News

Gino Rossi to sell Simple

schedule 04 February 2019
Agnieszka Zielińska

POLAND PKO BP has decided not to purchase the Simple clothing brand and to allow Gino Rossi to sell it to Skyline Insolvency Solutions (SIS).

Architecture and urban planning

Libeskind designs for Łódź

schedule 04 February 2019
Tomasz Szpyt-Grzegórski

POLAND The city of Łódź has set up the InLodz21 cultural institution which is to develop the Special Retail Zone (Specjalna Strefa Detalu) project.

Retail & leisure

Cos comes to Elektrownia

schedule 04 February 2019
Opr./edited by AZ

POLAND COS, a fashion brand from Sweden, is to open a store in the Elektrownia project in Warsaw's Powiśle area.

CEE-6 markets hit new heights

schedule 04 February 2019
Anna Pakulniewicz

CEE REGION Last year, Investment markets in the CEE region recorded a volume of EUR 13.8 bln up 5 pct y-o-y, states Colliers International in its latest “Outlook 2019: Climbing at the altitude” report.

Office & mixed-use development

Modern business with a Sepia hue

schedule 04 February 2019
Opr./edited by AZ

POLAND Sepia Office, a restored, five-storey office and retail/services building located within the walls of the former warehouse and treasury of the Ramisch factory in Łódź, is now ready for its first tenants.

Hotels

Sheraton Warsaw to change hands

schedule 04 February 2019
Anna Pakulniewicz

POLAND Patron Capital intends to purchase all the shares of PEH Warsaw Bidco, which owns the site of the five-star Sheraton Warsaw Hotel at ul. Prusa 2.

Office & mixed-use development

Office market in Czech hands

schedule 04 February 2019
Rafał Ostrowski
journalist

CZECH REPUBLIC CPI Group and CTP Invest are the largest office owners of class ‘A’ and ‘B’ office space in the Czech Republic, according to figures from Cushman & Wakefield.

Retail & leisure

Helios comes to Ostrów

schedule 04 February 2019
Rafał Ostrowski
journalist

POLAND Cinema chain Helios has leased 1,160 sqm in the Galeria Ostrovia shopping centre in Ostrów Wielkopolski.

Polish Holding Hotelowy plans size increase

schedule 04 February 2019
Anna Pakulniewicz

POLAND Polski Holding Hotelowy (formerly called Chopin Airport Development) plans to add at least 20 buildings to its portfolio over the next few years.

Łódź still lacking hotels

schedule 04 February 2019
Rafał Ostrowski
journalist

POLAND By the end of 2019 the number of hotel rooms in Łódź will be 40 pct greater than at the end of 2016, predicts consultancy Walter Herz in its latest report.

Office & mixed-use development

Ikea to arrange offices

schedule 04 February 2019
Opr./edited by AC

POLAND Własne B, an office rental company for small and medium-sized companies, has joined forces with Centrum Ikea dla Firm (Ikea Centre for Business) to arrange and furnish the offices it provides.

Architecture and urban planning

From Slag to Silo

schedule 04 February 2019
Opr./edited by TC

POLAND Kraków resigistered company Slag Recycling has started the design work on the almost 20 ha site of a former cement plant in Jaworzno-Szczakowa, 25 km east of Katowice.

Retail & leisure

Apsys: 286 contracts signed in 2018

schedule 04 February 2019
Opr./edited by AC

POLAND Apsys Polska, which manages 25 shopping centres in Poland, signed 286 lease agreements in 2018, half of which were new contracts for a total of ​​27,600 sqm.

Investment & finance

Half a billion for Museum of Modern Art

schedule 01 February 2019
Aneta Cichla

POLAND Warsaw city council has agreed to an investment subsidy of PLN 180 mln for the construction of the Museum of Modern Art near the Palace of Science and Culture (PKiN) on pl. Centralny (pl. Defilad).

Hotels

KD and Peakside buy Austria Trend Hotel

schedule 01 February 2019
Nathan North
managing editor (English section)

SLOVENIA KD Adriatic Value Fund in partnership with Peakside Capital has finalised the acquisition of the Austria Trend Hotel in Llubljana from Austrian real estate company CA Immo for an undisclosed sum.

Investment & finance

Mercedes reaffirms faith in Polish tech

schedule 01 February 2019
Rafał Ostrowski
journalist

POLAND Mercedes-Benz Cars is to build an electric cars battery plant in Jawor in Lower Silesia.

Investment & finance

Mapletree to grow at West Station

schedule 01 February 2019
Tomasz Szpyt-Grzegórski

POLAND Singaporean investor Mapletree Investments is to acquire the West Station office complex in Warsaw.

Warehouse & industrial

Smurfit Kappa enters Pruszków

schedule 01 February 2019
Rafał Ostrowski
journalist

POLAND Paper packaging producer Smurfit Kappa has leased 6,500 sqm of space in the MLP Pruszków II logistics park near Warsaw.

Investment & finance

PPF completes Nevsky Centre purchase

schedule 01 February 2019
Eurobuild CEE

RUSSIA PPF Real Estate has completed the EUR 171 mln aquisition of the Nevsky Centre mall in St Petersburg from Stockmann.

Warehouse & industrial

7R enters capital’s market

schedule 31 January 2019
Opr./edited by AZ

POLAND Warehouse and logistics space developer 7R has announced plans to build a new complex: 7R City Flex Warsaw Airport I in Warsaw.

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