News

Tesco to sell five Polish centres

schedule 23 July 2019
Rafał Ostrowski
journalist

POLAND The Polish Office of Competition and Consumer Protection (UOKiK) has received application regarding the sale of five centres where Tesco Polska operates large-format stores and leases retail and service space.

Office & mixed-use development

Lina Medical expands in Poznań

schedule 23 July 2019
Rafał Ostrowski
journalist

POLAND Specialist surgical equipment supplier Lina Medical has leased 6,400 sqm in Goodman Poznań IV Airport Logistics Centre.

Residential

POC Partners completes Marina Royale I

schedule 23 July 2019
Eurobuild CEE

POLAND Belgian developer POC Partners has completed the first building of the Marina Royale apartment complex in Darłowo by the Baltic Sea.

Events

Anyone for a fourth round of table tennis?

schedule 23 July 2019
Eurobuild Conferences

POLAND The 4th Table Tennis Tournament organised by cmT and Eurobuild Conferences is to take place at the OSIR Praga-Południe sports hall at ul. Siennicka 40 in Warsaw on September 28th.

Construction

Construction production down in May

schedule 23 July 2019
Rafał Ostrowski
journalist

EUROPE Seasonally adjusted production in the construction sector decreased by 0.3 pct in May both in the euro area (EA19) and the EU28, according to preliminary figures from Eurostat, the statistical office of the European Union.

Office & mixed-use development

Coca Cola in Business Garden

schedule 23 July 2019
Alex Hayes
journalist

POLAND Coca Cola HBC Polska has leased over 5,500 sq m of office space in the Business Garden complex on ul. Żwirki i Wigury in Warsaw.

Office & mixed-use development

Bank comes to Hi Piotrkowska

schedule 23 July 2019
Rafał Ostrowski
journalist

POLAND Master Management Group has signed up PKO Bank Polski as the first office tenant for the Hi Piotrkowska mixed-use building in the centre of Łódź with a lease of 1,650 sqm.

Resi4Rent with money to build four projects

schedule 23 July 2019
Alex Hayes
journalist

POLAND Resi4Rent has been awarded with a PLN 198 mln construction loan by Santander Bank Polska and Helaba.

C&W signs proptech partnership

schedule 22 July 2019
Rafał Ostrowski
journalist

EUROPE Cushman & Wakefield has entered a strategic partnership with a proptech venture capital firm Fifth Wall to develop innovations for the company’s clients.

Strong H1 results for Neinver

schedule 22 July 2019
Alex Hayes
journalist

EUROPE Neinver has announced that sales across its outlet centre portfolio grew to EUR 487 mln during the first half of the year, an 8 pct increase compared to the same period in 2018.

Property and Facility Management

Colliers take on Business Garden

schedule 22 July 2019
Alex Hayes
journalist

ROMANIA Colliers International is to provide property management services for the Business Garden Bucharest, developed by Vastint Romania, in the Orhideea area in Bucharest.

Benson acquires building on Chmielna

schedule 22 July 2019
Rafał Ostrowski
journalist

POLAND Benson Elliot Real Estate Partners IV fund has acquired the Chmielna 134 office building in central Warsaw from UBS Real Estate Kapitalanlagegesellschaf.

Hotels

Motel One debuts in Poland

schedule 22 July 2019
Eurobuild CEE

POLAND Munich based budget hotel group Motel One is to debut in Poland with the Motel One Warsaw-Chopin hotel on ul. Tamka in Warsaw.

Retail & leisure

Spar vs Spar: the battle continues

schedule 22 July 2019
Eurobuild CEE

POLAND The District Court in Kielce has dismissed the suit brought by Spar International to suspend the the ruling of May 16th 2019, ruling that the termination of the licensing contract held by Spar Polska was not lawful. The decision cannot be appealed.

Warehouse & industrial

M7 sells Aerozone Logistics Park

schedule 22 July 2019
Alex Hayes
journalist

HUNGARY M7 Real Estate has announced the sale of Aerozone Logistics Park in Budapest, Hungary JT Ross Group on behalf of its Central European Real Estate Fund I.

Hotels

Best Western goes East

schedule 22 July 2019
Eurobuild CEE

RUSSIA Best Western Hotels & Resorts is to open the Vertical We &I BW Signature Collection hotel on Malyye Kamenshchiki street (Малые Каменщики) in Moscow in August 2020.

Office & mixed-use development

Globalworth stays busy

schedule 22 July 2019
Eurobuild CEE

POLAND Since entering the Polish market a year and a half ago, Globalworth has signed lease agreements for almost 100,000 sqm, representing some 20 pct of the company's Polish property portfolio

Fewer units sold, more profit

schedule 22 July 2019

POLAND Dekpol has announced that it sold 227 residential units in H1 compared to 319 in the same period of the previous year.

Profits drop for Budimex

schedule 22 July 2019
Eurobuild CEE

POLAND Budimex has announced a consolidated net profit of PLN 44 mln for Q2 2019 down by PLN 21 mln (32 pct) on the same period of the previous year.

Slower Q2 but better H1 for Dom Development

schedule 22 July 2019
Opr./edited by TC

POLAND Dom Development group signed sales contracts for 836 units net over the last quarter and handed over 440 units, 57 pct less than a year earlier, whereas in the first half of the year the group sold 1,762 units (+7 pct year-on-year) and handed over more than 1,655 (+15 pct y-o-y).

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