News

POLAND Polimex-Mostostal has concluded a preliminary sales agreement and is to sell the Zakład Zabezpieczeń Antykorozyjnych factory in Częstochowa to Ocynkownia Ślask.

Penta reports profit of EUR 147 mln

CEE REGION The value of the assets of the Penta Investments group amounted to over EUR 1.42 bln net in 2012, while the group’s net profit came to EUR 147 mln.

Retail & leisure

Largest IKEA in Poland now open

POLAND IKEA’s largest store in Poland has been opened in Wrocław’s Bielany district.

Ronson sees revenue rise

POLAND Residential developer Ronson Europe has registered an increase in its revenue to PLN 54.2 mln for Q1 2013 up from PLN 7.3 mln in the same period of the previous year.

Gant short of PLN 10 mln

POLAND The development company Gant Development has failed to redeem its bonds in due time.

Retail & leisure

Doors open at Galeria Solna

POLAND The Galeria Solna shopping centre in Inowrocław developed by Libra Project and Acteeum Central Europe opened on May 8th.

The trains are late

POLAND The city of Warsaw has signed an agreement with the consortium constructing the central section of the second metro line to put back the completion date of the project.

Jones Lang LaSalle to manage two CA Immo buildings

CZECH REPUBLIC CA Immo has appointed Jones Lang LaSalle to manage its Kavčí Hory and Technopark office buildings in Prague.

Mega Mall closer to starting line

ROMANIA Construction work could soon begin on the Mega Mall shopping centre project in Bucharest after negotiations are concluded on 15,000 sqm of space.

ROMANIA Cinema City International has signed two leases with AFI Europe and is to open cinemas in the AFI Palace B.NOI project in Bucharest and in the AFI Palace Ploiesti mall now under construction in Ploiesti.

Warehouse & industrial

13,800 sqm leased in Panattoni Park Pruszków

POLAND Panattoni Europe has signed three lease contracts at Panattoni Park Pruszków for more than 13,800 sqm of warehouse space.

Work begins on Liberty Park

ROMANIA Construction work has begun on Liberty Technology Park Cluj, which is being developed by Fribourg development near Cluj-Napoca.

Srđ golf resort – the people have not spoken

CROATIA A referendum to block the development of a golf resort on Srđ mountain above the city of Dubrovnik has failed due to low turnout.

Happy days again for Warsaw offices?

POLAND More than 300,000 sqm of new office space is expected to be delivered to the Warsaw market in this year, according to CBRE.

Appeninn acquires Gellért Hill property

HUNGARY Appeninn Holding has bought a 3,000 sqm office and residential complex on Budapest's exclusive Gellért Hill.

Wirtualna keeps it real in Sienna Center

POLAND Wirtualna Polska has renewed its lease of 1888 sqm of office space in Sienna Center in Warsaw.

Green projects

Oxygen Park receives BREEAM

Nathan North
managing editor

POLAND The Oxygen Park office project in Warsaw has been awarded a BREEAM certificate at the ‘Very Good’ level.

East Capital Baltic Property Fund II goes shopping

LATVIA East Capital Baltic Property Fund II has purchased a retail property in Riga, which is leased to Prisma Hypermarket.

Michelin rolls into Global City

ROMANIA Michelin Romania has leased app. 3,000 sqm in Global City Business Park in Bucharest.

CFE Polska general contractor for Wola Tarasy