News

WORLD Jones Lang LaSalle predicts that global hotel transaction volumes will hit USD 32 bln in 2013.

Record year for C&W

HUNGARY Cushman & Wakefield mediated office leases for over 68,000 sqm in 2012, including 30,000 sqm in Q4.

Axi Immo negotiates 8,000 sqm

POLAND Axi Immo has announced that it has the negotiated the lease of 8,000 sqm of warehouse and office space in December to clients such as Netia, Spedimex, Transportir and Makak Climbing Arena.

More details of PHN flotation

POLAND The government has announced that a 25 pct stake in Polski Holding Nieruchomości is to be floated on the Warsaw Stock Exchange in Q1 2013.

First Retail International prepares invest in Europe

EUROPE Mitiska Ventures has announced that it has raised EUR 41 mln for its First Retail International (FRI) fund.

Bershka and Stradivarius in Europa Centralna

POLAND Two Inditex group brands– Bershka and Stradivarius – have leased stores in the Europa Centralna shopping centre.

Sobet declares bankruptcy

POLAND The NewConnect listed company Sobet, has filed for bankruptcy open to arrangements.

Skanska tops out Malta

POLAND The Malta House office project on ul. Baraniaka, which is being built by Skanska, has been topped out.

RE Project Development starts a new project

POLAND Ferio Wawer is the name of a new proposed shopping centre to be developed by RE Project Development. The centre is to be located at the junction of ul. Szpotańskiego and ul. Żegańska in Warsaw’s Wawer district.

H&M in Nowy Sącz to grow

POLAND The H&M clothing chain in Galeria Sandecja in Nowy Sącz is to increase in size by 600 sqm to more than 1,600 sqm.

Galeria Warmińska strengthens its tenant mix

POLAND Libra Project 2, which is responsible for the lease of the remaining area in its Galeria Warmińska project in Olsztyn, has signed a number of leases with the LPP group totalling 3,500 sqm.

Queuing up to build Poznań ring road

POLAND The Poznań branch of the General Directorate of National Roads and Motorways (GDDKiA) has invited 20 companies to the next stage of the limited tender to construct a 5.3 km section of western ring road of Poznań from Rokietnica to Tarnowo Podgórne.

Ringwood takeover of PHN approved

POLAND The Office of Competition and Consumer Protection (UOKiK) has approved Ringwood Financial’s (a subsidiary of Grupa Radius) proposed takeover of Polski Holding Nieruchomości (PHN) ruling that the deal would not limit competition.

Emilia ain’t so historical

POLAND The inclusion of the Emilia store on ul. Emilii Plater in Warsaw in the city’s index of listed buildings was contrary to the directives of the Minister of Culture.

New factory for Stoldrew

POLAND In Brzeźno, Amwin is to build a warehouse and production hall with office space and social areas for Stoldrew.

Smyk comes to Rzgów

POLAND In March, toy store Smyk is to join the tenants of the Ptak Outlet outlet centre in Rzgów near Łódź with a 550 sqm lease. The centre offers 33,000 sqm of retail space which should eventually house 140 units.

Novus in Comfort

UKRAINE Supermarket chain Novus has leased 3,800 sqm in a free standing building on the Comfort Town estate.

Tunnel tender announced

BOSNIA-HERZEGOVINA A tender has been announced to complete the construction of the 3.1 km Gorica–Bilješevo subsection of the Corridor Vc motorway, which includes finishing work on a tunnel of just under 3 km.

Hidroelectrica to move to Tower Center

ROMANIA Insolvent electricity generator Hidroelectrica has signed a ten-year lease in Tower Center, according to its court appointed administrator, Euro Sol.

CEIF granted extension on EUR 169 mln loan