News

POLAND Retail Provider and Immofinanz are to work together on a project to develop a shopping centre combined with a bus and railway station in Olsztyn.

Dolcan closes H1 with higher revenue

POLAND Grupa Dolcan closed H1 2012 with revenue of PLN 91.5 mln, double the figure from the same period in 2011.

Dom Development maintains stability

POLAND Dom Development generated sales revenue of PLN 308 mln in H1 2012, 85.4 pct more than in the same period of 2011.

ED invest sums up H1

POLAND ED invest registered a gross profit of PLN 420,000 in H1 2012. Its revenue from residential construction amounted to just over PLN 10 mln, which constitutes 100 pct of its total sales revenue.

Budimex subsidiary files for bankruptcy

POLAND Przedsiębiorstwo Napraw Infrastruktury (PNI), a subsidiary of listed company Budimex, has filed for bankruptcy open to arrangements.

H&M in Sarni Stok

POLAND H&M is to open a store in the Sarni Stok shopping centre in Bielsko Biała. The outlet will occupy an area of 1,850 sqm.

Two stores in Gdańsk’s Osowa

POLAND The Osowa shopping centre in Gdańsk has signed up two new tenants.

Second metro line ready to open

BULGARIA Sofia is to officially open its second metro line on August 31st.

Pro Kapital Grupp launches public offering

ESTONIA Real estate developer Pro Kapital Grupp has published its public share offer prospectus and filed an application to be listed on the NASDAQ OMX Baltic index.

NEPI pays dividend

ROMANIA NEPI shareholders are to choose whether they are to receive a dividend of three new shares for every 100 that they hold or a sum of over EUR 0.11 per share.

Leroy Merlin renews lease

POLAND Leroy Merlin has renewed its lease of 56,000 sqm in Panattoni Park Stryków. The DIY store chain has been in the park since 2008 and currently occupies building ‘C’.

Starwood plans to double Russian and CIS portfolio

RUSSIA Starwood Hotels & Resorts Worldwide has announced plans to more than double its portfolio in Russia and the CIS over the next three years with seven new hotels.

Robyg looks for land for new projects

POLAND Grupa Robyg generated a revenues PLN 207.6 mln in H1 2012, representing a 232 pct increase on H1 2011.

Swarzędz gets its own Castorama

POLAND A Castorama DIY store has been opened near ul. Sienkiewicza and ul. Poznańska in Swarzędz.

Luxury accommodation in Rzeszów

POLAND The second Hilton Garden Inn in Poland has been opened in Rzeszów.

Office market shows signs of life

BULGARIA Around 15,900 sqm of new office space was completed in Sofia in Q2 2012, compared to nothing in the same period of the previous year – according to MBL, a company associated with CBRE.

Green light for Agata Meble mall in Biała Podlaska

POLAND The provincial administrative court in Lublin has thrown out an objection to the development of an access road from ul. Wiktorska in Biała Podlaska, the investor for which is the municipality.

Mira Telecom builds research centre

ROMANIA Mira Telecom has built the first stage of a research centre on a 0.9 ha plot in Joiţa in Giurgiu county.

Rayon opens in Kyiv

UKRAINE Today (August 24th) Arricano opened the 23,000 sqm Rayon shopping centre in Kyiv.

Abramovich in fishy deal?