News

POLAND Orbis has announced that according to preliminary data its revenue for Q4 2012 came to PLN 156.3 mln, representing a 4.9 pct fall on the previous year.

New companies in Łódź SEZ

POLAND Intelligent Logistic Solutions, S. i A. Pietrucha and MP Production have been granted permits to operate in Łódź Special Economic Zone.

Green light for Galeria Jagiellońska

POLAND Galeria Jagiellońska has been granted a building permit, which is to be finalised within the next two weeks.

Neinver now ISO certified

EUROPE All European centres that Neinver has managed for over a year have now been ISO certified for quality and environmental management.

Floating buildings appear in Rijek

CROATIA US based-architectural studio Zoka Zola has designed for the city of Rijek four residential buildings that appear to float above the ground with 80 apartments and a combined area of app 5,800 sqm.

PwC predicts RevPAR growth in Russia and Prague

RUSSIA/CZECH REPUBLIC RevPAR in Moscow is to reach RUB 4,052 by the end of 2013, representing an increase of 2.8 pct, according to PricewaterhouseCoopers. Tourist traffic is expected to double to 10 mln by 2020.

Third B4B building opens in Kraków

POLAND Building ‘C’ has been opened of the Bonarka4Business office complex in Kraków. The 8,700 sqm building is already 98 pct leased, to tenants such as Euroclear, CryptoTech, Herbalife and Lux Med.

New in Horizon

POLAND Skanska Property Poland has secured a number of lease contracts for office and retail space in the Green Horizon complex in Łódź.

Record year for Warsaw take-up

POLAND Eleven buildings totalling 120,000 sqm were added to the Warsaw office market in Q4 2012, bringing the modern office stock up to 3.859 mln sqm, according to the latest figures released by the Warsaw Research Forum.

Feniks for sale

22 January 2013

POLAND Colliers International has been exclusively instructed to market the Feniks office building in central Warsaw for sale by developer Europlan and co-investor Griffin Real Estate.

Two stores for Renoma

POLAND Fashion stores Gap and Sinsay, the latest brand of LPP, are to open in the Renoma department store in Wrocław by the spring.

Lidl comes to Gorzów

POLAND BPO Anioła has concluded a contract worth PLN 4.33 mln net with Lidl Polska to build a retail and services building and has also undertaken to obtain all the necessary permits.

Warsaw to build new Museum of Modern Art.

POLAND Griffin Group has received a reply from the city of Warsaw regarding its proposed offer to re-house the Museum of Modern Art, which is currently based in Griffin’s Emilia building on ul. Emilii Plater in the city centre.

CEE investment reaches EUR 7.4 bln

CEE REGION Overall investment volume for 2012 was around 35 pct lower than for 2011, falling to EUR 7.4 bln, according to figures from CBRE.

Solid Security to move into Ideal Idea Park III

POLAND Security company Solid Security has leased 1,500 sqm of office space and 3,000 sqm of warehouse space in Ideal Idea Park III in Warsaw.

AFI takes control of Ozerkovskaya

RUSSIA AFI Development has announced that it is to buy the remaining 50 pct stake in Krown Investments, which is developing the Ozerkovskaya project, from its joint venture partner, Super Passion Limited, for USD 230 mln.

Weakest ever H2 volumes

CZECH REPUBLIC In 2012, EUR 609 mln was transacted on the Czech investment market, down by 71 pct y-o-y – according to figures just published by CBRE.

King’s Street buys Galeria Leszno

POLAND King’s Street Retail, Blackstone’s retail platform in Poland, has acquired Galeria Leszno from EnergoUtech 1 for an undisclosed sum.

Sky Office Centre under construction

17 January 2013

POLAND 1 Sky Office Center, an SPV company established by the 5th Avenue Holding group, is developing the Sky Office Center building at the junction of ul. Rzymowskiego and ul. Modzelewskiego.

Batory stage two begins

17 January 2013