News

POLAND Gras Savoye Polska is the first tenant of the Ambassador office building with a lease of 3,200 sqm.

Karawela to change

POLAND Karawela has informed us that it has changed the retail concept for its Karawela shopping centre in Toruń.

MediaHUB closer to opening

POLAND A unique glass facade has been completed on a complex in Łódź that includes the MediaHUB office building and the DoubleTree by Hilton Łódź hotel.

Investment remains weak in the region

CE REGION Investment activity in the core Central European markets of Poland, the Czech Republic, Slovakia, Hungary and Romania increased marginally to EUR 536 mln in Q3 2012, which compares with EUR 435 mln invested in Q2.

P3 to build new park

SLOVAKIA PointPark Properties has confirmed that it intends to build a new logistics centre near Bratislava airport, but has not yet given any further details.

Lucky 13 for Aranybika Hotel?

HUNGARY The historic Aranybika Hotel in Debrecen has been put up for sale for the 13th time by its liquidator, Kelet-Holding.

Sun offices goes BREEAM

ROMANIA Sun Offices in Bucharest, which is owned by S Immo, has been awarded BREEAM certification.

Asmita Gardens restructured

ROMANIA A court in Bucharest has approved a plan to restructure the bankrupt Asmita Gardens, the developer of the Asmita Gardens residential complex in Bucharest.

Skopje City Mall opens

MACEDONIA Skopje City Mall has been officially opened.

Most Varsovians have own apartment

POLAND Nearly three quarters of adult Varsovians live in their own apartments or apartments that belong to their families.

Rank Progress fills retail park in Grudziądz

POLAND A 5,500 sqm retail park being developed by Rank Progress in Grudziądz is nearly 100 pct leased with tenants that include Media Expert and JYSK.

PPP car parks to be built in Warsaw

POLAND Companies that are willing to take part in a tender to design, build and operate underground car parks in Warsaw have until November 28th to apply.

Biedronka instead of Bomi

POLAND The former Bomi store in the Stara Cegielnia shopping centre in Szczecin is to be taken over by Biedronka.

Little price differentiation in Moscow hotels

RUSSIA In the upper upscale segment of the Moscow hotel market occupancy has risen from around 55 pct to 65 pct and RevPAR is almost 22 pct up on the 2011 figures and is the highest since 2008 being only 1,000 RUB below the RevPAR of the luxury segment.

BNP Paribas provides Oxygen Park finance

POLAND BNP Paribas is to provide an unspecified loan for the construction of the Oxygen Park office building in Warsaw.

Hochtief to modernise Warsaw Airport terminal by 2014

POLAND A consortium of Hochtief Polska and Hochtief Solutions is to rebuild and modernise the ‘T1’ passenger terminal of Chopin Airport in Warsaw by the end of 2014.

Colliers to manage Green House

HUNGARY Colliers International has been appointed property manager of the 17,800 sqm Green House office building, currently under construction in Budapest.

Żywiec to open Piotrków warehouse

POLAND Polish beer manufacturer Żywiec Group has leased 1,800 sqm of warehouse space in Europolis Park Poland Central in Wola Bykowska near Piotrków Trybunalski.

Anchor Grup begins extension work on two malls

ROMANIA Anchor Grup has launched the renovation and refurbishment of two shopping centres in an investment of EUR 50 mln.

USD 5.52 bln Russian investment in first nine months