News

POLAND Jones Lang LaSalle is predicting a Polish commercial real estate transaction volume of at least EUR 2.5 bln for 2012.

Bluehouse buys the last of Infopark

21 December 2012

HUNGARY IVG Immobilien has sold the last of the six office properties it developed in Budapest’s Infopark. The buyer of Infopark ‘E’ is Bluehouse Capital, which specialises in property investment in the CEE and SEE regions.

InterContinental Warsaw sale signed and sealed

21 December 2012

POLAND The sale of the InterContinental hotel in Warsaw to WestInvest InterSelect, a retail real estate fund of Germany’s DekaBank group, was finalised today.

Historic hotel reopens

ROMANIA The Hotel Cişmigiu in Bucharest has reopened after a EUR 15 mln renovation by Spanish developer Hercesa, report local media.

Unibep to build Akwatoria Avantel

RUSSIA Unibep has been chosen by Lido to construct the Akwatoria Avantel sanatorium/conference centre in the Moscow region for app EUR 21 mln net.

Moscow eighth most expensive

EUROPE Moscow is the eighth most expensive city in the world in terms of office cost, according to a survey by CBRE.

More tenants come to Swan

ROMANIA Swan Office & Technology Park in Bucharest has increased its occupancy rate to 35 pct with a number of new leases.

Four Winds changes hands

RUSSIA Capricornus Investments has bought the Westec Four Winds office and residential project in Moscow from AFI Development and S&T Equity.

Strahov Stadium sold to Czech FA

CZECH REPUBLIC The Czech Sports Association (ČSTV) has agreed to sell the massive Velký Strahovský Stadion or Strahov Stadium in Prague, as well as the adjacent Stadion Evžena Rošického football stadium, the Přátelství athletics ground and the Coubertin hotel, to the Czech Football Association (FAČR) – according to local media reports.

KappAhl and Simple to stay in Galeria Wisła

POLAND lease contracts have been renewed with two of the tenants of Galeria Wisła in Płock for a further five years: KappAhl (805 sqm) and Simple (115 sqm).

Subway to conquer Polish palates

POLAND Fast food chain Subway is to intensify its efforts to attract Polish customers and to focus on growth.

Aparthotel opens in Szklarska Poręba

POLAND On Friday December 21st, Zdrojowa Invest is to open its Cristal Resort Szklarska Poręba aparthotel on ul. Kołłątaja in the mountain resort of Szklarska Poręba.

Mikołajki Resort in DeSilva chain

POLAND The newly-built Mikołajki Resort hotel in Jora Wielka near Mikołajki is to be the seventh hotel in the DeSilva chain from June 2013. It will be the group’s first tourist hotel and its first in the Mazury region.

PHN with new privatisation plan

POLAND The government has changed its plans to privatise Polski Holding Nieruchomości. The sale is now to take place in two stages.

Local councils to take over health resorts

POLAND The government is proposing to hand over six health resorts that were not included in an earlier privatisation programme to local government authorities.

Galeria S topped out

POLAND Przedsiębiorstwo Budowlane Konstanty Strus has topped off the extended Galeria S, a building which it owns at the junction of ul. Piłsudskiego and ul. Wojskowa in Siedlce.

Polnord restructures debt

POLAND Polnord has redeemed all its bonds that matured in 2012 with a total nominal value of PLN 241.7 mln, using its own funds.

Deichmann comes to Europa Centralna

POLAND Footwear retailer Deichmann has leased 540 sqm in Europa Centralna, a 75,000 sqm shopping centre and retail park under construction on a 27 ha site on ul. Pszczyńska outside Gliwice.

Adidas leases 65,000 sqm in PNK-Chekhov II

RUSSIA Adidas has leased a 65,000 sqm warehouse terminal in the PNK-Chekhov II industrial park, south of Moscow, which is now under construction

Two lease extensions for Panattoni in Błonie