News

Investment & finance

Archicom sells West House 1A

schedule 17 July 2019
Opr./edited by AZ

POLAND Archicom Group has signed a preliminary agreements to sell the West House 1A office building on ul. Strzegomska in Wroclaw to GNT Ventures Properties for around PLN 80.3 mln.

E-commerce

Europe points its big guns at Amazon

schedule 17 July 2019
Alex Hayes
journalist

EUROPE The European Commission has opened a formal antitrust investigation to assess whether Amazon's use of sensitive data from independent retailers who sell on its marketplace is in breach of EU competition rules.

Office & mixed-use development

Lawyers enter Nowogrodzka Square

schedule 17 July 2019
Rafał Ostrowski
journalist

POLAND The Ożóg Tomczykowski law firm has leased 830 sqm in the Nowogrodzka Square office building at al. Jerozolimskie 93 in the centre of Warsaw.

Warehouse & industrial

Media Expert comes to Segro park

schedule 17 July 2019
Rafał Ostrowski
journalist

POLAND Electronics retailer Media Expert has leased 2,000 sqm of warehouse and 150 sqm of office space in the Segro Industrial Park Wrocław. The tenant was represented by Cresa during the negotiations.

Interior design

What a beautiful bird

schedule 17 July 2019
Eurobuild CEE

POLAND Knoll has added the Bird Chair designed by Italian American artist Harry Bertoia to its furniture range.

Office & mixed-use development

Business Park Żory to open next year

schedule 17 July 2019
Eurobuild CEE

POLAND The first stage of Business Park Żory is to open from the beginning of next year with 3,000 sqm gla. The project is in a Special Economic Zone and the town of Żory is just 35 km south of Katowice.

Residential

Bouygues to build 200 apartments

schedule 17 July 2019
Opr./edited by TC

POLAND Bouygues Immobilier Polska has started construction work on two projects in Warsaw – the Orso residential in Ursus, and Wyspiarska Forêt in Białołęka.

Investment & finance

ECE completes Atrium deal

schedule 17 July 2019
Opr./edited by TSG

POLAND ECE Projektmanagement Polska has finalised its deal to buy the Atrium Koszalin and Atrium Felicity in Lublin for EUR 298 mln.

Turnover grows in Czech malls

schedule 16 July 2019
Eurobuild CEE

CZECH REPUBLIC Turnover in regional shopping centres across the country grew by 4.2 pct y-o-y in 2018, according the latest CBRE Shopping Centre Index report.

Warehouse & industrial

Accolade plans Slovakian debut

schedule 16 July 2019
Rafał Ostrowski
journalist

SLOVAKIA Czech investment firm Accolade is planning to build two warehouses of 15,890 sqm and 19,850 sqm on a 7.5 ha site near Košice airport in an investment of CZK 750 mln (app. EUR 30 mln).

Hotels

Best Western Premier makes its debut in Wrocław

schedule 16 July 2019
Eurobuild CEE

POLAND A Best Western Premier condo hotel is opening at ul. Gwarna 12 in Wrocław to be managed by Dobry Hotel.

Interior design

Florence Knoll sits down at a desk

schedule 16 July 2019
Eurobuild CEE

POLAND Aqina has introduced the Executive Desk designed by Florence Knoll to its furniture range.

Retail & leisure

Karuzela builds big

schedule 16 July 2019
Anna Korólczyk-Lewandowska
editor-in-chief

POLAND Karuzela retail centres are being built in Kołobrzeg and Ełk.

Residential

One Tower races skyward

schedule 16 July 2019
Eurobuild CEE

RUSSIA Construction work has begun in the Moscow-City business district on the One Tower, which at 405m in height is to be the world’s tallest residential building.

Architecture and urban planning

Design for EC building chosen

schedule 16 July 2019
Tomasz Szpyt-Grzegórski

EUROPE The European Commission has launched a competition to find a design for its new headquarters at the Rue de la Loi in Brussels.

Warehouse & industrial

Atlas Ward takes on BIK Park Wrocław I

schedule 16 July 2019
Eurobuild CEE

POLAND Atlas Ward Polska has been appointed by Biuro Inwestycji Kapitałowych as the general contractor for the BIK Park Wrocław I logistics park near the town of Kąty Wrocławskie just outside Wrocław.

Brookfield to take over Oaktree

schedule 16 July 2019
Eurobuild CEE

WORLD The European Commission has received an application for US investor Brookfield Asset Management to take a 62 pct stake in Oaktree Capital Management.

Office & mixed-use development

IWG to move into Monopol

schedule 16 July 2019
Alex Hayes
journalist

POLAND Coworking provider IWG has leased nearly 4,600 sqm for its Spaces brand in the Monopol buildings developed by Liebrecht & Wood next to Centrum Praskie Koneser mixed use centre. Spaces is to move in from the beginning of 2021.

Investment & finance

NEPI Rockcastle to sell its offices

schedule 16 July 2019
Alex Hayes
journalist

ROMANIA NEPI Rockcastle has signed a non-binding letter of intent with AFI Europe to sell four office properties with a book value of EUR 309.2 mln (valued on December 31st 2018) and a built up area of 170,000 sqm.

Investment & finance

Trigea acquires the Louvre

schedule 16 July 2019
Rafał Ostrowski
journalist

CZECH REPUBLIC Real estate fund Trigea has bought the Louvre office building in Prague 5.

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