News

Office & mixed-use development

More than 7,000 sqm signed for Argo Alpha

schedule 17 January 2019
Nathan North
managing editor

CZECH REPUBLIC Czech Airlines (ČSA) and global pharmaceuticals firm Sanofi have together signed agreements for more than 7,000 sqm in the Argo Alpha building in Vokovice (Prague 6).

Investment & finance

Bluehouse buys Novodvorská Plaza

schedule 17 January 2019
Nathan North
managing editor

CZECH REPUBLIC Bluehouse Capital has completed the acquisition of the Novodvorská Plaza shopping centre in Prague 4 from Klépierre for an undisclosed sum.

Office & mixed-use development

Amer Sports in O3

schedule 17 January 2019
Nathan North
managing editor

POLAND Finnish sports clothing, footwear, and equipment manufacturer Amer Sports has leased 650 sqm of office space in phase three of O3 Business Campus in Kraków.

Investment & finance

Catalyst adds Warsaw retail park to portfolio

schedule 17 January 2019
Nathan North
managing editor

EUROPE Catalyst Capital has completed the EUR 194 mln acquisition of retail assets in Sweden, Germany and Poland as well as an office development in Paris for its EUR 1 bln Catalyst Core Plus European Property Fund (CCPEPF) fund.

Architecture and urban planning

Five-star design in Pasym

schedule 17 January 2019
Anna Pakulniewicz

POLAND MJZ (formerly KAMJZ) has designed a hotel and leisure complex with a conference centre and a marina to be built in Pasym in the Masurian lake district by Verdancy.

Steady sales for Atal

schedule 17 January 2019
Opr./edited by TC

POLAND Last year Atal signed sales contracts for 2,420 residential units, 621 of which were sold in Q4 – down from 2,787 and 755 units in 2017 and Q4 2017 respectively.

7R appoints Dekpol

schedule 16 January 2019

POLAND General contractor Dekpol is to build warehouse and office space for 7R in Kokotów.

Office & mixed-use development

Game programmers move to ul. Brzeska

schedule 16 January 2019
Anna Pakulniewicz

POLAND Computer game developer 11 Bit Studios is purchasing an office building at ul. Brzeska 2 in Warsaw from PBM Południe.

Construction

Work stops on Karuzela

schedule 16 January 2019
Aneta Cichla

POLAND Construction of the Karuzela shopping centre in Biała Podlaska has ceased.

EurobuildCEE

Just Gym in Hi Piotrkowska

schedule 16 January 2019

POLAND Fitness club Just Gym has taken almost 2,000 sqm of the Hi Piotrkowska 155 mixed-use complex under construction in Łódź.

Orbis sells in Wroclaw

schedule 16 January 2019
Eurobuild CEE

POLAND Orbis has signed a conditional contract to sell a 7,900 sqm property ul. Powstańców Śląskich 7 and 7B in Wrocław for PLN 44 mln to an undisclosed developer.

Investment & finance

EPP delivers strong returns over 2018

schedule 16 January 2019
Alex Hayes
journalist

POLAND Polish real estate fund EPP, which is listed on the JSE, delivered a total return of 21 pct over 2018 significantly outperforming the market. This represents a significant difference compared to the SAPY benchmark index which had total returns of -25 pct.

Office & mixed-use development

Recruitment near the castle

schedule 16 January 2019
Anna Pakulniewicz

POLAND HR Design Group – Property & Construction Recruitment has leased office space in the Workin co-working centre at ul. Senatorska 2 in Warsaw.

Hotels

Accor advances into Belarus

schedule 16 January 2019
Opr./edited by TC

BELARUS The opening of the first Accor group hotel in Belarus is to take place in H1 with more to follow in the country this year.

Warehouse & industrial

J. W. Construction moves into warehouses

schedule 16 January 2019
Opr./edited by TC

POLAND Park Logistyczny in Szczecin is the latest project by J.W. Construction Holding – and the first in the warehousing segment.

Interior design

Pop-art style for Citywest

schedule 16 January 2019
Anna Pakulniewicz

HUNGARY The Ibis Styles Budapest Citywest hotel, which opened in Q4 2018, features pop-art interiors created by artist Peter Weiler.

Payments go mobile

schedule 16 January 2019
Opr./edited by AZ

POLAND Samsung Electronics Polska and First Data Polska are to launch a system for using mobile phones as portable payment terminals.

CCC reaches higher and higher

schedule 16 January 2019
Opr./edited by TSG

POLAND Footwear retailer CCC has reported that its revenues in 2018 amounted to more than PLN 4.93 bln – 18 pct higher than 2017.

LPP on the up

schedule 16 January 2019
Opr./edited by TSG

POLAND Clothing retail group LPP’s estimated revenue for 2018 amounted to more than PLN 8 bln –a 14 pct increase y-o-y.

Retail & leisure

Delta Planet Varna to open March 28th

schedule 16 January 2019
Alex Hayes
journalist

BULGARIA Delta Planet Mall in Varna is to open on March 28th

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