News

LITHUANIA IKEA’s real estate subsidiary Pinus Proprius is to redesign its Palanga Spa resort in Palanga and reapply for a building permit.

Retail & leisure

CCC comes to Jelenia Góra

POLSKA CCC has signed a lease in the Nowy Rynek shopping centre in Jelenia Góra and is to open a 613 sqm store.

AECOM to manage Park Huaming project

Rafał Ostrowski
journalist

RUSSIA AECOM has been chosen as the project manager of Park Huaming, a Chinese cultural and business centre in northeast Moscow.

Russian Invest makes first investment

Rafał Ostrowski
journalist

RUSSIA Property investment company Russian Invest has purchased from Finnish SRV Group a 55 pct share in the Okhta Mall shopping centre in St Petersburg, marking its first investment on the Russian market.

Jurys Inn hotel for sale

27 May 2013

CZECH REPUBLIC Four star Jurys Inn hotel in Prague has been put on sale.

Prologis leases out 54,900 sqm

27 May 2013

POLAND Prologis has acquired two new tenants for Prologis Park Szczecin and has signed four lease renewals for its parks in Dąbrowa Górnicza, Wrocław and Poznań.

PPS comes to Warsaw

POLAND Representatives from Project for Public Spaces, a New York-based public space management organisation, have visited Warsaw.

Polimeni extends contracts

POLAND American developer Polimeni International has renegotiated three leases in two shopping centres.

Launch of Czwarty Żagiel

POLAND Inpro has started construction work on the Czwarty Żagiel residential estate on ul. Olsztyńska in Gdańsk.

LPP to stay in Alfa

POLAND The LPP group has signed two new contracts and extended two old leases in the Alfa shopping mall in Olsztyn.

More new retail space outside Moscow

RUSSIA A total of 300,000 sqm of retail space was delivered in Russia in Q1 2013, although none was delivered in Moscow, according to Jones Lang LaSalle.

Bucharest to renovate former town hall

ROMANIA The city of Bucharest intends to spend EUR 20 mln renovating its former city hall.

Novo Park has motivation

ROMANIA Sodexo Motivation Solutions has leased 2,700 sqm of office space in Novo Park in Bucharest.

Prague vacancy rate inches up

CZECH REPUBLIC The vacancy rates on the office market increased slightly to 13.1 pct by the end of Q1 2013, according to figures released by Prague Research Forum.

Four Warsaw office buildings delivered in Q1

POLAND In Q1 2013 four office buildings were completed in Warsaw with a combined area of 76,200 sqm, according to the Warsaw Research Forum.

Smaller losses for Rezidor

The Rezidor hotel group has reported a marginal increase in revenue for quarter one 2013.

Liferay in Madarász Office Park

HUNGARY Software developer Liferay Hungary has leased 634 sqm of class ‘A’ office space in Madarász Office Park in Budapest.

Office stock rises

POLAND In Q1 2013 four office buildings were completed in Warsaw adding 76,200 sqm to the city’s office stock, according to figures from the Warsaw Research Forum.

Olympic stadium to be built by 2017

HUNGARY The government has revealed plans to build a new Olympic stadium in Budapest. Investment costs are estimated at around EUR 300 mln.

Tender for construction of offices in Skolkovo