News

POLAND BASF is to build a 40,000 sqm catalytic converter factory in the Środa Śląska subzone of the Legnica Special Economic Zone in an investment of EUR 150 mln.

Prologis publishes Q3 results

CEE REGION Prologis has released its results for Q3 2013, during which the company leased 272,000 sqm – app. 10 pct more than in Q2.

POLAND Globe Trade Centre has announced two lease renewals in the Nothus building in Okęcie Business Park in Warsaw Electricity distributor Eaton Power Quality is to stay in 1,200 sqm of office space, while automotive manufacturer Mitsubishi has renewed its lease of 1,000 sqm.

Europe’s tallest building topped out

RUSSIA The 338m Mercury City Tower office building has been topped out, replacing The Shard in London as the tallest building in Europe.

Greenlandiya comes to Petersburg

RUSSIA Setl City (part of the Setl Group) has started the construction and opened sales for the first of the five-stage GreenLandiya residential estate in St Petersburg’s Devyatkino district.

Retail park to be built in Warsaw

POLAND Polish company Paged has informed ‘Eurobuild CEE’ that it is to developer the Park Handlowy Okęcie retail park on ul. Mineralna in Warsaw’s Włochy district.

Another section of Poznań ring road opens

POLAND Another section of Poznań’s Western Ring Road has opened, the 7.7 km road between the Poznań Północ interchange to the Poznań Rokietnica interchange.

Hotel on ski slope

POLAND The three-star Collis hotel is to be built on a ski slope in Przemyśl on ul. Pasteura.

Vantage chooses Maćków studio

POLAND The competition for the design of Promenady Zita, the second office building in the Promenady Wrocławskie project, which is being developed by Vantage Development, has been won by a team led by Zbigniew Maćków of the Wrocław-based Maćków Pracownia Projektowa architectural studio, which defeated six other entrants.

Erbud to build domEXPO

POLAND Erbud is the general contractor of the domEXPO exhibition centre in Opole in a contract worth PLN 32 mln net.

New Yorker in Galeria Solna

POLAND The Galeria Solna shopping centre, which is being built in Inowrocław has gained another tenant from the fashion industry.

More hotels for sale

POLAND The government has completed an audit of state-owned companies with subsidiaries whose operations are unrelated to those of their parent companies and which are to be sold.

Creditor seeks Polimex bankruptcy

POLAND Inwestycje Przemysłowe has filed for the bankruptcy of Polimex-Mostostal in a Warsaw court.

Grota Bridge tender extended

POLAND The General Directorate of National Roads and Motorways (GDDKiA) is to reconsider applications made by two contractors to enter a tender to redevelop the Grota Roweckiego Bridge in Warsaw.

Warsaw reaches agreement with Mostostal

POLAND The City of Warsaw has concluded an agreement with Mostostal Export, which could lead to the conclusion of 6 years of litigation over contractual penalties resulting from the delay to the construction of Ursynów Sports and Recreation Centre.

Ideal Idea III has its first tenant

POLAND Ventia is the first tenant of the Park Ideal Idea III complex, which is being developed on ul. Działkowa in Warsaw.

Europe still in the doldrums

EUROPE Economic activity in Europe contracted in Q3 2012, according to an RICS report. Russia experienced the strongest occupier and investment activity.

Raven expands two parks

RUSSIA Raven Russia has begun construction of further stages to its Noginsk and Klimovsk logistics parks near Moscow and is to deliver around 85,000 sqm by mid-2013 in an investment of USD 83 mln, according to media reports.

Raben renegotiates 26,000 sqm lease

POLAND Logistics operator Raben Polska has renewed its lease of 26,600 sqm of modern warehouse space with Panattoni in Poznań.

P3 cancels IPO