News

POLAND The district court in Tarnów has dismissed ABM Solid’s application to change its bankruptcy proceedings from a liquidation of its assets to a bankruptcy open to arrangements.

Mostostal Zabrze to build for BASF

POLAND Mostostal Zabrze-Holding has signed a letter of intent with BASF Polska to fit out a catalytic converter factory for BASF in Środa Śląska.

Murapol buys Katowice property

POLAND Murapol has purchased a 2.8 ha plot on ul. Bażantów in Katowice from TUP subsidiary Forest Hill.

Emmerson prepares for expansion

POLAND Now is the time for Polish real estate companies to begin expanding because he has identified an increasing trend for Polish investors bringing capital to the market, according to Nigel Wade, who has recently become a member of the board of consultancy Emmerson with responsibility for the commercial real estate department as well as corporate strategy.

Eiffage to build Kraków estate

POLAND Eiffage Budownictwo Mitex has signed a contract with Echo Investment to build a housing estate on ul. Korzeniowski in Kraków.

NEPI to build Cluj office

ROMANIA New European Property Investments is to begin construction work on The Office project in Cluj-Napoca in a joint venture with Ovidiu Sandor, according to local media sources.

Lords LB launches EUR 50 mln fund

LITHUANIA Lords LB Asset Management has begun raising funds for its Lords Baltic Fund III.

Orange signs 9,000 sqm lease

ROMANIA Telecommunications operator Orange has renewed and extended its lease in Europe House in Bucharest.

Kraków breaks into outsourcing top ten

POLAND Kraków has entered the top ten global outsourcing locations, according to Tholons’ Top 100 Outsourcing Destinations report for 2013.

Building permit for CBF Nowy Świat

POLAND The Mars FIZ investment fund has been granted a final building permit to build the CBF Nowy Świat office building close to pl. Trzech Krzyży and the Warsaw Stock Exchange.

HB Reavis loaned EUR 64.5 mln for City Business Center

SLOVAKIA HB Reavis has been granted a EUR 64.5 mln loan to refinance its City Business Center in Bratislava from Erste Group and another undisclosed lender.

Golub GetHouse secures permit for Grzybowska 78

POLAND Golub GetHouse has obtained a valid building permit for a project at ul. Grzybowska 78 in Warsaw's Wola district.

CAT and Valeo lease 11,000 sqm from Segro

POLAND Automotive component producer Valeo Service Eastern Europe and logistics operator CAT LC Polska have both signed a long-term lease for almost 11,000 sqm of warehouse and office space in Tulipan Park Stryków.

Silesian properties of PKP up for grabs

POLAND The Polish State Railways (PKP) has sold a property on ul. Braniborska in Wrocław for PLN 12.6 mln. The buyer of the two plots with an area of 1.21 ha is a private company. The transaction was finalised in January.

Thousand metres for LPP in Zielone Wzgórze

POLAND The Carrefour Zielone Wzgórze shopping centre in Białystok has gained a number of new tenants.

Erbud waits for Modlin runway analysis

POLAND Erbud, the contractor of the runway at Modlin airport, maintains that the contractor error has been ruled out by a preliminary analysis of the project construction process.

Kielce SEZ to grow

POLAND Kielce city council has decided that a number of plots on ul. Olszewskiego and ul. Pakosz will be added to the local Special Economic Zone.

TUP plans to extend City Point

POLAND TUP Property has acquired a site development conditions decision from the Mayor of Tychy for its City Point project in Tychy.

IKEA opening in April 2014

SERBIA First deputy prime minister Aleksandar Vučić has announced that IKEA is to open its first Serbian store in Belgrade in April 2014, according to local media sources.

Record year for CBRE