News

Property and Facility Management

POLAND The Ibis Styles Nowy Targ hotel has now opened.

UI sticks with C&W

Property and Facility Management

POLAND Union Investment has retained Cushman & Wakefield’s services as leasing agent for the Lipiński Passage and Zebra Tower office buildings in Warsaw.

M7 gives more work to Savills

POLAND M7 Real Estate has appointed Savills as its exclusive advisor for its entire office portfolio.

Warehouse & industrial

Madison makes EUR 150 mln logistics entry

EUROPE Madison International Realty is to invest almost EUR 84 mln in a 46.5 pct stake in European Logistics Investment (ELI) platform, which comprises a portfolio of Polish properties valued at around EUR 500 mln.

Events

2020 conference season gets going

Eurobuild Conferences

POLAND The first Eurobuild CEE conference of 2020 – the 6th Invested Interest - Investment Market Conference – is to take place quite early in the year, on February 27th.

EurobuildCEE

Erste buys all of Advance Tower

HUNGARY Erste Real Estate has acquired the second phase of the Advance Tower office complex on Váci út in Budapest from Futureal Group.

Polish retail moves towards convenience

POLAND A total of 210,000 sqm in retail parks and stand-alone large stores were completed in Poland in 2019, according to JLL – up by 29 pct y-o-y.

Investment & finance

Etalon sells more

RUSSIA Etalon’s residential sales in 2019 reached a value of RUB 77.6 bln, up 13 pct y-o-y.

Construction

Unibep to build Kharkiv mall

UKRAINE Unibep is to build a 52,000 sqm shopping centre in Kharkiv having secured a EUR 53.6 mln loan for the project by Bank Gospodarstwa Krajowego.

Warehouse & industrial

A warehouse with a view of the stadium

Office & mixed-use development

POLAND CL Property is beginning the construction of a complex of small business unit (SBU) warehouses and offices in Wrocław.

Digging begins at Wałęsa

POLAND Hochtief has started the construction of the Alpha office building, one of seven buildings to be constructed in the Airport City Gdańsk development – a business district in the neighbourhood of Gdańsk airport.

Vis à Vis with Lidl

POLAND A 2,000 sqm Lidl supermarket is to open in the Vis à Vis Łódź shopping arcade in H2.

Interior design

Friendly offices in the Sheraton

Office & mixed-use development

POLAND Office space taken over by Regus in the Sheraton Hotel in Warsaw has been fitted out by Interbiuro. It now features warm colours, drawings and wooden elements.

World Bank prepares for Advance

BULGARIA GTC has secured a lease contract with the World Bank for the latter to occupy 4,000 sqm in Advance Business Center II, which is currently under construction in Sofia.

Medicine now available in Plaza

POLAND A 570 sqm Medicine clothes store has opened in the Plaza shopping centre in Poznań, which is owned by the Klépierre group.

Łódź laboratory for PLN 40 mln

POLAND The Medical University of The Łódź has awarded a consortium of Erbud and Budomal a PLN 40.5 mln ‘design-and-build’ contract to build the Brain laboratory and research building.

Residential

Record year for Marvipol

POLAND Marvipol secured 942 contracts for the sale of apartments and retail/service units in 2019. The figure, which is 12 pct higher than it achieved in 2018, is the best in the company’s history.

Konsimo to open in Gemini Park Bielsko-Biała

POLAND A Konsimo discount furniture and home furnishings store is to open in Gemini Park Bielsko-Biała.

Human resources

Leach & Partners to manage for Catella

POLAND Leach & Partners have been appointed to manage two residential buildings and one private student house at ul. Rakowicka 20 in Kraków.

Green light for Segro in Łódź