News

Tomasz Cudowski
editor-in-chief

POLAND Profbud has laid the foundation stone for the Osiedle Primo residential estate at the junction of ul. Lindleya and ul. Węglowa in Łódź.

POLAND Warsaw’s Regional Director of Environmental Protection has issued the environmental conditions for the construction of a skyscraper at ul. Emilii Plater 51 in Warsaw – on the site of the now demolished Emilia furniture store (locally known as ‘Emilka’).

Leroy Merlin in WTT

POLAND French home improvement and gardening retailer Leroy Merlin has leased 831 sqm in the Warsaw Trade Tower (WTT), an office building owned by the Akron Investment Central Eastern Europe II fund.

WWF in AFI Tech Park 1

ROMANIA WWF Romania has signed a five-year lease for an area of 350 sqm in AFI Tech Park 1 in Bucharest, with the lease being mediated by Colliers International.

Retail & leisure

Preparing to build a bigger Colosseum

ROMANIA Developer Nova Imobiliare has announced that it will extend the Colosseum Retail Park by 16,500 sqm with the construction of the Colosseum Mall in North West Bucharest.

Skanska starts fourth High5ive building

POLAND Office developer Skanska has started construction work on the fourth building within the High5ive complex in Kraków.

GFT stays in Okrąglak

POLAND IT services provider GFT Poland has renewed and expanded its lease in the Okrąglak office building in Poznań. The company now occupies around 2,500 sqm.

Retail & leisure

Third Ikea to open in Warsaw

POLAND In H2 of the year, Ikea will open a two-level store in the Blue City shopping centre in Warsaw's Ochota district but has put its plans on hold to open a store in Warsaw's Fort Wola shopping centre, which is owned by Mayland Real Estate.

Warehouse & industrial

MLP finishes Bieruń

POLAND Automotive component distributor Auto Partner has increased the size of its lease in MLP Bieruń by app. 27,000 sqm, to 38,500 sqm.

Retail & leisure

H&M now in Głogów

POLAND H&M has opened a 1,700 sqm store in the Galeria Głogów shopping centre, which is its first store in the town of the same name.

Diverse in Argon

Property and Facility Management

POLAND Warsaw-based IT recruitment consultancy Diverse Consulting Group has leased 300 sqm of space in the Alchemia complex in Gdańsk. The tenant is to open the office in the Argon building at the beginning of August.

Sterlinga now doubly excellent

POLAND Sterlinga Business Center in Łódź has been awarded the BREEAM In-Use certificate with a rating of ‘Excellent’ in two categories: asset and building management.

Hotels

Pac Palace open again

Anna Pakulniewicz

LITHUANIA Hotel Pacai in Vilnius with 94 rooms and ten suites has opened.

Citibank and Celanese in Promenade Garden

HUNGARY Celanese has moved its Budapest headquarters to 4,200 sqm in the recently opened Promenade Gardens office building.They will soon be followed by Citibank Europe, which is to lease 8,000 sqm from December 1st.

Three tenants in Science Park

HUNGARY Three tenants AVL Autokút, Flex, Hydro Extrusion Hungary and Solvo Biotechnology have leased more than 4,300 sqm of prime office space in the Science Park office building in Budapest’s Buda district.

Hotels

Modern additions to Grójec palace hotel

Anna Pakulniewicz

POLAND A conference centre and additional guestrooms have been added to the Pałac Mała Wieś hotel near Grójec.

Immofinanz happy with Q1 results

EUROPE In the first quarter of this year Immofinanz saw its operating income double y-o-y to 35.5 mln from 17.8 mln in Q1 2017.

Investment & finance

NEPI Rockcastle buys two malls

POLAND/LITHUANIA NEPI Rockcastle has purchased the Aura Centrum shopping centre Olsztyn from Rockspring NPS European Alfa B.V and has also purchased the Ozas shopping centre in Vilnius from Arena Zweite Verwaltungs.

JWCH planning for the years ahead

POLAND J.W. Construction Holding (JWCH) has published its results for Q1 2018, which were marked by stable sales results and the expansion of its land bank.

CCC enters Switzerland