News

Intersport ends Q2 with a loss

POLAND Intersport Poland generated PLN 10.1 mln lower sales revenue compared to Q2 last year when it was PLN 61.7 mln (last year’s increase was a result of the sales of Euro 2012-related products).

Investment & finance

Echo loan from German bank

POLAND Development company Echo Investment has borrowed PLN 450.2 ml from German bank Hypothekenbank Frankfurt for the acquisition of the Pasaż Grunwaldzki shopping centre in Wrocław.

Swimming in Świętochłowice

POLAND Gliwickie Przedsiębiorstwo Budownictwa Przemysłowego, a subsidiary of Mostostal Zabrze-Holding, and Przedsiębiorstwo Usługowo-Produkcyjno-Handlowe Budowlani, are to jointly construct a municipal swimming baths in Świętochłowice.

Retail & leisure

Makrum and Tesco tear up contract

POLAND Makrum, which had been planning to develop the Makrum shopping centre in Bydgoszcz, has reached an agreement with Tesco Polska to terminate the latter’s pre-lease contract.

Czerwona Torebka bonds to be issued for Małpka buyout

POLAND An extraordinary meeting of shareholders of the Czerwona Torebka group has approved the issue of 21.8 mln bonds

Retail & leisure

Successful June for Nova Park

POLAND In June the turnover of the Nova Park shopping centre in Gorzów Wielkopolski increased by 32 pct y-o-y.

Retail & leisure

Galeria Tęcza draws in 2.4 mln shoppers

POLAND In H1 2013 the Galeria Tęcza shopping centre in Kalisz recorded a footfall of 2.4 mln people.

Hochtief and partners released from Śląski Stadium project

POLAND The Silesian Provincial authorities have announced the termination of a contract with a consortium consisting of Hochtief Polska, Hochtief Solutions, Mostostal Zabrze-Holding and Thermoserr.

Akura moves to force EFH bankruptcy

POLAND Akura, which operates in the insurance industry, has filed for bankruptcy of Europejski Fundusz Hipoteczny (EFH).

Some dreams really do come true...

Investment & finance

Globalworth completes EUR 53.6 mln London IPO

ROMANIA Globalworth Real Estate Investments has today announced the successful completion of its IPO and the admission to trading of its ordinary shares on the AIM Market of the London Stock Exchange.

Warehouse & industrial

Seifert leases 6,200 sqm in Panattoni Park Mysłowice

POLAND Logistics and transportation company Seifert has leased almost 6,200 sqm of warehousing and 500 sqm of office space in Panattoni Park Mysłowice.

Hotels

First Ukrainian golf properties for sale

UKRAINE The sale of the first golf property residences in Ukraine is underway.

Retail & leisure

O’key in Rio

RUSSIA Retail hypermarket chain O’key has opened a store in the Rio shopping centre on Dmitrovskoe Shosse inMoscow.

Skanska to rebuild Łódź road

POLAND Skanska has been awarded a contract with the Road and Transport Authority in Łódź for the redevelopment of ul. Rojna in Łódź.

Budimex contracted for LC Corp Katowice project

POLAND Budimex has been chosen to be the general contractor of an office building in the first stage of an LC Corp project in Katowice.

Warehouse & industrial

MAAN to produce cooker hoods in Pruszków

POLAND Cooker hoods producer of MAAN has leased a production and warehouse area in the MLP Pruszków I logistics park outside Warsaw.

Alterco swaps land for shares

POLAND Alterco has signed a contract to sell a plot at ul. Św. Mikołaja 35 in Gdynia.

Office & mixed-use development

Arup to prepare plan for Chopin Airport City

POLAND Porty Lotnicze and Arup are starting work on a detailed development plan for the area earmarked for the Chopin Airport City project, which is to be built near Chopin Airport in Warsaw.

Sun & Snow to take care of Casa Del Arte Murano sales

POLAND Sun & Snow is to be responsible for the sale of the apartments in Casa Del Arte Murano – a new residential project in Warsaw.