News

POLAND The Hampton by Hilton Warsaw Mokotów at ul. Postępu 7 is to be officially opened for June.

Residential

Atal sells more Warszawa apartments

Tomasz Cudowski
editor-in-chief

POLAND Atal has begun apartment sales for the third stage of the Osiedle Warszawa estate in Warsaw’s Włochy district.

Echo faces another challenge in Katowice

25 May 2018

POLAND Echo Investment is planning to build the Face2Face Business Campus office project in Katowice.

PIMCO and Echo agree on Resi4Rent

POLAND R4R Sarl, which is part of a PIMCO managed fund, and developer Echo Investment have set up Resi4Rent, a joint venture that is to be the largest residential rental platform in Poland.

Warehouse & industrial

Prologis goes speculative in Bratislava

SLOVAKIA Prologis has begun the construction of two speculative buildings totalling 25,300 sqm at Prologis Park Bratislava.

Lots of construction in Prague 8

25 May 2018

CZECH REPUBLIC Most of the new office supply to be completed in Prague over the next to years, will be located in the Prague 8 district, claims JLL.

First topping of Browary

POLAND The first office building in the Browary Warszawskie mixed-use project in Warsaw’s Wola district has been topped off.

Events

Thomas Feichtner at the Architecture and Construction Festival

Eurobuild Conferences

Renowned Viennese designer Thomas Feichtner is to be the special guest of Eurobuild’s third Architecture and Construction Festival. The speech he will give will be on current design trends with a special focus on the workplace.

Technology to revolutionise retail and warehouse

WORLD Demographic, technological and legal changes as well as transport and mobility are the five key factors that will shape the retail and warehouse market growth, according to Cushman & Wakefield.

Warehouse & industrial

Dachser stays in MLP Pruszków II

POLAND Logistics operator Dachser has extended its 7,900 sqm lease in the MLP Pruszków II park near Warsaw.

Warehouse & industrial

Germans pitch their tents in Piotrków

POLAND Tent and pavilion retailer Toolport has leased almost 5,000 sqm in the Logistic City park in Piotrków Trybunalski.

Tenants expanding in Opera

POLAND Sharow Capital has signed five lease renewals and one new lease in its Opera Office building in Gdańsk.

Early Easter good for hotels

POLAND Europe’s hotel industry reported increases across the three key performance metrics during April 2018, according to data from STR. Occupancy in Europe rose by 1.5 pct to 73.2 pct, with ADR rising by 2.9 pct to EUR 108.03 and RevPAR up by 4.4 pct to EUR 79.13.

Baltic next to Domus

LITHUANIA Baltic Horizon Fund has completed the acquisition of 0.87 ha next to the Domus Pro complex in Vilnius, which is currently owned by the fund.

Budapest amongst leaders

HUNGARY The CEE hotel market has seem rapid growth over the last three years both in terms of hotel performance and transaction volumes due to the rapid expansion of the tourism industry. Within the region, the Budapest hotel market has seen exceptional growth, with RevPAR growth outpacing other capital cities in the region, according to Colliers International's latest hotel market study.

Concentrate on Advanced Business

BULGARIA Synnex Corporation subsidiary Concentrix, which is involved in global business services, has leased 11,500 sqm of office space with a 225 sqm terrace and 220 parking spaces in Advance Business Center I in Sofia from GTC Bulgaria. The contract includes the option to expand the lease by 2,900 sqm. Advance Business Center I is currently under construction and is planned to be completed in Q1 2019.

European retail development slows down

EUROPE The rate of shopping centre development in Europe is slowing, with completions down 23 pct year-on-year at 3.8 mln sqm in 2017, according to Cushman & Wakefield’s European Shopping Centres report.

Arquitectonica to design Liberty Tower

POLAND Golub GetHouse has selected New York based studio American Arquitectonica as the designer of the Liberty Tower skyscraper to be built in Warsaw’s Wola district.

Hotels

The Clark opens in Budapest

HUNGARY Hotel Clark has been built in the centre of Budapest by Market Építő on a plot that had been vacant for seventy years. The design is by Australian architect Anthony Gall.

Residential

Nexity starts building Life Town

22 May 2018