News

Residential

Cordia to build 1,300 flats in Ferencváros

schedule 12 July 2018
Rafał Ostrowski
journalist

HUNGARY Futureal Group’s residential subsidiary Cordia is plannning to build the Millennium Quarter estate in Budapest’s central Ferencváros district.

Office & mixed-use development

Budapest office break 3.5 mln sqm mark

schedule 12 July 2018
Nathan North
deputy editor

HUNGARY Three new office buildings were completed in Budapest in the second quarter of the year, totalling 57,060 sqm, according to the Budapest Research Forum.

Investment & finance

Globalworth buys Spektrum

schedule 12 July 2018
Rafał Ostrowski
journalist

POLAND Globalworth has bought the Spektrum Tower office building in Warsaw’s Central Business District from Europa Capital for app. EUR 101 mln.

Warehouse & industrial

P3 welcomes Canadian duo

schedule 12 July 2018
Nathan North
deputy editor

CZECH REPUBLIC Two new tenants have leased space in P3 Prague D8. Food supplements producer Barny’s and pet supplies company Alavis, both divisions of Pharma United Canada, are to both move into 1,000 sqm of warehousing and an additional 500 sqm of offices.

Even greener Tikkurila

schedule 12 July 2018
Anna Pakulniewicz

EUROPE Tikkurila has launched a new product line on the Baltic market with packaging that utilises Post Industry Recycled (PIR) plastic.

MLP happy about H1 leases

schedule 12 July 2018
Rafał Ostrowski
journalist

POLAND MLP Group has leased over 100,000 sqm of industrial space in the first half of this year – almost 3 pct more than in the same period of 2017.

Hotels

Ibis Styles Tomaszów Lubelski on its way

schedule 12 July 2018
Anna Pakulniewicz

POLAND Construction work has started on an Ibis Styles hotel in Tomaszów Lubelski. The hotel is to be located in the former Laureat hotel – the first hotel in the town – at ul. Lwowska 32, which was built in 1984–1988.

Investment & finance

Ceetrus looking for partners

schedule 12 July 2018
Eurobuild CEE

POLAND Ceetrus Polska (formerly Immochan), which owns a large land bank (200 ha – or about 280 football pitches), is planning to gradually develop these sites and is inviting investors to cooperate on such projects.

CBRE sets up SEE office

schedule 12 July 2018
Rafał Ostrowski
journalist

SEE REGION CBRE has started real estate advisory services for international and domestic clients in South Eastern Europe (SEE).

Retail & leisure

H&M happy with Stare Miasto

schedule 11 July 2018
Anna Pakulniewicz

POLAND Swedish fashion retailer H&M has decided to renew its 1,400 plus sqm lease in the Ferio Konin shopping centre.

Lokum liking its results

schedule 11 July 2018
Tomasz Cudowski
editor-in-chief

POLAND The Lokum Deweloper group recorded an increase in sales in the first six months of 2018, after signing preliminary and development agreements for 531 units (a y-o-y increase of 21 pct).

Investment & finance

Buma takes over Octava portfolio

schedule 11 July 2018
Eurobuild CEE

POLAND Buma Service of Buma Group has announced the acquisition of the management of a portfolio of Warsaw real estate assets from the Octava FIZAN fund.

Retail & leisure

Three more for Bronowice

schedule 11 July 2018
Eurobuild CEE

POLAND Three new tenants opened in Galeria Bronowice in Kraków in June: multi-brand 50 Style store, a 3 km KartExpress go-kart track and an Apart jewellery store.

XBS Logistics leases more in Błonie

schedule 11 July 2018
Rafał Ostrowski
journalist

POLAND XBS Logistics has leased 6,800 sqm in Hillwood Błonie II, which is situated app. 40 km west of the centre of Warsaw.

Sushi in Galeria Młociny

schedule 11 July 2018
Rafał Ostrowski
journalist

POLAND SushiZushi has leased 120 sqm in the Galeria Młociny shopping centre, which is being developed by Echo Investment in Warsaw.

Construction

Topping off at Moje Miejsce

schedule 11 July 2018
Eurobuild CEE

POLAND The first office building in the Moje Miejsce project, which is being developed by Echo Investment in Warsaw’s Dolny Mokotów district, has reached its highest structural point and has been topped off.

Retail & leisure

Another world in Aleja Bielany

schedule 11 July 2018
Anna Pakulniewicz

POLAND Less than a year since it opened in the Aleja Bielany shopping centre in Bielany Wrocławskie, virtual reality store House of VR is moving to a unit six times bigger and has changed its name.

Retail & leisure

Third musketeer on the Baltic

schedule 11 July 2018
Eurobuild CEE

POLAND An Intermarché grocery supermarket has opened in Galeria Szperk in Gdynia – the third store of the chain in the TriCity (the other two being in Gdańsk).

EUR 100 mln for take-overs in Poland

schedule 11 July 2018
Anna Pakulniewicz

POLAND Helaba, acting as facility and security agent, and PBB Deutsche Pfandbriefbank have jointly underwritten an investment facility to finance four office properties in Poland.

Warehouse & industrial

Yusen stays with Goodman

schedule 10 July 2018
Nathan North
deputy editor

POLAND Japanese logistics operator Yusen Logistics, which is owned by the NYK Group, has renewed its lease agreement of more than 15,000 sqm in the Goodman Toruń Logistics Centre.

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