News

RUSSIA Olympia Park, a class ‘A’ business complex in Moscow, has received BREEAM certification with a ‘Pass’ rating.

BNP joins the Professionals

CZECH REPUBLIC BNP Paribas Real Estate has entered into a partnership with Czech property agents Professionals.

Mega Mall permit issued

ROMANIA A building permit has been issued for the Mega Mall development in eastern Bucharest. Construction work on the project, by Austrian developer Real 4 You, will start next year.

Former Staropramen brewery sold

CZECH REPUBLIC ING Real Estate Development has sold the Braník brewery located in Braník, Prague 4.

Second stage of Hala Lwowska underway

POLAND The construction of Hala Lwowska –- the second stage of the Korczowa Dolina retail centre – has now started.

LPP adds two more to Serenada

POLAND Two more brands of the LPP group are to augment the offer of the Serenada shopping centre, which is planned in Kraków.

Remodelling of Douglas stores

POLAND The Douglas chain of perfumeries, which has 103 outlets in Poland, is remodelling its stores.

Savills sums up the retail market

POLAND According to preliminary data compiled by the Central Statistical Office (GUS), more than 119,170 apartments were finished in the period from January to October 2012, i.e. 18 pct more than in the same period in 2011 (when a decrease of 7.7 pct was registered) and 8.9 pct more than in 2010.

Savills sums up the retail market

POLAND In the first three quarters of the year over 263,000 sqm of retail space was added to the market in Poland, according to research by Savills.

Ukrainian economy still slow

UKRAINE No new office projects were delivered in Kyiv in the first quarter of 2012, according to a report by DTZ.

Budapest sold in Moscow

RUSSIA According to local media reports, the Budapest hotel in Moscow has been sold at auction to Novostroy+ [Новострой+] for RUB 1.036 bln (app. EUR 25.1 mln), through purchasing 100 pct of the share capital of the company owning the property.

Echo accelerates on A4

POLAND Echo Investment has started the construction of the first stage of the A4 Business Park on ul. Francuska in Katowice.

Incinerator to be built in Konin

POLAND A consortium made up of Integral, Erbud and Introl has signed a contract to design and build an incinerator for communal waste in Konin.

Ski Team comes to TriCity

POLAND Ski Team has leased a 500 sqm sports store in the Matarnia retail park located next to the TriCity ring Road.

BREEAM In-Use for Osowa

POLAND The Osowa shopping centre in Gdańsk has received a BREEAM In-Use certificate at the ‘Very Good’ level.

Two lease extensions for GTC

POLAND Hewlett Packard has extended its 6,600 sqm lease with Globe Trade Centre in the Globis building in Wrocław.

Best Western in 19th century building

POLAND The three-star Browar Mariacki hotel in Katowice is to join the Best Western chain in 2014.

VGP goes for growth

CZECH REPUBLIC In the third quarter, Czech warehouse developer VGP signed new annualised committed leases worth more than EUR 1.5 mln, of which EUR 1.2 mln related to new leasable space and EUR 0.3 mln to renewals of existing leases.

Hochtief takes over from Menolly in Powiśle

POLAND Hochtief Development Poland has finalised the purchase of land from the former Powiśle electricity plant in Warsaw from Irish developer Menolly.

Two buildings for Interbud-Lublin in Osiedle Felin estate

16 November 2012