News

Retail & leisure

POLAND Sinsay to open biggest store in Tarnów

schedule 23 April 2021
Opr./edited by NN

Fashion brand Sinsay, which is owned by LPP group, has signed a lease agreement to open a store of more than 900 sqm in the CH Max shopping centre in Tarnów, in southern Poland.

Investment & finance

POLAND Mennica Legacy Tower sale back on

schedule 23 April 2021
Nathan North
managing editor

Mennica Polska (The Mint of Poland) has announced that it has reopened negotiations for the sale of Mennica Towers GGH MT – the special purpose vehicle jointly owned by Mennica and Golub GetHouse, which is itself the direct owner of the Mennica Legacy Tower office building in Warsaw.

Residential

POLAND Echo seals Archicom merger

schedule 23 April 2021
Nathan North
managing editor

Echo Investment has finalised its acquisition of a majority stake in Archicom, thus becoming the largest residential developer in Poland as the Echo-Archicom group.

Office & mixed-use development

POLAND Central Point reaches highest point

schedule 23 April 2021
Nathan North
managing editor

The Central Point office development in Warsaw city centre has now reached its target height of 86m.

Investment & finance

Immofinanz down a little

schedule 22 April 2021

Immofinanz made a loss of EUR 165.9 mln, which it blames on the Covid crisis.

Residential

Resi4Rent growing nicely

schedule 22 April 2021

In the first quarter of this year, Resi4Rent marketed 600 rental apartments. The company now has almost 300 pct more apartments on offer than it had at the end of Q1 2020.

Investment & finance

US PPF goes stateside

schedule 22 April 2021

PPF Real Estate Holding has entered the United States acquisition of Mansell Overlook, a large office campus in the Atlanta metropolitan area.

Office & mixed-use development

Poland Warimpex to build in Białystok

schedule 22 April 2021

Warimpex has been granted a building permit for an office complex on ul. Bohaterów Monte Cassino in Białystok.

Warehouse & industrial

POLAND ELI gets started on 100,000 sqm Tychy park

schedule 22 April 2021
Opr./edited by NN

European Logistics Investment (ELI) has begun the construction of a 100,000 sqm logistics park in Tychy in Silesia.

Warehouse & industrial

POLAND Fresenius stays on in Prologis Park Poznań II

schedule 22 April 2021
Opr./edited by NN

Fresenius Medical Care Polska, a provider of products and services for people with chronic renal diseases, has extended its 4,000 sqm lease of warehouse space in Prologis Park Poznań II.

Office & mixed-use development

ROMANIA KMG Rompetrol happy in City Gate

schedule 22 April 2021
Opr./edited by NN

Romanian oil company KMG Rompetrol has extends its lease of 9,356 sqm at GTC’s City Gate office complex in Bucharest until the end of 2026.

Investment & finance

POLAND BVK buys EUR 190 mln portfolio from Hillwood and 7R

schedule 22 April 2021
Nathan North
managing editor

Macquarie Asset Management has acquired the final asset of a EUR 190 mln logistics real estate portfolio across Poland on behalf of Bayerische Versorgungskammer (BVK), Germany’s largest pension fund.

Investment & finance

World Bank finances Iași technology complex

schedule 21 April 2021

IFC, a member of the World Bank Group, is to lend Iulius Holding EUR 72 mln for the construction of a 60,000 sqm information technology complex in Iași.

Infrastructure

Poland Strabag to build more roads

schedule 21 April 2021

Strabag has won a EUR 153 mln design-and-build contract by the General Directorate for National Roads and Motorways (GDDKiA).

Investment & finance

Romania Portico sells to Praktiker and Lidl

schedule 21 April 2021

Portico Investments has sold six retail buildings with a total retail space of over 16,000 sqm.

Office & mixed-use development

HUNGARY Budapest office market approaches 4 mln mark

schedule 21 April 2021
Opr./edited by NN

In Q1 2021, 24,700 sqm of new office space was delivered to the Budapest office market, bringing the total stock up to almost 3.934 mln sqm, according to The Budapest Research Forum in its latest summary.

Hotels

BULGARIA Radisson opens Hotel Imperial Plovdiv

schedule 21 April 2021
Opr./edited by NN

Radisson Hotel Group has opened the Hotel Imperial Plovdiv under its Radisson Individuals brand.

Office & mixed-use development

POLAND Skylight for Urban Jungle

schedule 21 April 2021
Nathan North
managing editor

Urban Jungle, a creative agency for the real estate and architecture sectors, has relocated to the Skylight building in Warsaw’s CBD.

Investment & finance

ROMANIA One plans IPO

schedule 20 April 2021

Developer One United Properties is to sell its shares on the main market of the Bucharest Stock Exchange.

Warehouse & industrial

Schumacher drives into Panattoni park

schedule 20 April 2021

Schumacher Packaging has taken up 5,670 sqm in Panattoni Park Wrocław West Gate.

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