News

EUROPE The Vapiano restaurant chain has announced its insolvency.

EPP to clean house

POLAND EPP has announced that it intends to sell its three remaining office buildings.

Coronavirus hits retail sector

POLAND According to figures from the Retail Institute from March 2nd to March 8th, 2020, shopping centre footfall fell by 5.6 pct compared to 2019.

Warehouse & industrial

Last mile in Targówek

POLAND Hillwood is to build two city warehouses in Warsaw's Targówek district.

Warehouse & industrial

Spedimex grows in Stryków

POLAND Spedimex has leased 2,200 sqm in building 3 of the Logicor Stryków logistics park with the space intended to service one of the largest pharmacy chains in Europe.

Budimex bids PLN 2 bln for Warszawa Zachodnia

POLAND Budimex has scored the most points for its bid to reconstruct Warszawa Zachodnia station.

POLAND MW, a company that is 60 pct owned by M.B.B Logistics and 40 pct owned by Wing Sing Supply Chain, has created a robot management system, which uses machine learning to improve its order processing operations over time.

NEPI Rockcastle donates to the Red Cross

CEE REGION NEPI Rockcastle has donated EUR 150,000 to the Red Cross to support efforts to prevent the spread of the covid-19 epidemic. The money is to be used to purchase disinfectants and equipment.

Coronavirus

CPI to turn hotels into hospitals

CZECH REPUBLIC In response to the covid-19 outbreak, CPIPG has offered the government of the Czech Republic the use of the its hotels in Prague, Ostrava, Olomouc, Liberec, Ústí nad Labem, České Budějovice, Františkovy Lázně, Hradec Králové and Brno to increase the country’s hospital capacity by more than 5,000 beds.

Immofinanz to cut costs

CEE REGION Immofinanz has said that temporary declines in rental income from the retail business due to the spread of covid-19 should be largely offset by the cost cutting programme it is currently implementing.

Warehouse & industrial

Langowski leases in Łódź

Alex Hayes
journalist

POLAND Langowski Logistics has leased 3,300 sqm from Panattoni at the Central European Logistics HUB, which is located around 1 km from the rail container terminal in Łódź.

EurobuildCEE

Last week’s top five: The best five in isolation

Architecture and urban planning

Alex Hayes
journalist

Not surprisingly almost everyone was talking about the coronavirus crisis last week.

Polish architect wins Kiribati Floating Houses competition

WORLD Marcin Kitala of the Warsaw-based Kuryłowicz & Associates architectural studio has won the Kiribati Floating Houses competition organised by Young Architects Competitions.

Spanish owned sites sold off by bank

POLAND Banco Popular Español from the Santander group has sold two investment plots in Wrocław’s Psie Pole district and in Warsaw’s Miasteczko Wilanów to local businesses.

Construction

Moscow to build hospital in couple of weeks

RUSSIA Construction work on a hospital for infectious diseases has started in New Moscow.

Robyg to take over Wrocław player

POLAND Robyg has applied to the Polish competitions authorities to take over Wrocławskie Przedsiębiorstwo Budowlane.

Deka buys Generation Park Z

Alex Hayes
journalist

POLAND Skanska has sold the Generation Park Z office building in Warsaw to Deka Immobilien for EUR 98 mln.

Retail & leisure

Go Sports closes too

POLAND From March 15th, 2020, Go Sport closed all its brick and mortar stores until further notice.

POLAND AEW to sell Polish warehouse portfolio to Swiss

Swiss Pillar Investments Europe has applied to the Polish competition authorities to buy five warehouse parks from AEW.

Construction

Mirbud to build near Ełk Karuzela