News

Hotels

Metropolitan opens Harward

schedule 07 February 2019
Anna Pakulniewicz

POLAND Metropolitan Investment is opening its Gdański Harward student hall near the Gdańsk University of Technology.

Echo steps up a gear

schedule 06 February 2019
Rafał Ostrowski
journalist

POLAND Echo Investment is planning to start the construction of 100,000 sqm of office space this year in Warsaw, Wrocław, Łódź and Kraków and is already planning the development of a further 150,000 sqm.

UBC 2 takes LEED

schedule 06 February 2019
Rafał Ostrowski
journalist

ROMANIA United Business Center 2 in Timișoara has been granted a LEED certificate with a rating of ‘Gold’.

Office & mixed-use development

Alchemia final stage topped out

schedule 06 February 2019
Rafał Ostrowski
journalist

POLAND The Neon office building, which is the fourth and the final stage of the Alchemia office centre in Gdańsk has been topped out.

Events

Cedet In the final four

schedule 06 February 2019
Rafał Ostrowski
journalist

POLAND The Cedet office building in the centre of Warsaw has been shortlisted as a finalist for the ‘Best Refurbished Building’ award at MIPIM 2019.

Plaza sells up in Brașov

schedule 06 February 2019

ROMANIA Plaza Centers has announced that it has signed a pre-agreement to sell a plot in Brașov to an undisclosed purchaser for a total of EUR 620,000, representing a slight increase on the property’s book value.

Peakside goes into Slovenian hospitality

schedule 06 February 2019
Anna Pakulniewicz

SLOVENIA KD Funds and Peakside Capital have acquired Austria Trend Hotel in Slovenia from CA Immo. The transaction represents the fourth real estate acquisition by the KD Adriatic Value Fund in Slovenia.

Construction

Contractor chosen for Warsaw skyscraper

schedule 06 February 2019
Rafał Ostrowski
journalist

POLAND Immobel has chosen Strabag as the general contractor for its Central Point office project on the corner of ul. Marszałkowska and ul. Świętokrzyska in Warsaw.

Chinese come to Karlín

schedule 06 February 2019
Anna Pakulniewicz

CZECH REPUBLIC Chinese-based Europe Huajie Development has chosen the Rustonka Office Center in Prague’s Karlín district for its headquarters in the Czech Republic. The company was represented by 108 Agency.

Office & mixed-use development

Brokerage house fills up Królewska

schedule 05 February 2019
Rafał Ostrowski
journalist

POLAND Brokerage Q Securities has leased 550 sqm of space in the Centrum Królewska office building in the centre of Warsaw. As a result the building is fully leased.

Hotels

Moxy now open

schedule 05 February 2019
Anna Pakulniewicz

POLAND The Moxy Warsaw Praga hotel has been opened in the Centrum Praskie Koneser centre in Warsaw.

Office & mixed-use development

Orbis relocates to Lumen

schedule 05 February 2019
Rafał Ostrowski
journalist

POLAND Hotel chain Orbis Group has leased almost 2,400 sqm in the Lumen office building in the centre of Warsaw and is to move into its new headquarters in the spring of this year from its current offices at ul Bracka 16.

Retail & leisure

Permit granted for Karuzela

schedule 05 February 2019

POLAND Karuzela Kołobrzeg has been granted a building permit for the Karuzela shopping centre in Budzistowo.

Office & mixed-use development

IIB to come to Budapest

schedule 05 February 2019
Alex Hayes
journalist

HUNGARY On February 5th 2019, the minister of finance Mihaly Varga and the chairperson of the International Investment Bank Nikolay Kosov signed an agreement for the IIB to relocate its headquarters to Budapest.

Office & mixed-use development

Lots of space but no vacancies

schedule 05 February 2019
Rafał Ostrowski
journalist

POLAND Around 145,000 sqm of office space was completed in Wrocław in 2018, according to Knight Frank.

Archicom plans out 2019

schedule 05 February 2019
Tomasz Cudowski
editor-in-chief

POLAND Archicom Group is targeting sales of 1,300-1,600 apartments over 2019 with handovers of between 1,500-1,600 apartments.

Office & mixed-use development

Journalists sign up with Cromwell

schedule 05 February 2019
Anna Pakulniewicz

POLAND Ringier Axel Springer Polska has signed a lease with Cromwell Property Group for 12,000 sqm of office space in Trinity Park III in Warsaw.

Rents up, yields down

schedule 05 February 2019
Rafał Ostrowski
journalist

EUROPE The fourth quarter of last year brought large increases in rents for the office and industrial sectors across Europe, while retail rents dropped slightly, according to Cushman & Wakefield’s latest DNA of Real Estate report.

BIK to build logistics centre in Kąty

schedule 04 February 2019

POLAND Biuro Inwestycji Kapitałowych (BIK) has purchased 12 ha of land in Kąty Wrocławskie where it is to build a logistics centre for around PLN 12.9 mln net.

Jysk expanding across region

schedule 04 February 2019
Alex Hayes
journalist

CEE REGION Jysk has announced a number of store openings for February.

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