News

No jitters on Łódź office market

schedule 11 September 2018
Alex Hayes
journalist

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.

Office & mixed-use development

The Buddha of Váci Greens

schedule 11 September 2018
Alex Hayes
journalist

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

schedule 10 September 2018
Anna Pakulniewicz

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

schedule 10 September 2018
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

schedule 10 September 2018
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

schedule 10 September 2018
Alex Hayes
journalist

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

schedule 10 September 2018
Alex Hayes
journalist

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

schedule 10 September 2018
Anna Pakulniewicz

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

schedule 10 September 2018
Anna Pakulniewicz

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.

Architecture and urban planning

Pinocchio becomes a little Polish

schedule 10 September 2018
Anna Pakulniewicz

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

schedule 10 September 2018
Anna Pakulniewicz

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

schedule 10 September 2018
Anna Pakulniewicz

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

schedule 10 September 2018
Anna Pakulniewicz

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

schedule 07 September 2018
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

schedule 07 September 2018
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

schedule 07 September 2018
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

schedule 07 September 2018
Opr./edited by TSG

POLAND A crane has been erected at the Varso construction site in Warsaw.

Hotels

Two Kraków Best Westerns refurbished

schedule 07 September 2018
Anna Pakulniewicz

POLAND The four-star Best Western Premier Kraków Hotel and the Best Western Efekt Express hotels in Kraków have just completed renovations.

Vendo opens in Chodzież

schedule 07 September 2018
Eurobuild CEE

POLAND Trei Real Estate has opened its ninth Vendo Park retail park in Poland on ul. Buszczaka in Chodzież. The 4,100 sqm centre has tenants that include Media Expert, Takko, KiK, Martes Sport, 4F, Pepco, and Hebe.

Investment & finance

Older buildings attractive for developers

schedule 07 September 2018
Anna Pakulniewicz

POLAND Older buildings have outdated functions, different technical installations, and often have high level of vacancy, but they also represent significant opportunities and huge potential, told us Bartłomiej Uszkur, senior consultant at the investment department of Savills.

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