News

ROMANIA Over the first half of 2018, a total of 33,000 sqm was delivered to the Bucharest office market with over 150,000 sqm to be delivered over the rest of the year, according to figures from Colliers International.

Makeover for Centrum Królewska

Opr./edited by TSG

POLAND Renovation work has started on the façade of the Centrum Królewska office building, which is situated at the junction of ul. Królewska and ul. Marszałkowska in central Warsaw.

Zalando publishes results

EUROPE Zalando has reported increased revenues in Q2 of 20.9 pct to EUR 1,330.0 mln, a rise which is in line with its 20-25 pct growth target. The company’s adjusted EBIT came in at EUR 94 mln representing a margin of 7.1 pct.

Hotels

Rooms of the future in Budapest

HUNGARY A total of 17 teams from ten countries took part in the Budapest Hackathon held by the AccorHotels group in Budapest.

Residential

More apartments for Tallinn

ESTONIA Merko Ehitus Eesti has started the construction of the Uus-Veerenni residential development project on Veerenni street in Tallinn.

Ibis Styles to open next to airport

ROMANIA AccorHotels strategic partner Orbis Hotel Group has signed a management agreement for an Ibis Styles hotel at Bucharest's Henri Coanda International Airport with ABS Holdings subsidiary Liwa Properties.

Interior design

Well furnished hospitality

EUROPE The Dimple series of chairs by Kubikoff are durable and safety tested by Catas. They are suitable for both hotels and restaurants.

LNK Centre changes hands

LATVIA Baltic Horizon Fund has bought the LNK Centre office building in Riga.

Two tenants stay with Hines

POLAND Two tenants of the New City Office complex at ul. Marynarska 15 in Warsaw have extended their leases with Hines Polska.

Investment & finance

Erste fund snaps up Mill Park

HUNGARY Skanska has sold Mill Park, a two-building office project in Budapest to Erste Alapkezelő, a real estate fund of Erste Asset Management.

Interior design

Skanska creates indoor jungle

POLAND Skanska has created a common area for its employees in its new head office in Poland in the Spark office building.

Warehouse & industrial

Eobuwie to build logistics centre

POLAND Eobuwie.pl has purchased a plot of over 12 ha in the Lubuski Industrial Park in Zielona Góra where it is to have a 40,000 sqm logistics centre built.

Hotels

First Radisson Hotel & Suites in CEE

POLAND The hotel in the Deo Plaza complex in Gdańsk will operate under the Radisson brand Radisson Hotel & Suites and will be the first hotel of the brand in the CEE region.

Retail & leisure

Platan fills up

POLAND NEPI Rockcastle subsidiary Platan Property has signed a number of lease agreements for space in the recently extended Platan mall in Zabrze.

WeWork signs 14,000 sqm lease in Mennica

Rafał Ostrowski
journalist

POLAND Flexible workspace provider WeWork has leased all the office space of the Western Building of the Mennica Legacy Tower complex, a project being constructed by Golub Gethouse in Warsaw’s Wola district.

A home for outsourcing

POLAND CBRE Corporate Outsourcing, part of the CBRE group, has moved its Warsaw offices from two other buildings – Ambassador and Horizon Plaza – to a new office at ul. Domaniewska 30 in Warsaw’s Służewiec district: CBRE House.

Marvipol takes out loan for warehouses

POLAND PDC Industrial Center 82, a joint venture company set up by Marvipol Logistics and Panattoni Europe, has secured a loan agreement with BGŻ BNP Paribas to develop a warehousing project near Warsaw.

Residential

Erbud in Fotoplastykon

Opr./edited by TSG

POLAND Erbud has been awarded a PLN 52 mln contract to construct the second and third stage of the Fotoplastykon residential estate in Gdańsk by its developer, Polnord.

Retail & leisure

Two more for Nowa Stacja

Rafał Ostrowski
journalist

POLAND Home & You and 4F stores are to open in the Nowa Stacja shopping centre, currently being developed by ECC Real Estate in Pruszków, just south of Warsaw.

Retail & leisure

Intersport closes two stores