News

Cora to anchor Victoria City Lifestyle Retail Center

schedule 26 April 2013

ROMANIA Cora has leased 12,000 sqm for a hypermarket in the Victoria City Lifestyle Retail Center in Bucharest The mixed-use project will offer 68,000 sqm gla.

Growing sales of finished apartments

schedule 25 April 2013
Aneta Cichla

POLAND Around 2,000 fewer apartments q-o-q were offered for sale in the first quarter of 2013, according to a report by REAS on the residential market in the six largest cities in the country (Warsaw, Kraków, Łódź, Poznań, TriCity and Wrocław).

Office & mixed-use development

Konstruktorska Business Center: 2,000 sqm is leased

schedule 25 April 2013
Aneta Cichla

POLAND IMS Health has signed a 2,000 sqm lease with HB Reavis in the Konstruktorska Business Center office building in Warsaw.

Coifer to be liquidated

schedule 25 April 2013
Aneta Cichla

POLAND/ROMANIA Coifer, a Romanian subsidiary of Polimex-Mostostal, is to be liquidated with the option to be restructured.

Baltic Park Molo ready to begin

schedule 25 April 2013

POLAND Construction work is set to begin on Baltic Park Molo in Świnoujście. The project, which is being developed by Zdrojowa Invest, will include two hotels and two luxury apartment buildings, as well as a 150m promenade with a pier.

Property and Facility Management

DEKA Immobilien entrusts more properties to Knight Frank

schedule 25 April 2013
Rafał Ostrowski
journalist

POLAND Knight Frank has become the manager of InterContinental Hotel and Mokotowska Square, both buildings owned by DEKA Immobilien are located in Warsaw.

Warehouse & industrial

NNR in Tulipan Park

schedule 25 April 2013

POLAND Freight forwarding company NNR Global Logistics UK has leased 2,321 sqm of warehouse space and 122 sqm of office space in Tulipan Park Warsaw.

Raven granted USD 100 mln refinancing

schedule 25 April 2013
Rafał Ostrowski
journalist

RUSSIA Raven Russia subsidiary Damicon Holdings has obtained a seven-year loan of USD 100 mln from Sberbank.

Azora buys Aquarius Business Park

schedule 25 April 2013
Aneta Cichla

POLAND Two Azora Europe subsidiaries, Horta and SKUA, have concluded conditional agreements with Echo Investment to purchase the two office buildings of the Aquarius Business House complex in Wrocław.

NEPI announces four investments

schedule 25 April 2013

ROMANIA /SLOVAKIA New Europe Property Investments (NEPI) has announced a number of investments.

Warehouse & industrial

Erste Group to build one centre and extend another

schedule 25 April 2013

CZECH REPUBLIC/SLOVAKIA Erste Group Immorent has been granted a building permit for its Immopark Praha distribution centre outside Prague.

PPS comes to Warsaw

schedule 24 April 2013

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

Polimeni extends contracts

schedule 24 April 2013
Eurobuild CEE

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

Launch of Czwarty Żagiel

schedule 24 April 2013
Eurobuild CEE

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

LPP to stay in Alfa

schedule 24 April 2013
Eurobuild CEE

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

schedule 24 April 2013
Rafał Ostrowski
journalist

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

schedule 24 April 2013

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

Novo Park has motivation

schedule 24 April 2013

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

Alterco drops plans to buy Jadran Hotel Chain

schedule 24 April 2013
Rafał Ostrowski
journalist

CROATIA Polish investment company Alterco has cancelled its plans to buy Croatian hotel chain Jadran Crikvenica Hoteli.

Prague vacancy rate inches up

schedule 24 April 2013
Rafał Ostrowski
journalist

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.

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