News

Acessibility signed into law

schedule 03 September 2019
Eurobuild CEE

POLAND An act has been signed by the president to set up an Accessibility Fund is to finance improvements to the accessibility for the disabled and the elderly in government offices.

EurobuildCEE

Tom Tailor in Galeria Północna

schedule 03 September 2019
Eurobuild CEE

POLAND German clothing store Tom Tailor has opened its fourth store in Warsaw in the Galeria Północna shopping centre.

Brands expand in Millenium

schedule 03 September 2019
Eurobuild CEE

POLAND Mohito, Sinsay and Vistula brands have reopened and enlarged their stores in the Millennium Hall in Rzeszów.

Construction

Nova Królikarnia Totally topped

schedule 03 September 2019
Opr./edited by TC

POLAND General contractor Totalbud has topped off the Nova Królikarnia residential project in Warsaw, which is being developed by Ronson Development.

Office & mixed-use development

Baltic Horizon Fund to buy North Star

schedule 03 September 2019
Alex Hayes
journalist

LITHUANIA Northern Horizon Capital has signed an agreement on behalf of its Baltic Horizon Fund to acquire the North Star business centre in Vilnius from the Prosperus Strategic RE Fund for around EUR 20.7 mln.

Office & mixed-use development

ING moves into Expo Business Park

schedule 03 September 2019
Alex Hayes
journalist

ROMANIA The first of three buildings to be delivered at Expo Business Park in Bucharest has been completed and is now occupied by ING Bank.

Office & mixed-use development

ConvergenCE buys Buda office building

schedule 03 September 2019
Alex Hayes
journalist

HUNGARY Budapest-based commercial real estate investor and developer ConvergenCE has announced that it has bought the Central Business Center office building on Horvát street in Budapest’s district 2 from Immofinanz. The price has not been disclosed.

Retail & leisure

Stokrotka opens in Piaseczno

schedule 03 September 2019
Alex Hayes
journalist

POLAND A Stokrotka store is to open in Piaseczno just outside Warsaw.

Investment & finance

Moore Stephens merged into TPA Poland

schedule 02 September 2019
Rafał Ostrowski
journalist

POLAND More than 60 tax, accounting and audit specialists so far employed by Moore Stephens Central Audit, are tojoin the Warsaw office of tax advisory TPA Poland, which has merged with the company.

Skyscanner stays in K6

schedule 02 September 2019
Eurobuild CEE

HUNGARY Online travel fare aggregator Skyscanner has renegotiated its 1,000 sqm lease in the K6 Office Building in Budapest and has signed a five-year extension.

EurobuildCEE

Top 5 stories of the week

schedule 02 September 2019

EUROBUILD CEE It was news from Poland dominated the last week of August.

High FDI in CEE

schedule 02 September 2019
Eurobuild CEE

CEE REGION According to data from Colliers International the Global Fortune 500 companies in the CEE region (Poland, The Czech Republic, Hungary, Romania, Slovakia and Bulgaria) are largely from the Automotive, Industrials, Food, Beverages & Tobacco, Telecom & Media and Transportation sectors.

Investment & finance

FLE buys Metro cash & carry portfolio

schedule 02 September 2019
Rafał Ostrowski
journalist

POLAND/HUNGARY/CZECH REPUBLIC Vienna-based asset management company FLE has bought eleven stores under the Makro Cash & Carry brand in Poland and Hungary and under the Metro Cash & Carry brand in the Czech Republic from Metro Group in a sale and leaseback deal worth over EUR 250 mln.

Residential

Nové Chabry estate expands

schedule 02 September 2019
Eurobuild CEE

CZECH REPUBLIC Israeli developer Star Group is expanding its Nové Chabry estate in the eighth district of Prague.

Technology

Innogy meters get smart

schedule 02 September 2019
Opr./edited by AZ

POLAND Over 1,500 smart electricity meters that can be read remotely have been installed in Warsaw buildings. The new system is based on the LTE-M protocol and was developed by Innogy’s Laboratory of Things, which was set up in 2018.

Retail & leisure

Swedish burgers come to Poznań

schedule 02 September 2019
Agnieszka Zielińska

POLAND Max Premium Burgers chain has opened its first restaurant in Poznań at ul. Hetmańska 82a and the chain now operates from five locations in Poland.

Investment & finance

Orange buildings now part of the Zeitgeist

schedule 02 September 2019
Eurobuild CEE

POLAND Zeitgeist Asset Management subsidiary Hockley has bought a complex of six buildings on ul. Nowogrodzka in central Warsaw for EUR 81 mln from telecommunications firm Orange. The total area of the office and residential complex, which stands on a 1 ha plot, comes to 50,000 sqm.

Investment & finance

Record price for Grzybowska plot

schedule 02 September 2019
Opr./edited by TSG

POLAND Golub GetHouse is to pay PLN 54,014 PLN (app. EUR 12.362) net per sqm for a site at ul. Grzybowska 59 in Warsaw, which is likely to be the record paid for a construction plot in Poland.

Retail & leisure

Gemini rises in Bielsko-Biała

schedule 02 September 2019
Rafał Ostrowski
journalist

POLAND In H1 the turnover of the Gemini Park Bielsko-Biała shopping centre increased by 6 pct compared to the same period a year ago.

Office & mixed-use development

UBS moves into two Fabryczna buildings

schedule 02 September 2019
Opr./edited by TC

POLAND Financial company UBS is to move into two office buildings in Fabryczna Office Park, which is being developed by the Inter-Bud group as part of the Fabryczna City project in Kraków.

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