News

ROMANIA Selgros Cash&Carry is to open a 10,000 sqm store in an investment of EUR 20 mln, according to local media reports.

Carrefour takes over six stores in Constanța

ROMANIA Carrefour Romania has leased six stores from Aliment Murfatlar in Constanța, which will operate as supermarkets under the Carrefour Market label.

NEPI announces new share issue

ROMANIA New Europe Property Investments NEPI is to issue new shares with a total value of EUR 50 mln.

P3 plans London IPO

EUROPE PointPark Properties (P3) has today announced that it intends to apply the Premium Listing segment of the official list of the Financial Services Authority to trade on the main market for listed securities of the London Stock Exchange.

Helaba refinances two Warsaw buildings for Immofinanz

POLAND Immofinanz Group has received long-term refinancing of EUR 80 mln from Helaba for its Brama Zachodnia and IO-1 office buildings in Warsaw.

Skanska to develop Kraków offices

POLAND Skanska is to invest EUR 32 mln in the first phase of the Kapelanka 42 office project to the south of Kraków city centre.

Budus withdraws from PLN 53 mln contract

POLAND Katowickie Przedsiębiorstwo Budownictwa Przemysłowego Budus will not now be building apartments in the Apartamenty Wielicka project on ul. Wielicka in Kraków. The investor behind the project is Warsaw-based company WAN.

Mostostal Warszawa wins Warmian-Masurian job

POLAND A consortium consisting of Mostostal Warszawa (as the leader) and Acciona Infraestructuras has put forward the best offer in the tender for the extension of road no. 536 between Iława and Sampława, including ul. Lubawska in Iława (in the Warmian-Masurian province).

Budimex to build runway and maintain motorway

POLAND Budimex is to construct a new runway at the International Airport Katowice in Pyrzowice.

Polimex subsidiaries for sale

POLAND Polimex-Mostostal has found investors willing to purchase two of its subsidiaries.

People like Espresso

POLAND In Q3 of this year Ronson sold 94 apartments, 8 pct more than in the same period last year.

Polnord results similar to 2011

POLAND Polnord sold 210 apartments in Q3 2012compared to 213 for the same period of the previous year.

TK Development has land for Nowy Rynek mall

POLAND TK Development has bought land for its Nowy Rynek shopping centre in Jelenia Góra.

IPN moves into offices of Industrial Development Agency

POLAND The Institute of National Remembrance (IPN) is to move its headquarters from a building on ul. Twarda (which has been sold to Skanska) into an office in the Mars building on ul. Wołoska, which belongs to the National Development Agency (ARP).

Budapest office market in recovery

HUNGARY Total take up in Budapest could equal 325,000 sqm according to figures from Cushman & Wakefield.

Moscow three times the price of St Petersburg

RUSSIA/UKRAINE Office rents in Moscow are almost three times higher than in Kyiv or St Petersburg, according to a comparative study by Cushman & Wakefield.

DTZ manages Kopylov Logistic Park

UKRAINE DTZ has signed a two year agreement to provide full property and facility management services at the Kopylov Logistic Park.

More visitors in Hungary

HUNGARY The number of guest nights spent in Hungary was up by 5.3 pct in August according to KSH, the Hungarian Central Statistical Office.

Štvanice island competition announced

CZECH REPUBLIC The city of Prague has announced an architectural competition for the redevelopment of Štvanice island, to the north of the city centre.

Felicity gains electric tenant