News

POLAND The opening ceremony has taken place for the Macredo Center shopping gallery and retail park in Władysławowo on the outskirts of Ciechanów.

City Green Court sale goes through

CZECH REPUBLIC Skanska Property Czech Republic has finalised the sale of its newly completed City Green Court project in Prague 4 to Deka Immobilien Investment for EUR 53.7 mln. CBRE advised the seller for this transaction, which was agreed in May this year.

Sberbank gives PIK more breathing space

RUSSIA Residential real estate developer PIK Group has reached agreement with Sberbank, the group’s largest creditor, to extend its existing debt repayment schedule.

HB receives FBC I refinancing and reveals Warsaw station plans

SLOVAKIA/POLAND HB Reavis has been granted a EUR 29 mln loan by Slovenská Sporiteľňa bank to refinance the development of Forum Business Center I in Bratislava.

Auchan buys Real for EUR 1.1 bln

CEE REGION Groupe Auchan has signed a EUR 1.1 bln purchase agreement with German retailer Metro Group to buy the operational activities of the Real hypermarket chain in Poland, Romania, Russia and Ukraine.

Żyrardów has ring road

POLAND Żyrardów has a ring road. A 15-km section along national road no. 50 has been opened. The road consists of three lanes with one lane running in one direction and the other two running in the opposite direction.

Investor interested in PBG

POLAND A company from the construction industry that invests in the power industry could invest in PBG, claims Jerzy Wiśniewski, president of the supervisory board of PBG.

Final stage of Adria estate begins

POLAND Construction work on the third and final stage of the Adria estate, which is being built in Warsaw’s Gocław district, has started.

20,000 sqm for Auchan in Lublin

POLAND The Atrium Felicity shopping centre in Lublin is to be anchored by a 20,000 sqm Auchan hypermarket.

Waryński plans to build offices in Wola

Aneta Cichla

POLAND By mid 2013 Grupa Waryński hopes to obtain a building permit for an office building on the corner of ul. Ordona and ul. Jana Kazimierza in Warsaw.

Aviation contracts of FB Antczak

POLAND FB Antczak of Kalisz has been appointed general contractor to build a modern 4,300 sqm office building in Wrocław for the Engineering Research and Development Centre of UTC Aerospace Systems.

Elfa produces goods in Koszalin

POLAND Elfa Manufacturing Poland has opened a factory in Koszalin, within the Słupsk Special Economic Zone.

Gemini Park even bigger

POLAND After its extension, the Gemini Park Bielsko-Biała shopping centre will increase its retail space from 27,500 sqm to 49,000 sqm, and not 43,500 sqm as was previously planned.

Mostostal Warszawa repairs road for PLN 33.7 mln

POLAND A 900m section of national road no. 81 in Wiślica has been renovated.

Passerinvest acquires Nove Butovice

CZECH REPUBLIC Real Estate Metronom has sold its Nove Butovice residential project in Prague 13 to Passerinvest.

Construction activity rises

ESTONIA In Q3 2012 total Estonian construction output grew by 15 pct to EUR 634 mln, a 15 pct increase on the same period of the previous year according to Estonian Statistics.

City Green Court awarded ‘Platinum’

CZECH REPUBLIC City Green Court in Prague 4 has received LEED at the ‘Platinum’ level for core and shell.

RomReal renegotiates loan

ROMANIA RomReal has extended it EUR 11.6 mln loan with Alpha Bank for a further three years until November 30th 2015 with the option to extend the loan on maturity for a further two years.

Echo to bring West Gate to Wrocław

POLAND Kielce-based Echo Investment is planning a new office project in Wrocław, which is to be delivered in 2014.

Mostostal pays Warsaw PLN 5.5 mln

28 November 2012