News

CZECH REPUBLIC Akroterion, a subsidiary of Loyd´s Property Investments group, is to construct a new 5-star hotel in the centre of Prague. Future hotel is to offer 120 luxury guest rooms, a restaurant and conference facilities on an area of 16,000 sqm.

Work to begin on Wola House

POLAND Unidevelopment is to start the construction phase of its Wola House office project on al. Prymasa Tysiąclecia in Warsaw in Q2.

Monnari feels effects of restructuring

POLAND Monnari Trade, the owner of the Monnari brand, has implemented a number of performance improvement measures, such as the optimisation of production costs, improved delivery punctuality, an efficiency drive for its sales team, actively promoting its brand, and stabilising its sales chain.

Digel to debut in Factory Warszawa Annopol

POLAND Male fashion chain Digel is to debut on the Polish market with the opening of the Factory Warszawa Annopol outlet centre on March 13th.

University contract for Mirbud

POLAND The Gdańsk University of Technology has commissioned Mirbud to construct building ‘B’, housing its nanotechnology, mathematics teaching and distance learning departments.

BBI prepares Nowy Pasaż Simonsa

POLAND BBI Development has received planning permission for its Nowy Pasaż Simonsa project in Warsaw, which is to be built on the site of the former Pasaż Simonsa on ul. Długa.

Erbud releases results

POLAND Erbud has reported revenue of PLN 418.6 mln for Q4 2012, similar to the figure for the same period of the previous year.

New tenants at Jabłkowskich

POLAND Kazar and Wealth Solutions have both leased premises in the Nowy Dom Jabłkowskich building in Warsaw.

Brown Brothers Harriman in Kraków

POLAND Financial institution Brown Brothers Harriman has leased 4,600 sqm in Orange Office Park in Kraków.

NDI instead of P.R.I. Pol-Aqua for Shakespeare theatre

POLAND Gdański Teatr Szekspirowski (GTS) has chosen a new contractor to build the Theatre of Two Times in Gdańsk. The investor has now signed a contract with NDI worth PLN 43 mln.

Four offers for motorway tender

ROMANIA Four offers have been made in the tender to build a 55 km motorway section between Cormanic and Brașov.

Still fewer homes being built

ROMANIA In January 2013, 1,694 construction permits, of which 64 pct were for rural developments, for residential buildings were issued – a 2.2 pct decrease on January 2012, according to the National Institute of Statistics (INS).

Little change on warehouse market

EMEA REGION Little change is expected on the EMEA industrial and logistics market over the coming year, according to a report by Colliers International.

Warimpex secures refinancing for Ekaterinburg hotels

RUSSIA Warimpex Finanz- und Beteiligungs AG has obtained a EUR 37 mln loan from Sberbank for the refinancing of a EUR 37 mln credit line for two hotels in Ekaterinburg.

CPI takes over Ablon

HUNGARY/CZECH REPUBLIC CPI Group, a Czech real estate investor owned by Radovan Vitek, has taken over Hungarian developer Ablon.

Media Expert in Kutno

POLAND Media Expert will open an 875 sqm store in the Marcredo Center Kutno shopping centre.

GDDKiA opens offers for two roads

POLAND The Poznań branch of the General Directorate of National Roads and Motorways (GDDKiA) has received 16 offers to construct a 5 km section of Poznań’s western ring road.

Mostostal Zabrze will not build Łódź stadium

POLAND Mostostal Zabrze-Holding and the official receiver of Katowickie Przedsiębiorstwo Budowlane Budus have terminated their contract with the city of Łódź to design and construct a sports stadium and sports hall on al. Unii Lubelskiej.

Colliers predicts 630,000 sqm of new office stock in 2013

POLAND Around 630,000 sqm of office space is to come onto the market in 2013, according to Colliers International. In Warsaw alone, new supply should amount to 320,000 sqm in projects located mainly outside the city centre (in Mokotów, Włochy and Wola districts).

Spanish brands in Nova Park