News

ROMANIA/HUNGARY CPI has applied for the delisting of Ablon from the London Stock Exchange.

Goodbye hotel, hello more offices

ROMANIA The Starlight Suite Hotel in the Metropolis mixed-use complex in Bucharest is to cease operations in June and will be converted into office space.

Coca-Cola leases space with Segro

POLAND Coca-Cola HBC Polska has moved into Segro Business Park Warsaw.

Knightsbridge Private Park with EUR 182 mln financing

RUSSIA Developer Restavracia N has received a five-year credit line of RUB 7,5 bln (app. EUR 182.8 mln) from Sberbank to finance the construction of the Knightsbridge Private Park residential estate in Moscow.

Corex to stay in Diamond Business Park Piaseczno

POLAND Corex has prolonged its lease in Diamond Business Park Piaseczno.

Plot in Katowice belongs to TUP

Aneta Cichla

POLAND TUP is the new owner of a plot on ul. Bażantów in Katowice.

Start of Dekada in Grójec

Aneta Cichla

POLAND Construction work on Dekada project, a convenience shopping centre in Grójec, has started. It is being developed by Dekada Realty.

Marsh stretches out in Floreasca Business Park

ROMANIA Insurance broker Marsh has extended its lease in Floreasca Business Park in Bucharest for an additional three years.

Savills to move next door

POLAND Real estate advisor Savills is to move its Polish head office from the Lumen to the Skylight building in Warsaw.

Moscow warehouse supply surges in response to demand

RUSSIA The total volume of warehouse projects expected to be completed in 2013 on the Moscow market comes to 930,000 sqm, a growth of more than 50 pct y-o-y, according to figures from Jones Lang LaSalle

Two leases, three stores

BULGARIA Fashion retailer H&M and drug store Drogerie Markt have leased stores in the Mall of Sofia, owned by Europa Capital.

Panattoni Park Wrocław II fully leased

POLAND Panattoni Park Wrocław II is now fully-leased as the result of Pantos Logistics Poland taking up the last available area of 6,000 sqm.

New faces for Warsaw Trade Tower

POLAND In the first quarter of this year four new tenants signed leases for office space in Warsaw Trade Tower and other four others extended their leases.

PLN 900 mln for PPP project

POLAND SITA Zielona Energia has received a loan of almost PLN 900 mln from Bank Gospodarstwa Krajowego, Pekao Bank and PKO BP.

Erbud extends guarantee lines

Office & mixed-use development

POLAND Erbud has signed a contract on granting temporary contract insurance guarantees up to a limit of PLN 50 mln with Powszechny Zakład Ubezpieczeń.

Telly tenant for Mokotów Nova

POLAND EmiTel, an operator of terrestrial radio and TV networks, has leased an office in Warsaw’s Nowy Mokotów building, which is owned by Ghelamco Poland.

P.A. Nova finalises sale to Kaufland

POLAND Construction and development company P.A. Nova has signed a contract to sell a retail facility to Kaufland Polska Markety.

Q1 worse for Orbis

POLAND Orbis suffered a worse start to 2013 than the previous year. Its revenue from continued operations decreased by over 9 pct (to PLN 124.7 mln) during the first three months of the year compared to Q1 2012.

Accolade and Panattoni to build in Cheb

CZECH REPUBLIC Accolade and Panattoni Europe are planning to invest in the Cheb industrial zone in the Karlovy Vary region.

Rank Progress to build Wejherowo centre