News

POLAND By the end of October, 22 Czerwona Torebka centres should be operating in Poland, including centres in Łęczna (Lublin province), Braniewo (Warmian-Masurian province) and Skarżysko-Kamienna (Świętokrzyskie province).

Mostostal to build Białystok roads

POLAND Mostostal Warszawa has signed a contract with the city of Białystok worth PLN 30.6 mln to redevelop a section ul. Ciołkowskiego and to build ul. Sławińskiego from ul. Kawaleryjska to ul. Ciołkowskiego.

LPP pre-leases 4,000 sqm in IKEA centre

POLAND Inter IKEA Centre Group Poland has signed leases with the first tenants of a shopping centre it is developing in Lublin.

Alterco avoids liquidation

POLAND The Warsaw district court has decided to prevent the seizure of Alterco’s assets and halt the seizure of the firm’s bank accounts.

BIK retail park in Bielsko-Biała

POLAND Kraków-based Biuro Inwestycji Kapitałowych and Tom Investment Group is to develop Retail Park Bielsko on al. Andersa in Bielsko Biała.

Segro builds BTS facility for Decathlon

POLAND Segro has built a 31,700 sqm BTS distribution centre for the Decathlon sports chain in Segro Business Park in Gliwice.

Houses with a lake view

POLAND A building permit has been issued for the Osada nad Jeziorem luxury residential project in the Masurian resort of Mikołajki.

Prague home sales still growing

CZECH REPUBLIC Sales of new apartments in Prague by the end of Q3 this year had increased slightly y-o-y, according to a report by Ekospol.

Sofia Airport Center now open

BULGARIA The first stage of Sofia Airport Center, which is being developed by Tishman, has been opened.

Caelum teams up with Sonae Sierra on ParkLake Plaza

ROMANIA Sonae Sierra and Caelum Development have signed a joint venture agreement to develop the ParkLake Plaza shopping centre in Bucharest in an investment of around EUR 185 mln.

Government to sell tech park stake

POLAND The Polish state intends to sell a 25.09 pct stake in KCI Park Technologiczny Krowodrza.

Ptak Outlet spreads its wings

POLAND Ptak Outlet, the biggest outlet centre in Poland, has now opened. Eventually, 140 stores are to occupy an area of 33,000 sqm.

Green Day cornerstone laid

POLAND The cornerstone ceremony has taken place for Skanska’s Green Day office building in Wroclaw.

Bankers like offices

EUROPE Offices are the most attractive asset class for European banks interested in property financing, according to a study by EC Harris.

More warehousing coming to market

RUSSIA In Q3 in the Moscow region, a total of 299,559 sqm of warehouse space was completed, 2.5 times more than in the same period of the previous year (111,910 sqm), according to figures from Jones Lang LaSalle.

Adama builds more Bucharest apartments

ROMANIA Immofinanz Group subsidiary Adama is to begin work on the second stages of two residential projects: Edenia Titan and Evocasa Optima.

ERBD mulls funding Zemun retail park

SERBIA The European Bank for Reconstruction and Development is considering financing the development and construction of the first phase of a retail park in Zemun, Belgrade, with a net leasable area of 15,309 sqm.

Chinese consider building motorway through Bucharest

ROMANIA China's Shanghai Urban Construction Group is considering building an elevated urban motorway in Bucharest – a project, which if built, could cost EUR 1.5 bln, according to local media.

Panattoni begins 10,800 sqm project in Żary

POLAND Panattoni Europe has started work on a 10,800 sqm warehouse in the Lotnisko industrial zone in Żary with the project to be completed in March 2013.

DHL leases 10,800 sqm more from Prologis