News

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

CZECH REPUBLIC The Modřanský Háj residential complex in Cholupice in Prague 4 is being expanded by two new apartment buildings containing 48 flats.

Playing game with the Ambassador

POLAND Computer game development giant Electronic Arts Polska (EU) has leased 530 sqm of office space in the Ambassador Office Building in Warsaw.

More factory space for Faurecia

POLAND Panattoni Europe is currently constructing a second production facility for automotive supplier Faurecia.

Hays stays in Lumen

POLAND Hays Poland has renegotiated its lease of 1,265 sqm of office space in the Lumen building in central Warsaw.

Loan for second age of Aquarius

POLAND Echo Investment has concluded a loan agreement worth PLN 40.6 mln with Alior Bank for the implementation of the second stage of Aquarius Business House in central Wrocław.

Investment still strongest for Poles for Russians

RUSSIA/POLAND Transaction volumes on the Russian real estate market last year totalled USD 8.6 bln – up by 1.3 pct on 2011, according to Jones Lang LaSalle.

RT Galicya joins the ranks of Best Western

POLAND The RT Galicya hotel in Kraków, which is owned by RT Hotels (part of the Satoria Group), has joined the Best Western chain.

PRD Lubartów to construct Biłograj ring road

POLAND Biłograj council has signed a contract with Przedsiębiorstwo Robót Drogowych Lubartów to build the town’s northern ring road.

Wind powers Turawa Park

POLAND The Turawa Park shopping centre in Opole now powered by wind-generated electricity.

PBO Anioła to build retail centre for JMP

POLAND Construction company PBO Anioła has signed a contract with Jerónimo Martins Polska to build a retail and service centre in Jarocin.

Big plans for Mielno Holding-Firmus Group

POLAND Mielno Holding-Firmus Group plans to build two new residential buildings with 250 units next to its Dune luxury apartment building in Mielno.

Two deals for Nowy Dom Jabłkowskich

POLAND Architectural studio SUD Architectes has leased 410 sqm, while Apax Consulting Group and Polish Investment Fund are to share 220 sqm, in the Nowy Dom Jabłkowskich building in central Warsaw. Both leases are for a period of five years.

Robyg sells bonds to buy bonds

POLAND The Robyg group has completed a bond issue worth PLN 50 mln. The company issued 100,000 series ‘H’ unsecured bonds as well as 400,000 series ‘G’ secured bonds.

JLL predicts more retail this year

POLAND In 2012, the Polish shopping centre market expanded by 374,000 sqm to reach over 7.94 mln sqm at the end of the year, according to Jones Lang LaSalle. This represents the lowest increase in retail stock since 2004.

Platan receives BREEAM In-Use

POLAND The Platan shopping centre in Zabrze has been obtained a BREEAM In-Use certificate at the ‘Excellent’ level in the building management category and at the ‘Very Good’ level for asset rating (the ecological characteristics of the building).

Amber reaches shell stage

POLAND The shell stage of the Galeria Amber shopping centre in Kalisz has been completed.

Żabka opens distribution centre in Tulipan Park Warsaw

POLAND Żabka Polska is to open a distribution centre in Tulipan Park Warsaw, which is owned by Segro.

Tsar’s Capital gets the go-ahead