza pulls out of Polish market

schedule 11 July 2013
Aneta Cichla

POLAND Lingerie retailer La Senza has shut down the last store in the country.

Argo to take NEPI and Volksbank to court

schedule 10 July 2013

ROMANIA Argo Real Estate Opportunities Fund has announced that it has begun legal proceedings against its rival New Europe Property Investments (NEPI) and Argo’s lender Osterreichische Volksbanken-Aktiengesellschaft (Volksbank).

Retail & leisure

GTC shuts up shop in Suceava

schedule 10 July 2013

ROMANIA Globe Trade Centre has closed Suceava Mall in north-eastern Romania after the withdrawal of its anchor Penny Market.

Hotels

Hotel Praha demolition provokes fury

schedule 10 July 2013
Nathan North
managing editor (English section)

CZECH REPUBLIC PPF group, which bought the Hotel Praha in Prague last month, has confirmed plans to demolish the communist-era building.

Eften finalises purchase of five Estonian properties

schedule 10 July 2013

ESTONIA Eften Real Estate Fund has acquired a portfolio of five Estonian assets from EPI Baltic I for EUR 30.5 mln.

Hotels

Four Seasons opens in Petersburg

schedule 10 July 2013
Rafał Ostrowski
journalist

RUSSIA The Four Seasons Hotel Lion Palace has opened in St Petersburg.

Avrig 35 stake to be sold

schedule 10 July 2013

ROMANIA Two investors have expressed an interest in purchasing a 30 pct stake in developer Avrig 35, local media reports.

Office & mixed-use development

First ComCity stage to open in January

schedule 10 July 2013
Rafał Ostrowski
journalist

RUSSIA PPF Real Estate Russia is planning to deliver the first stage of the ComCity office complex in New Moscow in January 2014.

Office & mixed-use development

Huawei moves to Tower Center

schedule 10 July 2013

ROMANIA Chinese mobile phone producer Huawei has leased 2,500 sqm in Tower Center in Bucharest.

Warehouse & industrial

Johnson Health Tech moves into Gate One

schedule 10 July 2013
Nathan North
managing editor (English section)

POLAND Johnson Health Tech has leased 1,700 sqm at the Gate One Business Park in Warsaw

Romanian warehouses more desirable

schedule 10 July 2013

EUROPE Romania, as a country, has been ranked the eighth most desirable logistics location for 2013 in Europe by Prologis, and its position is expected to rise to fifth by 2018.

Warehouse & industrial

Ulmart leases 23,000 sqm in Severnoe Domodedovo

schedule 10 July 2013
Rafał Ostrowski
journalist

RUSSIA Electronics retailer Ulmart [Юлмарт] has leased 23,000 sqm of class ‘A’ warehouse space in the Severnoe Domodedovo industrial and logistics complex in the Moscow region.

Government reclaims EUR 172 mln for infrastructure programme

schedule 09 July 2013

ROMANIA The European Commission has approved the reimbursement of EUR 172 mln to the Romanian government under the Transport Operational Programme.

Edition 9 (301) September 2025

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