News

Office & mixed-use development

SLOVAKIA PNK Group, an international industrial real estate developer from Russia, has entered the CEE market with the opening of its new industrial park in Sered’. PNK Park Sered’ has 45,000 sqm of class A industrial space in two buildings.

Regus to open another Warsaw centre

Office & mixed-use development

POLAND Co-working space provider Regus has leased 1,072 sqm in the Grójecka 208 office building, developed by Okre Development.

HB Reavis has permit for another office tower

POLAND HB Reavis has been granted a building permit to construct the Forest office complex on a 2 ha site at ul. Burakowska 14 in Warsaw, which is to comprise a 120m office tower with adjacent buildings of six to eight storeys.

No jitters on Łódź office market

Office & mixed-use development

POLAND The Łódź office market is maintaining its equilibrium according to the ‘Occupier Economics: Łódź Office Market, H1 2018’ report by Cresa. Rents are holding firm and tenants continue to target office buildings in the city centre.

The Buddha of Váci Greens

HUNGARY The Buddha Original Sushi & Wok bar has opened a 289 sqm restaurant at the Váci Greens building D developed by Atenor in Budapest.

Warehouse & industrial

Panattoni Europe for Intersnack Poland

POLAND Panattoni Europe has begun work on a BTO (Built To Own) warehouse for Intersnack Poland, the owner of the Felix, Crispers and Przysnacki brands.

Plaza Centers sells up in Łódź

Eurobuild CEE

POLAND Plaza Centers intends to sell two properties in łódź where it was planning to build a residential and a retail project. The company announced the intended sale in its H1 2018 results summary.

Fabet-Konstrukcje to build Bliska Wola

Eurobuild CEE

POLAND J.W. Construction Holding has appointed Fabet-Konstrukcje as the contractor for two stages of the Bliska Wola residential estate on ul. Kasprzaka in Warsaw.

Warehouse & industrial

MLP grows in Lublin

POLAND MLP has announced the signing of a 6,500 sqm lease with an undisclosed tenant in the MLP Lublin logistics park

EPP with rising profits

POLAND EPP has registered a 12 pct rise in profit per share amounting to EUR 5.82 cents for H1 2018.

Hotels

Radisson and Astor to open Radisson Riga

LATVIA Radisson Hospitality, part of the Radisson Hotel Group, has signed a contract to open the Radisson Riga, which is being developed in collaboration with the group’s long-term partner, Astor.

Budapest hotels still expanding

Architecture and urban planning

HUNGARY The CEE hotel market has been expanding rapidly over the last three years both in terms of hotel performance and transaction volumes due to growing numbers of tourists. Within the region, the Budapest hotel market has seen exceptional growth, with its RevPAR growth [revenue per available room] outpacing the other large capital cities in the region, according to Colliers International's latest hotel market study.

Pinocchio becomes a little Polish

EUROPE Polish architectural studio Gierbienis + Poklewski has won second prize in an international competition to find a design for the Pinocchio Children's Library in the village of Collodi near Florence in Italy.

Airbnb growing despite regulation

CZECH REPUBLIC According to research be Colliers International and Hotelschool The Hague, despite many countries having recently introduced legislation to restrict the use of the hospitality service Airbnb, it continues to grow in five large European cities: London, Amsterdam, Berlin, Madrid and Paris.

Russia after 2018 World Cup

RUSSIA Moscow hotels increased prices threefold over the June-July period, while in St Petersburg occupancy fell and rates increase by 30 pct.

Technology

First constructed without bricks

EUROPE Dutch engineering company Dura Vermeer and AR software developers Recreate have launched an augmented reality (AR) hard hat, which uses Xsens motion tracking and the Microsoft HoloLens to help display a 3D model of an architect’s plan on top of what the user actually sees.

Robyg with many apartments up for sale

Eurobuild CEE

POLAND Robyg Group has put 1550 apartments on sale since the beginning of the year, of which 1,150 are in Warsaw.

Retail & leisure

Work continues on Wisła

Aneta Cichla

POLAND Work has begun on the second stage of renovations at the Galeria Wisła mall in Płock.

Residential

Foundation laid for Haven House

Opr./edited by AZ

POLAND Profbud has laid the foundation stone for the Haven House residential project which is under construction on ul. Pawlikowskiego in Warsaw.

Construction

Another crane on the Warsaw skyline