News

Retail & leisure

Stokrotka opens in Piaseczno

schedule 03 September 2019
Alex Hayes
journalist

POLAND A Stokrotka store is to open in Piaseczno just outside Warsaw.

Investment & finance

Moore Stephens merged into TPA Poland

schedule 02 September 2019
Rafał Ostrowski
journalist

POLAND More than 60 tax, accounting and audit specialists so far employed by Moore Stephens Central Audit, are tojoin the Warsaw office of tax advisory TPA Poland, which has merged with the company.

Skyscanner stays in K6

schedule 02 September 2019
Eurobuild CEE

HUNGARY Online travel fare aggregator Skyscanner has renegotiated its 1,000 sqm lease in the K6 Office Building in Budapest and has signed a five-year extension.

EurobuildCEE

Top 5 stories of the week

schedule 02 September 2019

EUROBUILD CEE It was news from Poland dominated the last week of August.

High FDI in CEE

schedule 02 September 2019
Eurobuild CEE

CEE REGION According to data from Colliers International the Global Fortune 500 companies in the CEE region (Poland, The Czech Republic, Hungary, Romania, Slovakia and Bulgaria) are largely from the Automotive, Industrials, Food, Beverages & Tobacco, Telecom & Media and Transportation sectors.

Investment & finance

FLE buys Metro cash & carry portfolio

schedule 02 September 2019
Rafał Ostrowski
journalist

POLAND/HUNGARY/CZECH REPUBLIC Vienna-based asset management company FLE has bought eleven stores under the Makro Cash & Carry brand in Poland and Hungary and under the Metro Cash & Carry brand in the Czech Republic from Metro Group in a sale and leaseback deal worth over EUR 250 mln.

Residential

Nové Chabry estate expands

schedule 02 September 2019
Eurobuild CEE

CZECH REPUBLIC Israeli developer Star Group is expanding its Nové Chabry estate in the eighth district of Prague.

Technology

Innogy meters get smart

schedule 02 September 2019
Opr./edited by AZ

POLAND Over 1,500 smart electricity meters that can be read remotely have been installed in Warsaw buildings. The new system is based on the LTE-M protocol and was developed by Innogy’s Laboratory of Things, which was set up in 2018.

Retail & leisure

Swedish burgers come to Poznań

schedule 02 September 2019
Agnieszka Zielińska

POLAND Max Premium Burgers chain has opened its first restaurant in Poznań at ul. Hetmańska 82a and the chain now operates from five locations in Poland.

Investment & finance

Orange buildings now part of the Zeitgeist

schedule 02 September 2019
Eurobuild CEE

POLAND Zeitgeist Asset Management subsidiary Hockley has bought a complex of six buildings on ul. Nowogrodzka in central Warsaw for EUR 81 mln from telecommunications firm Orange. The total area of the office and residential complex, which stands on a 1 ha plot, comes to 50,000 sqm.

Investment & finance

Record price for Grzybowska plot

schedule 02 September 2019
Opr./edited by TSG

POLAND Golub GetHouse is to pay PLN 54,014 PLN (app. EUR 12.362) net per sqm for a site at ul. Grzybowska 59 in Warsaw, which is likely to be the record paid for a construction plot in Poland.

Retail & leisure

Gemini rises in Bielsko-Biała

schedule 02 September 2019
Rafał Ostrowski
journalist

POLAND In H1 the turnover of the Gemini Park Bielsko-Biała shopping centre increased by 6 pct compared to the same period a year ago.

Office & mixed-use development

UBS moves into two Fabryczna buildings

schedule 02 September 2019
Opr./edited by TC

POLAND Financial company UBS is to move into two office buildings in Fabryczna Office Park, which is being developed by the Inter-Bud group as part of the Fabryczna City project in Kraków.

July’s top five global deals

schedule 02 September 2019
Rafał Ostrowski
journalist

WORLD Prologis’ USD 3.99 bln acquisition of Industrial Property Trust from Denver-based real estate investment manager and development firm Black Creek Group was the largest deal of July in the construction and real estate sector, as tracked by GlobalData.

Retail & leisure

From food court to Foodport

schedule 02 September 2019
Opr./edited by TC

POLAND Renovation work has started on the food court of the Galaxy shopping and entertainment centre in Szczecin.

Marc O’Polo enters new territory

schedule 02 September 2019
Opr./edited by AKL

POLAND Clothing retailer Marc O’Polo closed the financial year (ending on May 31st, 2019) with a 7.3 pct increase in revenue, bringing the total up to EUR 472 mln – more than twice as much as in the previous year and the best figure for the last five years.

Residential

Apartamenty Ostródzka goes on sale

schedule 02 September 2019
Opr./edited by TC

POLAND Atal has started selling apartments in the first stage of the Apartamenty Ostródzka estate in Warsaw’s Białołęka district.

Residential

Horyzont Praga on the horizon

schedule 30 August 2019
Opr./edited by TC

POLAND Cordia Polska has started the pre-sales for a new Warsaw project in Warsaw’s Praga district – the Horyzont Praga building, which is under construction at the junction of ul. Ostrobramska and ul. Rodziewiczówny and will contain 164 apartments on 17 floors.

Retail & leisure

New look for Poznań Plaza

schedule 30 August 2019
Opr./edited by AKL

POLAND The interior of the Poznań Plaza shopping centre, which is owned by the Klépierre group, has been re-opened after refurbishment.

Retail & leisure

Gemini Park Tarnów increases turnover

schedule 30 August 2019
Opr./edited by TC

POLAND In H1 Gemini Park Tarnów recorded an 11 pct increase in turnover compared to the first six months of 2018.

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