News

ROMANIA In the first quarter the Romanian investment volume totalled EUR 116 mln, representing an 18 pct increase on the same period last year.

Immofinanz plans Bucharest estate

ROMANIA Immofinanz has confirmed that together with its subsidiary Adama it intends to develop the 5.3 ha site of the former Ventilatorul factory in Bucharest.

First outlet shopping village to open in October

Nathan North
managing editor (English section)

UKRAINE Manufactura in Kyiv, Ukraine’s first shopping outlet village, is set to open on October 1st.Around 75 pct of the construction of the complex has now been completed.

Martes Sport to open in Rzeszów Plaza

POLAND Sports store chain Martes Sport has signed a lease for 750 sqm of space in Rzeszów Plaza.

Unibep to build Podlasie road

POLAND Unibep has signed a PLN 44.4 mln net contract to build the Hajnówka–Jelonka section of road no. 685 with the Podlasie Provincial Road Authority in Białystok

P.A. Nova enters new markets

POLAND Gliwice-based construction and development company P.A. Nova is planning to invest in industrial and warehouse facilities as well as on the hotel market.

Lease of Dom Zdrojowy paid off

POLAND Dom Zdrojowy, a subsidiary of Inpro, has paid off the lease agreement for Dom Zdrojowy Spa in Jastarnia.

Essilor stays in Żerań Park I until 2024

POLAND Lens manufacturer Essilor has extended its stay in the Żerań Park I warehouse complex in Warsaw for another eleven years.

Polimex-Mostostal catches its breath in Q1

POLAND In the first three months of this year Polimex-Mostostal enjoyed a y-o-y improvement in its financial results.

Building permit for Outlet Białystok

POLAND Construction work on an outlet centre in Białystok can begin after the investor behind the project obtained a building permit.

Two contracts won by Allcon Budownictwo

Office & mixed-use development

POLAND Allcon Budownictwo has won two new contracts: the first from Lidl Polska and the other from Damen Shipyards Gdynia.

Last building in Akońska Business Park sold

POLAND TriCity developer Torus has sold the final building of the Arkońska Business Park in Gdańsk.

Investment & finance

Reinhold CEO and board damned by special examination

Nathan North
managing editor (English section)

POLAND A special examiner’s report has severely criticised the CEO and board of Reinhold Polska and indicated that criminal offences may have been committed.

Office & mixed-use development

Port Rybacki letter of intent signed

Nathan North
managing editor (English section)

POLAND The mayor of Gdynia Wojciech Szczurek has signed a letter of intent for the first phase of the large-scale Port Rybacki development with Wojciech Papierak and Krzysztof Rychlicki, respectively the CEOs of Polski Holding Nieruchomości and subsidiary Dalmor, the developer of the project.

Two leases in Korona

POLAND Globe Trade Centre has signed two lease agreements in Korona Office Complex in Kraków.

Black Red White stays in Zielony Park Handlowy

POLAND Black Red White has prolonged its lease and expanded to nearly 5,900 sqm in the Zielony Park Handlowy retail park.

Apsys to manage four Aerium malls

Rafał Ostrowski
journalist

POLAND Developer Aerium has chosen Apsys to manage four retail facilities including the Galeria Bemowo shopping centre in Warsaw, the Czyżyny shopping centre in Kraków, the Guliwer shopping centre in Łódź and the Bielawy retail park in Toruń.

Less bad results for IVG

CEE REGION IVG Immobilien has finished the first quarter of 2013 with a consolidated net loss of EUR 45.1 mln after a loss of EUR 75.7 mln in the fourth quarter of 2012.

More tourists in Estonia

ESTONIA Over 0.5 mln foreign and domestic tourists stayed in Estonian hotels and other establishments in the first quarter of 2013, according to data from Statistics Estonia.

New owner for Silesia City Center?