News

ROMANIA Raiffeisen Bank International is to provide financing of over EUR 30 mln to AFI Europe for the development of the AFI Palace Ploieşti shopping centre in Ploieşti.

DNB to move into Quadrum Business City

16 January 2013

LITHUANIA DNB bank has leased over 10,000 sqm in Quadrum Business City in Vilnius and is planning to move into the building in the fourth quarter of 2015.

Helaba provides EUR 59 mln for Warta Tower

16 January 2013

POLAND German bank Helaba is providing EUR 59 mln in financing to Chmielna Inwestycje (part of the Kulczyk Real Estate Holding group) for the Warta Tower building in central Warsaw.

Marvipol turns focus to apartments

POLAND Marvipol plans to focus on the development of apartments and is therefore considering the sale of its Prosta Tower office building in Warsaw.

Two projects in Toruń

POLAND Skanska has signed a contract with the city of Toruń to build a 1.5 km section of the Northern Intercity Road from ul. Grudządzka to Szosa Chełmińska.

Karuzela to be built in Wodzisław Śląski before year end

POLAND The construction of the Karuzela shopping centre on Wodzisław Śląski is to start at the end of January.

POLAND The secondary residential market in Poland is characterised by decreasing prices, prolonged sales times, and the growing popularity of smaller and smaller apartments, according to the Polish Real Estate Federation’s summary of 2012.

New Yorker comes to Ogrody

POLAND New Yorker is to open a store in the extended Ogrody shopping centre in Elbląg, an investment by CBRE Global Investors.

Ticket sales up for Cinema City

CEE REGION Cinema City International has announced that it sold a total of 36.3 mln tickets in all its countries of operation in 2012, up by 2.5 pct on the 35.5 mln sold in the previous year.

H&M enters Piła

POLAND The first H&M store in Piła is to open in the town’s Atrium Kasztanowa shopping centre.

Luxury stores to open in Il Bacio di Stile

HUNGARY The 5,000 sqm Il Bacio di Stile exclusive shopping centre is soon to open on Andrássy út after a EUR 17 mln investment in the historic building’s restoration.

EU provides EUR 13.92 mln for Ploieşti flyover

ROMANIA The EU’s Regional Operational Programme 2007–2013, managed by the Ministry of Regional Development and Public Administration, is to provide EUR 13.92 mln in financing for a flyover in Ploieşti.

C&W to manage Feniks

POLAND Cushman & Wakefield has been appointed manager of the Feniks office building in Warsaw.

Riga airport plots up for auction

LATVIA Riga city council is auctioning 22 plots with a combined area of just over 40 ha next to Riga International Airport.

Stokrotka establishes 27,000 sqm distribution centre

POLAND Supermarket chain Stokrotka has signed a 27,000 sqm lease in Prologis Park Teresin.The company, which is to occupy all of building ‘2’, is to convert 5,000 sqm into a cold storage area.

Bank pays Polnord for claims against Warsaw

POLAND Polnord has received PLN 10 mln from Polski Bank Przedsiębiorczości. It is the second tranche of a payment totalling PLN 25 mln for its claims against the city of Warsaw that it sold to the bank.

Work to start on Warsaw’s river banks

POLAND The city of Warsaw has signed a contract for the construction of a beach pavilion on the right bank of the Vistula River. Konsolid won the tender with an offer to carrying out the work within 250 days at a cost of PLN 4.24 mln.

Batory mall still changing

POLAND The Batory shopping centre in Gdynia, owned by Pomorze Inwestment, is to be modernised. Both the mall’s interior and exterior are to be renovated.

Technological parks in Kraków in Katowice to expand

POLAND The government has decided to extend Kraków Technology Park by more than 70 ha, which will increase its size up to 628 ha.

Bielany retail park has building permit