News

Opr./edited by AZ

POLAND A Media Markt electronic goods store opened in Galeria Wileńska in Warsaw on November 22nd.

Tenant changes in Karolinka

POLAND. Over the past six months, five new stores have opened in the Karolinka shopping centre in Opole.

Warehouse & industrial

MLP fully leased in Lublin

POLAND MLP Group has completed the leasing its logistics park in Lublin.

EurobuildCEE

Łódź prepares for horticultural exhibition

POLAND The city of Łódź have commissioned a feasibility study for the A1 World Horticultural Exhibition.

Investment & finance

Philippine investor buys into Silesia Business Park

Rafał Ostrowski
journalist

POLAND Manila-based investment group ISOC Holdings has acquired buildings C and D of the Silesia Business Park in Katowice for EUR 59 mln.

Successful month for Octava

POLAND In October Octava Property Trust signed a lease agreement in the Renaissance Tower and Marynarska Passage office buildings in Warsaw for almost 4,000 sqm.

Construction

POLAND Mennica Legacy Tower has now reached a height of over 100m. The skyscraper, which is being jointly developed by Golub GetHouse and the Mint of Poland at the junction of ul. Prosta and ul. Żelazna in Warsaw, has a target height of 140m and should be topped off in Q1 2019.

Investment & finance

Cedet sold

Alex Hayes
journalist

POLAND The Cedet building, in central Warsaw, has been sold to a Korean fund managed by GLL Real Estate Partners for EUR 129.5 mln.

Bamboo houses win RICS competition

WORLD Earl Patrick Forlales from the Philippines has won the ‘Cities for our Future’ competition held by RICS with an idea to help replace Manila’s slum housing.

Architects and civil engineers to be reregulated

POLAND The government is working on laws to regulate the profession of civil engineer and architect.

Investment & finance

OTP buys Corvin Offices

Office & mixed-use development

HUNGARY OTP Real Estate Investment Fund has bought six completed office buildings and two under construction, which are part of Futureal’s Corvin Promenade mixed-use project in Budapest.

First stage of Ogrody Geyera in January

Aneta Cichla

POLAND The Ludwik Geyer cotton mill at ul. Piotrkowska 293/305 in Łódź is currently being restored and converted into a mixed use complex.

Hotels

Marriott hacked!

Alex Hayes
journalist

WORLD Marriott has admitted that the Starwood guest reservation database has been accessed by an unknown unauthorised party.

Residential

Grimbud to build for Wikana

POLAND The Wikana group has appointed Grimbud to build two stages of the Wikana Square estate in Rzeszów, in a contract worth PLN 60.5 mln.

Szczecin says no to Orbis

POLAND The city of Szczecin has vetoed plans by Orbis to knock down the Ibis Budget hotel and to construct a new hotel with extensive services and an additional residential section.

Factory to turn into retail park

POLAND A retail park is to be developed in Łódź by the WFI Genesis fund [Wielkopolski Fundusz Inwestycyjny Genesis].

Soho sells up

POLAND An Extraordinary General Meeting of Soho Development has authorised the sale of the company's key assets by the end of March 2019.

Ibis will do your blogging

EUROPE Accorhotels is providing its guests with a new service. An ‘Instagram sitter’ will service a guest’s social network account allowing the owner to enjoy a hotel stay free from electronic devices.

Hotels

Novotel to open in Port7

Rafał Ostrowski
journalist

CZECH REPUBLIC Geone Real Estate has signed a management contract with Orbis Group to open a 221-room Novotel hotel on the Vltava River in Prague’s Holesovice district.

Retail & leisure

Victoria Ploiești West Retail Park to open in March