Retail & leisure
POLAND Deichmann footwear store in Galeria Gniezno welcomed customers with a new interior design that is a result of the modernization of the brand’s existing stores.
POLAND Norwegian-owned Puro Hotel Holding and the Family Investment 3 Limited Liability Company (registered in Gdańsk) have agreed to join forces and invest together in the hospitality business.
Hotels
CZECH REPUBLIC Domestic operators are gaining in competitiveness, Czech chain Pytloun Hotels will open on Wenceslas Square. The Czech hospitality market has been achieving above-average performance rates thanks to a steadily growing number of tourists. This has had a positive effect on hospitality properties whose yields ranging between 6 proc. and 7 proc. are noticeably higher than the yields in other commercial sectors, specifically retail, office and industrial. They are also attractive with rents guaranteed for a long time. As a result, converting office space into hospitality facilities is becoming a frequent choice among both domestic and international investors. Czech operators can compete with foreign ones quite capably and tend to be the preferred choice for hotel owners. Just about 14 proc. of the local market operators are international brands, according to Cushman & Wakefield’s report.
Residential
POLAND In H1 of the year, Budnex of Gorzów Wielkopolski sold more than 400 apartments and around 1,500 is currently under construction.
Residential
POLAND Bouygues Immobilier Polska will build new apartments at ul. Smardzewska 5 and 7 in Poznań.
Residential
POLAND Lokum Deweloper is preparing to launch a residential estate with app. apartments in the centre of Wroclaw. The estate will be erected in the Stare Miasto, near ul. Robotnicza and ul. Góralska at the site of former workshops and warehouses.
Interior design
POLAND Polish designer Tomasz Rygalik, the founder of Studio Rygalik, designed the SoundRoom system for the Noti brand.
POLAND The first project in Wrocław is launched as part of the Apartment Plus programme. Up to 470 apartments for rent are to be built at ul. Kolejowa 63/65 on a plot which belongs to the Polish Post.
ROMANIA In the first half of the year, the amount of co-working space across the country grew by 42 pct, reaching almost 68,000 sqm - according to real estate consultancy Crosspoint.
POLAND The developer has decided that the company will construct part of the project independently – without the participation of general contractors.
Retail & leisure
POLAND In Q4 of this year, Metropolitan Investment will start the construction of Galeria Metro Kwidzyn, the largest shopping and entertainment building in this town.
LITHUANIA Yit has been awarded a contract by US-based medical products manufacturer Hollister Incorporated to construct the second stage of a medical device plant in Kaunas.
Hotels
MACEDONIA Orbis Hotel Group has opened the first Mercure hotel in Macedonia: the Mercure Tetovo, in the northwest of the country.
Hotels
RUSSIA Yit has been awarded a contract with LLC Novyi Vek, part of the Plaza Lotus Group, for the construction of the first phase of a hotel in south St Petersburg.
Warehouse & industrial
CZECH REPUBLIC Prologis has started the construction of a 38,600 sqm building in Prologis Park Prague-Airport.
Green projects
POLAND The Wronia 31 office building in Warsaw’s Wola district has received the BREEAM certificate at the ‘Outstanding’ level for its post-construction stage. This is Ghelamco’s tenth BREEAM-certified building.
Retail & leisure
POLAND Another store of the Inditex clothing chain – Zara Home was established in Wrocław's Magnolia Park. The building also has other brands for this tenant: Pull & Bear, Bershka, Oysho, Stradivarius and Zara.
POLAND A company from the Marvipol Development group concluded a preliminary purchase contract for a 0.25 ha plot of land in Gdańsk, the purchase cost was PLN 38 mln.
Interior design
POLAND Doradztwo i Zarządzanie (DiZ), the owner of the boutique Ocean Plaza office building at the Gagulski Square in Warsaw, uses a new office in the building. Forbis Group is responsible for its arrangement.
Interior design
LITHUANIA The design of the interior of an office building in the Highway office building, the developer of which is Inreal, was created by Japanese architects Akiko Tutlys from Japan and Miglė Šalnaitė from Lithuania.
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