News

Office & mixed-use development

POLAND During the first ‘Grow with Warsaw’ workshop on December 13th at the Centrum Kreatywności Targowa centre, investors, developers and retail tenants discussed with the city authorities the capital’s current spatial policy as well as its plans and future retail strategy.

Britenet sets up on in Karolkowa

POLAND Software developer Britenet has leased offices in Karolkowa Business Park, an office development owned by Asbud Group in Warsaw’s Wola district.

Łódź pockets PLN 74 mln from real estate

POLAND In 2017 the city of Łódź sold 60 properties and raised over PLN 74 mln.

Occupancy rates in Sochi edging up

RUSSIA Occupancy in mountain hotels increased for the third year in a row, this time by 5 ppt over 2016, and climbed up to 59 pct.

Europa Capital raises EUR 716 mln

EUROPA Europa Capital has raised EUR 716 mln for its fifth European value-add fund and associated co-investment vehicles.

Warehouse & industrial

7R finishes Kowale – more to come

POLAND The final stage of the expansion of the Gdańsk-Kowale Logistics Park has now been completed with the addition of an 18,000 sqm building.

Slovak investment below EUR 600 mln

Property and Facility Management

SLOVAKIA The total investment volume in Slovakia for 2017 was recorded by JLL at just under EUR 525 mln, which was below the company’s EUR 600 mln expectation, since several deals failed to close before the year-end and will be completed in 2018.

C&W takes on Rolls-Royce

Rafał Ostrowski
journalist

WORLD Rolls-Royce Power Systems has selected Cushman & Wakefield to advise on the company’s global property operations.

Architecture and urban planning

Post–glacial education on the Vistula

POLAND An educational centre building inspired by the texture and shape of post-glacial stones is to be constructed in Golędzinów in Warsaw’s Praga-Północ district by the end of October 2018.

Infrastructure

State-owned logistics giant born?

POLAND Poczta Polska (the Polish Post) and the Polish State Railways (PKP) are to offer joint forwarding and logistics services, after the companies signed a letter of intent for cooperation in this area.

Investment & finance

Delta ups investment

Alex Hayes
journalist

CEE REGION Serbian-based Delta Holding has announced that it is to Invest EUR 600 mln in real estate projects over the next two years.

Retail & leisure

10 mln visitors in Galeria Echo

POLAND Around 10 mln customers visited the Galeria Echo shopping centre in Kielce last year, which means the mall had an average monthly footfall of over 800,000.

Residential

Retro-modernism in Praga

Office & mixed-use development

POLAND NC Investment has started the construction of a replica of a 1930s-modernist style tenement building in Warsaw’s Praga-Południe district.

Warsaw Rowing Association takes on tenant

POLAND A company from the training and event industry is to lease around 750 sqm on the top two floors of the Warsaw Rowing Association building next to the river Vistula on ul. Wiślarska.

Inreal sells for Ergo

Anna Pakulniewicz

LITHUANIA Inreal is to act as agent in the sale of 23 properties across the country by insurance company Ergo.

Residential

Nowa Murowana takes shape in Poznań

POLAND Łowiccy Grupa Deweloperska has started work on the ground floor of the building that forms the first stage of the Nowa Murowana estate in Murowana Goślina near Poznań.

Residential

Another unit sold in Złota 44

POLAND Another 240 sqm apartment has been sold on one of the top floors of the Złota 44 building in Warsaw. Skyline Real Estate acted as the agent.

Consortium on the road to Łomża

POLAND A consortium of three companies won a contract for the extension and redevelopment of the Nowogród–Łomża section of the no. 645 road.

Retail & leisure

Karuzela Kołobrzeg with environmental decision

Aneta Cichla

POLAND A environmental decision has been issued for the construction of the Karuzela Kołobrzeg shopping centre.

Construction

Angel River reaches highest point