News

Construction

Work stops on Karuzela

schedule 16 January 2019
Aneta Cichla

POLAND Construction of the Karuzela shopping centre in Biała Podlaska has ceased.

EurobuildCEE

Just Gym in Hi Piotrkowska

schedule 16 January 2019

POLAND Fitness club Just Gym has taken almost 2,000 sqm of the Hi Piotrkowska 155 mixed-use complex under construction in Łódź.

Orbis sells in Wroclaw

schedule 16 January 2019
Eurobuild CEE

POLAND Orbis has signed a conditional contract to sell a 7,900 sqm property ul. Powstańców Śląskich 7 and 7B in Wrocław for PLN 44 mln to an undisclosed developer.

Investment & finance

EPP delivers strong returns over 2018

schedule 16 January 2019
Alex Hayes
journalist

POLAND Polish real estate fund EPP, which is listed on the JSE, delivered a total return of 21 pct over 2018 significantly outperforming the market. This represents a significant difference compared to the SAPY benchmark index which had total returns of -25 pct.

Office & mixed-use development

Recruitment near the castle

schedule 16 January 2019
Anna Pakulniewicz

POLAND HR Design Group – Property & Construction Recruitment has leased office space in the Workin co-working centre at ul. Senatorska 2 in Warsaw.

Hotels

Accor advances into Belarus

schedule 16 January 2019
Opr./edited by TC

BELARUS The opening of the first Accor group hotel in Belarus is to take place in H1 with more to follow in the country this year.

Warehouse & industrial

J. W. Construction moves into warehouses

schedule 16 January 2019
Opr./edited by TC

POLAND Park Logistyczny in Szczecin is the latest project by J.W. Construction Holding – and the first in the warehousing segment.

Interior design

Pop-art style for Citywest

schedule 16 January 2019
Anna Pakulniewicz

HUNGARY The Ibis Styles Budapest Citywest hotel, which opened in Q4 2018, features pop-art interiors created by artist Peter Weiler.

Payments go mobile

schedule 16 January 2019
Opr./edited by AZ

POLAND Samsung Electronics Polska and First Data Polska are to launch a system for using mobile phones as portable payment terminals.

CCC reaches higher and higher

schedule 16 January 2019
Opr./edited by TSG

POLAND Footwear retailer CCC has reported that its revenues in 2018 amounted to more than PLN 4.93 bln – 18 pct higher than 2017.

LPP on the up

schedule 16 January 2019
Opr./edited by TSG

POLAND Clothing retail group LPP’s estimated revenue for 2018 amounted to more than PLN 8 bln –a 14 pct increase y-o-y.

Retail & leisure

Delta Planet Varna to open March 28th

schedule 16 January 2019
Alex Hayes
journalist

BULGARIA Delta Planet Mall in Varna is to open on March 28th

Construction

Alfa topped

schedule 16 January 2019
Alex Hayes
journalist

LATVIA The Alfa shopping centre extension in Riga has been topped off.

Office & mixed-use development

Business Garden stage II granted building permit

schedule 16 January 2019
Alex Hayes
journalist

LATVIA On January 10th, Vastint received a building permit to construct the second stage of its Business Garden Rīga.

Warehouse & industrial

Robyg ready to debut in Wrocław

schedule 15 January 2019

POLAND Robyg has the final building permit to build the first stage of Robyg Jagodno, its first project in Wrocław. In this stage, 119 housing units are to be built including 48 apartments around a central courtyard and a number of terraced houses.

Retail & leisure

Jula plans to grow

schedule 15 January 2019
Aneta Cichla

POLAND Jula is opening a purchasing office for the Central and Eastern Europe region in Poland.

Retail & leisure

Europa Centralna takes Action

schedule 15 January 2019
Aneta Cichla

POLAND Action has opened an 870 sqm store in the Europa Centralna shopping centre in Gliwice.

Office & mixed-use development

Solutions.Rent opens second Warsaw centre

schedule 15 January 2019

POLAND Co-working space provider Solutions.Rent has leased 3,600 sqm of office space on the first and ground floor of the Ethos building at pl. Trzech Krzyży in Warsaw.

Five warehouses change hands

schedule 15 January 2019
Alex Hayes
journalist

POLAND White Star Real Estate and the EPISO 4 opportunity fund managed by Tristan Capital Partners have acquired a portfolio of five warehouses in some of the most established logistics locations in Poland from an affiliate of Oz Real Estate for around EUR 86 mln.

Retail & leisure

Metro Park opens in Koło

schedule 15 January 2019

POLAND A Metro Park retail park has been opened in Koło in central Poland and is the sixth such park to be opened by Metropolitan Investment.

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