News

Łużycka Plus topped out

schedule 12 June 2013

POLAND The Łużycka Plus office building on ul. Łużycka in Gdynia has been topped out. The event was attended by representatives of Allcon Budownictwo (the general contractor) and Allcon Investment (the developer).

Victoria to receive facelift

schedule 12 June 2013

POLAND The Sofitel Warsaw Victoria hotel in the centre of the city is to be modernised by the summer of 2014.

Louvre expansion continues

schedule 12 June 2013
Nathan North
managing editor (English section)

POLAND/CEE REGION Louvre Hôtels Group is to expand its chain in Poland by 30 pct with the opening of a Campanile and two Golden Tulip hotels before August.

Investment volume increases by a third

schedule 12 June 2013
Rafał Ostrowski
journalist

CEE REGION The overall investment volume in the region this year reached EUR 3.7 bln by the end of May 2013, according to the latest CEE Property Investment MarketView report by CBRE.

Focşani Retail Park not yet bankrupt

schedule 12 June 2013

ROMANIA BelRom subsidiary Bel Rom Şapte, the developer of European Retail Park Focşani, has had a court application for insolvency turned down.

Prisma mall under construction in Vilnius

schedule 12 June 2013

LITHUANIA YIT Kausta has begun construction work on the Prisma shopping centre in Vilnius.

Mandarin opening approaches

schedule 12 June 2013
Rafał Ostrowski
journalist

RUSSIA The Mandarin shopping centre, which is being developed by Imagine Estate in eastern Moscow, is to open in August

BAT sells Jawornik property

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

POLAND British-American Tobacco Polska has sold an industrial property in Jawornik near Kraków. The

DoubleTree comes to Skopje

schedule 11 June 2013

MACEDONIA Hilton Worldwide has signed a franchise agreement with Ajdovan Ademoski to open the DoubleTree by Hilton Skopje in early 2016.

ONT Carpaţi assets fail to sell

schedule 11 June 2013

ROMANIA A 35 pct stake in the Marriott hotel in Bucharest was put up for auction on Monday, but no bids were received.

OTK Tandem to build RUB 1 bln logistics centre

schedule 11 June 2013
Rafał Ostrowski
journalist

RUSSIA OTK Tandem is to develop a logistics centre in Tver, 170 km north-east of Moscow.

SkyTower towers over Bucharest

schedule 11 June 2013

ROMANIA Raiffeisen Evolution has completed the construction of its SkyTower building in Bucharest.

Skanska to construct council housing

schedule 11 June 2013

POLAND Skanska is to build two residential buildings with underground car parks for the local authorities of Warsaw’s Bemowo district.

Topping out for Warsaw Academy of Fine Arts

schedule 11 June 2013

POLAND A new building for the Academy of Fine Arts has been topped out on the Wybrzeże Kościuszkowskie embankment in Warsaw.

Two projects for Elbfonds Development

schedule 11 June 2013

POLAND Elbfonds Development has purchased a plot on ul. Wojska Polska in Zawiercie for the construction of the Marcredo Center Zawiercie shopping centre.

Capital Park plans Gdańsk hotel

schedule 11 June 2013

POLAND Capital Park is planning to convert the former building of the Neptun cinema in Gdańsk into a three-star hotel.

Unibep issues PLN 22 mln of bonds

schedule 11 June 2013

POLAND Unibep has issued 110,000 two-year ‘B1’ series bonds and a further 110,000 three-year ‘B2’ series bonds.

Retail & leisure

DL Invest to build Galeria Knurów

schedule 11 June 2013

POLAND DL Invest Group is to develop the Galeria Knurów shopping centre in Knurów.

Office & mixed-use development

ZT Kruszwica remains in Zephirus

schedule 11 June 2013

POLAND ZT Kruszwica has renegotiated its lease in the Zephirus building in Warsaw.

PPF Real Estate Russia ready to invest EUR 1bln

schedule 11 June 2013
Rafał Ostrowski
journalist

RUSSIA PPF Real Estate Russia, a subsidiary of a Czech holding PPF Real Estate Holding, is planning to invest app. EUR 1 bln in the mixed-use Telecom City complex in New Moscow, the director of the company Sergei Volotov has revealed to RIA Novosti.

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