News

POLAND The Garden Plaza office building is being developed on ul. Elbląska in Warsaw’s Żoliborz district. It will have a total area of 13,000 sqm with of 9,000 sqm of leasable space.

Lights on for Galeria Katowicka

POLAND ES-System has signed a contract with Neinver and PKP, the investors behind Galeria Katowicka, to supply internal and external lighting for the facility.

Awbud sells factory

POLAND Betra Nova has signed a preliminary purchase agreement with Awbud subsidiary Produkcja Wyrobów Betonowych Awbud for a manufacturing plant on ul. Łąkowa in Racibórz.

TREI Real Estate builds Vendo Park

POLAND Construction work began in November on the Vendo Park retail project on ul. Piłsudskiego in Nysa.

Architects walk away from Tallinn city hall

ESTONIA The city of Tallinn has cancelled its contract with architectural firm Bjarke Ingels Group, which had been commissioned to design a new 28,000 sqm city hall.

Work on Zagreb airport to begin in September

CROATIA Bouygues Construction subsidiary Bouygues Bâtiment International and Croatian construction company Viadukt are expected to start work on a new terminal at Zagreb airport in September.

Work begins on airport extension

BULGARIA Construction work has begun to extend Sofia Airport, according to local media reports.

Higher Estonian property sales

ESTONIA Over EUR 1.7 bln in more than 36,000 real estate sales was transacted in 2012, according to Statistics Estonia.

More tourists in Estonia

ESTONIA A total of 2.8 mln foreign tourists stayed in hotels, motels and campsites in 2012 according to Statistics Estonia, representing a 4 pct increase on the previous year.

Vodny leasing gets under way

RUSSIA MR Group has today announced the start of marketing and leasing activities at its Vodny [Водный] shopping and mixed-use project in the northwest of Moscow.

MEC comes to Diamond Park

POLAND Industrial gases producer Messer Eutectic Castolin (MEC) is to move its headquarters to Diamond Business Park Gliwice.

Konsalnet BTS Warsaw HQ announced

POLAND A 9,000 sqm office project is to be built for the new headquarters of security company Konsalnet Holding in Warsaw. Konsalnet will occupy 8,300 sqm of the building.

POLAND Erbud has proposed to Port Lotniczy Warszawa-Modlin, the investor behind Modlin Airport, to repair the runway by milling the concrete surface and laying a surface of asphalt concrete on a steel grid.

Intersport results improve

POLAND Sports store chain Intersport chain has reported a 13.2 pct y-o-y increase in turnover for 2012.

ABM Solid refused bankruptcy open to arrangements

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