News

Technology

Around London in just an hour

schedule 30 August 2018
Opr./edited by TC

UNITED KINGDOM Tétris UK has developed the NXT platform for the JLL’s London offices, which allows users not only to take a virtual tour around the interiors and surroundings of buildings but also allows you to view the economic, environmental and social context of the location.

Residential

Fresh Aroma rising in Białołęka

schedule 30 August 2018
Opr./edited by TC

POLAND YIT has renovated the first of four buildings of the former Henryk Bienenthal yeast factory in Warsaw's Białołęka district, where the developer is building the Aroma Park estate.

Office & mixed-use development

In-vitro in the office

schedule 30 August 2018
Opr./edited by TC

POLAND Roche Diagnostics Polska, the Polish branch of the in-vitro medical diagnostics company, is to move its head office to the Bobrowiecka 8 office building in Warsaw.

Investment & finance

Orbis’ buys Mercure Bucharest Unirii

schedule 30 August 2018
Anna Pakulniewicz

ROMANIA Orbis, in line with its business strategy of allocating capital to the most promising markets in order to underpin sustainable results in the future, has signed a purchase agreement for the plot, building and business related operations of the Mercure Bucharest Unirii hotel.

Russia building 6,456 more

schedule 30 August 2018
Anna Pakulniewicz

EUROPE Russia had the third highest number of hotel rooms under construction in Europe at the end of July 2008, according to data published by hospitality market analysts STR.

Hotels

Hotel & Home & You

schedule 30 August 2018
Anna Pakulniewicz

POLAND The recently opened IBB Hotel Długi Targ in Gdańsk has fitted out several rooms with Home & You products.

UBM sugars palace acquisition

schedule 30 August 2018
Rafał Ostrowski
journalist

CZECH REPUBLIC UBM Development has acquired Cukrovarnický palác [the Sugar Palace] on Senovažne náměstí in the historical centre of Prague.

Office & mixed-use development

Epam heads for Browary

schedule 30 August 2018
Rafał Ostrowski
journalist

POLAND Software producer Epam is to move its Warsaw headquarters to the Browary Warszawskie complex, which is being developed by Echo Investment in Wola district.

Fresenius Kabi expands in Stryków

schedule 30 August 2018
Eurobuild CEE

POLAND Pharmaceutical company Fresenius Kabi has renewed and expanded its lease agreement in Diamond Business Park Stryków from 9,600 sqm to 13,000 sqm.

Retail & leisure

Tesco announces store closures

schedule 30 August 2018
Eurobuild CEE

POLAND Tesco has announced that it is to close thirteen loss-making stores in Poland.

Office & mixed-use development

LPP goes to the Opera

schedule 29 August 2018
Nathan North
managing editor

POLAND LPP, the owner of such fashion brands as Reserved, Cropp, House, Mohito and Sinsay, has leased almost 2,400 sqm in Opera Office in Gdańsk. With this deal the building is fully leased.

Corporate social responsibility

Volley of good will

schedule 29 August 2018
Anna Pakulniewicz

CZECH REPUBLIC The Prague branch of JLL has held its fourth annual beach volleyball charity tournament, this time raising a record CZK 657,000.

Corporate social responsibility

Socially responsible Timberland

schedule 29 August 2018
Eurobuild CEE

THE WORLD Timberland implements the Path of Service – a strategy of corporate social responsibility. The company has set specific goals to achieve by 2020.

Retail & leisure

Higher margins and lower costs at CCC

schedule 29 August 2018
Eurobuild CEE

POLAND The management board of CCC published preliminary financial data for Q2 2018. The group generated EBITDA of PLN 269 mln (excluding IFRS 16) compared to PLN 202 mln in the Q2 of 2017.

Retail & leisure

CityFit in Warsaw and Lublin

schedule 29 August 2018
Eurobuild CEE

POLAND Sadyba Best Mall in Warsaw and Lublin Plaza are next locations of future CityFit clubs. According to the agreement signed by the chain with the manager of both malls – Klépierre Management Polska – the opening will take place at the beginning of next year.

TxM will acquire PLN 31.9 mln from the issue of shares and bonds

schedule 29 August 2018
Eurobuild CEE

POLAND TxM (Textilmarket), a Polish discount store chain, will capitalize the company through the issue of shares and bonds worth PLN 31.9 mln.

Interior design

Business Link presents interior

schedule 29 August 2018
Anna Pakulniewicz

POLAND The recently opened Business Link in Wrocław presents its interior.

Technology

LG Hausys launches Hi-Macs Ultra-Thermoforming

schedule 28 August 2018
Anna Pakulniewicz

WORLD LG Hausys has launched HI-Macs Ultra-Thermoforming, an innovative formula that pushes boundaries of solid surface shaping to a whole new level with 30 pct more thermoplastic capabilities, the biggest innovation for the Solid Surface history since it’s inception in 1967.

Investment & finance

Atrium buys Wars Sawa Junior

schedule 28 August 2018
Anna Pakulniewicz

POLAND Atrium European Real Estate is set to buy the Wars Sawa Junior department store complex in central Warsaw from PFCEE, a fund managed by CBRE Global Investors, for EUR 301.5 mln.

Residential

Yit starts again in Russia

schedule 28 August 2018
Anna Pakulniewicz

RUSSIA Yit began the construction of new apartment buildings in St. Petersburg, Russia, close to the city centre in the Primorsky district.

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