News

POLAND The first six subcontractors to apply to the General Directorate of National Roads and Motorways (GDDKiA) for payment of arrears arising from completed work and deliveries to construction sites, are to receive advance payments amounting to 50 pct of debts verified by the GDDKiA.

Leroy Merlin enters Atrium Felicity

POLAND DIY chain Leroy Merlin has leased an area of 12,500 sqm in the Atrium Felicity shopping centre, which is being developed in Lublin.

Europejski to be modernised

POLAND A thorough modernisation of the Europejski Hotel in Warsaw is to start in Q1 2013 in an estimated investment of EUR 65 mln.

Polimex-Mostostal has an investor

POLAND Polimex-Mostostal has signed a letter of intent to sell a number of its shares to the Industrial Development Agency.

IMV to manage facility in Kosakowo

POLAND IMV has been appointed the facility manager of Galeria Szperk in Kosakowo.

Cushman & Wakefield to manage Łódź office building

POLAND Cushman & Wakefield is to manage the first stage of the Green Horizon office complex, which is being developed by Skanska Property Poland on ul. Pomorska in Łódź.

Blacheda takes over Kasprowy

POLAND Grupa Orbis has signed a preliminary agreement to sell the Mercure Kasprowy hotel in Zakopane to Blacheda Grupa Inwestycyjna for around PLN 52 mln.

Sweco takes over a Finnmap Polska

EUROPE The Swedish Sweco Group, a provider of technical consultancy services, has taken over the Finnish FMC Group, thus strengthening its international operations.

Sakura II topped out

POLAND The Sakura II building representing the second stage of Sakura residential project in Warsaw has been topped out.

Richemont enters Naberezhnaya Tower

RUSSIA Richemont Group has leased 2,000 sqm in the 163,000 sqm Naberezhnaya Tower office building in the Moscow International Business Center district.

Multi buys nunnery

POLAND Multi Development Poland has signed a contract with the Convent of the Sisters of Saint Elisabeth, to purchase an area of almost 3,000 sqm area including the convent building, which is to become part the mixed-use Forum Radunia complex in Gdańsk.

Mayland prepares to build Serenada

POLAND Mayland Real Estate has received a building permit for the Serenada shopping centre in Kraków.

Budimex to build road for PLN 58.5 mln

POLAND Budimex has signed a contract with BPTO Infra to construct ul. Nowa Wałowa in Gdańsk.

Imtech goes to school

POLAND Imtech Polska, in association with the German-Polish Chamber of Industry and Commerce as well as the Technical College of Architecture and Construction in Warsaw (Technikum Architektoniczno-Budowlane), has begun a special Imtech-sponsored course.

Amromco comes to America

ROMANIA Amromco Energy has leased 570 sqm class ‘A’ office space on the second floor of America House, in Bucharest.

New airport terminal for Zagreb

CROATIA IGH Projektiranje together with Kincl and Neidhart Arhitekti is to prepare the design documentation of a new terminal for Zagreb airport in a contract worth EUR 9 mln.

Hotel complex to be sold to cover debts

BULGARIA The Buena Vista vacation complex in the Black Sea resort of Sveti Vlas has been put up for sale in an enforced auction in order to reclaim the debts of its owner MK-Properties that it owes to Raiffeisenbank Bulgaria.

Constructors object to risky school building

ESTONIA Four construction firms are disputing the terms of a public tender, which is being held by Viimsi borough authorities for the construction of a school in Randvere.

DSS demands PLN 48.7 mln

POLAND Dolnośląskie Surowce Skalne (DSS) has filed lawsuits against COVEC and Decoma. The company demanding payment of PLN 48.7 mln for work done on the construction of the A2 motorway.

Investing to build TriCity retail park