News

POLAND The Polish state has permitted Jan Wieczorkowski and the Thermaleo company to carry out a study of the Uzdrowisko Rabka health resort in Rabka-Zdrój, opening the way for a binding offer to be made to purchase 91 pct of the health resort’s shares.

Hines lays Foundation stone in Gdańsk

POLAND Hines has laid the foundation stone of Centrum Biurowe Neptun on al. Grunwaldzka in Gdańsk.

Serbia seeks financing for motorways

SERBIA Economy Minister Mlađan Dinkić has applied for an EUR 850 mln loan from China Exim Bank to finance motorway construction in the country.

Pólus Center to be renovated

HUNGARY The Pólus Center shopping centre in Budapest is being renovated at a cost of HUF 1 bln (EUR 3.5 mln).

Bosch lays foundation stone

SERBIA Bosch has laid the foundation stone of it new windscreen wiper factory in Pećinci.

Renaissance for GLL

POLAND A fund managed by GLL Real Estate Partners has purchased the Renaissance office building on Plac Zbawiciela in Warsaw from Falcon Real Estate Investments.

Mary Kay comes to Gate One

POLAND Mary Kay Cosmetics has leased 1,400 sqm of warehouse and office space in Gate One Business Park in Warsaw.

Pasaż Świętokrzyski to be extended

POLAND West Coast Capital together with Catalyst Capital plan to extend Pasaż Świętokrzyski in Kielce.

DB Schenker takes up more space in Phoenix

ROMANIA Logistics operator DB Schenker has leased a second unit of 5,200 sqm in Phoenix Logistics Center in Bucharest and now is to occupy a total of 10,400 sqm.

ibis Style to come to Reda

POLAND Orbis has signed a franchise agreement with a three-star hotel in Reda near Gdynia.

ECI to manufacture lifts

POLAND Developer Europejskie Centrum Inwestycyjne, in a consortium with New City Postępu II, has won a public open tender held by the Treasury to purchase 85 pct of the shares of WFD Translif, a company that has manufactured lifts for over 60 years.

Gerente – Serwis Nieruchomości to manage LOT properties

POLAND Gerente – Serwis Nieruchomości has won a tender to manage a number of properties owned by LOT Polish airlines.

Intermarché replaces Bomi

POLAND Intermarché has occupied the premises of the bankrupt Bomi grocery chain in Centrum Ferio in Konin.

Designs in for second metro line

POLAND Metro Warszawskie has signed agreements with the winners of the design competition for a number of stations on Warsaw’s second metro line.

Logistics market still stagnant

HUNGARY No new supply was seen on the Hungarian industrial and logistics market in H1 2012.

New office supply in Moscow slightly down

RUSSIA Around 170,000 sqm of new office space should was completed in Moscow in Q3 2012, bringing the total new supply for the first three quarters up to 387,000 sqm (a 12 pct decrease on the same period of 2011).

NEPI issue over 3 mln new shares

ROMANIA New Europe Property Investments (NEPI) has issued a total of 3,224,460 new shares to those shareholders who elected to receive extra shares instead of a cash dividend.

Augur Estate builds Wall Street

RUSSIA Augur Estate is currently building the Wall Street mixed-use complex in Moscow. Two eight storey buildings are to provide 31,000 sqm gla.

YIT starts building in Lytkarino

RUSSIA YIT subsidiary YIT Moskovia has begun construction work on a residential estate in Lytkarino near Moscow.

Dalkia to move to Unii Lubelskiej square

21 September 2012