ROMANIA In December 2012, a total of 2,342 building permits were issued for residential buildings, representing a 10.4 pct decrease on the previous month and a 14.2 pct decrease on December 2011, according to data from Romania’s National Institute of Statistics (INS).
RUSSIA MR Group has begun the construction phase for its Vodny office and retail complex in the northwest of Moscow, the completion of which is scheduled for Q2 2014.
EUROPE Goodman Group completed over 820,000 sqm of warehouse space across continental Europe in 2012 and leased over 850,000 sqm.
POLAND A total of 900,000 sqm of office space in Poland will be leased over 2013, according to predictions from Colliers International.
RUSSIA Real Service, a subsidiary of developer Mirland, has received a letter from the city of Moscow informing it of the decision to revoke the lease of a 0.9 ha plot where the company is planning to develop its Skyscraper project.
CZECH REPUBLIC Logistics services company Hellmann has leased 20,000 sqm in CTPark Bor in Plzeň region.. It is to start operations in the facility in March this year.
POLAND Polimex-Mostostal has signed an agreement with its creditors to reduce its fixed costs by a minimum of PLN 300 mln by 2015.
POLAND Grupa Kapitałowa Redan generated consolidated sales revenue of PLN 437.1 mln for 2012, representing a 15 pct increase on 2011.
POLAND The Rzeszów branch of the General Directorate of National Roads and Motorways (GDDKiA) has signed a PLN 66 mln contract with a consortium made up of Przedsiębiorstwo Robót Inżynieryjnych Pol-Aqua (the leader) and Dragados for the construction of a 3.6 km section of the Leżajsk ring road.
POLAND Platinum Properties Group (PPG) has revised its estimated net profit for 2012 to PLN 13 mln – up on the PLN 12 mln that it predicted earlier. The developer now estimates its turnover at PLN 44 mln, compared to its previous forecast of PLN 30 mln.
POLAND Grupa Hotelowa Orbis is to stop building its own hotels from 2014 and focus on developing its chain through franchising and management contracts.
POLAND In 2013 Dolcan is to put 782 apartments on the market. The developer is also to start construction work on the second stage of its Ogrody Ochota estate in Warsaw, an investment of app. PLN 90 mln.
POLAND Grupa Robyg has borrowed PLN 15 mln from Millennium bank to finance a residential project on al. Rzeczypospolitej in Warsaw’s Wilanów district.
ESTONIA The town of Haapsalu is to lose EUR 100,000 in grants from Enterprise Estonia due to irregularities in the tender procedure for the general contractor of the town’s cultural centre.
CZECH REPUBLIC Internet sales reached CZK 43 bln (EUR 1.68 bln) in the Czech Republic in 2012, which is the equivalent of 46 shopping centres, according to Cushman & Wakefield.
RUSSIA WebMediaGroup, a company that provides online games, video and retail, has leased 1,037 sqm of office space in the Tropicano business centre on ulitsa Krasnaya Presnya in Moscow.
CROATIA The European Investment Bank is to lend EUR 250 mln to the Croatian Bank for Reconstruction and Development (HBOR) to finance a number of projects throughout the country, including infrastructure projects supported by local authorities and tourism schemes.
POLAND Law firm Schoenherr has leased over 700 sqm in Le Palais on ul. Próżna in Warsaw.
POLAND Logistics operator No Limit has leased warehouses in Pruszków and Wrocław with a total space of 15,000 sqm.
POLAND/BULGARIA Jones Lang LaSalle Hotels & Hospitality Group has been appointed as the exclusive agent for the sale of the freehold interests of the Sheraton Kraków and Hilton Sofia hotels.
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