RUSSIA Growing demand for industrial space in Moscow has caused the vacancy rate to drop to as little as 0.57 pct in existing projects, according to research by Jones Lang LaSalle.
Warehouse & industrial
RUSSIA Children’s goods internet retailer Esky.ru has signed a five-year lease of 7,477 sqm in Gruenestadt warehouse complex app. 40 km northwest of Moscow.
POLAND Goodman is to develop a 28,844 sqm warehouse near Sosnowiec for logistics company ILS, a subsidiary of automotive spare parts distributor Inter Cars.
Investment & finance
CZECH REPUBLIC An affiliate of Starwood Capital Group has acquired The Park office campus in Prague in what is reported to be the largest office transaction in the history of the Czech Republic.
Hotels
POLAND A four-star DoubleTree by Hilton hotel has opened in Łódź.
POLAND Inter IKEA Centre Polska has applied to the Office for Competition and Consumer Protection (UOKiK) for approval to buy the Wola Park shopping centre on ul. Górczewska in Warsaw.
Investment & finance
POLAND A consortium led by Allianz Finance has received consent from the Office for Competition and Consumer Protection (UOKiK) to buy Silesia City Centre in Katowice.
POLAND A.S. Watson, Rossmann Beteiligungs, Maruszak and Grabara are to establish a new company: RW Project Polska.
POLAND The General Directorate of National Roads and Motorways (GDDKiA) has signed a contract with Czech construction company Metrostav concerning the redevelopment of the S8 road (Trasa Armii Krajowej) including the Grota-Roweckiego bridge in Warsaw.
POLAND Wikana has raised PLN 28.1 mln from the issue series ‘A’ and ‘B’ bonds.
Construction
POLAND A consortium consisting of Budimex and Mostostal Kraków is to construct the chemistry department building of the Jagiellonian University in Kraków
Retail & leisure
POLAND New tenants have signed leases for space in the Łacina shopping centre project in Poznań.
Office & mixed-use development
POLAND The Atrium 1 office building in Warsaw, which is being developed by Skanska, has reached its full height and is moving towards completion later this year.
POLAND American company Colgate-Palmolive has started work on the expansion of its plant in Świdnica. Investments costs are expected to reach at least PLN 102.5 mln (EUR 24 mln) by the end of 2015.
Office & mixed-use development
RUSSIA PSN Group is planning to complete the development of the Aerodom Business Centre on Leningradskiy Prospekt in northern Moscow in the first quarter of 2014.
Hotels
ESTONIA Olympic Entertainment Group is to develop a 202-room Hilton hotel on the site of the current Reval Park Hotel & Casino in Tallinn in an investment of around EUR 36 mln.
POLAND The total stock of modern office space in Warsaw now exceeds 4 mln sqm, according to data for H1 2013 published by the Warsaw Research Forum.
BULGARIA Modern industrial and logistics stock increased by 28,300 sqm in Sofia region to 764,000 sqm in Q2, representing a 3.85 pct growth on the previous quarter – according to the latest Bulgarian Industrial Market report by Forton.
Investment & finance
RUSSIA Hines CalPERS Russia Long Term Hold Fund (HCRLTH) has revealed that the stake it recently bought in the Metropolis shopping centre in Moscow from the Morgan Stanley Real Estate Investing (MSREI) fund amounted to 50 pct.
CEE REGION The overall CEE investment volume in the first half of the year amounted to EUR 4.5 bln, 60 pct higher than in H1 2012 – according to the latest CEE Property Investment Market View report by CBRE.
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October 2026