News

CEE REGION Warehouse developer Prologis expects vacancy rates to fall throughout 2013 in Poland, the Czech Republic and Slovakia.

Bilfinger changes name and strategy

Ewa Andrzejewska

POLAND Bilfinger Infrastructure is the new name of the construction company Bilfinger Berger Budownictwo.

Two Inditex brands in Galeria Solna

POLAND Bershka and Stradivarius are the new tenants of Galeria Solna in Inowrocław. The brands, which belong to the Inditex group, will occupy a total area of 950 sqm.

Subway expansion

POLAND In 2012 the Subway restaurant chain registered a 15 pct increase in the number of its outlets and a 12 pct increase in the number of its customers in outlets opened before 2012.

MarcPol to move into Rank Progress facilities

POLAND MarcPol supermarkets are to be opened in Brama Pomorza in Chojnice and a retail park in Grudziądz – which are both being built by Rank Progress.

Elektrosila up for sale

RUSSIA Dorinda Invest is to sell the Elektrosila shopping complex in St Petersburg.

H&M to open in Uvertura Mall

ROMANIA Fashion retailer H&M has signed a 1,575 sqm lease for a store in Uvertura Mall in Botoşani.

Profi sets up distribution centre in Ploieşti

ROMANIA Supermarket chain Profi has leased all the available space (15,000 sqm) in the LogCenter logistics park in Ploieşti. Profi intends to set up a distribution centre in the park.

Another partner for TriGranit

MACEDONIA TriGranit Group has signed an agreement with Slovenian company ERA Holding to jointly provide real estate development, property management and leasing services in Skopje.

PHN debuts on WSE trading floor

POLAND Polski Holding Nieruchomości was the 439th company to have joined the group of firms listed on the Warsaw Stock Exchange.

POLAND The Polish government has sold the former military site Fort Traugutta on ul. Międzyparkowa in Warsaw to Michał Kiciński, former president of computer game developer CD Projekt for PLN 3.03 mln.

Portico adds new property

POLAND Portico Investments has bought a Biedronka store in Kostrzyn nad Odrą, the twelfth such store in the company’s portfolio and its fifteenth property in Poland.

Garden Plaza in Żoliborz

POLAND The Garden Plaza office building is being developed on ul. Elbląska in Warsaw’s Żoliborz district. It will have a total area of 13,000 sqm with of 9,000 sqm of leasable space.

Lights on for Galeria Katowicka

POLAND ES-System has signed a contract with Neinver and PKP, the investors behind Galeria Katowicka, to supply internal and external lighting for the facility.

Awbud sells factory

POLAND Betra Nova has signed a preliminary purchase agreement with Awbud subsidiary Produkcja Wyrobów Betonowych Awbud for a manufacturing plant on ul. Łąkowa in Racibórz.

TREI Real Estate builds Vendo Park

POLAND Construction work began in November on the Vendo Park retail project on ul. Piłsudskiego in Nysa.

Architects walk away from Tallinn city hall

ESTONIA The city of Tallinn has cancelled its contract with architectural firm Bjarke Ingels Group, which had been commissioned to design a new 28,000 sqm city hall.

Work on Zagreb airport to begin in September

CROATIA Bouygues Construction subsidiary Bouygues Bâtiment International and Croatian construction company Viadukt are expected to start work on a new terminal at Zagreb airport in September.

Work begins on airport extension

BULGARIA Construction work has begun to extend Sofia Airport, according to local media reports.

Higher Estonian property sales