News

POLAND IVG has bought the Norway House office building in Warsaw. The seller is a fund managed by Pramerica.

Raiffeisenbank provides Krakov finance

CZECH REPUBLIC Raiffeisenbank is providing more than CZK 500 mln (app. EUR 20.4 mln) in project finance for the Centrum Krakov project in Bohnice, Prague 8.

Three leases in Kraków Airport Logistics Centre

POLAND Three tenants have leased warehouse space at Kraków Airport Logistics Centre, which is being developed by Goodman.

Phoenix from the fire

ROMANIA Software company Netop Tech has leased 920 sqm of offices in Phoenix Tower (formerly PGV Tower) in Bucharest.

Merck first to breathe in Oxygen

POLAND Pharmaceutical and chemicals company Merck has become the first tenant of Oxygen Park in Warsaw, leasing 2,500 sqm for five years.

Murapol has land for Nowe Winogrady

POLAND Murapol Nowe Winogorady has reached a settlement with Bank Gospodarstwa Krajowego and taken on the debt of the former owner of the land on which the Nowe Winogrady estate in Poznań is to be built.

Interbud-Lublin wins city contract

POLAND Interbud-Lublin has signed a contract worth PLN 7.5 mln net with the Lublin city authorities to construct two multi-family tenements as well as the necessary technical infrastructure.

Media Expert in Galeria Narew

POLAND Electronics store Media Expert has leased 1,200 sqm in the Galeria Narew shopping centre, which is currently under construction in Łomża.

Wzgórze Słowików nears completion

POLAND The foundation stone has been laid for the Wzgórze Słowików residential project on ul. Kiedacza in Warsaw’s Ursynów district.

Agit Congress & Spa joins Best Western

POLAND The three-star Agit Congress & Spa hotel in Lublin is to become part of the Best Western chain in December.

Poleczki hotel sold

POLAND UBM has sold a hotel in Warsaw’s Poleczki Business Park complex to BRE Leasing.

Where to erect office buildings?

POLAND Rzeszów, Kielce, Białystok, Opole, Toruń, Olsztyn, Bydgoszcz and Radom are the towns responsible for 5 pct of modern office space in Poland (app. 260,000 sqm) according to Jones Lang LaSalle.

Sheraton Sofia refinanced

BULGARIA Sofia Hotel Balkan has secured a EUR 7.1 mln mortgage on the Sheraton hotel in Sofia.

Transstroy kicked off

RUSSIA St Petersburg city council has decided to cancel Transstroy’s contract to extend the Zenit-Arena stadium for the Zenit St Petersburg football club.

Ülemiste City expands

ESTONIA An eighth building is to be constructed in the Ülemiste City technology park in Tallinn.

More malls modernised

POLAND One third of shopping centres across the country have now undergone some form of modernisation, according to a report by Jones Lang LaSalle. By 2014, app. 100 malls will have been modernised.

Codeco plans Zelené Letňany

CZECH REPUBLIC Codeco has announced plans to develop the Zelené Letňany residential project in Prague’s Nové Letňany district.

Better results for Wikana

05 September 2012

POLAND Wikana recorded revenues of PLN 37.5 mln for H1 2012. Its gross profit from sales amounted to PLN 11 mln, which constitutes an increase of almost 102 pct on the same period of the previous year.

Rockspring secures sales and leases

HUNGARY Rockspring Property Investment Managers, which is managing the portfolio of Irish Bank Resolution Corporation, has sold six retail warehouse assets with a total area of 25,000 sqm for over EUR 8 mln.

Three companies interested in Lublin bus station

05 September 2012