News

Residential

Resi-market keeps its balance

schedule 06 August 2019
Opr./edited by AKL

POLAND The downward trend is continuing for home purchases and new supply, according to JLL’s latest Residential Market in Poland report for Q2 2019. However, increasing prices are allowing developers to maintain satisfactory margins, since they are not falling at the same rate as the number of transactions.

More sales for Etalon

schedule 06 August 2019
Eurobuild CEE

RUSSIA In H1, Etalon saw a 41 pct y-o-y increase in new contract sales to RUB 38.7 bln [app. EUR 532 mln] with a 23 pct increase in space sold to 322,212 sqm.

Retail & leisure

Leases signed in Arkady Wrocławskie

schedule 06 August 2019
Eurobuild CEE

POLAND A number of tenants have signed leases for space in the Arkady Wrocławskie mall in Wrocław.

Office & mixed-use development

Expeditors move into garden

schedule 06 August 2019
Eurobuild CEE

POLAND Logistics services firm Expeditors has moved into its new Polish headquarters in the Business Garden office complex in Warsaw, where the company has leased 660 sqm.

Retail & leisure

Reserved goes big in Zielona Góra

schedule 06 August 2019
Eurobuild CEE

POLAND The Reserved store in Focus Mall in Zielona Góra has been renovated. The store, owned by Poland based LPP, also has been enlarged by 1,366 sqm and now occupies 2,996 sqm, making it the largest Reserved store in the country.

UOKiK gives a Real wigging

schedule 06 August 2019
Eurobuild CEE

POLAND Office of Competition and Consumer Protection [UOKiK] has ruled that the Real hypermarket chain has abused its market position to squeeze its suppliers by delaying payment for goods beyond the deadlines laid down by law.

Warehouse & industrial

Panattoni completes Hydroline plant

schedule 06 August 2019
Rafał Ostrowski
journalist

POLAND Panattoni Europe has completed the construction of a factory in Stargard for Hydroline, a Finnish manufacturer of hydraulic cylinders.

Retail & leisure

Ingka opens EUR 7.5 mln entertainment zone

schedule 05 August 2019
Rafał Ostrowski
journalist

RUSSIA Ingka Centers, the manager of the IKEA brand, has opened a 1.35 ha outdoor entertainment area in front of its Mega Ekaterinburg mall in central Russia.

Office & mixed-use development

Sustainalytics moves to Unirii View

schedule 05 August 2019
Alex Hayes
journalist

ROMANIA Sustainalytics, an environmental ratings agency has leased 1,000 sqm on the tenth floor in Unirii View building in Bucharest.

Retail & leisure

Renovation work begins on Ogrody

schedule 05 August 2019
Opr./edited by AKL

POLAND Tétris, as the general contractor, has begun renovation work on the Ogrody shopping centre in Elbląg, which includes the restaurant area and relaxation zones.

Residential

Apartments for rent in Pacific Residence

schedule 05 August 2019
Opr./edited by AKL

POLAND The Decoroom studio has been chosen to create the design concept for the apartments in the Pacific Residence in Warsaw’s Powiśle district.

Retail & leisure

Vendo Park to be built in Bolesławiec

schedule 05 August 2019
Rafał Ostrowski
journalist

POLAND Trei Real Estate is planning to build a Vendo Park retail park in Bolesławiec to the west of Wrocław.

Good June for retail

schedule 05 August 2019
Eurobuild CEE

EUROPE Retail trade volume increased across the EU in June by 1.2 pct m-o-m and 2.8 y-to-y, according to estimates from Eurostat, the statistical office of the European Union.

Office & mixed-use development

Dell stays in Cubus

schedule 05 August 2019
Alex Hayes
journalist

SLOVAKIA Computer manufacturer Dell has renegotiated its lease of over 20,000 sqm in the Cubus office centre in Bratislava.

Warsaw vacancy still dropping

schedule 05 August 2019
Eurobuild CEE

POLAND The office vacancy rate in Warsaw is currently at its lowest level in seven years and in the city centre there is currently no large space to be leased, says Walter Herz.

Over 700,000 sqm of office space leased

schedule 05 August 2019
Eurobuild CEE

POLAND Take-up of office space in the first half of 2019 was more than 710,000 sqm, with regional markets accounting for nearly 306,000 sqm, says JLL. Around 44 pct of this volume was made up by leasing deals in Kraków, while 15 pct of the volume came from Wrocław and 11 pct from the TriCity.

Lowest retail supply in 20 years

schedule 05 August 2019
Eurobuild CEE

POLAND For the last five years, the growth of new leasable space in Poland has been significantly slowing down, and the expected volume of new supply this year, slightly over 400,000 sqm, will be at its lowest level for the last 20 years, says BNP Paribas Real Estate Poland.

EurobuildCEE

Top 5 hot stories of the week

schedule 02 August 2019
Rafał Ostrowski
journalist

EUROBUILD Perhaps not surprisingly, it was again big transactions that Eurobuild readers were most interested in this week.

Warehouse & industrial

Geis takes up around 5,000 sqm

schedule 02 August 2019
Alex Hayes
journalist

POLAND Logistics operator Geis will move into Distribution Park Grodzisk Mazowiecki with a lease of around 5,000 sqm including over 900 sqm of office space.

Retail & leisure

New Yorker stays in Madison

schedule 02 August 2019
Eurobuild CEE

POLAND New Yorker has extended its lease for its 1,100 sqm clothing store in Madison shopping mall in Gdańsk.

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