News

Customers spend more with Newbridge

schedule 05 September 2019
Eurobuild CEE

POLAND Newbridge Poland has announced an increase in turnover for three of its centres in H1 2019.

Investment & finance

Credit Suisse buys Skanska buildings for EUR 214 mln

schedule 05 September 2019
Nathan North
managing editor (English section)

POLAND Skanska has sold the Nowy Targ office project in Wrocław and the third and fourth buildings of the High5ive office complex in Kraków for EUR 214 mln to real estate funds managed by Credit Suisse Asset Management Global Real Estate.

Events

Olle Zetterberg to attend Łódź Rediscover conference

schedule 05 September 2019
Eurobuild Conferences

POLAND Business districts evolve. We want to work in friendly and comfortable places designed with our well-being in mind. How can we provide such places by reviving areas of city centres?

Panova sells Myszków park

schedule 04 September 2019
Opr./edited by AZ

POLAND Panova is to sell a retail park in Myszków for EUR 0.88 mln, having signed a deal for the sale of 100 pct of the shares in Panova Invest 3, the spv that owns the property.

Investment & finance

KGAL swoops into Prague

schedule 04 September 2019
Nathan North
managing editor (English section)

CZECH REPUBLIC German asset fund KGAL has completed its first Czech acquisition – the Drn office building in Prague city centre for the Alternative Investment Fund (AIF) for an undisclosed sum.

Events

Weaving your way to Łódź

schedule 04 September 2019
Eurobuild Conferences

POLAND If you’re planning to attend our Łódź Rediscover conference in September, it’s worth taking a look at some of the attractions we are preparing for our guests on the evening of the event.

Warehouse & industrial

Warehousing market booms

schedule 04 September 2019
Eurobuild CEE

POLAND At the end of June 2019, Poland’s total industrial stock reached 16.89 mln sqm, up by 18 pct y-o-y and up by 7 pct on the end of 2018, according to the latest figures from Cushman & Wakefield.

Retailers must face the tech revolution

schedule 04 September 2019
Eurobuild CEE

POLAND Virtual systems have started entering traditional retail trade. According to Stephan Tikhomiroff, the CEO of Perfetti Van Melle Polska, the era of hyper-personalisation has begun.

Accor moves to Lumen

schedule 04 September 2019
Eurobuild CEE

POLAND Orbis and Accor have moved into new offices at ul. Złota 59 in Warsaw, taking up over 2,100 sqm on two floors of the Lumen office building.

Retail & leisure

Leroy Merlin starts building in Minsk

schedule 04 September 2019
Tomasz Cudowski
editor-in-chief

BELARUS The first Belarusian Leroy Merlin store is under construction as part of the Zhdanovichi [Ждановичи] retail park retail park at the junction of Timiriazeva [Тимирязева] and Ratomskaya [Ратомская] in Minsk.

Retail & leisure

Dancing in Galeria Północna

schedule 04 September 2019
Opr./edited by AKL

POLAND The Egurrola Dance Studio has opened in the Galeria Północna mall in Warsaw with a lease of 750 sqm.

Action enters Turawa Park

schedule 04 September 2019
Eurobuild CEE

POLAND Action is to open a 1,000 sqm store in the Turawa Park shopping centre.

Retail & leisure

Renovations start on Malta

schedule 04 September 2019
Eurobuild CEE

POLAND The Galeria Malta shopping centre in Poznań is to be thoroughly renovated. Sierra Balmain has developed a development strategy for the ten-year-old mall based on market research and customer surveys. The centre is to become a place where the people of Poznań can come and relax.

Technology

Hotel for smartphone users

schedule 04 September 2019
Eurobuild CEE

WORLD Australian smart phone producer Oppo has created new kind of mobile hotel, which can be controlled by a smartphone over a 5G network.

Office & mixed-use development

Budimex builds for Budimex

schedule 04 September 2019
Eurobuild CEE

POLAND The Wola Retro office building, a project developed by LC Corp in Warsaw, has been granted an occupancy permit and one of the first tenants will be its main contractor – Budimex Group.

Mzuri CFI reshapes PRS

schedule 04 September 2019
Eurobuild CEE

POLAND In less than five years Mzuri CFI has raised more than PLN 50 mln through crowdfunding through almost 1,000 private small investors and it has set up over ten companies.

More minority shareholders object to Atrium buyout

schedule 04 September 2019
Alex Hayes
journalist

CEE REGION ICAMAP Investments has written a letter to Gazit Globe stating that it objects to the price offered for the remaining shares of Atrium European Real Estate and demands that the company be revalued before it will agree to sell its minority stake of 1.38 pct.

Green projects

Fitwel enters Poland

schedule 03 September 2019
Opr./edited by AKL

POLAND Buma is applying for a Fitwel certificate for the construction of the Wadowicka 3 office complex in Kraków. Building A, which is one of three planned buildings, will be the first project in Poland to be registered under Fitwel.

More Cromwell in CPRF

schedule 03 September 2019

POLAND Cromwell Property Group has bought out the outstanding stake in its Cromwell Polish Retail Fund (CPRF) after exercising its right of first purchase to acquire the third-party investor interest in the fund.

Trei picks up steam

schedule 03 September 2019
Eurobuild CEE

WORLD Property developer and investor Trei Real Estate has announced an increase in its development volume to EUR 730 mln over the first half of 2019, up by EUR 45 mln since the end of 2018 (December 2018: EUR 685 mln). This represents a y-o-y rise of EUR 230 on the EUR 500 mln of H1 2018 (46 pct).

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