News

POLAND Nike is to open a 770 sqm shoe store in Factory Warsaw Annopol in Warsaw’s Białołęka district.

Mall project and supermarket go under the hammer in forced sale

08 January 2013

On January 10th liquidators RVA Insolvency Specialists is to auction off a shopping centre that is under construction as well as a supermarket. Both properties are in Focşani and owned by bankrupt investor Omnium Invest.

Shopping centre and hotel under construction in Minsk

08 January 2013

BELARUS Galleria Concept has begun construction work on a shopping centre in Minsk in an investment of USD 120 mln.

Real estate agents punished by UOKiK

POLAND The Office of Competition and Consumer Protection (UOKiK) has fined the Metrohouse & Partnerzy and Bracia Strzelczyk real estate agencies a combined total of nearly PLN 90,000.

Redan pays off its debts

POLAND In accordance with the debt restructuring agreement agreed with its creditors, Redan has issued 57,422 three-month D-series bonds with a value of just over PLN 5.74 mln to bondholders in exchange for their A-series bonds worth over PLN 5.5 mln.

Outer space contract for Skanska

POLAND The Institute of Aviation has commissioned Skanska to construct the Centre of Innovative Aviation and Outer Space Technologies (Centrum Innowacyjnych Technologii Lotniczych i Kosmicznych) in a contract worth PLN 35 mln net.

PBF Inwestor wants more

POLAND Biuro Prawno-Finansowe Inwestor, the owner of four shopping centres (Galeria Kociewska in Tczew, Galeria Kamienna in Starachowice, Centrum Handlowe Rywal in Biała Podlaska and Centrum Handlowe in Skarżysko Kamienna), is planning to build two more shopping centres.

Euromark faces liquidation

POLAND A court of Warsaw has granted the petition of Bank Millennium for the bankruptcy and liquidation of Euromark Polska and has appointed administrators.

S19 to be finished by Eurovia Polska

POLAND Eurovia Polska is to complete a 4.4 km section of the Rzeszów ring road, which forms part of the S19 expressway from Rzeszów West to Śliwcza.

Wikana apartment sales hold steady

POLAND Wikana sold 326 apartments in 2012, similar to the number it sold in 2011 (335 units).

Rank Progress builds shopping centre in Wejherowo

POLAND Rank Progress together with a partner has won a public tender to buy a 22,500 sqm plot of land in the centre bordered by ul. Sienkiewicza, ul. Wałowa, ul. Srebrny Potok, and ul. Św. Jana for PLN 7 mln net.

SOFAZ buys Gallery Actor

RUSSIA The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has purchased the Gallery Actor mixed-use office and retail complex at 16 Tverskaya ulitsa in Moscow for USD 133 mln.

Investment volumes at EUR 7.4 bln for 2012

CEE REGION Investment volumes for the CEE region in 2012 reached EUR 7.4 bln, according to figures from CBRE, representing a 35 pct decrease y-o-y.

JLL negotiates two leases

CZECH REPUBBLIC Food wholesaler Foodish has enlarged and extended its lease within Business Park Rudná to 1,850 sqm, the company intends to open a new pasta production line.

Immofinanz sells Prague office building

CZECH REPUBLIC Immofinanz Group has sold the BB Centrum Building ‘C’ in Prague to the VIG fund for an undisclosed price.

LPP sees revenue rise

POLAND LPP, the owner of clothing brands Reserved, House, Mohito and Cropp Town has recorded sales revenue for 2012 of PLN 3.2 bln, a 29 pct increase on 2011.

Budimex to finish A4 section

POLAND The General Directorate of National Roads and Motorways (GDDKiA) has chosen Budimex to build a 4-km section of the A4 motorway between the Rzeszów Zachód interchange and the Rzeszów Centralny interchange.

Exceptional hotel in Warsaw

POLAND The opening of Sound Garden Hotel – the first self-service hotel in Warsaw – is planned for April.

Minicentre to be built in Oleśnica

POLAND Rank Progress has signed a preliminary agreement to purchase land from a local developer in Oleśnica where the first of 81 planned mini shopping centres is to be built.

Construction chemical market falls