News

Residential

Bardowskiego on its way

schedule 24 September 2018
Opr./edited by TC

POLAND TDJ Estate is launching a new residential project within the large-scale Witosa residential development in Katowice – the Bardowskiego 1 housing estate.

Office & mixed-use development

Adgar Bit for working and living

schedule 24 September 2018
Opr./edited by TC

POLAND Following extensive refurbishment, Adgar Business Center II at ul. Konstruktorska 11 in Warsaw’s Służewiec district has been officially reopened and renamed – as Adgar Bit.

Retail & leisure

Galena and... Action!

schedule 24 September 2018
Anna Pakulniewicz

POLAND Dutch-based non-food supermarket chain Action will be opening in the Galena retail park in Jaworzno, which is currently being developed by Panova.

Construction

DMDModular reaches for the sky

schedule 24 September 2018
Rafał Ostrowski
journalist

POLAND/USA DMDmodular, which is based in Skawina near Kraków, is to produce the modules for the tallest modular hotel in the world. A four-star AC Hotel by Marriott hotel with 25 floors and a height of 96m will be built on Sixth Avenue in New York.

Hotels

A bit of luxury in Siberia

schedule 24 September 2018
Eurobuild CEE

RUSSIA Accorhotels and AEB Capital have signed an agreement with the Almazergienbank bank to finance the construction of a 150-room Mercure hotel in Yakutsk in north-eastern Siberia.

Retail & leisure

Galeria Rumia to become Pomerania Outlet

schedule 24 September 2018
Eurobuild CEE

POLAND The Pomerania Outlet centre is to be developed at the site of current Galeria Rumia shopping centre with the building to undergo a metamorphosis over the next twelve months.

Retail & leisure

Polish lingerie comes to Russia

schedule 24 September 2018
Anna Pakulniewicz

RUSSIA/KAZAKHSTAN Gdańsk-based lingerie retailer Esotiq & Henderson is to open its first franchises of its store in Russia and Kazakhstan.

Retail & leisure

Two centres planned by Acteeum

schedule 24 September 2018
Eurobuild CEE

POLAND Acteeum is to open new shopping centres in Chełm and Andrychów by the end of 2019.

Residential

Vilnelės Slėnis to arise in architectural park

schedule 24 September 2018
Anna Pakulniewicz

LITHUANIA Merko has started work on the Vilnelės Slėnis residential estate on the outskirts of the Old Town of Vilnius at 20 Pakraščio.

Office & mixed-use development

Childsplay for C&W

schedule 24 September 2018
Alex Hayes
journalist

POLAND Cushman & Wakefield has represented Kids&Co, a Polish operator of bilingual kindergartens and crèches, in two lease transactions for a total of nearly 1,000 sqm.

Retail & leisure

Immofinanz signs 24 leases

schedule 24 September 2018
Alex Hayes
journalist

POLAND Since the beginning of the year Immofinanz has signed a total of 24 lease agreements in Poland totalling 7,500 sqm.

Crosspoint helps sell Bucharest land

schedule 24 September 2018
Eurobuild CEE

ROMANIA Crosspoint Real Estate, the local partner of Savills in Romania, has brokered the sale of a land plot in Bucharest’s Obor in a deal worth EUR 2 mln for the construction of an 8,000 sqm residential project.

Lidl chooses Merks

schedule 24 September 2018
Anna Pakulniewicz

LATVIA Construction company Merks, which is part of Merko Ehitus group, has been appointed by Lidl Latvija to build a logistics centre of around 47,000 sqm on Ulbrokas street in Riga.

Investment & finance

Poland high in CBRE tech cluster ranking

schedule 21 September 2018
Eurobuild CEE

POLAND Three Polish cities have been listed in CBRE’s latest “EMEA Tech Cities” ranking, which identifies the largest technology clusters in the EMEA region.

Warehouse & industrial

Amway stays in Pruszków

schedule 21 September 2018
Alex Hayes
journalist

POLAND Amway Supply Chain Services affiliate Access Business Group has renewed its warehouse lease at MLP Pruszków I.

Retail & leisure

NEPI Rockcastle hunts down a Mammut

schedule 21 September 2018
Alex Hayes
journalist

HUNGARY NEPI Rockcastle has acquired a 100 pct stake of Mammut 2 and 81 pct of Mammut 1, which jointly make up the Mammut shopping centre on Kalman Square in Budapest.

Investment & finance

Globalworth sees robust growth

schedule 21 September 2018
Rafał Ostrowski
journalist

POLAND Globalworth has recorded a 135 pct growth of net operating income to EUR 51.7 mln in the first six months of 2018.

Immofinanz closes purchase of S Immo stake

schedule 21 September 2018

EUROPE Immofinanz has signed the purchase agreements for 19,499,437 bearer shares in S Immo, which represent a stake of roughly 29.14 pct.

Ten start-ups gain helping hand from Colliers

schedule 21 September 2018
Alex Hayes
journalist

WORLD Colliers Proptech Accelerator powered by Techstars has selected the first ten start-ups that it is to invest in.

Interior design

The chair that’s not there

schedule 21 September 2018
Anna Pakulniewicz

EUROPE Students of the Estonian Academy of Arts have designed a set of impossible chairs. The challenge was to build a chair with the absolute minimum of materials.

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