News

Office & mixed-use development

Train set for Sky Tower

schedule 11 March 2020
Opr./edited by AZ

POLAND Kolejkowo, a 1:25 scale railway model, is to be move from Świebodzki station in Wrocław to the city’s Sky Tower complex in December 2020.

Retail & leisure

Wasz Sklep Spar draws up ambitious plans

schedule 11 March 2020
Opr./edited by AZ

POLAND Wasz Sklep Spar, the operator of the Spar franchise in Poland, now has more than 210 shops in its chain – more than previously envisaged in the company’s plans for 2020. Another warehouse of the company will also be opened in southern Poland in the middle of April.

Office & mixed-use development

Kraków nears 1.5 mln sqm threshold

schedule 11 March 2020
Eurobuild CEE

POLAND Kraków’s total office stock reached 1.42 mln sqm at the end of last December, up by nearly 13 pct y-o-y, according to the latest “Occupier economics: Office market in Krakow 2019” report prepared by Cresa.

Office & mixed-use development

Strabag wins Prime contract

schedule 11 March 2020
Opr./edited by TC

POLAND Polski Holding Nieruchomości has chosen Strabag to be the general contractor of its Intraco Prime office development on ul. Stawki, north of Warsaw city centre.

Retail & leisure

Jysk to stay longer in Gemini Park Tarnów

schedule 11 March 2020
Opr./edited by TC

POLAND Danish brand Jysk, one of the largest home furnishing tenants in Gemini Park Tarnów has extended its lease of 1,500 sqm in the shopping centre for another ten years.

Retail & leisure

Brumlovka fully leased

schedule 11 March 2020
Eurobuild CEE

CZECH REPUBLIC The Brumlovka building of the BB Centrum office and mixed-use development in Prague 4 is now fully leased after contracts were signed for a Coffee Perk café and an Arena sports store.

EurobuildCEE

Demand remains unsated

schedule 11 March 2020
Eurobuild CEE

POLAND The office market is preparing itself for a shortfall in new supply and tenants are gearing themselves increased rents. They are also beginning to plan their relocations several years in advance.

Technology

Budimex researches roads that repair themselves

schedule 11 March 2020
Eurobuild CEE

POLAND General contractor Budimex, together with the Warsaw University of Technology is developing a self-repairing road surface with a PLN 2.5 mln grant from the National Centre for Research and Development. The research is to be completed at the end of December 2022.

Retail & leisure

One step closer to bigger Ursynów centre

schedule 11 March 2020
Eurobuild CEE

POLAND The city of Warsaw has approved the development conditions for the redevelopment of the Auchan/Obi retail park on ul. Płaskowicka and ul. Puławska in Warsaw's Ursynów district with a new mall to be built next to the city’s southern bypass.

Retail & leisure

Peek & Cloppenburg enlarges

schedule 11 March 2020
Eurobuild CEE

POLAND Peek & Cloppenburg has enlarged its store in the Bonarka centre in Kraków to 3, 900 sqm. The tenant has now been in the mall for ten years.

Investment & finance

VDHG set to invest EUR 200 mln in Ukraine

schedule 11 March 2020
Nathan North
managing editor (English section)

UKRAINE Von der Heyden Group has opened a new office in Kyiv as it prepares to invest in the country.

Warehouse & industrial

Żabka signs two leases with Panattoni

schedule 11 March 2020
Alex Hayes
journalist

POLAND Convenience store chain Żabka has leased a total of 13,500 sqm in two locations: Panattoni Park Poznań IV and City Logistics Łódź II.

Investment & finance

Investec takes full control for EUR 900 mln

schedule 10 March 2020
Alex Hayes
journalist

EUROPE Ares Management Corporation Real Estate Group has completed the sale of its stake in a 40-property pan-European logistics portfolio to Investec Property Fund, its co-investment partner in the portfolio, for more than EUR 900 mln.

Office & mixed-use development

Palio comes to the shipyard

schedule 10 March 2020
Eurobuild CEE

POLAND Palio Office Park in Gdańsk has a new land development plan which will allow for the development of a multi-stage office complex at the Gdańsk Shipyard, of around 90,000 sqm. The investor behind the project is Cavatina Holding. Work began on the project in 2019.

Property and Facility Management

FB Serwis to manage Łużycka buildings

schedule 10 March 2020
Alex Hayes
journalist

POLAND FB Serwis has been appointed as the property manager of the Łużycka Office Park and Łużycka Plus properties in Gdynia and its responsibilities will include the maintenance of as well as the security and cleaning services for the buildings.

Interior design

Sheraton turns blu

schedule 10 March 2020
Opr./edited by AZ

CZECH REPUBLIC The Radisson Blu Hotel Prague has been renovated with Kraków-based studio Iliard Architecture & Project Management being behind the new interior design for the art nouveau building.

Warehouse & industrial

Krysiak signs up with MLP

schedule 10 March 2020
Rafał Ostrowski
journalist

POLAND Garden machinery and accessories distributor Krysiak has leased around 3,800 sqm of modern warehouse space in MLP Poznań West.

Investment & finance

Etalon assets worth USD 3 bln

schedule 10 March 2020
Rafał Ostrowski
journalist

RUSSIA The total value of Etalon’s assets has reached RUB 188 bln, or USD 3 bln at the Central Bank of Russia exchange rate as of December 13th 2019.

Warehouse & industrial

EIB lends EUR 60 mln to construct wind farms

schedule 10 March 2020
Rafał Ostrowski
journalist

POLAND The European Investment Bank [EIB] has provided a EUR 60 mln loan to Lithuanian energy company Ignitis Group to construct 29 wind turbines in Dzierzgoń and Stary Targ 50 km from Poland’s northern coast.

Investment & finance

Benson Elliot takes Marynarska

schedule 10 March 2020
Alex Hayes
journalist

POLAND UK fund manager Benson Elliot for its Benson Elliot Real Estate Partners V fund has acquired Marynarska Business Park in Warsaw from a fund managed by Heitman Real Estate for EUR 65 mln.

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