News

POLAND Przedsiębiorstwo Budowlane Konstanty Strus has purchased a 0.46 ha plot on ul. Jana Pawła II in Siedlce for more than PLN 1 mln. A 150 bed hotel is to be developed on the site.

JESSICA finances Sopot Complex with PLN 42 mln

POLAND Bank Gospodarstwa Krajowego has granted a low-interest loan of PLN 42 mln to Bałtycka Grupa Inwestycyjna (BGI) as part of the JESSICA initiative.

Dolny Wrzeszcz to be revitalised

POLAND A consortium of Pol-Dróg Gdańsk and Pol-Dróg Warszawa has won the tender to renovate Gdansk’s Dolny Wrzeszcz district.

Six companies interested in building car parks in Warsaw

POLAND Six companies have expressed interest in designing, constructing and operating public underground car parks in Warsaw.

Eight offers to build Czarnków ring road

POLAND The Provincial Road Authority has received eight offers in the tender to build the Czarnków ring road.

Bomi wishes to renegotiate debt repayments

POLAND Bomi, which has been declared bankrupt open to arrangements, has suggested modifying the repayment provisions with the banks which are its main creditors.

Czerwona Torebka changes business model

POLAND Shopping arcade owner Czerwona Torebka has made changes to its business model.

Marvipol sells 355 apartments in 2012

POLAND Residential developer Marvipol sold 355 apartments in 2012, compared to 503 in 2011.

Record sales for Robyg

POLAND Grupa Robyg sold a record 1,113 apartments net in 2012, representing an increase of almost 10 pct on 2011.

Dom Development announces preliminary sales figures

POLAND Dom Development sold 1,436 apartments in 2012, with 334 sold in Q4, according to preliminary data. In the previous year 1,970 apartments were handed over to clients with 549 in Q4.

Fabryka Formy takes over Green Point Fitness

POLAND Fitness centre operator Fabryka Formy has added another club to its chain by taking over Green Point Fitness in the Green Point shopping centre in Poznań. Previously the 1,700 sqm club, which now bears the Fabryka Formy logo, was owned by FitPoint.

Gazprom leases most of Varshavska Sky

RUSSIA Subsidiaries of Gazprom have leased 24,606 sqm of the Varshavka Sky [Варшавка Sky] business centre in Moscow.

Cegedim to move into Mokotów Nova

POLAND The Polish subsidiary of French pharmaceutical company Cegedim has leased 3,500 sqm in the Mokotów Nova building in Warsaw.

Bitdefender moves into DV24

ROMANIA Internet security company Bitdefender has leased 3,820 sqm of office space in the DV24 project in Bucharest.

Euro 2012 boosts hotel market

POLAND The UEFA Euro 2012 football championships generated over 175,000 room nights in the Polish host cities, according to Colliers International.

Manufacturing plant for Siniat

ROMANIA Building materials producer Siniat Romania is to build a factory in Turceni (Gorj County).

Many leases for AEW

HUNGARY AEW Europe leased more than 8,600 sqm office space in three Budapest properties over 2012.

Strong performance from Atrium

CEE REGION Shopping centre developer and operator Atrium European Real Estate has announced a 24.7 pct growth in net cash generated from operating activities to EUR 126.5 mln in 2012.

Supply outstripping demand

BULGARIA No major changes are predicted on the Bulgarian real estate market for 2013, according to Colliers International.

Profits up for Savills