News

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

POLAND Rank Progress and its partner have bought a plot located on the coastal town of Wejherowo.

Rotunda falls apart

Office & mixed-use development

POLAND The debate over the future of the modernist Rotunda building in Warsaw has restarted. A public consultation on its future has just begun.

Boutique office project in Mokotów

POLAND In this quarter of the year, Facinelli is planning to start the construction of the X2 Boutique Office on ul. Czerska in Warsaw.

AERE EUR 350 mln bond placement

CEE REGION Atrium European Real Estate has completed the placement of a EUR 350 mln unsecured seven year eurobonds maturing in April 2020 and bearing a fixed coupon of 4 pct per annum.

Pro Kapital leases out 11,400 sqm for entertainment

ESTONIA AS Pro Kapital Grupp has signed leases with tenants for 11,400 sqm in the 12,000 sqm entertainment section of the Peterburi Street 2 shopping centre, which is being developed in Tallinn.

Warsaw mall market undersupplied

POLAND Despite offering 1 mln sqm gla in 34 retail assets, Warsaw is still undersupplied in terms of modern retail space, according to Jones Lang LaSalle’s Warsaw High Street & Shopping Centre Report.

First logistics park project in north-eastern Romania

ROMANIA Solo SRL is developing the first logistics park in north-eastern Romania in Lecţani, outside Iaşi. The construction work started in February this year and the official opening is planned for spring 2014.

Europlan to start Sobieski Business Park

POLAND Polish investment company Europlan has received the final building permit for the construction of the first phase of Sobieski Business Park, which is to be developed on ul. Mangalia in Warsaw.

Florentinum receives EUR 110 mln in financing

CZECH REPUBLIC Penta Investments has obtained a EUR 110 mln loan for financing the construction of Florentinum, a nine-storey office project which is being developed in Prague.

Wikana Business Park: lease of 8,000 sqm

18 April 2013