News

RUSSIA Vacancy rates in the Moscow class ‘A’ office market fell from 12.5 pct to 11.9 pct in H1, according to a report by Knight Frank. The consultancy attributes the drop to strong tenant demand and limited development completions.

Budimex signs road contract

POLAND Budimex has signed a contract worth PLN 259.6 mln net with the Road and Bridge Authority (Zarząd Dróg i Mostów) in Lublin and will build a road that will provide access to three expressways: S12, S17 and S19.

Neinver leases 5,800 sqm at the station

POLAND Neinver Polska has leased the entire 5,800 sqm retail section in the Katowice railway station.

ABB leases more in Łódź Segro project

POLAND Power and automation technology company ABB has increased the size of its lease by 1,400 sqm in a small business unit (SBU) project within the Segro Business Park Łódź.

German clothing chain in Opole

POLAND The KIK Textil-Diskont discount clothing store is to move into the Turawa Park shopping centre in Opole in the spring of 2013.

Unibep sums up H1

POLAND Unibep has registered a revenue of PLN 367.1 mln for H1 2012 - slightly less than the PLN 368.2 mln that the company registered in same period of 2011.

A 640 room hotel comes to Władysławowo

POLAND A 45,000 sqm hotel with 640 rooms is to be built in Władysławowo.

Intrac moves to Gdańsk

POLAND Intrac Polska is to open a branch within the Centrum Logistyczne warehouse park in Gdańsk-Kowale.

New apartments going cheap

POLAND The cheapest new apartments in Warsaw are to be found in the city’s Białołęka district, according to figures from Emmerson

Lava Group leases space in Piaseczno

POLAND Lava Group has leased 1,100 sqm of warehouse space and 100 sqm of office space in Diamond Business Park Piaseczno.

Revenue up, profits down for Mirbud

POLAND In H1 2012 Mirbud registered a consolidated net revenue of PLN 278.1 mln, compared with the PLN 197.9 mln that the company recorded for the same period of the previous year.

NG2 comes to Hungary

HUNGARY NG2, the owner of the CCC, Boti and Quazi footwear brands, has established CCC Hungary Shoes, which is to be based in Budapest.

Vis a vis Intermarché

POLAND Intermarché supermarket has leased 2,450 sqm in the Vis a Vis street mall in Łódź.

Atal apartments in Kraków

POLAND Construction work has begun on the Nadwiślańska 11 Apartamenty residential project that is being developed by Atal.

AIB PPM purchase by Peakside Capital finalised

POLAND Peakside Capital finalised on Wednesday August 21st its purchase of all the shares of Allied Irish Banks (AIB) subsidiary AIB PPM, which is now to be re-named Peakside Polonia Management (PPM).

Skanska signs contract for PLN 16.5 mln

POLSKA Skanska is to modernise the Ophthalmological clinic in Lublin. The company has signed a contract worth PLN 16,5 mln.

Better to go shopping than on holiday

POLAND Silesia City Center in Katowice registered almost 1.5 mln visits in July, an increase of 400,000 on the same period of the previous year.

Hotel market picking up

HUNGARY Hotels registered a 4 pct increase in the number of guests and a 6 pct increase in guest nights compared to H1 2011, according to Colliers International.

Bricoman comes to Łódź

POLAND Adeo Group is to open another Bricoman store in Poland.

Plaza Centers announces H1 results