News

Retail & leisure

C&W leases Galéria Center

schedule 20 May 2019
Alex Hayes
journalist

HUNGARY APC Invest has appointed Cushman & Wakefield as the exclusive leasing agent of the Galéria Center retail park, which is under construction in Mosonmagyaróvár, a town near the borders of Slovakia and Austria.

Rhenus starts archiving near Warsaw

schedule 20 May 2019
Alex Hayes
journalist

POLAND Rhenus Data Office has signed a seven-year lease agreement for 3,400 sqm of warehouse space in the Hillwood Janki Sokołów logistics centre. Rhenus was represented in the negotiations by JLL.

Warehouse & industrial

Brökelmann to build Opole factory

schedule 20 May 2019
Alex Hayes
journalist

POLAND Brökelmann is building an aluminium and steel processing plant with 18,500 sqm of warehouse and production space. The completion of construction is planned for the beginning of December this year. The project is being managed and supervised by Axi Immo.

Investment & finance

Futureal sells Advance Tower

schedule 20 May 2019
Alex Hayes
journalist

HUNGARY Futureal Group has sold its Advance Tower building to the Erste Real Estate Fund. The second stage of the same project could also be sold to the fund under a forward purchase agreement.

Panattoni plans Silesian joint venture

schedule 20 May 2019
Eurobuild CEE

POLAND PG Europe from Luxembourg, JRR Investments and Sidus Investments from Poznań are planning to build a logistics centre in Silesia and the companies have submitted an application to the Office of Competition and Consumer Protection for approval to set up a joint venture.

Retail & leisure

Intermarché extends in ETC Swarzędz

schedule 20 May 2019
Eurobuild CEE

POLAND Intermarché has extended its lease agreement at ETC Swarzędz shopping centre in Wielkopolska.

Space2Design and Exeter Property Group plan Świebodzin park

schedule 20 May 2019
Eurobuild CEE

POLAND Space2Design, which is a subsidiary of SpaceFactory, has designed a logistics park for Exeter Property Group, which is to be constructed in Świebodzin next to the the S3 expressway.

Retail & leisure

Changes come to Mazovia

schedule 20 May 2019
Eurobuild CEE

POLAND Reporter Young opened an 89 sqm children’s clothes store in the Galeria Mazovia mall in Płock.

April deals for Mirbud

schedule 20 May 2019
Eurobuild CEE

POLAND Over April Mirbud was selected by the General Directorate for National Roads and Motorways (GDDKiA) to design and construct the Olesno bypass along national road 11 (S11) in a contract worth PLN 667.69 mln.

Shopping with phone in hand

schedule 20 May 2019
Eurobuild CEE

POLAND One-third of consumers use electronic devices while shopping in traditional stores and over half need no help from a sales assistant, writes Deloitte in its 'End of the Era of Two Worlds' [Koniec ery dwóch światów] report.

Events

The raspberry on the cake

schedule 20 May 2019
Eurobuild Conferences

POLAND One of the awards sponsors for this year’s Eurobuild CEE Tennis Tournament is the Hotel Medical Spa Malinowy Dwór [In English: the Hotel Medical Spa Raspberry Manor].

Warehouse & industrial

CTP launches two parks in Plzeň region

schedule 17 May 2019
Nathan North
managing editor (English section)

CZECH REPUBLIC CTP has launched the construction of two new industrial parks on the outskirts Plzeň, which will offer a combined 46,000 sqm in their initial phases.

Investment & finance

Warimpex invests more in Airportcity

schedule 17 May 2019
Rafał Ostrowski
journalist

RUSSIA Warimpex has increased its stake in the Airportcity business complex near the Pulkovo 2 international airport in St Petersburg from 55 to 90 pct.

Warehouse & industrial

Czech Republic and Poland in top ten business destinations

schedule 17 May 2019
Rafał Ostrowski
journalist

WORLD The Czech Republic was ranked sixth with Poland coming seventh in the world’s most suitable locations for global manufacturers to expand or relocate their operations to, published by Cushman & Wakefield. The top spot was taken by China.

Retail & leisure

Inditex expands in Timișoara

schedule 17 May 2019
Alex Hayes
journalist

ROMANIA Inditex brands Zara Home and Oysho have opened in the Iulius Mall in Timișoara.

Office & mixed-use development

City Space to open with Galeria Młociny

schedule 17 May 2019
Eurobuild CEE

POLAND CitySpace is to open co-working space arranged in five cargo containers with the Galeria Młociny complex. In Q3 2019, a co-working space with 60 desks and meeting rooms is also to be added alongside the cargo containers.

Construction companies see meagre improvement

schedule 17 May 2019
Eurobuild CEE

POLAND Construction companies listed on the Warsaw Stock Exchange Saw a silight increase in revenues of 9.8 pct over 2018 according to the latest figures Publisher by Spectis.

EIB invests in Poland

schedule 17 May 2019
Alex Hayes
journalist

POLAND The European Investment Bank has signed an agreement for the third and last tranche of a loan, worth PLN 80. 5 mln with the city of Radom. The framework loan was approved in 2016.

EBRD invests in Eften fund

schedule 17 May 2019
Alex Hayes
journalist

BALTIC STATES The EBRD is investing EUR 30 mln equity in the Usaldusfond Eften Real Estate Fund 4. The fund is the first in the region to include Green objectives including measures to reduce climate warming as an integraf part of its operations.

Office & mixed-use development

Getin to move to Warsaw Hub

schedule 17 May 2019
Alex Hayes
journalist

POLAND Getin Noble Bank is to move its headquarters to The Warsaw HUB, which is being developed by Ghelamco Poland. The 18,500 sqm lease in building C has a seven-year term and is to commence from the second half of 2020.

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