News

Eften buys office building

LATVIA Eften Real Estate Fund has acquired an office building in Riga. This is the fund’s first purchase in Riga and its second in Latvia.

Etalon to deliver 467,000 sqm this year

RUSSIA Etalon Group plans to complete seventeen residential buildings this year with a net sellable area (nsa) of 467,000 sqm.

Office & mixed-use development

More Play for longer in Marynarska Business Park

POLAND Mobile phone operator Play has extended and expanded its lease in Marynarska Business Park in Warsaw.

Baby Store to open in Moscow

RUSSIA Moscow-based developer Imagine Estate plans to open the Baby Store shopping centre in the capital city in the second quarter of 2014

Office & mixed-use development

Tristan fund buys Mokotów Nova for EUR 121 mln

POLAND The CCPIII core-plus real estate fund advised by Tristan Capital Partners has agreed to buy the Mokotów Nova office complex in Warsaw from Ghelamco for EUR 121 mln net.

Investment increases by a third

RUSSIA Russian real estate investment volumes reached USD 3.7 bln in the first half of this year, according to data provided by Jones Lang LaSalle.

Murapol to build 800 apartments and prepare two projects

Węgrów centre opens

Erbud starts working in Oleśnica

18th Mercure hotel in Poland

Investment & finance

Blackstone poised to take over Multi Corporation

WORLD The European Commission has been notified of the proposed takeover of Dutch-based Multi Corporation by US-based private equity group Blackstone.

Investment & finance

Sale of Aquarius finalised

POLAND Echo Investment has closed the sale of the Aquarius Business House office building in central Wrocław.

Office & mixed-use development

Květinový dům appeals dismissed

CZECH REPUBLIC A final decision has been taken by Czech culture minister Alena Hanáková giving the final go-ahead for the demolition of a building on the corner of Wenceslas Square and Opletalova in Prague.

Office & mixed-use development

Malta House half full

POLAND Skanska Property Poland has signed four contracts for the lease of space in its Malta House office project in Poznań.

Office & mixed-use development

‘Very Good’ BREEAM In-Use for Eurovea Central

SLOVAKIA The Eurovea Central ‘1’, ‘2’ and ‘3’ buildings in Bratislava have all obtained BREEAM In-Use environmental certification at the ‘Very Good’ level.

Homes sales on the up

CZECH REPUBLIC The second quarter of the year saw a 24 pct y-o-y increase in the number of homes sold in Prague, according to residential agents Ekospol.

Moscow to build largest European oceanarium

RUSSIA The largest marine life educational and entertainment centre in Europe is to be built in Moscow in an investment of RUB 2.1 bln (app. EUR 49 mln).

Tetris Hall to be delivered by the end of 2015

UKRAINE Kyiv-based developer K.A.N Development is planning to deliver Tetris Hall residential project in the capital city by the end of 2015.

Lenta to issue EUR 750 mln of bonds

RUSSIA Lenta, one of the largest supermarket chains in Russia, is planning a secondary issue of ten-year bonds with the total value of RUB 33 bln (app. EUR 766 mln) and a nominal bond value RUB 1,000.

Vacancy on main shopping thoroughfares only 5 pct

RUSSIA Vacant retail space on Moscow’s major shopping thoroughfares averages at only 5 pct, according to research by Jones Lang LaSalle.