News

Office & mixed-use development

Kids to come to Business Garden Rīga

schedule 14 June 2019
Alex Hayes
journalist

LATVIA Vastint Latvia has signed a lease agreement with Patnis un partneri, which is to open a 635 sqm kindergarten in the autumn in Business Garden Rīga at 1 Malduguņu iela.

Hotels

Foreigners spend RON 1.3 bln in Romania

schedule 14 June 2019
Alex Hayes
journalist

ROMANIA Over Q I 2019, the total number of non-residents in tourist accommodation was 443,700 and their total expenditure came to just under RON 1.3 bln (app. EUR 275 mln), according to the latest statistics from the National Institute of Statistics.

Investment & finance

Baltic Horizon completes Galerija Centrs purchase

schedule 14 June 2019
Alex Hayes
journalist

LATVIA The Baltic Horizon Fund has purchased the Galerija Centrs shopping centre in Riga from Linstow by acquiring all the shares of of Tampere Invest.

Retail & leisure

Tarnovia to be transformed

schedule 13 June 2019
Opr./edited by AZ

POLAND Galeria Tarnovia in Tarnów in Małopolska is undergoing some changes aimed at refreshing its product range across almost 30 pct of the shopping centre’s area. The new strategy has been developed by CREAM, the property manager, and Griffin Property Finance II FIZAN, the owner of the 17,000 sqm shopping centre.

Warehouse & industrial

More windows, less waste

schedule 13 June 2019
Opr./edited by TC

POLAND Oknoplast group has started the construction of a new production and logistics complex in Ochmanów near Wieliczka in Małopolska.

Investment & finance

Saller buys Radom shopping centre

schedule 13 June 2019
Rafał Ostrowski
journalist

POLAND Saller Group has signed a contract for the purchase of Galeria nad Potokiem in Radom for PLN 24.6 mln.

Plant for Dino

schedule 13 June 2019
Eurobuild CEE

POLAND Suopermarket chain Dino Polska plans to build a distribution centre in Łobez, in Western Pomerania, the company has revealed in an announcement.

Jara Drapała stays in North Gate

schedule 13 June 2019
Eurobuild CEE

POLAND Law firm Jara Drapała & Partners has renewed and expanded its lease agreement in the North Gate office building in Warsaw.

Hotels

Accor to sell off Orbis

schedule 13 June 2019
Alex Hayes
journalist

EUROPE Accor has announced that it is selling its entire majority stake in Orbis despite having also previously announced its intention to take over the company’s service business.

Investment & finance

Immofinanz splashes out on Warsaw Spire

schedule 13 June 2019
Nathan North
managing editor (English section)

POLAND Immofinanz is to acquire the Warsaw Spire skyscraper (building A of the complex) in the Polish capital for app. EUR 386 mln, subject to approval from the Polish competition authority, in what could be the biggest office investment transaction in Poland this year.

Retail & leisure

Primark debuts in Slovenia

schedule 13 June 2019
Alex Hayes
journalist

SLOVENIA Primark has opened its first store in the country in the Citypark shopping centre in Ljubljana owned by SES Spar European Shopping Centers.

Office & mixed-use development

Occupancy permit granted for SQ Business Center

schedule 13 June 2019
Rafał Ostrowski
journalist

POLAND SQ Business Center, a triangular boutique office building at ul. Stacyjna 5 in Wrocław, has been granted an occupancy permit and the office and retail space is currently being handed over to its tenants.

Office & mixed-use development

Norblin now 40 pct leased

schedule 13 June 2019
Anna Pakulniewicz

POLAND The space in the Former Norblin Factory [Dawna Fabryka Norblina] project (formerly known as ArtNorblin) is almost 40 pct leased.

Office & mixed-use development

Podgórna 9 design approved

schedule 13 June 2019
Eurobuild CEE

POLAND The renovation design by East Architects for the ul. Podgórna 9 building in Poznań has been approved by the city’s historic preservation officer.

Retail & leisure

Galeria Chełm rises from the ground

schedule 13 June 2019
Eurobuild CEE

POLAND General contractor Karmar has almost completed the structural work on the Galeria Chełm shopping centre in eastern Poland.

Retail & leisure

Auchan starts franchising in Poland

schedule 13 June 2019
Eurobuild CEE

POLAND Auchan has opened its first franchise store in the country. Moje Auchan at al. Wilanowska 89 in Warsaw is a local store that has an area of 450 sqm and a product range of 10,000 goods.

Building Smart comes to Poland

schedule 13 June 2019
Eurobuild CEE

POLAND The Building Smart Polska association, which was legally registered in February, has signed an agreement under which it has officially become an affiliate of Building Smart International.

Warehouse & industrial

DTL comes to Marki

schedule 12 June 2019
Alex Hayes
journalist

POLAND DTL International, a provider of network marketing services, has leased 1,650 sqm of warehouse space and more than 120 sqm of office space the Hillwood Marki industrial park.

Warehouse & industrial

Harrier lands in Czech instead of Poland

schedule 12 June 2019
Nathan North
managing editor (English section)

CZECH REPUBLIC UK digital print and photo print producer Harrier LLC has leased 3,250 sqm in Prologis Park Prague-Rudná, about 20 km west of the centre of the city.

Retail & leisure

Okęcie Park emerges from Centrum Krakowska 61

schedule 12 June 2019
Opr./edited by TC

POLAND The redevelopment of Centrum Krakowska 61 in Warsaw is now nearing completion. The owner of the property, Octava Property Trust, has also announced new tenants and a new name for the building.

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