News

BULGARIA The City Center Sofia shopping centre is to change its cinema operator. In June Cine Grand will reopen the recently refurbished 3,800 sqm multiplex, which will have six screens and 1,200 seats.

Mega Image opens in Bucharest

ROMANIA Mega Image, which is owned by the Delhaize group, has today (January 31st) opened its largest grocery store in Romania, in Bucharest, with 1,600 sqm of retail space.

Quiet quarter for Bratislava offices

SLOVAKIA No new office buildings were completed in Bratislava in Q4 2012, but there was nevertheless a slight increase in vacancy, according to the Bratislava Research Forum.

New urban plan for Bucharest

ROMANIA A consortium led by the Ion Mincu University of Architecture and Urbanism in partnership with Spanish architectural studio Arnaiz Consultores has won the competition to redesign the urban plan for Bucharest.

Orco’s Bubny project moves step closer

CZECH REPUBLIC Prague’s city assembly has granted the city of Prague the authority to restart the procedure for changing the masterplan to allow the large-scale Bubny redevelopment project to go ahead.

Tamex to carry out PLN 5 mln renovation

POLAND Tamex Obiekty Sportowe has been commissioned by Małgorzata Sandecka – GTS to renovate a tenement building on ul. Krasiczyńska in Warsaw in a contract worth PLN 5.3 mln.

Kaufland buys from P.A. Nova

POLAND Gliwice-based P.A. Nova has sold retail complex to Kaufland Polska Markety for over PLN 23 mln.

Strong results for Ghelamco

POLAND In 2012 Ghelamco Poland leased a record 75,000 sqm, the highest ever amount in the 22-year history of the company.

Launch of Angel Wawel

POLAND Angel Wawel, part of the Angel Poland Group, is soon to launch the construction stage of its Angel Wawel residential project in Kraków, which is to include 235 apartments as well as some retail space on the ground floor of the building.

FairPlay turns loss to profit

BULGARIA FairPlay Properties made an unconsolidated profit in 2012 of BGN 1.68 mln (app. EUR 859,000.) after making a loss in 2011 of BGN 2.02 mln.

H&M sees strong sales and expands in Eastern Europe

WORLD Fashion retailer H&M Group has announced its results for 2012. The group saw sales increase by 10 pct to around SEK 120.8 bln (app. EUR 14 bln), while gross profit came in at SEK 71.8 bln corresponding to a gross margin of 59.5 pct.

Schneider in Park Rozwoju

POLAND Electrical engineering company Schneider Electric Polska has leased 7,000 sqm in Park Rozwoju, which is currently being developed by Echo Investment on ul. Konstruktorska in Warsaw.

Mine becomes cultural centre

POLAND The Stara Kopalnia coal mine complex in Wałbrzych is to be converted into one of the biggest centres of science and the arts in Eastern Europe.

Seven new stores in Galeria Solna

POLAND 4F, Prosport, Reporter, Quiosque, Coccodrillo, Centrum Zoologiczne Lemur and Galeria Kwiatów are to all open stores in the Galeria Solna shopping centre in Inowrocław.

Record results for Home Broker

POLAND Despite the crisis on the residential market, real estate agency Home Broker has considerably improved its sales results. In 2012 Home Broker negotiated the sales of 10,564 apartments, 19 pct more than in 2011.

Rossmann enters outlet centres

POLAND Rossmann is to open a drug store in an outlet centre for the first time on Polish market. The store is to be in Factory Warszawa Annopol, which is being built by Neinver Polska.

A plan for Karuzela

POLAND A new local zoning plan for the area where the Karuzela Turek retail park is to be built has come into force.

Elbfonds ready to build Marcredo Center Kutno

POLAND Elbfonds Development is hoping to receive a building permit for its Marcredo Center Kutno in February, having applied for the permit on December 28th 2012.

Unibep’s road contract

POLAND Unibep is to build and construct provincial roads no. 645 and 648, from the Podlaskie province border to Nowogród.

Awbud to build Diamond Business Park Ursus