News

POLAND The Plac Unii project in Warsaw has secured 13 new tenants, occupying a combined area of app. 1,000 sqm.

Vegetables from Czerwona Torebka

POLAND Czerwona Torebka is planning to launch the Warzywnik chain of 25 fruit and vegetable shops before the end of this year.

Orbis enjoys modest growth

POLAND The total revenue of Grupa Hotelowa Orbis increased by 3.3 pct y-o-y in 2012, amounting to PLN 691.5 mln.

Agricultural tenant for Diapaszon

RUSSIA Razguliay [Разгуляй], a major Russian agricultural holding, has signed a lease agreement for 4,225 sqm in the Diapazon [Диапазон] business centre in Moscow.

Record stays in Budapest last year

HUNGARY The number of guests and guest nights in Budapest last year increased by 3.6 pct and 4.8 pct respectively, reaching a record high level – according to KSH (the Hungarian Central Statistical Office).

P3 to build Prague D1 warehouse for Yusen

CZECH REPUBLIC PointPark Properties (P3) has started the construction of a 20,000 sqm build-to-suit project for international logistics company Yusen Logistics at PointPark Prague D1.

Anna Bud to build office building Kielce heating company

POLAND Anna Bud of Bilcza has been commissioned by Miejskie Przedsiębiorstwo Energetyki Cieplnej of Kielce to construct an office building with a car park on ul. Poleska.

BPF Inwestor plans Bartoszyce mall

POLAND Biuro Prawno-Finansowe Inwestor is to open a shopping centre in Bartoszyce (in the Warmian – Masurian Province).

Fitness in the office

POLAND Two fitness club chains, Fabryka Formy and Calypso Fitness, have set up a new company called the Fitness za Rogiem.

PKP railway stations for sale or renovation

POLAND PKP is considering the sale of 50 railway stations this year, after having sold 58 in 2011.

Successful year for Budimex

POLAND Grupa Budimex has released its results for 2012. Net revenue from sales of products, goods and materials came to nearly PLN 6.08 bln up on 2011 revenues of PLN 5.5 bln in 2011.

Two centres, one date

POLAND Two shopping centres are to open on March 1st. Europa Centralna combines a traditional mall with a retail park.

Two stores in Atrium Biała

POLAND Reserved is to open a 2,300 sqm store in the Atrium Biała shopping centre in Białystok.

Platinium Properties prepares WSE flotation

POLAND Platinium Properties Group has begun the book building process for its flotation on the Warsaw Stock Exchange.

EFH unable to buy back bonds

POLAND Europejski Fundusz Hipoteczny has applied to the District Court in Warsaw to extend the maturity of its EF series bonds, upon which payment is currently due.

Office market still deflating

RUSSIA Over 556,000 sqm was delivered onto the Moscow office market, according to figures from CBRE.

Office stock at 2.88 mln sqm

CZECH REPUBLIC By the end of the year, total modern office stock in Prague exceeded 2.88 mln sqm, according to the Prague Research Forum. Class ‘A’ properties represent 70 pct of this stock.

Eften Real Estate Fund acquires Hotel Palace in Tallinn

ESTONIA Eften Real Estate Fund and AS Esraven in a 50:50 joint venture have purchased the Hotel Palace on Vabaduse väljak (‘Freedom square’) in Tallinn from Scandic Hotels for an undisclosed price. Eften has announced that the building is to be fully renovated.

CBRE to manage KPP Retail portfolio

POLAND CBRE is to take over the management and leasing of the Graf shopping centre (4,530 sqm) in Chełm, a Castorama DIY store in Skierniewice, a Biedronka grocery store in Koszalin, the Galeria Sieradzka mall (7,900 sqm) in Sieradz as well as a shopping centre in Brzeg.

Dirks in Skalski-Logistic Park