News

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.

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

POLAND Two brands from the Inditex group are to open stores in the Nova Park shopping centre in Gorzów Wielkopolski.

Olecko ring road opens

POLAND The 7-km Olecko ring road, which runs along national road no. 65, is now open. The project involved the construction of two flyovers and six viaducts in an investment of PLN 127.9 mln.

Three tenants come to Outlet Białystok

POLAND Three new brands have signed lease agreements to open stores in the Outlet Białystok outlet centre. They include Adidas, Reebok and Molton and the three new stores will occupy a total of 500 sqm.

No formal obstacles for Nowy Sezam

POLAND The Provincial Administrative Court in Warsaw has dismissed the objection of the Moniuszki 10 housing community to the Nowy Sezam project on ul. Marszałkowska in Warsaw, allowing the developer BBI Development to apply for a building permit.

Multikino in City Point Tychy

POLAND Multikino has signed an agreement with TUP Property to operate the cinema in the City Point Tychy shopping and entertainment centre.

UOKiK disciplines developers

POLAND In 2012 the Office of Competition and Consumer Protection (UOKiK) issued 22 decisions concerning development companies and levied 13 fines with a total value exceeding PLN 680,000.

Baker Hughes in Monarch