News

POLAND Wojciech Piotrowicz of the University of Oxford will speak at the 14th Retail Vision conference on May 15th in Warsaw.

Accenture Polska to open Łódź BPO centre

POLAND Accenture Polska has leased 1,700 sqm of office space in the University Business Park in Łódź.

Construction

Jeakel-Bud-Tech to extend Alfa

POLAND Jeakel-Bud-Tech has been chosen as the general contractor for the modernisation of the Alfa shopping centre in Olsztyn.

Redan sees turnover rise

POLAND The Redan capital group registered a turnover of PLN 97.5 mln in Q1 2013, representing a 12 pct increase on the same period of the previous year.

Investment & finance

Baltic Park Molo receives hug from JESSICA

POLAND Zdrojowa Invest has signed a contract to finance its Baltic Park Molo complex in Świnoujście with funds from the EU’s JESSICA initiative.

Mirbud sees profits rise

POLAND Mirbud has reported cumulative net sales revenue of PLN 88.2 mln for the first quarter of 2013 down on the PLN 100.6 mln in Q1 2012.

No demolition for Atrium Plaza or Atrium Centrum

POLAND Peakside Polonia Management is not planning to demolish the Atrium Plaza or Atrium Centrum office buildings on al. Jana Pawła II in Warsaw, despite changes that the city authorities are planning for the zoning plans for the area.

Warehouse & industrial

Two contracts signed for Business Park Rudná

CZECH REPUBLIC Two leases have been signed for Business Park Rudná in Prague West.

Millward Brown enters Wilanów Office Park

POLAND Millward Brown is to open its head office in the Wilanów Office Park complex in Warsaw.

Gdynia Waterfront on its way

POLAND SwedeCentre has begun construction work on the Gdynia Waterfront multifunctional complex on the Nabrzeże Prezydenta quayside in the town.

Retail & leisure

ParkLake to begin in 2014

ROMANIA Construction work on the ParkLake shopping centre in Bucharest is to begin in 2014.

Quadrio moves to the next stage

CZECH REPUBLIC CPI Group has finished excavation work on its mixed-use Quadrio complex in Prague city centre.

RomReal to sell land

ROMANIA RomReal has confirmed that it plans sell part of its land bank.

Polish properties values on the slide

CEE REGION Leasing volumes in Central and Eastern Europe have been declining, according to the Global Commercial Property Survey conducted by the RICS.

Palmer Capital wins HQ tender

CZECH REPUBLIC Palmer Capital has won the tender to find new headquarters for ROP Severozápad in Ústí nad Labem.

Budapest plans EUR 50 mln upgrade

HUNGARY The city of Budapest is preparing to invest around EUR 50 mln in 27 large infrastructure projects, for which the city planning to apply for EU funding.

Microsoft to move into White Gardens

RUSSIA Microsoft Rus has leased 1,707 sqm for its Microsoft Technology Center in the White Gardens office centre in Moscow.

Better results for Fashion House

POLAND In the first quarter Fashion House Outlet Centres, which are owned by Polonia Property Fund and managed by Peakside Polonia Management, registered increases in both turnover and footfall.

Portico buys Intermarché

POLAND Portico Investment has bought an Intermarché supermarket in Bielsko-Biała, its 16th retail facility in Poland.

Bigger and better Hermes