News

POLAND The Mousquetaires Group ended the first six months of 2019 with a turnover of over PLN 3.72 bln up by 5 pct y-o-y.

Kraków post office sold to Zeitgeist

POLAND Zeitgeist Asset Management has bought a 19th century building on ul. Wielopole 2 in Kraków, which is partly occupied by the city’s main post office. The property together with a partialy developed plot on ul. Cystersów was sold to Zeitgeist by Orange.

Record H1 for warehouse deliveries

POLAND Almost 1.1 mln sqm of modern warehouse and industrial space was completed in the first half of 2019, which is the highest volume of new supply on record for the first six months of a year, according to Savills’ “Market in Minutes – Warehouse market in Poland" report.

Investment & finance

EU approves Oaktree takeover

WORLD The European Commission has approved the proposed acquisition of a 62 pct majority stake in Oaktree Capital Group by Brookfield Asset Management.

Investment & finance

LaSalle buys Panattoni Park

POLAND LaSalle Investment Management has bought the Panattoni Park Warsaw West VI logistics complex in Grodzisk Mazowiecki for its Encore+ fund.

Hub signs up Atradius

POLAND Insurance company Atradius has leased around 1,500 sqm of office space in The Warsaw Hub complex, which is being developed by Ghelamco Poland in Warsaw’s Wola district.

Hotels

Mercure to open in Fabryczna City

POLAND Orbis has announced that it will open a 200-room Mercure hotel in the Fabryczna City mixed-use complex, which is currently being built in Kraków, and has signed a long-term franchise agreement with the project’s developer Inter-Bud.

EU says yes to Port of Galați subsidies

ROMANIA The European Commission has approved, under EU State aid rules, Romania's plans to grant EUR 27.4 mln in investment aid to the Port of Galați, the largest sea-river port in the country.

Park Avenue filling up

POLAND Danish software company EG has leased space in the Wspólna 70 office tower in the centre of Warsaw.

Olivia Star opens viewing terrace

Tomasz Cudowski
editor-in-chief

POLAND The Olivia Star office building in Gdańsk has one of the highest viewing terraces in Poland at 130m, which was visited by more than 1,500 people on it first day of opening.

Infrastructure

Government invests another PLN 300 mln in Central Airport

POLAND The government has invested PLN 300 mln in return for newly issued shares in Centralny Port Komunikacyjny [Central Communication Port], which is to develop the New Central Polish Airport near the Village of Stanisławów 40 km south east of Warsaw.

Residential

LC Corp plans Latarników estate

POLAND LC Corp is putting a further 350 apartments on sale in Gdańsk, which are to be built in two stages of the Latarników estate on ul. Letnicka.

Freedom of information for surveyors

POLAND The Permanent Committee of the Council of Ministers has approved a number of reforms that should help surveyors.

Plock plans Sobótka sports centre

Property and Facility Management

POLAND The city of Płock has announced it is to create a sports and recreation centre on lake Sobótka in a PPP project.

Colliers takes on an Ethos

POLAND Colliers International has taken over the management the Ethos office and retail building at the pl. Trzech Krzyży square in Warsaw’s Śródmieście district.

Retail & leisure

Three stores open in Capitol Park Križevci

CROATIA The first stage of the Capitol Park Križevci retail park has opened. The first stage comprises Spar, Kik and Green.

Atenor buys Budapest land

HUNGARY Atenor has acquired a plot of 0.5 ha at Hengermalom út 18 in Budapest.

Warehouse & industrial

Fiege takes building 12 in Park Budapest-Harbor

HUNGARY Logistics operator Fiege has signed a lease to take all 10,600 sqm in building 12 in Park Budapest-Harbor.

Allianz signs 9,000 sqm lease