News

Retail & leisure

DL Invest to build Galeria Knurów

POLAND DL Invest Group is to develop the Galeria Knurów shopping centre in Knurów.

Office & mixed-use development

ZT Kruszwica remains in Zephirus

POLAND ZT Kruszwica has renegotiated its lease in the Zephirus building in Warsaw.

PPF Real Estate Russia ready to invest EUR 1bln

RUSSIA PPF Real Estate Russia, a subsidiary of a Czech holding PPF Real Estate Holding, is planning to invest app. EUR 1 bln in the mixed-use Telecom City complex in New Moscow, the director of the company Sergei Volotov has revealed to RIA Novosti.

Construction output falls for fifth consecutive April

CZECH REPUBLIC In April Czech construction output declined by 11.4 pct y-o-y – the fifth decrease in a row, according to the Czech Statistical Office (ČSÚ).

BetBrain enters Nouveau

ROMANIA IT company BetBrain Software has leased 1,300 sqm in the Nouveau Center in Bucharest.

Warehouse & industrial

Larger Cursor for Good Point Puławska

POLAND Marketing materials and outsourcing services provider Cursor has leased 12,600 sqm of warehouse space at Good Point Puławska.

Meridian loaned EUR 146 mln for Petersburg project

RUSSIA US-based Meridian Capital Group has obtained a five-year loan worth RUB 6.25 bln (app. EUR 146 mln) from Sberbank CIB for the development of the Vremena Goda residential complex on Moskovsky Prospect in St Petersburg.

First Retail Investment closes with EUR 75 mln

EUROPE Mitiska REIM has closed its First Retail International club deal having raised total equity commitments of EUR 75 mln.

Hampton by Hilton comes to Cluj

ROMANIA Hampton by Hilton has opened a hotel in Cluj Napoca.

Univeg expands in Bykovo

RUSSIA Univeg Logistics has agreed to lease more than 50,000 sqm of built-to-suit space in the Bykovo industrial park in the Ramensky district of the Moscow region.

Sopem orders Niepołomice plant

POLAND Hochtief is to build a production and warehouse facility in the Niepołomice Economic Industrial Zone outside Kraków.

Office building to be sold

ROMANIA Financial services company Allianz-Ţiriac is to sell its office building in Braşov.

C&W wins Actor role

RUSSIA Cushman & Wakefield has been chosen as the asset management company for Actor Gallery in Moscow.

Rank Progress to build first mini retail centre

POLAND Construction work is soon to begin on Pogodne Centrum in Oleśnica. The investor, Rank Progress, has appointed Erbud as the general contractor.

Office & mixed-use development

Awbud helps with Forum Radunia

POLAND Awbud is to carry out some of the work on the construction of the Forum Radunia mixed-use project in Gdańsk.

Construction

Dom Development completes Warsaw station

POLAND Dom Development has finished the construction of the Warszawa Zacisze-Wilno railway station in Warsaw’s Targówek district.

100,000 ecological homes could be built in Poland

POLAND Over 100,000 detached houses could be constructed in the next five years under the ‘SAMOspłacający się dom’ programme.

Green projects

BREEAM for Kraków office building

POLAND Building ‘A’ in the Quattro Business Park in Kraków has been granted a BREEAM-In-Use certificate at the ‘Very Good’ grade in the asset rating and building management categories.

The biggest real estate event of the year – December 5th 2013!

Contractor quality scrutinised again

POLAND The General Directorate of National Roads and Motorways (GDDKiA) has published the results of a study of the quality of contractors’ work in Q1 2013.