News

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

21 January 2013

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

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

POLAND Agencja Inwestycyjna has started work on the second stage of the Batory estate in Poznań’s Piątkowo district.

Mostostal-Zabrze to modernise laboratories

POLAND Gliwickie Przedsiębiorstwo Budownictwa Przemysłowego, a subsidiary of Mostostal-Zabrze, has signed a PLN 4.8 mln contract with the Institute of Medical Technology and Equipment to modernise the Silesian Biomedical Engineering Research Laboratories of the ITAM Research Centre in Zabrze.

Rossmann sees PLN 5 bln turnover

POLAND Drug store chain Rossmann recorded a total turnover of more than PLN 5 bln for 2012 in Poland, representing a rise of 17 pct.

Galeria Wisła tenants stay put

POLAND Galeria Wisła in Płock, which is owned by Caelum Development, underwent a recommercialisation process throughout 2012, since the leases of 37 of its tenants expired after the first five years of the centre’s operations.

Gromada sells Ostrowiec hotel

POLAND The Gromada hotel chain has sold its hotel in Ostrowiec Świętokrzyski to a private investor.

Work begins on Augustów ring road

POLAND Budimex has begun construction work on a ring road of over 34 km around Augustów.

Romanian sales up, Polish sales down

WORLD Carrefour has announced disappointing sales in Europe (excluding France) for 2012 with a drop of 2.5 pct to EUR 23.6 bln on the previous year and a fall 2.4 pct in Q4 on the same period of 2011 to EUR 6.3 bln.

Modřanský Háj enters new stage