POLAND The foundation stone has been laid for the Wzgórze Słowików residential project on ul. Kiedacza in Warsaw’s Ursynów district.
POLAND The three-star Agit Congress & Spa hotel in Lublin is to become part of the Best Western chain in December.
POLAND UBM has sold a hotel in Warsaw’s Poleczki Business Park complex to BRE Leasing.
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.
BULGARIA Sofia Hotel Balkan has secured a EUR 7.1 mln mortgage on the Sheraton hotel in Sofia.
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.
ESTONIA An eighth building is to be constructed in the Ülemiste City technology park in Tallinn.
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.
CZECH REPUBLIC Codeco has announced plans to develop the Zelené Letňany residential project in Prague’s Nové Letňany district.
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.
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.
POLAND Three investors, including Echo Investment, HB Reavis Poland and Karmar, have made offers to develop the Lublin bus station.
POLAND The National Fund of Environmental Protection and Water Management is to launch a programme from the beginning of next year to help finance construction loans for energy-efficient houses.
POLAND 7R Logistic is developing two new office and service buildings for MAN Truck & Bus Polska in Radzymin and in Kraków.
POLAND The Podkarpacki Province Road Authority in Rzeszów has chosen Budimex in a tender to extend provincial road no. 892 between Zagórz and Komańcza.
POLAND Rank Progress has a new retail concept, which the company is planning to develop in towns with populations of 30,000–50,000.
POLAND In the first half of 2012 Erbud generated revenue of PLN 580 mln from its core activities, which constitutes a 15.51 pct decrease compared to the same period last year.
MACEDONIA Construction company Granit has been awarded two road construction contracts worth a total of MKD 103.1 mln (EUR 1.7 mln).
MACEDONIA The Roy Subrata Group of India has bought the Slavija hotel in Ohrid.
HUNGARY The Hungarian state is suing SCD group for a HUF 2.5 bln (app. EUR 8.7 mln) indemnity resulting from its failure to develop tourist facilities on land it bought from the state around lake Balaton in 2004 and 2005.
The Teutonic Castle in Świecie is undergoing a restoration as part of a broader plan to redevelop the town, providing space for education, culture and ...
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The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
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Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation ...
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The Wiedeńska Town House in the centre of Poznań, which dates back to the early 20th century, has been renovated and converted into a food hall with i ...
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