News

Anna Korólczyk-Lewandowska
editor-in-chief

POLAND, Master Management Group, has been granted the final building permit for its MMG Centers Kołobrzeg project to be built at the junction of ul. Chrobrego and ul. Bolesława Krzywoustego in Kołobrzeg.

Retail & leisure

CEE: retail parks market still under supply

EUROPE As the Cushman & Wakefield report „European Retail Park 2019” shows, in recent years, European retail parks have experienced a significant transformation with regard to the breadth of tenant mix and quality of design. Retail park development continues to evolve across Europe. In Western Europe, where retail park development has reached maturity, the new schemes have to be innovative and compelling to be successfully developed. Many of the new retail park schemes include leisure and F&B to make them more attractive as retail destinations. In Central and Eastern Europe, the market has relative under supply, providing scope for increased levels of retail park development activity.

Retail & leisure

Russia and Poland: half of openings in Europe

EUROPE Year 2018 saw approximately 2.6 mln sqm of new shopping centre space completed, some 28 pct below the figure achieved in 2017 and bringing the total size of the European shopping centre market to 168 mln sqm, according to the Cushman & Wakefield report "European Shopping Centres Development Story 2019".

7R again in the centre of Poland

POLAND The developer 7r acquired 7 hectares of land for its’ new project - 7R Park Łódź West.

Agent profession to become a thing of the past?

Opr./edited by TC

POLAND Zinn has launched a service called ‘No Commission’ on the Polish market, which – as the creators announce – is to radically change the face of the real estate sector with regard to the sale and rental of residential real estate

Hotels

Ibis like a hostel

Office & mixed-use development

ESTONIA Ibis Tallinn Centre hotel, which has been opened in the centre of the Estonian capital, is the first hotel of this brand created in this country according to the new concept. In January 2019, Ibis introduced a new concept of its chain, which is based on social interaction and meeting guest expectations.

Train to the Hub

Architecture and urban planning

POLAND Gatx Rail Poland, a company leasing railcars on the Polish and European markets, will lease almost 1,500 sqm of office space in the tower B of The Warsaw Hub complex.

Abrahama street for everyone

POLAND The first woonerf in Gdynia has been officially opened on ul. Abrahama. The project was initiated by residents themselves, and the execution of the project was possible due to the number of votes cast in the civil budget (almost 1,500).

Hotels

Branded hotel openings fell down

RUSSIA While the Russian market is cooling down after the FIFA World Cup-2018, hotel brands remain active in the CIS, Georgia and the Baltics. JLL analysed the activity on hotel markets in Russia, CIS, Ukraine, Georgia and the Baltics in terms of the branded openings in H1 2019 and the operators’ plans for the second half of the year.

Residential

Echo Investment: 290/641

POLAND Echo Investment sold 641 apartments and is halfway to achieving annual apartment sales target.

More and more of City Logistics Wrocław

POLAND Panattoni Europe has completed phase one of City Logistics Wrocław I, with 36,700 sqm built and fully leased, and as of August works are starting on phase two – to deliver an additional 25,000 sqm.

Investment & finance

ECE's tranfer from closed to open fund

EUROPE Retail real estate specialist ECE Real Estate Partners has set up an open-ended pan-European shopping centre fund.

Events

The golf tournament turns eighteen

Eurobuild Conferences

POLAND Last Friday, the 18th annual Eurobuild CEE Golf Tournament took place in the beautiful and serene resort of the First Warsaw Golf & Country Club. Nearly 100 smiling but competitive participants appeared on the golf course.

LPP grows in Pruszcz

Opr./edited by TC

POLAND The extension to the LPP distribution centre in Pruszcz Gdański has been topped off and general contractor Dekpol has started the finishing work on the office area.

Events

Segro talks of innovation

Anna Korólczyk-Lewandowska
editor-in-chief

POLAND At the 15th CEE Warehouse & Logistics Conference organised by Eurobuild CEE Waldemar Witczak, the regional director at Segro for Poland, and Fabien Fridrici, the regional director for France took the opportunity to showcase the company’s projects in France and the UK.

Nexity has no impact

POLAND Nexity Polska has been awarded a Carbon Neutral Company certificate.

Hotels

CPI buys Holiday Inn in Brno

Alex Hayes
journalist

CZECH REPUBLIC CPI Property Group has acquired a four-star congress hotel in Brno, its first in the city.

More bypasses and expressways

POLAND The EU has awarded subsidies of almost PLN 1.5 bln to support the construction of almost 100 km of new roads in Poland.

Accolade announces the continuation of its expansion in Poland

Office & mixed-use development

Opr./edited by TSG

Accolade - an international investor in the commercial real estate market – has announced that Poland will remain one of its most important markets for development in the near future. After three years in Poland, Accolade has nine industrial complexes with an area of 588,000 sqm worth EUR 360 mln. The group is also considering further expansion across Europe.

Largest lease in Czech Republic