News

POLAND Marvipol has refused to accept Mostostal Warszawa’s termination of a contract to construct the Zielona Italia estate on ul. Obywatelska. Marvipol, the developer, regards the contract as binding and its termination to be unlawful.

ABM Solid again subject to arrangements

POLAND Construction company ABM Solid has changed terms of its bankruptcy proceedings, which it entered in July 2012.

TUP sells Zakroczym plot

POLAND Inter Car has purchased an app. 11.2 ha site earmarked for warehouse development in Zakroczym near Modlin outside Warsaw.

Three Alma stores to take Bomi’s place

POLAND Delicatessen chain Alma is to open two stores in Klif shopping centres. One is to open in the centre on ul. Okopowa in Warsaw, while the other is to open in the Klif centre in Gdynia.

Bank Pekao to finance Hevelia

POLAND Monday Palacza, a company set up by Monday Development and Unidevelopment, has concluded a PLN 35 mln loan agreement with Bank Pekao for the co-financing of the Hevelia estate, which is being built in Poznań’s Grunwald district.

Warsaw races to be redeveloped

POLAND Totalizator Sportowy has presented its plans concerning the 138 ha area of the Tor Wyścigów Konnych na Służewcu racecourse, which has been leased by the company for a period of 30 years.

TK Maxx in Poznań City Center

POLAND TriGranit has signed a lease agreement with TK Maxx for the latter to open an outlet in Poznań City Center.

Stalgast takes 13,000 sqm in Prologis Warsaw II

POLAND Restaurant and kitchen equipment supplier Stalgast has signed a long-term lease for 13,000 sqm in Prologis Park Warsaw II.

Baltic markets set to grow

BALTIC STATES The real estate markets of the Baltic States are set to grow over the next two to three years, according to a report by Newsec.

Leach & Lang buys Art Apartments

POLAND Leach & Lang has signed has acquired Kraków-based real estate agency Art Apartments. The latter is now to be integrated into the structure of Leach & Lang, which is to take over the day-to-day running of the company.

CPI buys all of Copa Centrum Národní

CZECH REPUBLIC CPI Group has purchased the remaining 50 pct stake in the Copa Centrum Národní office and retail development in Prague from Swiss businessman Sebastian Pawlowski and is now the sole owner.

Women’s Day award for Eva Jiřičná

CZECH REPUBLIC Czech architect Eva Jiřičná has been awarded the 2013 Jane Drew Prize for her outstanding contribution to the status of women in architecture.

Polimex property goes to Mars

POLAND Polimex-Mostostal has sold the perpetual usufruct of a harbour property in Gdynia to the Industrial Development Agency’s Mars Finance 1 investment fund.

Polnord wades into water and sewage

POLAND Polnord has filed a lawsuit against Miejskie Przedsiębiorstwo Wodociągów i Kanalizacji (MPWiK), the company that operates the water and sewage works in Warsaw.

Bomi in liquidation

POLAND A court in Gdańsk has placed upmarket grocery chain Bomi into liquidation. Prior to the decision Bomi was in bankruptcy open to arrangements.

Mostostal tears up PLN 160 mln contract

POLAND Mostostal Warszawa has cancelled a contract with Marvipol to construct the Zielona Italia estate on ul. Obywatelska in Warsaw’s Włochy district.

Ronson reports higher profits

POLAND Ronson Development generated revenue of PLN 198.8 mln in 2012, an increase of 106 pct on the previous year.

Marriott to launch Moxy brand

EUROPE Marriott and Inter Hospitality are to introduce a new three-star hotel brand to the European market.

More leasing for P3

EUROPE PointPark Properties (P3) has announced that it leased 28 pct more warehouse space in 2012 than in 2011.Occupancy rates in 2012 rose to 87 pct across the group’s portfolio.

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