News

Moscow to be more dense than Petersburg

schedule 13 July 2018
Rafał Ostrowski
journalist

RUSSIA Three quality shopping centres opened in Moscow in H1 2018, totalling 98,500 sqm, according to JLL.

Infrastructure

Large parcels of money

schedule 13 July 2018
Tomasz Cudowski
editor-in-chief

POLAND InPost, which is owned by the American fund Advent International, has announced that it will invest up to PLN 250 mln in its Polish parcel locker infrastructure and its courier services this year.

Office & mixed-use development

Fundamental moves into Villa

schedule 13 July 2018
Opr./edited by TSG

POLAND Warsaw-based construction company Fundamental has moved its offices to the newly-built Villa Metro office building in Warsaw’s Mokotów district, which it was the general contractor of.

Public buildings

Five in running for Museum of Modern Art

schedule 13 July 2018
Tomasz Szpyt-Grzegórski

POLAND Five companies have submitted applications to enter the tender for the construction of the Museum of Modern Art [MSN] in Warsaw.

Warehouse & industrial

Żabka gets closer to customers

schedule 13 July 2018
Tomasz Cudowski
editor-in-chief

POLAND Convenience store chain Żabka Polska has opened its fifth logistics centre – in Szałsza near Gliwice, which is designed to supply around a thousand stores in Silesia and the surrounding area.

Warehouse & industrial

More juice loose aboot this hoose

schedule 13 July 2018
Tomasz Cudowski
editor-in-chief

POLAND Maspex has opened a PLN 170 mln production and logistics facility at the Tymbark fruit juice production plant in Olsztynek.

HM Inwest to open prefab plant

schedule 13 July 2018

POLAND Residential developer HM Inwest is buying a production plant on ul. Inżynierska in Sochaczew.

Technology

A window into the 21st century

schedule 13 July 2018
Tomasz Cudowski
editor-in-chief

POLAND At the inauguration of its new office building and showroom in Ochmanów near Kraków, the Oknoplast group has unveiled its latest range of products, including its Inteligentne Okno [‘smart window’].

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
managing 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
managing 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.

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