News

Retail & leisure

POLAND Poles heading back to malls

schedule 23 July 2020
Nathan North
managing editor (English section)

July 13–19th was the first week in which the number of visitors to shopping centres on working days did not fall below 80 pct of last year's figures, according to the Polish Council of Shopping Centres (PRCH), confirming that Poles are eager to return to traditional retail.

Office & mixed-use development

POLAND Nightmare scenario avoided for Warsaw offices

schedule 23 July 2020
Opr./edited by NN

The worst-case scenarios from the impact of the Covid-19 pandemic on the Warsaw office market have not materialised, according to the H1 data, states a report published by real estate advisory firm Cresa Poland.

Office & mixed-use development

POLAND Warsaw Hub calling occupants

schedule 23 July 2020
Opr./edited by NN

The Warsaw Hub skyscraper complex has been issued with an occupancy permit. The first tenants will be able to move in in August, when the convenience centre and the link to the metro station will also be opened.

Warehouse & industrial

POLAND Panattoni to build Radom plant for AZZ

schedule 23 July 2020
Nathan North
managing editor (English section)

Panattoni is to build a 12,820 sqm hi-tech manufacturing and warehouse complex for welding services provider AZZ Specialty Welding Europe in Radom.

Hotels

POLAND Suntago holiday village opens its doors

schedule 23 July 2020
Opr./edited by NN

The first guests have checked into Suntago Village, a complex of 92 holiday bungalows that forms part of the Park of Poland leisure complex near Mszczonów, about 50 km southwest of Warsaw.

Retail & leisure

POLAND New faces in Galeria Młociny and Galaxy

schedule 22 July 2020
Opr./edited by NN

Three new brands have opened stores in the Galeria Młociny shopping centre in Warsaw’s Bielany district.

Office & mixed-use development

BULGARIA Occupiers set to embrace flex model post-Covid

schedule 22 July 2020
Opr./edited by NN

Bulgarian consultancy MBL together with the Sterling Serviced Offices Group have surveyed 100 office occupiers in Sofia to gauge the impact of Covid-19 on their operations and plans for the future.

Retail & leisure

POLAND Sinsay sashays into Futura Kraków

schedule 22 July 2020
Opr./edited by NN

Fashion retailer Sinsay is to open a store designed according to its latest concept in the Futura retail park in Kraków.

Hotels

HUNGARY Holiday Inn Express to open in Budapest

schedule 22 July 2020
Opr./edited by NN

InterContinental Hotels Group has signed a franchised agreement with Dutch company Borealis Hotel Group to open the Holiday Inn Express Budapest City Centre.

Office & mixed-use development

POLAND Diverse and fully leased at Generation Park Z

schedule 22 July 2020
Opr./edited by NN

IT services provider Diverse CG has leased more than 3,000 sqm of office space in building Z of Generation Park in Warsaw. The company is planning to move into its new offices in Q4 2020. With this latest signing, Generation Park Z is now 100 pct leased.

Warehouse & industrial

HUNGARY Warehousing tops 2.35 mln sqm in Budapest area

schedule 22 July 2020
Opr./edited by NN

In Q2 2020, 64,140 sqm of new space was added to the total modern industrial stock in Budapest and its surrounding area, according to the Budapest Research Forum.

Warehouse & industrial

POLAND Medezin made up in 7R Park Łódź West I

schedule 21 July 2020
Opr./edited by NN

Medezin, part of the Pelion Group of pharmaceutical companies, has started production on 3,700 sqm of space specially prepared for it in 7R Park Łódź West I.

Office & mixed-use development

POLAND Monopolis part two on its way

schedule 21 July 2020
Nathan North
managing editor (English section)

Construction work has begun on the second stage of the Monopolis office and service complex, which is being developed in Łódź by Virako.

Warehouse & industrial

POLAND Over a million leased by Panattoni in H1

schedule 21 July 2020
Nathan North
managing editor (English section)

Panattoni signed leases for more than 1.1 mln sqm in H1, more than twice the space leased in the same period of 2019. In Q2 its transaction volume was over 671,500 sqm – 57 pct higher than in the previous three months.

Office & mixed-use development

ROMANIA Continental completes EUR 27 mln Iaşi R&D centre expansion

schedule 21 July 2020
Opr./edited by NN

Automotive parts manufacturer Continental has completed the expansion of its research and development centre in Iaşi.

EurobuildCEE

Temporary e-mail address

schedule 21 July 2020
Eurobuild CEE

Due to the fact we are currently moving our premises, which involves the relocation of our mail server, Eurobuild cannot be contacted via our usual e-mail addresses.

Retail & leisure

ROMANIA Târgu Mureș mall opens after Covid delay

schedule 21 July 2020
Nathan North
managing editor (English section)

NEPI Rockcastle has finally opened Shopping City Târgu Mureș in Transylvania, its 20th Romania mall.

Construction

EUROPE EU construction up by 21.2 pct in May

schedule 21 July 2020
Opr./edited by NN

EU construction output rebounded in May, up by 21.2 pct on the previous month, following a record fall in April, when output plummeted by 14.9 pct, according to data and analytics specialists GlobalData.

Infrastructure

BULGARIA Strabag wins EUR 202 mln railway job

schedule 21 July 2020
Opr./edited by NN

Austrian construction firm Strabag and local consortium partner GP Group AD has been awarded a EUR 202 mln (BGN 395 mln) contract to modernise a stretch of the Elin Pelin–Kostenets railway line in western Bulgaria. Strabag holds a 51 pct share in the consortium.

Investment & finance

POLAND Polish 2020 investment unlikely to fall by more than a fifth – Savills

schedule 20 July 2020
Opr./edited by NN

Polish commercial property investment activity reached EUR 2.92 bln in H1 2020, up by almost 5 pct on the same period in 2019 – according to Savills.

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