News

POLAND The Home&You, 4F, Bytom and Takko Fashion chains have all leased stores in the extended Sarni Stok shopping centre in Bielsko Biała.

MarcPol in Galeria Zabrze

POLAND The MarcPol supermarket chain has leased a store of more than 1,500 sqm in the Galeria Zabrze shopping centre in Zabrze.

Mostostal declares war on another city

POLAND After taking legal action to amend a contract for the development of a stadium in Łódź, Mostostal Warszawa, the leader of the consortium including Acciona Infraestructuras, Wrobis and PHU IWA, has terminated its contract with the city of Wrocław for the construction of the National Music Forum.

Tax free in Turda

ROMANIA Turda Industrial & Logistics Park in Cluj County has been granted the status of an industrial park by the government, which means that companies that purchase land in the park will be free from municipal taxes for a period of five years.

Selgros builds new Constanța store

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