News

Residential

Living on the Eastern edge

schedule 11 February 2020
Opr./edited by TC

RUSSIA/BELARUS The number of residential developers at risk of bankruptcy increased by almost 80 pct in Russia last year while the number of companies declaring bankruptcy grew by 22 pct, reveals Russian business daily Kommersant.

Investment & finance

Globalworth happy with its 2019 figures

schedule 11 February 2020
Rafał Ostrowski
journalist

POLAND Globalworth expanded its Polish portfolio by more than 250,000 sqm in 2019. At the same time the company secured lease agreements for a total of almost 95,000 sqm.

Office & mixed-use development

Top 5: Booming and blooming – as usual

schedule 10 February 2020
Rafał Ostrowski
journalist

EUROBUILD CEE The first week of February was no different to every other week we’ve had in this long period of growth we are still enjoying. It was full of big transactions and feel-good news about how well things are going.

Investment & finance

CPI waits at Globalworth’s threshold

schedule 10 February 2020
Nathan North
managing editor (English section)

CEE REGION CPI Property Group has purchased a further 3.68 mln shares in Globalworth, bringing the Czech company’s holding in the Romanian real estate investor to 65.25 mln shares, representing 29.4 pct of the voting rights.

Investment & finance

Savills buys Panattoni Wrocław hall

schedule 10 February 2020
Nathan North
managing editor (English section)

POLAND For its pan-European Savills IM European Logistics Fund 3 (ELF 3), Savills Investment Management has bought a 46,000 sqm warehousing property near Wrocław from Panattoni for around EUR 33 mln.

Office & mixed-use development

Fujitsu fusion in Fuzja

schedule 10 February 2020
Rafał Ostrowski
journalist

POLAND Fujitsu Poland Global Delivery Center has leased 16,300 sqm in the Fuzja office complex in Łódź. Until now Fujitsu’s IT centre has been based in two Łódź locations. The tenant is to move in by the end of 2022.

Retail & leisure

Record footfall for Gemini Park Bielsko-Biała

schedule 10 February 2020
Opr./edited by AKL

POLAND Gemini Park Bielsko-Biała enjoyed growing turnover and its highest ever footfall – 5.5 mln customers – in 2019.

Investment & finance

Reino to buy logistics centre

schedule 10 February 2020
Opr./edited by AKL

POLAND Reino Capital has preliminary contracts for the acquisition of a 100,000 sqm warehousing centre.

Hotels

Chapman Taylor designs Baltic resort

schedule 10 February 2020
Opr./edited by TC

POLAND Belgian investor Fenixco has started the construction of the Pinea holiday complex in the north-western coastal town of Pobierowo.

Investment & finance

Tritax EuroBox buys Stryków sheds

schedule 10 February 2020
Opr./edited by AKL

POLAND Griffin Real Estate, acting on behalf of Redefine Properties, has completed the EUR 51.8 mln sale of two class A logistics properties in Stryków near Łódź with a combined ​​77,660 sqm gla along with a plot for the construction of another 22,407 sqm warehouse.

Warehouse & industrial

Radial comes to Pruszków

schedule 10 February 2020
Rafał Ostrowski
journalist

POLAND Omnichannel systems provider Radial has leased 8,100 sqm of warehouse space and 1,000 sqm of office and staff amenity areas in the MLP Pruszków II logistics park on Warsaw’s western outskirts.

Investment & finance

Panattoni sells Polish logistics portfolio

schedule 10 February 2020
Rafał Ostrowski
journalist

POLAND Panattoni Europe has sold five logistics parks with a combined 280,000 sqm to an undisclosed Asian investor represented by Savills Investment Management.

Residential

Yareal to bring more life back to Kamionek

schedule 07 February 2020
Opr./edited by AKL

POLAND Soho by Yareal, a mixed-use complex of a dozen or so buildings, is to be constructed in Kamionek in Warsaw’s Praga-Południe district.

Retail & leisure

Eobuwie.pl opens in Galeria Północna

schedule 07 February 2020
Opr./edited by AKL

POLAND Eobuwie.pl has opened an interactive store with a selection of 15,000 immediately available footwear products in Galeria Północna in Warsaw's Białołęka district.

Investment & finance

Matexi issues PLN 75 mln worth of bonds

schedule 07 February 2020
Opr./edited by TC

POLAND Matexi Polska has announced the issue of secured bonds worth a total of PLN 75 mln. The entire issue was acquired by a single bondholder from the PZU group.

Investment & finance

Catalyst buys Diamante Plaza in Kraków

schedule 07 February 2020
Nathan North
managing editor (English section)

POLAND British real estate investor Catalyst Capital has acquired the Diamante Plaza office building in Kraków from its Spanish developer Aldesa for an undisclosed sum.

Office & mixed-use development

Nova Silesia emerges from the rubble

schedule 07 February 2020
Nathan North
managing editor (English section)

POLAND Vastint Poland has unveiled the conceptual design for the Nova Silesia office and hotel complex, which is to be developed in Katowice city centre.

Take-up down by 40 pct in Ostrava

schedule 07 February 2020
Nathan North
managing editor (English section)

CZECH REPUBLIC The modern office stock in Ostrava came to 219,800 sqm at the end of last year, according to the latest figures from the Regional Research Forum.

Take-up takes off in Brno

schedule 07 February 2020
Nathan North
managing editor (English section)

CZECH REPUBLIC Brno’s total modern office stock reached 625,200 sqm in H2 2019, according to the latest figures published by the Regional Research Forum.

Green projects

Business Garden Rīga strikes platinum

schedule 07 February 2020
Nathan North
managing editor (English section)

LATVIA The first phase of the Business Garden Rīga office complex developed by Vastint Latvia has been awarded LEED ‘Platinum’ certification.

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