News

POLAND Mostostal Zabrze-Holding subsidiary Mostostal Zabrze Zakład Montażowo-Produkcyjny Katowice is to assemble the steel structure of the Międzynarodowe Centrum Kongresowe centre in Katowice for Warbud, the general contractor of the project.

Government spends PLN 26 mln at the races

POLAND The Polish government has agreed to invest PLN 26 mln in renovating the grounds of Warsaw’s Służewiec racecourse.

Rank Progress buys land for new project

Architecture and urban planning

POLAND Rank Progress has signed a preliminary contract to purchase land in Budzistowo in the Kołobrzeg administrative district for PLN 21.8 mln.

Warsaw revisits Defilad project

POLAND An architectural competition for the design of the Centre for Contemporary Art and the TR Warszawa theatre is to be announced in the first week of September.

Alma secures finance for new stores

POLAND Bank Polski has granted a PLN 14.1 mln credit line to Alma Market.

Renovations planned for Piłsudski Square

POLAND The Warsaw Metropolitan City Development Agency [Stołeczny Zarząd Rozbudowy Miasta] has signed a contract with a consortium made up of Planeta and Zakład Usług Brukarskich Adrog for the construction work required for the redevelopment of pl. Piłsudski in Warsaw.

Residential

Qualia prepares Wilanów project

POLAND Qualia Development, which is owned by PKO Bank Polski, is to build the Royal Park estate in Warsaw’s new Miasteczko Wilanów district.

Investment & finance

Inter IKEA poised to buy Wola Park

POLAND Swedish developer Inter IKEA Centre Group Poland has signed a preliminary agreement to buy the Wola Park shopping centre in Warsaw.

Retail & leisure

H&M comes with new concept to Dom Mody Klif

POLAND H&M has leased 1,400 sqm in the Dom Mody Klif shopping centre in Warsaw.

IVG in need of cash infusion

EUROPE IVG Immobilien has announced that it is currently negotiating a EUR 120 mln bridging loan, which if not secured could lead to a situation that “could eventually jeopardise the existence of the company”, according to statement from the company.

Warehouse & industrial

Hutchinson goes to Łódź East

Property and Facility Management

POLAND Hutchinson Polska has moved into 9,300 sqm of Panattoni Park Łódź East.

WeCare to manage Unii Lubelskiej

POLAND Liebrecht & Wood subsidiary WeCare has been appointed property manager for the Plac Unii complex in Warsaw.

Goodman completes Walki unit in Wrocław

POLAND Goodman has delivered a 10,500 sqm light production facility in Wrocław for protective packaging materials and technical laminates producer Walki Group.

Senukai to open 10,000 sqm DIY outlet

LITHUANIA Senukai is to open a 10,000 sqm DIY store in the Bruklinas shopping centre in Šiauliai.

Warehouse & industrial

PLS comes to Czeladź

POLAND Packaging Logistics Services Poland has signed a 1,700 sqm warehouse and production space lease deal in Alliance Silesia logistics park in Czeladź near Katowice.

Smaller Cora mall to open

ROMANIA Cora is to open a shopping centre in Constanţa on July 25th in an investment of EUR 58 mln, according to local media.

Hotels

Hotel Bristol comes under Starwood’s wing

UKRAINE Starwood Hotels & Resorts Worldwide has announced that the Hotel Bristol in Odessa will join The Luxury Collection portfolio.

Hotels

Orco and Croatian government declare ceasefire

CROATIA Orco and the Croatian government have suspended legal proceedings and agreed to a roadmap regarding the future of Sunčani Hvar, a company listed on the Zagreb stock exchange in which both parties hold large stakes.

Sponda sells two Petersburg buildings

RUSSIA Finnish property investor Sponda is to sell the Business Center NRC and Inform Future office buildings in St Petersburg to Russian asset management companies NRC-Management and IF-Management for a total of EUR 9.9 mln.

Retail & leisure

Saturn rises over Riviera