News

Intercontinental shows off new image

schedule 24 January 2020
Opr./edited by AZ

POLAND The final stage of the renovation at the Intercontinental Hotel Warsaw has been completed.

EurobuildCEE

This week’s top 5: Four purchases and one appointment

schedule 24 January 2020
Alex Hayes
journalist

Unsurprisingly two major deals topped our rankings this week.

Office & mixed-use development

Office tenants sign up for Origo One

schedule 24 January 2020
Alex Hayes
journalist

LATVIA Linstow Centre Management has announced a number of tenant leases in its Origo One office centre, which will take up the fourth, fifth and sixth floors of a new building that is to extend the Origo shopping centre in Riga. The new tenants are Narvesen Baltija, Hili Properties, LETA and TV NET.

Retail & leisure

Seven more tenants announced for Stop Shop Siedlce

schedule 24 January 2020
Eurobuild CEE

POLAND A number of tenants have signed leases for space in the Stop Shop retail park in Siedlce including Biedronka, Smyk, Rossmann, Kik, Pepco, Komfort and Martes Sport.

Residential

Sales start for Nordic Sadyba

schedule 24 January 2020
Eurobuild CEE

POLAND Finnish developer YIT has started apartment sales for its Nordic Sadyba project in Warsaw.

Retail & leisure

Zdrofit to open in Varso

schedule 24 January 2020
Eurobuild CEE

POLAND Zdrofit is to open its flagship club in February the Varso office complex in Warsaw and will occupy almost 3,000 sqm of training space on two floors.

Public buildings

Educating the masses

schedule 24 January 2020
Tomasz Cudowski
editor-in-chief

RUSSIA The largest school in Russia with places for 2,500 pupils has opened, but not in time for the beginning of the school year in September.

Investment & finance

R22 invests in hotel platform

schedule 24 January 2020
Eurobuild CEE

POLAND R22 has invested around PLN 30 mln in Profitroom for a 33 pct stake in the company.

Investment & finance

Vantage sold

schedule 24 January 2020
Eurobuild CEE

POLAND TAG Immobilien group has bought all 48,561,706 shares of Wrocław-based developer Vantage Development.

Residential

Financing for Start

schedule 23 January 2020
Opr./edited by TC

POLAND Inpro has secured an operating loan from Mbank of up to PLN 31.5 mln.

Office & mixed-use development

Wadowicka 3 enters final stage

schedule 23 January 2020
Opr./edited by AKL

POLAND Kraków-based Buma group is starting the third and final stage of its Wadowicka 3 project in Kraków’s Podgórze district.

Warehouse & industrial

Smart roofs from Segro

schedule 23 January 2020
Rafał Ostrowski
journalist

POLAND Segro is planning to introduce intelligent roof surface monitoring in each of its Polish warehousing parks by the end of the year.

Retail & leisure

Busy year ahead for Gemini

schedule 23 January 2020
Opr./edited by AKL

POLAND This year promises to be a busy time for Gemini Holding, with the expansion of Gemini Park Tychy and the refurbishment of its two other shopping centres in Tarnów and Bielsko-Biała as well as improvements to tenant mixes and further investment plans.

Warehouse & industrial

Raben still expanding

schedule 23 January 2020
Opr./edited by TC

POLAND/GERMANY German logistics provider Raben Group generated EUR 1.2 bln in revenue in 2019 – an increase of 8 pct y-o-y.

Public buildings

Smarter and more exotic

schedule 23 January 2020
Opr./edited by TC

POLAND Sosnowiec city council has announced a tender for the construction of the Centrum Edukacji Ekologicznej – Egzotarium environmental education centre.

Investment & finance

European construction rises

schedule 23 January 2020
Eurobuild CEE

EUROPE In November 2019, seasonally adjusted production figures for the construction industry in the European Union increased by 1.1 pct m-o-m, according to Eurostat, the statistical office of EU.

Office & mixed-use development

Skanska tweaks tower design

schedule 23 January 2020
Tomasz Szpyt-Grzegórski

POLAND Skanska has unveiled new visualisations of the 140m tower it is developing on the Rondo Daszyńskiego roundabout in central Warsaw. Some changes have also been made to the layout of the interiors and the space around the building.

Investment & finance

Prologis sees earnings drop

schedule 23 January 2020
Eurobuild CEE

WORLD Prologis recorded net earnings of USD 1.567 bln in 2019, down from USD 1.643 a year earlier. Net earnings per diluted share were USD 2.46 compared with USD 2.87 in 2018.

Retail & leisure

Aleja to open in March

schedule 23 January 2020
Eurobuild CEE

SLOVENIA The Aleja shopping centre under development by SES Spar European Shopping Centers in Ljubljana’s Šiška district is to open on March 19th 2020.

Investment & finance

Galerija Centrs sale tops Latvian investment ranking

schedule 23 January 2020
Rafał Ostrowski
journalist

LATVIA The sale of the Galerija Centrs in Riga by Linstow to Baltic Horizon Fund topped the Top 10 largest real estate investment deals in 2019 in the country, according to Colliers International.

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