News

Opr./edited by AZ

POLAND Zonifero, a start-up established by the Tenderhut group, has been awarded a contract to introduce an application for managing the space and for supporting the administrators and tenants in five of Cavatina’s office buildings.

Investment & finance

Renaissance Building taken by Leading Cities Invest

POLAND Leading Cities Invest, a fund managed by the KanAm Grund Group, has purchased the Renaissance Building in Warsaw from a fund managed by GLL Real Estate Partners.

Noerr to move into Dacia One

Alex Hayes
journalist

ROMANIA Legal and tax advisory Noerr has leased the historic section of the Dacia One office project in Bucharest in its entirety.

Investment still rising in the Baltics

Anna Pakulniewicz

LATVIA/LITHUANIA/ESTONIA The combined real estate investment volume in the Baltic states last year totalled EUR 810 mln according to figures published by Newsec in its “Baltic Investment Outlook 2019” report.

Construction

Atlas Ward to build 7R park

Rafał Ostrowski
journalist

POLAND Atlas Ward Polska has been appointed as the general contractor of the 7R Park Warsaw West I logistics complex in Bronisze near Warsaw.

Hotels

Hilton celebrates 100th birthday with Kalisz opening

Opr./edited by TSG

POLAND Antczak Investments has opened the Hampton by Hilton Kalisz hotel on the day of the one hundredth anniversary of the founding of the Hilton brand.

Worko starts coworking in Wrocław

POLAND Worko, a flexible working space provider owned by Vantage development, is to open in Wrocław on the fifth and sixth floors of the Promenada Zita office building at ul. Słonimskiego 1A, over an area of 1,000 sqm.

WearFits to introduce online changing room

POLAND WearFits is testing a virtual fitting room.

From trucks to mass education

RUSSIA The largest school in Russia will be opened in the autumn in Moscow on the former site of the Zil lorry production plant.

Investment & finance

Spar buys Piotr i Paweł

POLAND Wasz Sklep Spar, a subsidiary of the Spar Group has signed a purchase agreement for a majority stake in the financially troubled Piotr i Paweł grocery chain from funds managed by TFI Capital Partners.

Frisco from near Warsaw

POLAND Frisco.pl has opened a new logistics centre near Klaudyn near Warsaw.

Retail & leisure

Fikołki playroom to open in Bielsko-Biała

POLAND Sale Zabaw Fikołki is to open one of its play zones in the Sfera shopping centre in Bielsko-Biała.

One House moves to Bobrowiecka

POLAND Marketing agency One House has become the latest tenant of the Bobrowiecka 8 office building in Warsaw’s Dolny Mokotów district.

Residential

Budimex RE in Olympic form

POLAND Budimex Nieruchomości has started the sales of apartments in the second stage of its Mińska 69 project in the Praga-Południe district of Warsaw.

Hotels

Skiing into infinity

Opr./edited by TC

POLAND Infinity Zieleniec Ski & Spa has started the construction of a luxury aparthotel under the same name alongside the pistes of the Zieleniec Ski Arena in southwest Poland.

Polkomtel pushes ahead with Baletowa BP

Opr./edited by AZ

POLAND The Baletowa Business Park office and conference complex is to be developed at the junction of ul. Puławska and ul. Baletowa in Warsaw's Ursynów district.

Hotels

Ibis Styles enters Croatia

Opr./edited by TC

CROATIA Rijeka Property has signed an agreement with Orbis to manage the first Ibis Styles hotel in Croatia.

Strabag takes over Porr’s management companies

05 June 2019

POLAND/CZECH REPUBLIC Strabag Property and Facility Services has signed an agreement to acquire 100 pct of shares of Warsaw based Porreal Polska and Prague-based Porreal Česko from Porr Group.

LPP feeling chuffed with results

05 June 2019

POLAND LPP group has registered a 15.7 pct increase in sales to PLN 1.8 bln for Q1 this year. This year the company is targeting online sales in excess of PLN 1 bln with a single online store for the entire EU as well for Ukraine and has plans to debut in Finland.

Retail & leisure

Pepco and Dealz under one roof

05 June 2019