News

POLAND The orthodox garrison chapel in Biała Podlaska has won the ‘Golden Trowel’ for extensions and redevelopments in the Construction of the Year 2011 awards.

Smyk in Łomianki

POLAND A Smyk store is to be opened in the Auchan Łomianki shopping centre.

Abra opens furniture store

POLAND The first Mega Abra furniture store is to be opened in Bielany Shopping Park near Wrocław.

No effect yet from Polimex-Mostostal restructure

POLAND Polimex-Mostostal’s sales revenue came to PLN 4.1 bln in 2012.

PPG raises PLN 7.5 mln for Svetly Dali

POLAND/RUSSIA Platinum Properties Group has raised PLN 7.5 mln from a public share issue on the Warsaw Stock Exchange

LPP takes up over 2,300 sqm in Chrzanów

POLAND LPP is to open five stores in the Kasztelania City Centre shopping centre.

Echo divests three malls

POLAND Echo Investment is selling three shopping centres in Radom, Tarnów and Piotrków Trybunalski.

Renewed and bigger Fiege

HUNGARY Logistics provider Fiege has renewed its 8,300 sqm lease and expanded by 3,100 sqm in the ‘DC1’ hall at Prologis Park Hegyeshalom.

Technopolis buys Vilnius office complex

LITHUANIA Technopolis has purchased a three-building office complex in Vilnius for EUR 61 mln.

Mixed results for CA Immo

EUROPE CA Immo made a loss of EUR 157.8 mln in 2012. This was still a better result than in 2011 when the company made a loss of EUR 177.9 mln.

ROMANIA Romanian developer Impact Developer & Contractor has released its results for 2012. It has declared a net loss of RON 38.79 mln (app. EUR 8.8 mln) for the period, which compares with a loss of RON 45.06 mln in the previous year.

Colliers sums up the land market

POLAND Around 85 pct of land purchases by investors were for office and residential projects, with 10 pct for retail and 5 pct for industrial projects – according to Colliers International.

Quiet Q4 for Slovakian offices

SLOVAKIA In Q4 2012 there was only one major investment transaction on the Slovak real estate market – the sale of the Europa Business Centre office complex in Banská Bystrica, according to the latest report by Jones Lang LaSalle.

Ups and downs for the Czechs this year, says Colliers

CZECH REPUBLIC Investment volume in 2013 is set to exceed the EUR 610 mln transaction last year in the Czech Republic, according to Colliers International.

SRV takes all of Septem City

RUSSIA Finnish company SRV has acquired the 12.5 pct holding of its Russian partner in the Septem City project in St Petersburg. As a result of the purchase, SRV now owns 100 pct of the project.

Work set to begin on Belgrade mall

SERBIA Construction work on the IBC Zemun shopping centre and retail park in Belgrade is to begin in the second half of the year.

Office and retail markets still buoyant

POLAND In 2012, 268,000 sqm of new office space was added to the market in 27 new buildings, according to figures from CBRE.

Warimpex to issue Polish bonds

POLAND Warimpex is to issue bonds worth PLN 80 mln in Poland, which are to trade on the Catalyst market of the Warsaw Stock Exchange.

Árkád 2 now open

HUNGARY ECE Projektmanagement has today opened its Árkád 2 shopping centre in Budapest.

Two Polish buildings honoured