News

Investment & finance

JLL pulls out of property management

schedule 02 July 2019
Alex Hayes
journalist

EUROPE Dutch-based property manager MVGM has purchased the property management services of JLL across continental Europe.

Interior design

Daylight in Jade

schedule 02 July 2019
Anna Pakulniewicz

POLAND Bright Lights has introduced the Jade Color Flow & Tunable White lamp produced by CLS to its range. The lamp is ideal both for basic lighting and specialist applications.

Investment & finance

Skanska buys plot and Mercuria from HB Reavis

schedule 01 July 2019
Nathan North
managing editor (English section)

CZECH REPUBLIC Skanska has acquired two properties in Prague from HB Reavis: the 18,000 sqm Mercuria office development on Argentinská in Prague 7 (Holešovice) and a 1.3 ha development plot on Radlická in Prague 5.

VGP and Allianz launch second European JV

schedule 01 July 2019
Nathan North
managing editor (English section)

EUROPE Belgian logistics developer and manager VGP and German investor Allianz Real Estate have launched their latest 50:50 joint venture: VGP European Logistics 2 – an investment vehicle targeting assets in Austria, Italy, the Netherlands, Portugal, Romania and Spain.

Investment & finance

Credit Suisse picks up Ethos and Astoria

schedule 01 July 2019
Alex Hayes
journalist

POLAND Credit Suisse Asset Management (CSAM) has acquired its two Polish assets on behalf of its real estate funds.

Interior design

UPC unveils salesroom design

schedule 01 July 2019
Eurobuild CEE

POLAND Workplace Solutions has created a design UPC sales rooms. The first such salesrooms have opened in Gdańsk, Sosnowiec and Warsaw and lessons learnt from these three sales points are to be uses to refine the design.

Retail & leisure

Mall of Sofia extended

schedule 01 July 2019
Alex Hayes
journalist

BULGARIA Hystead, a majority owned subsidiary of Hyprop has opened the 12,000 sqm extension to The Mall of Sofia. The addition of 40 more stores has brought the total to 222, and now the mall is the second largest in the country with a total gla of 62,000 sqm.

Investment & finance

CTP signs CEE's largest financing deal

schedule 01 July 2019
Alex Hayes
journalist

CZECH REPUBLIC A consortium of three banks has granted CTP loans worth EUR 1.9 bln for its Czech industrial portfolio, comprising 200 buildings with 2.7 mln sqm of industrial space.

Office & mixed-use development

Pearson stays in Nobel

schedule 01 July 2019
Anna Pakulniewicz

POLAND Pearson IOKI, a company that develops online materials for teaching English, has renewed its lease agreement in the Nobel Tower office building in the Jeżyce district of Poznań.

Office & mixed-use development

First building of Moje Miejsce completed

schedule 01 July 2019
Alex Hayes
journalist

POLAND The first building in the Moje Miejsce in Warsaw’s Dolny Mokotów district has been delivered and the Havas Group has already moved into the 18,000 sqm building on ul. Józefa Piusa Dziekońskiego.

Office & mixed-use development

Inreal builds for small businesses

schedule 28 June 2019
Eurobuild CEE

LITHUANIA Inreal Group is starting the construction of an eight-storey office building in at 94 Žalgirio in the Šnipiškės district of Vilnius.

Accor teams up with Meetago

schedule 28 June 2019
Eurobuild CEE

POLAND Accor and Meetago have signed an agreement to introduce a digital booking system to serve the MICE [meetings, incentives, conferences and exhibitions] sector to more than 1,600 hotels around the world.

Retail & leisure

Atut to open in Bełchatów

schedule 28 June 2019
Eurobuild CEE

POLAND KG Group is planning is to open the first stage of another Atut centre in July on ul. Armii Krajowej in Bełchatów in central Poland with 6,600 sqm of retail space.

Retail & leisure

Solaris extension open

schedule 28 June 2019
Alex Hayes
journalist

POLAND On Friday, June 21st, the new wing of the Solaris Center mall in Opole was officially opened after construction work that had taken around 18 months.

Property and Facility Management

Cushman takes on Horizon Plaza

schedule 28 June 2019
Alex Hayes
journalist

POLAND Cushman & Wakefield has been appointed property manager of the Horizon Plaza building at Domaniewska 39A in Warsaw’s Mokotów district and is also to be responsible for its commercialisation.

Hotels

Radisson Blu opens in Prague

schedule 28 June 2019
Alex Hayes
journalist

CZECH REPPUBLIC A Radisson Blu Hotel has opened in Prague with 160 guest rooms and suites as well as eight meeting rooms for up to 150 people.The hotel opens after the renovation and extension of a 1th century building by Wenaasgruppen.

Investment & finance

EPP takes possession of four more malls

schedule 28 June 2019
Alex Hayes
journalist

POLAND EPP has completed the purchase of four M1 shopping centres, closing the second tranche of its M1 transaction.

Retail & leisure

Neptune buys Silesia Outlet

schedule 27 June 2019
Alex Hayes
journalist

POLAND Neptune, a joint venture of Neinver and Nuveen Real Estate, has acquired the Silesia Outlet centre in Gliwice for Poland EUR 31.5 mln, from 6B47. Silesia Outlet opened on 27th March this year and includes 12,000 sqm gla with 60 stores.

M&A moves to Park Avenue

schedule 27 June 2019
Eurobuild CEE

POLAND M&A Capital has signed a lease in the Park Avenue office building in Warsaw and is to move in soon. The deal was brokered by BNP Paribas Real Estate Poland.

Kik still growing

schedule 27 June 2019

POLAND KiK chain has recently opened stores in Chojna, Miechów and Elbląg, and is also soon to open stores in Ciechanów and Pabianice.

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