News

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

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

16 January 2013