News

Toys”R”Us to enter Lublin

POLAND Toys”R”Us is to open a toy store in the Galeria Olimp shopping centre in Lublin.

Construction

Interbud-Lublin to build estate near Warsaw

POLAND Interbud-Lublin has been appointed the general contractor of three residential buildings on ul. Arakowa in Zamienie in the Lesznowola administrative district near Warsaw.

Polimex continues restructuring

POLAND Polimex-Mostostal has signed an annexe to the restructuring agreement with its creditors.

Intersport reduces loss

POLAND Intersport Polska made an estimated loss of PLN 1.9 mln gross in Q3 2013 representing a 29 pct improvement on the PLN 2.7 mln loss the company made over the same period of 2012.

Troubles for ED Invest

POLAND ED Invest has adjusted its profit forecast for 2013.

Retail & leisure

Tenants stay in Gemini Park

POLAND Nearly 80 pct of the current tenants comprising 50 brands have prolonged their leases in the Gemini Park shopping centre in Bielsko-Biała.

Retail & leisure

Golf course close to Kremlin

RUSSIA City Golf, the largest indoor golf course in Russia is to be opened in the Red October cultural complex just opposite the Kremlin.

Yields fall across the continent

EMEA REGION Over Q3, European office, retail and industrial sectors saw a decrease in yields ranging from three to five basis points, according to a survey of prime rents and yields by CBRE.

Office & mixed-use development

Kapelanka cornerstone laid in Kraków

POLAND Skanska Property Poland has held the cornerstone ceremony for its first office project in Kraków – Kapelanka 42.

The nominees are:

Retail & leisure

Rose Park 85 pct leased

UKRAINE Rose Park shopping centre, which is being developed by Immochan Ukraine in Makiivka near Donetsk, is 85 pct leased (representing 25,845 sqm of the retail space).

Knight Frank closes Ukrainian office

UKRAINE Knight Frank has closed its Kyiv’s office after seven years of operation.

Bricomarché opens in Ząbkowice Śląskie

POLAND Grupa Muszkieterów has opened a Bricomarché DIY store on ul. Ziębicka in Ząbkowice Śląskie (theLowerSilesianProvince).

PSB-Mrówka increases chain to 150 stores

POLAND Over the first nine months of 2013 Grupa PSB opened 20 PSB-Mrówka supermarkets, including nine Mini-Mrówka stores.

Residential

Ogrody Hallera for the fourth time

POLAND This year, Archicom is to start construction work on the fourth stage of the Ogrody Hallera estate at the junction of ul. Hallera and ul. Ojca Beyzyma in Wrocław.

Nobody wants Poznań plot

POLAND No bidders came forward to purchase a property located on ul. Stanisława Matyi in Poznań.

Hotels

Patria joins Orbis chain

POLAND Orbis has signed a franchise agreement with the Patria hotel in Wisła.

GDDKiA operating within the law

POLAND The European Commission has dismissed a complaint that the GDDKiA infringed EU regulations when it used the so-called sole-source method to select contractors for the A and C sections of the A2 motorway.

Gant fails to redeem bonds

POLAND Gant Development has reported that it has failed to redeem 249,940 D series bonds, which are listed on the Catalyst market under the GNT 1013 symbol.

Immochan Ukraine plans two malls

UKRAINE Immochan Ukraine is planning to start the construction of two shopping centres next year, one in Kyiv and another in Odessa.