News

Property and Facility Management

ISOC turns to Savills

schedule 19 July 2019
Rafał Ostrowski
journalist

POLAND Philippine-based investor ISOC Group has appointed Savills as the property and asset manager for the first phase of the Wrocław Business Garden office complex in Wrocław’s Łódź Fabryczna district.

Retail & leisure

Immofinanz to open 81st Stop Shop

schedule 19 July 2019
Rafał Ostrowski
journalist

SERBIA Immofinanz is to open Stop Shop in Sremska Mitrovica on August 22nd, which will be the developer’s 81st retail park under this brand in the CEE region and southern Europe.

Retail & leisure

Second stage begins for Babice Nowe

schedule 19 July 2019
Rafał Ostrowski
journalist

POLAND Gdańsk-based developer RWS Investment Group has started the construction of the second stage of a retail park on ul. Warszawska in Babice Nowe near Warsaw.

Investment & finance

Globalworth completes EUR 113 mln deal

schedule 19 July 2019
Rafał Ostrowski
journalist

POLAND Globalworth has finalised the acquisition of the Retro Office House in Wrocław and Silesia Star in Katowice for EUR 113.2 mln.

Public buildings

Mirbud to demolish and build Opole sports hall

schedule 18 July 2019
Opr./edited by AKL

POLAND Mirbud has been awarded a contract with Opole city council to demolish the ‘Cieplak’ hall to make way for a new sports hall on the site.

Construction

Porr to build ski centre in Jakuszyce

schedule 18 July 2019
Eurobuild CEE

POLAND The Lower Silesian Innovation and Science Park has appointed Porr as the lead contractor to construct a cross-country skiing and biathlon centre in Szklarska Poręba-Jakuszyce.

Infrastructure

Warsaw to be rerailed

schedule 18 July 2019
Eurobuild CEE

POLAND Polish State Railways (PKP) is planning a new cross-city line with new stops and services in Warsaw.

Warehouse & industrial

Segro invests in Wrocław

schedule 18 July 2019
Eurobuild CEE

POLAND Segro has purchased a plot of more than 17 ha in Biskupice Podgórne near Wrocław. Eventually Segro Logistics Park Wrocław will comprise75,000 sqm of modern warehouse and production space.

Airbnb modifies its practices

schedule 18 July 2019
Eurobuild CEE

EUROPE The European Commission has announced that, as a result of negotiations with Airbnb, the platform has improved and fully clarified the accommodation and pricing offered to consumers on its site so that its standards meet EU consumer law.

Investment & finance

EU gives thumbs up to B&B takeover

schedule 18 July 2019
Rafał Ostrowski
journalist

EUROPE The European Commision has given its consent to Goldman Sachs taking over B&B Hotels. The transaction is reported by western media to come to EUR 1.9 mln.

Warehouse & industrial

Nieten to move into MLP Pruszków II

schedule 18 July 2019
Eurobuild CEE

POLAND Customs broker Nieten has leased over 5,000 sqm at the MLP Pruszków II logistics park in Brwinów near Warsaw. The tenant is to move from its 3,000 sqm premises in MLP Pruszków I, to its new centre in November this year.

Events

JLL to hold its tenth charity Volleyball tournament

schedule 18 July 2019
Rafał Ostrowski
journalist

POLAND A total of 60 teams from the real estate sector will compete in the 10th Charity Real Estate Beach Volleyball Tournament to be held by JLL under the honorary patronage of the Polish Volleyball Federation on August, 1st 2019 on the Vistula beach at Wybrzeże Helskie 1/5 in Warsaw. The tournament is to be followed by the Sports-After-Party at the La Playa Music Bar.

Warehouse & industrial

Panattoni starts second Lublin park

schedule 18 July 2019
Rafał Ostrowski
journalist

POLAND Panattoni Europe has started the construction of the first building in the Panattoni Park Lublin II complex in Niemce north of Lublin.

Investment & finance

Financing for the Colosseum

schedule 18 July 2019
Alex Hayes
journalist

ROMANIA Colosseum Centre in North-West Bucharest has secured a EUR 23 mln loan from Credit Europe Bank to continue the development of the shopping centre that is to extend the current retail park. JLL România represented the centre in the financing negotiations.

Office & mixed-use development

Record lease signed and sealed

schedule 18 July 2019
Rafał Ostrowski
journalist

POLAND Mbank has signed a 45,600 sqm lease in the Mennica Legacy Tower office complex in Warsaw. This is the largest lease ever to be signed on the Polish office market.

Office & mixed-use development

Warsaw ranks three in Europe

schedule 17 July 2019
Rafał Ostrowski
journalist

EUROPE With 32 coworking areas leased covering 110,000 sqm, Warsaw was the third largest market coworking in Europe in terms of take up in 2018, according to a report from BNP Paribas Real Estate.

EU Electrifies Latvian rail

schedule 17 July 2019
Eurobuild CEE

LATVIA The cohesion fund is investing EUR 318.5 mln to electrify 308 km of the country's main east-west railway network and replace its diesel-powered locomotives.

Polish retail still flourishing

schedule 17 July 2019
Eurobuild CEE

POLAND In the first half of this year, developers delivered 215,000 sqm of new retail space, with six international brands making their debuts in Poland according to the latest report by JLL.

Investment & finance

Archicom sells West House 1A

schedule 17 July 2019
Opr./edited by AZ

POLAND Archicom Group has signed a preliminary agreements to sell the West House 1A office building on ul. Strzegomska in Wroclaw to GNT Ventures Properties for around PLN 80.3 mln.

E-commerce

Europe points its big guns at Amazon

schedule 17 July 2019
Alex Hayes
journalist

EUROPE The European Commission has opened a formal antitrust investigation to assess whether Amazon's use of sensitive data from independent retailers who sell on its marketplace is in breach of EU competition rules.

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