News

POLAND The Fashion Days online shopping club, which is owned by the Allegro Group, has leased 970 sqm in the Victoria Business Center office building in Poznań, where it is to set up an office, a studio and a storage room.

Diamond Business Park Gliwice now BREEAM certified

POLAND Diamond Business Park in Gliwice, which is owned by AIG/Lincoln Polska, has been certified as BREEAM In-Use ‘Very Good’ for building management and ‘Good’ for asset rating (for waste management and the use of environmentally-friendly materials).

Changes in Blue City

POLAND The owner of Warsaw’s Blue City shopping centre has proposed to increase the sizes of its food court and entertainment area as well as add extra office space.

Terms changed for Mercure Zakopane acquisition

POLAND The preliminary purchase conditions for the sale of the Mercure Zakopane hotel have been amended.

Second stage of Patio Avenir underway

POLAND Bouygues Immobilier Polska has started the development of the second stage of the Patio Avenir project in Warsaw’s Bemowo district.

SAP Property estate in Poznań-Grunwald

POLAND A new residential estate called Dwór Marcelin II is being built in Poznań’s Grunwald district.

Mostostal to build Tychy stadium

POLAND Mostostal Warszawa has signed a contract with Tyski Sport to build Tychy’s municipal stadium.

Competition to redesign Narutowicza square

POLAND The city of Warsaw has announced an architectural competition for the development of the pl. Narutowicza square.

Over 656 km of roads open in 2012

POLAND In 2012 the General Directorate of National Roads and Motorways (GDDKiA) opened 656.72 km of roads, including 294.01 km of motorways and 329.72 km of expressways.

Immofinanz adds Nimbus to Warsaw

POLAND Immofinanz Group has started work on its first office project in Warsaw. The Nimbus office building, which will have a leasable area of 19,000 sqm, is to be built on Al. Jerozolimskie in the city’s western Ochota district.

EC Harris becomes part of Arcadis

EUROPE The European offices of consultancy EC Harris are to be taken over by international consulting and engineering firm Arcadis from January 2013.

Galaxy in Smolensk

RUSSIA The X5 Retail Group has opened a Carousel [Карусель] hypermarket in the Galaxy [Галактика] shopping centre in Smolensk.

Russia takes over from Poland as CEE investment volumes slip

EUROPE Commercial real estate investment in Europe totalled EUR 28.3 bln in Q3 2012 – a 14 pct increase on the level recorded in Q2 2012 and almost exactly the same as in Q3 2011, according to CBRE.

Morgan Stanley poised to buy Metropolis “for USD 1.9 bln”

17 December 2012

RUSSIA Morgan Stanley is concluding exclusive negotiations to buy the Metropolis shopping centre in Moscow for a price rumoured to be around USD 1.9 bln, according to media sources.

HopStop retail parks enter the market

POLAND Katharsis Development is planning to build a chain of convenience retail parks under the HopStop brand. Its first centres will be built in Warsaw, Radom, Siedlce and Zamość.

Senator now 80 pct leased

POLAND Discovery Networks CEEMEA has leased over 1,800 sqm from Ghelamco Poland in the Senator office building in Warsaw and is to move into its new offices in March 2013.

Cinema3D in Galeria Leszno

POLAND Cinema3D is to open a four-screen multiplex in Galeria Leszno, its fourth cinema after Galeria Twierdza in Kłodzko, Galeria Tęcza in Kalisz and Galeria Świdnicka.

Redan requests debt reschedule

POLAND Grupa Redan has presented its creditors with a proposal to reschedule its debt repayments. Redan has asked the banks and bond holders to suspend the repayment of the principal until the end of February 2013, which was originally to be repaid before this date.

Skobud to build MPTI second stage

POLAND Przedsiębiorstwo Budownictwa Ogólnego Skobud has signed a PLN 41.2 mln contract with Kraków Technology Park to build the second stage of the Małopolska Information Technology Park (MPTI).

PGR Farmland redeveloped